Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Leu Opens Down Vs Euro, In Line With Region
The Romanian leu fell against the euro in early trade Wednesday, as investors feared a worsening of the euro-zone debt crisis and rushed to safe-haven currencies such as the Swiss franc.
Bucharest Shares Down In Early Trade, On Slightly Revived Interest
The Bucharest bourse opened down Wednesday, continuing its downward trend from the previous session, on slightly higher trading values than in recent days.
Romania Tourist Arrivals Up 11.7% On Year In First Half
Tourist arrivals in Romania rose 11.7% in the first year-half compared with the same period of 2010, while tourist accommodations were up 4.2% on the year, the statistics institute INS said...
Bucharest Shares Close Down 1.5% After Quiet Session
The Bucharest-listed shares deepened their losses towards closing time Tuesday, on a negative sentiment on international markets, and the major indices ended down 1.5% on average, but the tr...
Leu Falls Vs Euro, Mirroring Regional Currencies
The Romanian leu fell against the euro in early trade Tuesday, in line with the currencies in the region, on a negative sentiment triggered by renewed fears about sovereign debts in eurozone...
Bucharest Shares Open Down, SIFs Fall More Quickly
Romanian shares opened down Tuesday, with the regional investment funds (SIFs) posting a speedier decline, but the investors' interest was generally reduced.
Proprietatea Fund Buys Back 0.26% Stake For RON18.8M
Romanian investment fund Fondul Proprietatea (FP.RO) last week bought back 0.26% of its shares on the Bucharest bourse for 18.77 million lei (EUR4.4 million), the fund said in a statement Tu...
Socot Targu-Mures 1H Net Profit Rises To RON2.1M
Romanian hydro-technical construction company Socot Targu Mures (SCTO.RO) Monday posted a first-half net profit of 2.14 million lei (about EUR0.5 million), more than three times higher than...
Bucharest Shares Close Up, Financials In The Lead
Romanian shares closed on a positive note Monday, after five consecutive sessions of decreases, with the investment fund stocks dominating the trades.
UNIQA Names New Presidents At Its Romanian Subsidiaries
Austrian insurance group UNIQA named Florin Golovatic and Remus Lapusan at the helm of its Romanian subsidiaries, UNIQA Asigurari and UNIQA Asigurari de Viata, respectively, the company anno...
Bucharest Shares Open Up, In Line With European Markets
Bucharest-listed shares were up in early trade Monday, following the trend on the European markets, which were gaining 1% on a positive sentiment as Congressional leaders reached a deal on t...
Bucharest Shares Close Up, SIFs Gain 2%
The Bucharest stock exchange ended the week on an upbeat note, following the international markets' trend, with financial stocks dominating the trading session.