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Senior Editor

Bogdan Neagu

Fields
Capital Market, Macroeconomics, Banks-Insurance
Writing for ZF since
2011
Articles
1.841
Leu Ends At 4.466 Vs Euro, After Quiet Session
Capital Market

Leu Ends At 4.466 Vs Euro, After Quiet Session

The Romanian leu closed at around 4.466 against the euro Monday, after a relatively calm session, with low transferred volumes, dealers said.

Bogdan Neagu · 18.06.2012 · 17:10 · 1 min
BNR Adds RON11B To Market
Banks-Insurance

BNR Adds RON11B To Market

Romania's central bank (BNR) Monday pumped 11.95 billion lei (EUR2.67 billion) into the market in a seven-day repurchase agreement operation at an interest rate of 5.25% a year, equal to the...

Bogdan Neagu · 18.06.2012 · 13:41 · 1 min
Capital Market

Leu Turns To Losses, Exchange Rate At 4.464 Vs Euro

The Romanian leu lost ground in mid-trade Monday and the central bank set the reference rate at 4.464 per euro, 0.14% weaker on the day.

Bogdan Neagu · 18.06.2012 · 13:31 · 1 min
Hidroelectrica Asks For Start Of Insolvency Proceedings
Energy

Hidroelectrica Asks For Start Of Insolvency Proceedings

Romanian hydropower producer Hidroelectrica asked the Bucharest court for the start of the insolvency proceedings, and a first hearing was scheduled for Wednesday.

Bogdan Neagu · 18.06.2012 · 13:19 · 1 min
Leu Opens Slightly Up, On Positive Sentiment In The Region
Capital Market

Leu Opens Slightly Up, On Positive Sentiment In The Region

The Romanian leu traded slightly up in early trade Monday, on a positive sentiment in the region, after the election results in Greece.

Bogdan Neagu · 18.06.2012 · 11:11 · 1 min
Bucharest Stocks Open Up, On Greek Election Results
Capital Market

Bucharest Stocks Open Up, On Greek Election Results

The Bucharest stock exchange rose strongly on Monday morning, in line with the global markets' rally, as first results from Greece show the pro-austerity party have won the election.

Bogdan Neagu · 18.06.2012 · 10:59 · 1 min
Bucharest Bourse Ends Up, Petrom Deals Lift Traded Values
Capital Market

Bucharest Bourse Ends Up, Petrom Deals Lift Traded Values

The Bucharest stock exchange rose 0.7% Friday, fueled by a positive sentiment on international markets, but the interest for local stocks remained low, with only special deals lifting the tu...

Bogdan Neagu · 15.06.2012 · 17:36 · 1 min
ING Bank Romania 1Q Pretax Profit Up 36% To RON65M
Banks-Insurance

ING Bank Romania 1Q Pretax Profit Up 36% To RON65M

ING Bank Romania posted a pretax profit of 65 million lei (EUR14.6 million) in the first quarter, up 36% on the year, fueled by a 20% increase in assets, the bank said Friday.

Bogdan Neagu · 15.06.2012 · 12:02 · 1 min
Leu Stable Vs Euro In Quiet Market
Capital Market

Leu Stable Vs Euro In Quiet Market

The Romanian leu was mostly stable versus the euro in early trade Friday, in a quiet market, while the other currencies in the region were slightly falling.

Bogdan Neagu · 15.06.2012 · 11:38 · 1 min
Bucharest Stocks Up In Early Trade, Low Interest Persists
Capital Market

Bucharest Stocks Up In Early Trade, Low Interest Persists

The Bucharest stock exchange was slightly up in early trade Friday, but the interest remains reduced as seen in the trading figures.

Bogdan Neagu · 15.06.2012 · 11:34 · 1 min
Leu Stable Vs Euro; Sentiment Is Negative In The Region
Capital Market

Leu Stable Vs Euro; Sentiment Is Negative In The Region

The Romanian leu was mostly stable against the euro at the start of the Thursday session, but the sentiment in the region was negative after a new round of sovereign downgrades in the euro-z...

Bogdan Neagu · 14.06.2012 · 11:29 · 1 min
Bucharest Stocks Open Up, Fondul Proprietatea In Focus
Capital Market

Bucharest Stocks Open Up, Fondul Proprietatea In Focus

The Bucharest stock exchange inched higher in early trade Thursday, but Fondul Proprietatea (FP.RO) was the only issuer that gathered investors' interest.

Bogdan Neagu · 14.06.2012 · 11:22 · 1 min