Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
BNR Lends RON1.14B To 3 Local Banks
The Romanian central bank Monday lent 1.14 billion lei (EUR262 million) to three local banks in a seven-day repurchase agreement operation at an interest rate of 6% a year, equal to the mone...
Romania Sells RON1.39M 6-Month Bills At 6.5% Average Yield
Romania’s Finance Ministry on Monday sold six-month treasury bills worth 1.39 billion lei (EUR317 million), above the planned amount, at an average yield of 6.51% a year, lower than at the p...
Prospectiuni 9-Month Net Profit Quadruples To RON30.7M
Romanian Prospectiuni Bucuresti (PRSN.RO), provider of geological surveys for the oil and gas industry, Monday reported a net profit of 30.7 million lei (EUR7.3 million) for January-Septembe...
Leu Slightly Up Vs Euro, Exchange Rate At 4.3448
The Romanian leu kept early gains versus the euro Monday, and the central bank computed an exchange rate of 4.3448 units, slightly stronger from 4.3479 units in the previous session.
Bucharest Stocks Rise, Focus On Financials
Bucharest-listed shares were in green territory in the first part of Monday session, in line with the main European exchanges, while investors turned again for major liquidity drivers on the...
Leu Up Vs Euro In Early Trade, In Line With Region
The Romanian leu inched higher against the euro in early trade Monday, on a positive sentiment in the region, as the formation of new governments in Greece and Italy renewed hopes of new sol...
Teraplast Falls Into The Red: RON6.9M Loss In Jan-Sep
Romanian plastic systems maker Teraplast (TRP.RO) Thursday reported a net loss of 6.9 million lei (EUR1.6 million) for the first nine months, compared with a net profit of RON6.3 million in...
Vae Apcarom Jan-Sep Net Profit Up 8% To RON5.2M
Romanian rolling stock maker Vae Apcarom Buzau (APC.RO), owned by Austria's Voestalpine, Thursday reported net profit of 5.2 million lei (EUR1.2 million) for the first nine months, up 8% on...
SIFs Surge At Bucharest Opening Bell, On Ownership Cap Talks
Shares of the five Romanian regional investment funds, or SIFs, opened sharply higher Tuesday, after a Parliament committee voted in favor of raising the maximum ownership limit in the funds...
BNR Revises Down Romania's 2010 FDI To EUR2.2B
Romania’s central bank Monday revised downward foreign direct investment data for 2010 to EUR2.22 billion, compared with EUR3.5 billion in the previous year.
Leu Ends Down Vs Euro, Following Region
The Romanian leu closed down almost 0.5% against the euro Tuesday, following the regional trend on increased risk aversion on financial markets.
ANOFM: Romania Jobless Rate Inches Up To 4.9% In September
Romanian unemployment rate reached 4.89% in September, barely changed from 4.87% in the previous month, the country’s employment agency ANOFM said Tuesday.