Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Carbochim Revenue Up 33% To RON8.4M In First Quarter
Romanian maker of abrasive products Carbochim (CBC.RO) posted revenue of 8.4 million lei (EUR2 million) in the first quarter, up 33% from RON6.3 million in the same period a year ago, the co...
VES 1Q Sales Improve, But Loss Widens
Romanian stoves and pots maker VES Sighisoara (VESY.RO) Monday said its sales rose 44% on the year in the first quarter, but the company's net loss widened in the analyzed period.
Argus Posts 1Q Net Profit Of RON5.7M, Up 26% On Year
Romanian edible oil producer Argus Constanta (UARG.RO) Monday reported a net profit of 5.66 million lei (EUR1.4 million) in the first quarter of 2011, up 26.3% from RON4.48 million in the sa...
Cristescus' Foraj Sonde Net Profit Slides In First Quarter
Romanian oil and gas services company Foraj Sonde Craiova (FOSB.RO) Monday posted a net profit of 371,117 lei (about EUR90,000) in January to March, down from RON974,236 in the same period a...
Leu Ends Up Vs Euro, In Line With Region
The Romanian leu continued its upward trend in late session Monday and closed stronger against the euro, in line with the other currencies in the region.
Romania Sells RON1.1B In 6-Month T-Bills; Average Yield Falls To 6.29%
Romania’s Finance Ministry on Monday sold 1.12 billion lei (EUR272.8 million) in six-month treasury bills, at an average yield of 6.29% a year, lower than at the previous auction.
Leu In Ranges, Exchange Rate At 4.1054 Vs Euro
Romania’s leu kept its early gains against the euro in mid-trade Monday, and the central bank’s reference was little changed at 4.1054 units, from 4.106 units in the previous session.
Eurostat: Romania Posts Highest Annual Inflation In EU For 9th Straight Month
Romania maintained the highest inflation in the European Union for the ninth month in a row in April, while the EU's average rate was up at 3.2% from 3.1% in March, statistics office Eurosta...
Romania To Ensure Gas Exports Towards Hungary By End-2012
Romania’s government pledged to make the needed steps to allow exports of natural gas towards Hungary by the end of 2012, according to the memorandum of understanding agreed with the Europea...
Zentiva Romania's Net Profit Slightly Down To RON19.4M In First Quarter
Drug maker Zentiva Romania (SCD.RO) reported a net profit of 19.43 million lei (EUR4.7 million) in January to March, slightly down from RON19.5 million in the same period of 2010, on lower s...
Proprietatea Fund Swings To Net Profit Of RON14.1M In 1Q
Romanian investment fund Fondul Proprietatea (FP.RO) Friday reported a first-quarter net profit of 14.1 million lei (EUR3.4 million), compared with a loss of RON23 million in the year-earlie...
Bucharest Shares Open Up, Proprietatea Fuels Recovery
The main indexes of the Bucharest bourse were up in early trade Friday, as Fondul Proprietatea (FP.RO) returned to growth, while Transgaz (TGN.RO) was gaining 2% after announcing a small inc...