Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Rompetrol Rafinare Sales Rise, Loss Narrows In 2014
Romanian oil refining company Rompetrol Rafinare (RRC.RO) Monday reported a net loss of $58.44 million for 2014, compared with $95.6 million in the previous year.
Transelectrica Net Profit Rose 85% In 2014
Romanian state-owned power grid operator Transelectrica (TEL.RO) reported an 85% higher net profit for 2014, following a significant rise in revenue, the company’s preliminary financial repo...
Electrica’s Net Profit Soars To RON280.5M In 2014
Romanian power distributor Electrica (EL.RO) Monday reported a net profit of 280.5 million lei (EUR63.2 million) for 2014, seven times higher than in the previous year, due to an improvement...
Romania Sells RON700M 3-Year Bonds At 1.94% Average Yield
Romania’s Finance Ministry on Monday raised a planned 700 million lei (EUR157.6 million) in the reopening of a three-year bond auction, while the yield fell to an all-time low for that matur...
Nuclearelectrica Net Profit Down 67% To RON137M In 2014
Romanian nuclear power producer Nuclearelectrica (SNN.RO) Monday reported a 67% drop in its net profit for the year 2014, following lower electricity sales and increased tax costs.
Alro Reports Net Loss Of RON92.6M In 2014
Romanian aluminum smelter Alro Slatina (ALR.RO) posted a net loss of 92.6 million lei (EUR20.8 million) in 2014, mainly due to higher financial costs, according to the company’s preliminary...
Zentiva 2014 Net Profit Rises 65% to RON61.5M
Romanian drugmaker Zentiva Bucharest (SCD.RO) posted a preliminary net profit of 61.5 million lei (EUR13.8 million) for 2014, up 65.3% compared with the previous year, following a significan...
Electrica Might Buy Minority Stakes Of Proprietatea Fund In Its Units
Romanian state-run power distributor Electrica (EL.RO) wants to buy the minority stakes held by investment fund Fondul Proprietatea (FP.RO) in its subsidiaries, the energy company said in a...
Romania FDI Down To EUR2.4B In 2014
Romanian foreign direct investment, or FDI, stood at EUR2.43 billion in 2014, down from EUR2.7 billion in the previous year, data from the central bank showed Friday.
BNR: Romania Current Account Deficit Narrows To EUR696M In 2014
Romania's current account balance posted a deficit of 696 million euros in 2014, compared with EUR1.17 billion a year earlier, mainly due to a wider services surplus and a narrower primary i...
Banca Transilvania 2014 Net Profit Up 19.5% to RON448M
Romanian lender Banca Transilvania (TLV.RO) Friday reported a 19.5% rise in its net profit for 2014, as increased lending activity led to a higher operating income.
Romania’s Construction Output Fell 6.7% in 2014, On Infrastructure Works Decline
Last year was another forgettable year for Romania’s construction industry, which cannot yet overcome the crisis.