Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
INS: Romania Power Output Up 0.4% On Year In First 10 Months
Romanian energy output rose 0.4% on the year to 18.2 million tons of oil equivalent in the first ten months of 2014, fueled by higher production in most sectors, official data showed Thursda...
Romania Consumer Prices Fall In November, Annual Inflation Down To 1.26%
Romanian consumer prices fell 0.2% in November from a month earlier, on lower prices for food and non-food products, and the annual inflation slid to 1.26%, the country’s statistics institut...
Banca Transilvania Won’t Need Capital Hike For Volksbank Romania Takeover
Banca Transilvania (TLV.RO) won’t need additional capital resources to fund the acquisition of Volksbank Romania, and the financial details of the deal will be announced in a few months, the...
INS: Romania’s Construction Output Falls In October
Romania’s construction output fell in October compared with the previous month, and it extended its decline against the same period of last year, official data showed Wednesday.
Romania Trade Deficit Widens Slightly In First 10 Months
Romania’s exports rose more rapidly than imports in the first ten months compared with the same period of 2013, but the trade deficit still widened slightly, the country’s statistics institu...
Banca Transilvania Acquires Volksbank’s Romanian Unit
Romanian lender Banca Transilvania (TLV. RO) Wednesday said it approved the acquisition of Volksbank Romania, the local unit of Österreichische Volksbank en AG.
Romania Agrees With IMF, EU On 2015 Budget Deficit Of 1.8% of GDP
Romania’s government reached an agreement with the International Monetary Fund and the European Commission on next year’s budget, which includes a potential increase of the estimated deficit...
Bucharest Stocks Close Down, Proprietatea Rises 1.3%
The Bucharest stock market closed slightly down Monday, but the shares of investment fund Fondul Proprietatea (FP.RO) rose 1.3% and ensured more than half of the bourse's total turnover.
Leu Recoups Loss Vs Euro In Late Trade
Romania’s leu entered a gaining path in the second half of Monday session, trading below 4.44 per euro.
Leu Exchange Rate Weakens To 4.4419 Vs Euro
Romania’s leu extended its decline against the euro in mid-trade Monday and the central bank’s reference touched the weakest point in two weeks, at 4.4419 units.
Average Salary Rises Slowly In Romania
Romanian average net salary increased 0.4% to 1,705 lei (EUR380) in October, from RON1,698 a month earlier, the statistics institute INS said Monday.
INS: Romania Industrial New Orders Fall In October
Romanian industrial new orders fell in October after a 34% increase in the previous month, the country’s statistics institute INS said Monday.