Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Bucharest Stocks Open Slightly Up, Traded Values Stay Low
The Bucharest stock exchange opened slightly up Wednesday, as the European markets edged higher, but the traded values remained extremely low.
Leu Stable Vs Euro In Early Quiet Trade
The Romanian leu was stable against the euro in early trade Wednesday, staying above 4.46 units in a quiet market, dealers said.
Listing Romgaz On Foreign Market Possible, Says Broker
Romanian natural gas producer Romgaz could be floated simultaneously in Bucharest and on a foreign exchange, but such a decision requires serious consideration, one of the brokers running th...
Leu Rises Vs Euro, Exchange Rate At 4.4587 Units
The Romanian leu rose against the euro in mid-trade Tuesday, on a suspected central bank intervention, and the official exchange rate was set at 4.4587 units, slightly stronger on the day.
S&P Places Romania's Transgaz 'BB+' Rating On Watch Negative
Standard & Poor's Ratings Services placed its 'BB+' long-term foreign and local currency corporate credit ratings on Romanian natural gas transmission system operator Transgaz Medias (TGN.RO...
Bucharest Stocks Open Down On Lackluster Trading
The Bucharest stock market opened down Tuesday, in a session dominated by lack of interest, with only two deals with SIF Muntenia (SIF4.RO) closed outside the main market lifting the trading...
Leu Trades Flat Vs Euro In Quiet Market
The Romanian leu opened around 4.465 against the euro Tuesday and traded close to this level in the first hour of trading, in a quiet market, dealers said.
Catalin Bulboaca Steps Down From Oltchim's Board
Adrian-Catalin Bulboaca, managing partner of law firm Bulboaca & Asociatii, resigned Wednesday from its position of interim member of the Board of Romanian chemical producer Oltchim Ramnicu-...
Moody's Downgrades BCR, Raiffeisen Bank Romania To Non-Investment Grade
Moody's ratings agency downgraded lenders Banca Comerciala Romana (BCR) and Raiffeisen Bank Romania to Ba1, a move synchronized with rating cuts in the banking sector in the Central and East...
Citibank Lends RON125M To Romania's Transelectrica
Romanian state-owned power grid operator Transelectrica (TEL.RO) took a five-month loan worth 125 million lei (EUR28 million) from the local unit of US financial group Citibank.
Leu Stays Around 4.46 Vs Euro In Early Trade
The Romanian leu traded around 4.46 against the euro Thursday morning in a market driven by commerciual demand for hard currency, dealers said.
Bucharest Stocks Open Up, On Low Trading Values
The Bucharest stock exchange opened on an upward trend Thursday, but on low traded values, as most investors are staying away.