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Senior Editor

Bogdan Neagu

Fields
Capital Market, Macroeconomics, Banks-Insurance
Writing for ZF since
2011
Articles
1.841
Romania Industrial Output Rises In September
Macroeconomics

Romania Industrial Output Rises In September

Romanian adjusted industrial production rose 2.4% in September compared with a month earlier, on higher output in the manufacturing sector, the country’s statistics institute INS said Monday...

Bogdan Neagu · 10.11.2014 · 10:04 · 1 min
Romania Trade Deficit Widens To EUR4.3B In First 9 Months
Macroeconomics

Romania Trade Deficit Widens To EUR4.3B In First 9 Months

Romania’s exports rose more rapidly than imports in the first nine months compared with the year-earlier period, but the trade deficit still widened, the country’s statistics institute INS s...

Bogdan Neagu · 10.11.2014 · 10:00 · 1 min
Romania Industrial New Orders Rise In September
Macroeconomics

Romania Industrial New Orders Rise In September

Romanian industrial new orders recouped in September after a 13.1% decrease in the previous month, data from the country’s statistics institute INS showed Friday.

Bogdan Neagu · 07.11.2014 · 10:37 · 1 min
INS: Romania Industrial Sales Up 18.3% On Month In September
Macroeconomics

INS: Romania Industrial Sales Up 18.3% On Month In September

Romanian industrial sales rose 18.3% in September, after a 12.3% decline in the previous month, according to data released by the statistics institute INS Friday.

Bogdan Neagu · 07.11.2014 · 10:35 · 1 min
BNR Sees Inflation Down To 1.1% In 1Q ‘15
Macroeconomics

BNR Sees Inflation Down To 1.1% In 1Q ‘15

The Romanian central bank estimates the annual inflation will fall below 1.5% at the beginning of next year, but then will return in its target interval in the second and third quarters.

Bogdan Neagu · 06.11.2014 · 17:11 · 1 min
Romania Sells RON500M In 5-Year Bonds, At 2.8% Average Yield
Banks-Insurance

Romania Sells RON500M In 5-Year Bonds, At 2.8% Average Yield

Romania’s Finance Ministry Thursday raised a planned 500 million lei (EUR112.9 million) in a reopening of a five-year bond due June 2019, at a lower yield than at previous auction.

Bogdan Neagu · 06.11.2014 · 15:41 · 1 min
Weekly Export Risk Outlook, November 5
Analysis

Weekly Export Risk Outlook, November 5

The ruble is continuing to decline despite the Russian central bank's actions to stabilize the national currency, Euler Hermes analysts said in the latest Weekly Export Risk Outlook report.

Bogdan Neagu · 06.11.2014 · 13:00 · 1 min
BRD 9-Month Net Profit Down To RON20M
Banks-Insurance

BRD 9-Month Net Profit Down To RON20M

Romania’s second-largest bank BRD-Groupe Societe Generale (BRD.RO) reported a decrease of its profit for the first nine months, as the lender booked additional provisions in the third quarte...

Bogdan Neagu · 06.11.2014 · 10:53 · 1 min
INS: Romania Average Net Salary Up 0.9% In September
Macroeconomics

INS: Romania Average Net Salary Up 0.9% In September

Romanian average net salary increased 0.9% to 1,698 lei (EUR380) in September, from RON1,683 a month earlier, the statistics institute INS said Thursday.

Bogdan Neagu · 06.11.2014 · 10:05 · 1 min
OMV Petrom 3Q Net Profit Falls 20%
Energy

OMV Petrom 3Q Net Profit Falls 20%

Romania’s leading oil&gas company OMV Petrom (SNP.RO) Thursday reported a 20% decrease in third-quarter net profit, mainly due to lower sales and an increase in the property tax.

Bogdan Neagu · 06.11.2014 · 09:52 · 1 min
Capital Economics: Romania Low Inflation May Spur More Rate Cuts
Macroeconomics

Capital Economics: Romania Low Inflation May Spur More Rate Cuts

The Romanian central bank’s decision to cut its key rate to 2.75% won’t have much of an impact on overall monetary conditions, but signals the policymakers are alert to the prospects of even...

Bogdan Neagu · 04.11.2014 · 18:18 · 2 min
European Commission Sees Romania Out of Recession In 3Q
Macroeconomics

European Commission Sees Romania Out of Recession In 3Q

Romania’s gross domestic product rose 1% in the third quarter against the previous quarter, according to the European Commission’s latest forecasts, which means the economy is out of technic...

Bogdan Neagu · 04.11.2014 · 17:48 · 1 min