Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Lafarge Agregate Betoane 1H Loss Narrows To RON11.9M
Romanian construction materials producer Lafarge Agregate Betoane (AGEM.RO), a unit of French group Lafarge, Friday posted a first-half loss of 11.9 million lei (EUR2.8 million), compared to...
Stoica&Asociatii To Advise On Romtelecom Listing
Romanian telecom operator Romtelecom selected law firm Stoica&Asociatii for advising on the proposed listing of the company’s shares in Bucharest.
Bucharest Shares Pare Losses On US Markets’ Bounce
The Bucharest bourse recouped part of earlier losses towards closing bell, as the US markets opened higher after better-than-seen jobs data in the world’s largest economy, but it still poste...
Condmag 1H Net Profit Sinks On Sales Slump
Romanian utility pipeline builder Condmag (COMI.RO) Friday reported a first-half net profit of 188.964 lei (some EUR45,000), much lower than RON3.1 million in the year-earlier period, as sal...
Bucharest Bourse Ends Down, BET-C Slides To Lowest Level In 2011
The Bucharest shares ended down for the third session in a row Thursday, as the global selloff erased the early optimism, and the composite index BET-C closed at this year's lowest level at...
Almost 2% In Proprietatea Fund Traded In Bucharest For RON122M
A stake of around 1.8% in Romanian investment fund Fondul Proprietatea (FP.RO) changed hands on the deal market of the Bucharest stock exchange Thursday, for 122 million lei (EUR28.9 million...
Bucharest Bourse Opens Up, Energy Stocks Lead Revival
The Bucharest stock exchange opened on a rising trend Thursday, after a slump in the previous sessions, with the energy companies recouping part of Wednesday's large losses.
Leu Gains Vs Euro On Improved Sentiment
The Romanian leu rose against the euro in early trade Thursday, on a positive sentiment fueled by a return to growth of the US markets late Wednesday.
INS: Romania Average Net Wage Up 1% In June, To RON1,472
The average net salary in Romania rose 1% on the month to 1,472 lei (around EUR350) in June, due to granting of occasional bonuses, amounts distributed from the profits, and to higher produc...
Bucharest Shares Continue Decline, Interest Stays Low
Romanian shares ended down Wednesday, as their losses deepened in late trade, despite a rejuvenation on the international markets after the publishing of better-than-expected jobs data in th...
Romanian Central Bank Keeps Key Rate Unchaged At 6.25%
Romania’s central bank Wednesday left its main interest rate at a record low of 6.25% a year for the tenth straight time, as inflation is still likely to top the bank’s forecast.
Erste Expects SIFs' Decision On BCR Listing Options
Austria’s Erste Group Bank (EBS.RO) Wednesday said it awaits a decision from minority shareholders in its Romanian unit Banca Comerciala Romana (BCR) following discussion about the Romanian...