Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Weekly Export Risk Outlook, October 29
The latest edition of the Weekly Export Risk Outlook report.analyzes the outcome of elections in Ukraine and mixed news from the US and German economies.
Erste Group Reports EUR1.5B Loss For First Nine Months
Austria’s Erste Group Bank (EBS.RO) Thursday reported a net loss of almost 1.5 billion euros for the first nine months of the year, mainly due to write-downs at its Romanian and Hungarian un...
Extensive Balance Sheet Clean-Up Takes BCR's Loss To RON2.4B In Jan-Sept
Romania’s largest bank BCR Thursday reported a massive net loss for the first nine months due to a significant rise in provisioning costs on the back of an accelerated balance sheet clean-up...
Banca Transilvania 9-Month Net Profit Up 40%
Romanian lender Banca Transilvania (TLV.RO) Thursday reported a significant rise in net profit for the first nine months of the year, supported by higher operational revenue and cost control...
Romania Sells RON500M 3-Year Bonds At 3.57% Average Yield
Romania’s Finance Ministry on Tuesday raised a planned 500 million lei (EUR113 million) at a three-year bond auction, at similar yields compared with another sale earlier this month.
INS: Romania Issues More Housing Permits In September
Romanian housing permits went up 6.6% to 3,858 units in September, from 3,618 units a month earlier, the country’s statistics institute INS said Tuesday.
Romanian Executives See Growth In Manufacturing, Decline In Constructions In 4Q
Romanian managers estimate moderate growth in the manufacturing industry, but a decline in activity in the constructions sector in the fourth quarter, the statistics institute INS said in a...
Romania’s Budget Turns To Surplus After First 9 Months
Romania’s government budget turned to surplus at the end of September, as spending took a dive in the first nine months, mainly due to lower allocations for public investments.
Romania Sells Debt Worth RON1.3B At Record Low Yields
Romania’s Finance Ministry sold debt worth a planned 1.3 billion lei (EUR294 million) in short-term notes at two auctions Monday, with the yields falling to record lows amid high demand.
ExxonMobil and OMV Petrom Explore New Prospect Offshore Romania
ExxonMobil and OMV Petrom (SNP.RO) Monday said they are drilling an exploration well on a new prospect about 155 kilometers offshore in the Romanian sector of the Black Sea.
Weekly Export Risk Outlook, October 23
At the start of the last quarter of 2014, economic prospects in the euro-zone remain weak and suggest sluggish GDP growth, Euler Hermes analysts said in the latest Weekly Export Risk Outlook...
Energy Stocks Lift Bucharest Bourse Again
The Bucharest stock market closed higher Thursday, lifted as in the previous session by energy stocks, with Transgaz (TGN.RO) and Romgaz (SNG.RO) both gaining 3%.