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Senior Editor

Bogdan Neagu

Fields
Capital Market, Macroeconomics, Banks-Insurance
Writing for ZF since
2011
Articles
1.841
Nuclearelectrica Shuts Down Reactor
Energy

Nuclearelectrica Shuts Down Reactor

Romanian energy producer Nuclearelectrica Wednesday shut down Unit 2 at its Cernavoda nuclear plant, following the unexpected activation of an automatic system, the company said in a stateme...

Bogdan Neagu · 07.11.2012 · 15:42 · 1 min
Leu Ends Slightly Up, On Alleged Central Bank Euro Sales
Capital Market

Leu Ends Slightly Up, On Alleged Central Bank Euro Sales

The Romanian leu closed slightly higher against the euro Monday, with some dealers suspecting indirect euro sales made by the central bank to support the local currency.

Bogdan Neagu · 05.11.2012 · 17:37 · 1 min
Banks-Insurance

Romania Sells RON794M 1-Year T-Bills, At An Average Yield Of 6.08%

Romania’s Finance Ministry on Monday sold 794.1 million lei (EUR175.7 million) in one-year treasury bills, slightly below the planned amount, at an average yield of 6.08%, in line with the r...

Bogdan Neagu · 05.11.2012 · 15:51 · 1 min
Leu Exchange Rate Strenghtens To A Six-Week High Of 4.5209 Vs Euro
Capital Market

Leu Exchange Rate Strenghtens To A Six-Week High Of 4.5209 Vs Euro

The Romanian leu extended early gains versus euro in mid-trade Monday, and the central bank's reference rate strengthened for the ninth day in a row to 4.5209 units, the highest in six weeks...

Bogdan Neagu · 05.11.2012 · 14:03 · 1 min
BNR Caps Repo For Fifth Week; Ceiling Stays At RON4B
Banks-Insurance

BNR Caps Repo For Fifth Week; Ceiling Stays At RON4B

Romania’s central bank has capped its weekly repurchasing operation for a fifth straight time Monday, keeping the available amount at 4 billion lei (EUR884 million).

Bogdan Neagu · 05.11.2012 · 14:02 · 1 min
BRD Extends RON150M Revolving Loan To Transelectrica
Banks-Insurance

BRD Extends RON150M Revolving Loan To Transelectrica

Romanian state-run power grid operator Transelectrica (TEL.RO) contracted a revolving loan facility from BRD-Groupe Societe Generale (BRD.RO), with a 150 million lei (EUR33.1 million) ceilin...

Bogdan Neagu · 05.11.2012 · 11:07 · 1 min
Leu Opens Flat Vs Euro In Quiet Market
Capital Market

Leu Opens Flat Vs Euro In Quiet Market

The Romanian leu was virtually unchanged in the first hour of Monday interbank session, in a quiet market with low transferred volumes.

Bogdan Neagu · 05.11.2012 · 11:06 · 1 min
Bucharest Shares Mixed In Early Trade, On Improving Traded Values
Capital Market

Bucharest Shares Mixed In Early Trade, On Improving Traded Values

The Bucharest stock exchange opened undecided, in sync with the European markets, which were searching for direction ahead of a key report on the US economy.

Bogdan Neagu · 02.11.2012 · 10:49 · 1 min
Leu Maintains Early Gains And Ends Stronger Vs Euro
Capital Market

Leu Maintains Early Gains And Ends Stronger Vs Euro

The Romanian leu kept earlier gains against the euro and closed around 4.5365/4.5373 units Tuesday, but transferred volumes decreased in late trade, dealers said.

Bogdan Neagu · 30.10.2012 · 17:18 · 1 min
Erste Keeps Exposure To Romania Unchanged At EUR8.6B - CFO
Banks-Insurance

Erste Keeps Exposure To Romania Unchanged At EUR8.6B - CFO

Erste Group Bank (EBS.RO) kept unchanged its exposure to Romania this year, according to the Austrian lender’s chief financial officer Manfred Wimmer.

Bogdan Neagu · 24.10.2012 · 11:32 · 1 min
Bucharest Stocks Open Undecided In Apathetic Trade
Capital Market

Bucharest Stocks Open Undecided In Apathetic Trade

The Bucharest stock exchange opened down Wednesday, but entered green territory after some 25 minutes, on extremely low traded values.

Bogdan Neagu · 24.10.2012 · 10:41 · 1 min
Leu Little Up Vs Euro On Low Volumes
Capital Market

Leu Little Up Vs Euro On Low Volumes

The Romanian leu opened slightly stronger against the euro Wednesday, in an apathetic trading session with very low transferred volumes.

Bogdan Neagu · 24.10.2012 · 10:31 · 1 min