Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Analysts Expect New Rate Cut From Romania’s Central Bank
Romania’s central bank is likely to lower its main monetary policy rate by 25 basis points to a record low of 2% in its Tuesday board meeting, the last rate cut in the current cycle, accordi...
Romgaz Announces Two New Gas Discoveries In Romania
Romania’s largest natural gas producer Romgaz (SNG.RO) Monday announced two new onshore gas discoveries, which account for 3% of its daily production.
Nuclearelectrica Restarts Reactor After Repair Works
Romanian nuclear power company Nuclearelectrica (SNN.RO) reconnected one of its reactors to the power grid after performing some repair works, the company said Monday.
INS: Romanian Executives See Economic Rebound In Spring Season
Romanian managers predict activity in all economic sectors will grow over the March-May period compared with the previous three months, the statistics institute INS said in a survey released...
Romania Issued More Housing Permits In February
Romanian housing permits went up 34.3% to 2,249 units in February, from 1,647 units a month earlier, the country’s statistics institute INS said Monday.
Bucharest Stocks Close Slightly Down, Profit Forecasts Weigh In
The Bucharest stock exchange closed slightly lower Friday, with the main stocks affected by the the budget proposals made in advance of shareholder meetings.
ING Wants Petrom's CEO In Its Supervisory Board
Dutch financial group proposed the appointment of Mariana Gheorghe, chief executive of Romania’s largest company OMV Petrom (SNP.RO), as non-executive member of its Supervisory Board.
Leu Rises Vs Euro In Late Trade, On Low Volumes
The Romanian leu stayed on a positive trend in the second half of Friday session, on reduced transferred volumes, and it strengthened from the previous day.
Nuclearelectrica To Pay Four-Time Lower Dividend From 2014 Profit
Romanian nuclear power producer Nuclearelectrica (SNN.RO) plans to pay a four-time lower dividend from last year’s profits following the abrupt decrease of its net result.
Electrica To Pay RON250M As Dividends
Romanian electricity distribution company Electrica (EL.RO) proposed the payment of a gross dividend of 0.7217 lei (EUR0.16) per share from the 2014 profits, the company said in a statement...
Antibiotice To Pay Half Of 2014 Profit As Dividends
Romanian pharmaceutical producer Antibiotice Iasi (ATB.RO) plans to pay dividends of 15.74 million lei (EUR3.5 million), about half of last year’s net profit, according to documents prepared...
Leu Stays On Losing Path, Exchange Rate At 4.4242 Vs Euro
The Romanian leu continued its decline against major currencies Friday, and the central bank set the exchange rate at 4.4242 per euro.