Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Transelectrica 1Q Net Profit Falls To RON43.6M
Romanian power grid operator Transelectrica (TEL.RO) Monday reported a first quarter net profit of 43.6 million lei (EUR10 million), much lower than RON160.8 million in the year-earlier peri...
Bucharest Stocks Sink, Financials Lead The Way
The Bucharest-listed shares opened down and extended their losses after the first hour of trading, with financial stocks taking the hardest hits, as tensions in Europe intensify due to the p...
Rompetrol Rafinare 1Q Loss Widens To $62.7M
Romanian oil company Rompetrol Rafinare (RRC.RO), part of The Rompetrol Group, Friday reported a first-quarter net loss of $62.7 million, much larger than $11.3 million in the year-earlier p...
Bucharest Bourse Closes Down, Energy Stocks Sink Further
The Bucharest stock exchange closed down Friday, as several stocks posted significant declines in the ex-dividend date, with the energy sectior taking the hardest hit.
Leu Opens Stronger Vs Euro In Quiet Market
The Romanian leu opened Thursday below 4.42 versus the euro, in a quiet market, after a strong depreciation in the previous session.
Bucharest Stocks Open Down; Transgaz, Fondul Proprietatea Lead Decline
The Bucharest stock exchange opened down Thursday, with Transgaz (TGN.RO) and Fondul Proprietatea (FP.RO) leading the decline in the ex-dividend date.
Bucharest Stocks Extend Losses, BET Falls 2%
The Bucharest stock exchange extended its losses in late trade Wednesday, and large decreases of OMV Petrom (SNP.RO) and Banca Transilvania (TLV.RO) dragged the BET index down 2%.
Bucharest Stocks Open Down, Fondul Proprietatea Leads Trades
Bucharest-listed shares were down in early trade Wednesday, but the interest was low, with only Fondul Proprietatea (FP.RO) and OMV Petrom (SNP.RO) posting some relevant trading figures.
Bucharest Stocks End Up, SIF Muntenia Rises 4.3%
The Bucharest-listed shares closed up Tuesday, after a lackluster session, with SIF Muntenia (SIF4.RO) rising 4.3% after the company said it would pay additional dividends.
Bucharest Stocks End Down, Special Deals Lift Traded Values
The Bucharest stock exchange closed down Monday, after staying in red during the entire session, as the sentiment on international markets was generally bleak after elections in two euro-zon...
Leu Exchange Rate Slightly Weaker At 4.4053 Vs Euro
The Romanian leu traded in a narrow range in the first part of Monday trading session, and the central bank's reference rate weakened slightly to 4.4053 units, from 4.4044 units Friday.
Leu Opens Flat Vs Euro In Quiet Market
The Romanian leu was slightly changed in the first hour of trading Monday, as investors did not react to the announcement of an agreement between the country's new government and internation...