Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Bucharest Shares Open Down On Low Traded Values
The Bucharest-listed shares were losing almost 2% in early trade Tuesday, on reduced traded values, continuing the downward trend from the previous session.
Romania Has Enough Funds To Repay Forex Loans - Official
Romania has enough funds to repay some EUR2.5 billion foreign currency payments due in July and it doesn’t rely on the Wednesday auction to cover the amount, Finance Ministry state secretary...
BNR: Romania's Forex Reserves Fall To EUR32.1B In April
Romanian foreign exchange reserves fell to EUR32.07 billion in April from EUR32.77 billion a month earlier, central bank data showed Monday.
Leu Exchange Rate Weakens At 4.086 Vs Euro
Romania’s leu extended early losses against the euro in mid-trade Monday and the central bank’s reference weakened 0.3% to 4.086 units, from 4.0744 units in the previous session.
Analysts: BNR To Leave Key Rate Unchanged At 6.25% Tuesday
Romania's central bank is likely to leave its key rate unchanged for the eighth straight time at 6.25% a year during its next monetary policy meeting May 3, as it continues to battle high in...
Bakery Firm Titan Sees 2011 Sales Up 9% to RON283M
Romanian bakery company Titan (MPN.RO) expects sales of 282.9 million lei (EUR69.4 million) this year, up 8.7% from RON260.1 million in 2010, the company said Friday in a statement.
Romania March Overdue Loans Up 1.3% On Month To RON17.8B
Romanian overdue private loans rose 1.3% on the month to 17.8 billion lei (EUR4.4 billion) in March, equal to 8.66% of the total lending, central bank data showed Thursday.
Bucharest Shares Close Up In Pre-Holiday Trading
The Bucharest-listed shares gained slightly Friday, in a very quiet session ahead of the Easter holiday, with investors showing some interest only for the financial stocks.
US Adama Technologies May Sell Bucharest Energy Project For $15M
Adama Technologies Corp, an US-based clean-tech company, Wednesday said it has signed a non-binding agreement to sell the rights to a renewable energy project in Bucharest for about $15 mill...
Romanian Leu Gains Vs Euro, Exch Rate At 4.1021
Romania’s leu extended its early gains against the euro in mid session Thursday and the central bank’s reference strengthened 0.3% to 4.1021 units, from 4.114 units a day earlier.
Romania 1Q New Car Registrations Up 10% On Year
Romanian new car registrations went up 10% on the year to 9,679 units in the first quarter, despite a 6% fall in March, Interior Ministry data showed Monday.
Romania 4Q ‘10 Jobless Rate Rises To 7.3%
Romania's unemployment rate grew to 7.3% in the fourth quarter of 2010, from 6.9% in the previous quarter, the country’s statistics institute INS said Monday.