Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Leu Flat Vs Euro In Quiet Early Trade
The Romanian leu was mostly still in early trade Wednesday, hovering around 4.275 to the euro, in a calm market with low trading volumes, dealers said.
Romania Sells RON700M 1-Year T-Bills; Yield Rises To 6.6%
Romania’s Finance Ministry on Tuesday sold a planned 700 million lei (EUR164 million) in one-year treasury bills, at an average yield of 6.64% a year, higher than at the previous auction.
Leu Slightly Up Vs Euro, Exchange Rate At 4.2706
Romania’s leu maintained early gains versus the euro by mid trade Tuesday and the central bank’s reference strengthened 0.2% to 4.2706 units.
BNR Pumps RON3.2M In 7-Day Repo
Romania’s central bank Tuesday injected 3.2 million lei (EUR749.4 million) into the money market in a seven days repurchase agreement operation at an interest rate of 6.25% a year, equal to...
Romania Posts Smallest Annual Growth Of 2Q GDP In EU
Romania’s second-quarter gross domestic product grew at the lowest rate in the European Union member states for which data is available, according to data released Tuesday by the bloc’s stat...
MedLife Borrows EUR40M From IFC, Erste To Fund Network Expansion
Romanian private healthcare operator MedLife on Tuesday signed a syndicated loan agreement worth EUR40 million with the International Finance Corporation (IFC) and Erste Group Bank to financ...
Bucharest Shares Open Up, Ease Gains Later
Romanian shares opened up Tuesday, fueled by the foreign bourses' growth in the previous day when the local market was closed for a national holiday, but the growth slowed down after half an...
Leu Opens Up Vs Euro, Unaffected By GDP Data
The Romanian leu opened up Tuesday, to match quotations on the foreign markets as Monday the local market was closed for a national holiday, but it soon lost some ground, in line with the ot...
Electroputere Sales Fall 46% On Year To RON56.1M In First Six Months
Romanian electric engines maker Electroputere Craiova (EPT.RO) Friday posted sales of 56.1 million lei (EUR14.8 million) in January to June, down 46.2% from RON104.4 million in the same peri...
Romcarbon Turns To Profit In 1H, Despite Falling Revenue
Romanian plastic profiles producer Romcarbon Buzau (ROCE.RO) Friday posted a net profit of 2.86 million lei (EUR0.67 million) for the first half, compared with a loss of RON2.83 million in t...
Comelf 1H Turnover Rises 50% To RON70M
Romanian manufacturer of environmental protection products Comelf Bistrita (CMF.RO) Friday posted a first-half net turnover of 70 million lei (EUR16.4 million), up 49% on the year.
Avicola Brasov 1H Revenue Up 10.4% To RON55.6M
Romanian poultry meat maker Avicola Brasov posted revenue of 55.6 million lei (EUR13.3 million) in the first half, 10.4% higher on the year, while the profit was flat, according to the compa...