Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Bucharest Stocks Undecided At Opening, On Low Traded Values
The Bucharest stock market opened without a clear trend, on low traded values, as international markets turned to losses.
Leu Slightly Weaker Vs Euro In Early Trade
The Romanian leu traded in a narrow range versus the euro Thursday morning, on very low transferred volumes.
Leu Ends Slightly Up Vs Euro, After Quiet Session
The Romanian leu traded in a narrow range Wednesday, closing around 4.463 against the euro, in a quiet market.
Leu Stable, Exchange Rate At 4.463 Vs Euro
The Romanian leu varied insignificantly in the first part of Wednesday's session, and the central bank set the exchange rate at 4.463 against the euro, little changed from 4.4626 against the...
Oltchim's Chairman Resigns
Karoly Borbely, a former secretary of state with the Economy Ministry, resigned from the Board of Romanian state-owned chemical producer Oltchim (OLT.RO), which he chaired, citing personal r...
Leu Opens Slightly Higher Vs Euro, In Line With Region
The Romanian leu traded around 4.46 against the euro Wednesday morning, as the other currencies in the region were also posting minor increases.
Bucharest Stocks Open Slightly Up, Interest Stays Low
The Bucharest stock exchange opened slightly up Wednesday, but the interest was reduced, as markets worldwide expect the conclusions of the Federal Reserve's policy meeting later on the day.
Moody's Cuts Hidroelectrica's Ratings By Four Notches To B2
Moody's Investors Service on Wednesday downgraded to B2 from Ba1 the long-term corporate family rating and probability of default rating of Romanian state-owned hydropower producer Hidroelec...
Leu In Ranges Vs Euro, Exchange Rate At 4.4626
The Romanian leu stayed above 4.46 against the euro in mid-trade Tuesday, and the central bank set the exchange rate at 4.4626 units, slightly stronger from 4.464 units in the previous day.
E&Y: Romania's M&A Market Doubled To $800M In Jan-May
The estimated value of mergers and acquisitions (M&A) closed in the first five months in Romania stands at around $800 million, almost double compared with the figure in the same period of 2...
Leu Trades Slightly Up Vs Euro On Low Volumes
The Romanian leu opened slightly up versus the euro Tuesday, trading around 4.46 units in the first hour, as the markets are waiting for a key report on investors' confidence in Germany late...
Fondul Proprietatea Drags Bucharest Bourse Down
The Bucharest bourse opened down Tuesday, despite a positive trend on European markets, with Banca Transilvania (TLV.RO) and Fondul Proprietatea (FP.RO) posting large declines.