Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Weekly Export Risk Outlook, March 25
The euro-zone economy had a positive start of the year, and business sentiment in Germany continued to improve, Euler Hermes noted in this week's Export Risk Outlook report.
Leu Extends Decline Vs Euro, Nears 4.43 Units
The Romanian leu continued its decline against the euro in the second half of Thursday session, in line with the trend in the region.
Leu Falls Vs Euro, Exchange Rate At 4.4208
The Romanian leu fell against the euro Thursday, continuing the declining trend noticed in the second part of the previous session, and the central bank set the official reference at 4.4208...
Romania Sells RON1B Of 12-Month T-Bills At 1.62% Average Yield
Romania’s Finance Ministry Thursday sold a planned 1 billion lei (EUR226.2 million) in 12-month treasury bills, with the average yield rising to 1.62%.
Carlyle Group Buys Sterling Resources’ Romanian Oil&Gas Operations For $42.5M
Private equity behemoth Carlyle Group will buy Sterling Resources’ Black Sea oil exploration business for a cash consideration of $42.5 million, the two companies said Thursday.
Transelectrica Expects "Investment Boom" In 2017-2018
Romanian state-owned power grid operator Transelectrica (TEL.RO) started earlier a few investment projects announced for 2016 and 2017 as it expects an “investment boom” in 2017-2018, the co...
Bucharest Stocks Inch Lower In Late Trade
The Bucharest stock exchange closed slightly lower Wednesday, after staying in green territory earlier in the day, while the traded values declined.
Leu Falls Vs Euro In Late Trade, Unlike Regional Trend
The Romanian leu lost ground against the euro in the second half of Wednesday session, unlike the other currencies in the region, but the transferred volumes were reduced.
Banca Transilvania To Raise Capital By RON417M To RON3B
Romanian lender Banca Transilvania (TLV.RO) plans to raise its share capital by 417.38 million lei (EUR94.7 million), by including part of its reserves, the bank said in a statement Wednesda...
Raiffeisen Bank Romania Posts 9% Higher Net Profit, At EUR113M In 2014
Raiffeisen Bank Romania posted last year a net profit of EUR113 million, up 8.6% from EUR104 million in the previous year, the lender said Wednesday.
Leu Exchange Rate Weakens Slightly To 4.4077 Vs Euro
The Romanian leu traded in a narrow range against the euro Wednesday morning, and the central bank set the official rate at 4.4077 units, just a tad weaker than yesterday.
Petrom Cuts Dividend Payout
Romania’s largest oil&gas company OMV Petrom (SNP.RO) plans to pay a gross dividend of 0.112 lei (EUR0.025) per share from 2014 profits, almost three times lower than last year.