Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Bucharest Stocks Trade Slightly Down In Apathetic Market
The Bucharest stock exchange were a touch weaker in early trade Monday, in line with the other European markets, but the traded values were extremely thin.
Bucharest Stocks Open Mixed In Quiet Trade
The trading session on the Bucharest stock exchange was extremely quiet after the first hour Friday morning, with few shares posting significant moves and very low traded values.
Leu Trades Below 4.49 Vs Euro In Early Session
The Romanian leu stayed in a narrow range against the euro in early trade Friday, in a quiet market with low transferred volumes.
Leu Recoups Lost Ground After Court Decision, Exchange Rate At 4.4987 Vs Euro
The Romanian leu returned into positive territory, after initially losing ground in short time following the Consitutional Court's decision to invalidate the President's impeachment vote, de...
Romania Rejects All Bids At 1-Year T-Bills Auction
Romania’s Finance Ministry on Monday rejected all bids at an one-year treasury-bills auction, citing unacceptable yields.
ING: No Positive Outcome For Leu Whatever The Court Decides
Tuesday’s decision of Romania’s Constitutional Court on the referendum for the President’s impeachment will have no positive impact for the leu, according to an analysis of ING Bank.
TMK Artrom Posts 43% Lower Net Profit In 1H, At RON34M
Romanian pipe producer TMK Artrom Slatina (ART.RO), a unit of Russian steel and mining group TMK, Tuesday reported a net profit of 33.9 million lei (EUR7.7 million) for the first six months,...
Leu Stays In Ranges Vs Euro, Unmoved By GDP Data
The Romanian leu traded in a narrow range Tuesday morning, unaffected by better-than-expected economic growth data, dealers said.
Foreign Direct Investment Falls To EUR625M In First Six Months
Romanian foreign direct investment, or FDI, were down 28.9% on the year to EUR625 billion in the first half, central bank data showed Monday.
BNR: Romania's Current Account Deficit Down To EUR2.4B In First Half
Romania's current account deficit narrowed to EUR2.4 billion in the first half of 2012, from a gap of EUR3.4 billion a year earlier, largely due to a higher current transfer surplus, central...
Fitch Affirms City Of Bucharest Ratings At BBB-
Fitch Ratings on Friday affirmed the Romanian City of Bucharest's long-term foreign currency rating at 'BBB-', the long-term local currency rating at 'BBB' and the short-term foreign currenc...
SIF Transilvania Posts 22% Higher Revenue In First Half
Romanian regional investment fund SIF Transilvania (SIF3.RO) Friday reported a 22% increase in its first-half revenue to 179.7 million lei (EUR41 million), mostly due to stake sales on the B...