Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Romania Executives Expect Growth In Retail and Services
Romanian managers forecast activity in the retail and services sectors will grow in the August-October period compared with the previous three months, the statistics institute INS said in a...
Bucharest Stocks Stable; Special Deals Lift Traded Value
The Bucharest-listed stocks were largely stable for the third day in a row Wednesday, while the traded values were pushed by some special deals.
Leu Rises Vs Euro, As Traded Volumes Surge
The Romanian leu rose slightly against the euro Wednesday, supported by large euro sale orders placed by non-residents, which lifted the traded volumes well above the average daily values.
Romania Plans To Sell RON3B Treasuries In September
Romania’s Finance Ministry plans to sell state treasuries worth 3.07 billion lei (EUR697 million) in September, up from RON1.5 billion raised a month earlier, the ministry said Wednesday.
Nuclearelectrica Starts Investor Selection For 2 Reactors At Cernavoda Plant
Romanian nuclear power producer Nuclearelectrica (SNN.RO) Wednesday started procedures to select investors for a project to build two new reactors at the company’s plant in Cernavoda.
Bucharest Stocks End Flat For Second Day In A Row
The Bucharest stock exchange was unmoved by the enthusiasm wave on foreign markets, where US indexes tested new highs.
Leu Ends Down Vs Euro On Large Volumes
The Romanian leu lost ground against the euro Tuesday, on large buy orders for hard currency in the second half of the interbank trading session.
New Suitors For Banca Carpatica
JC Flowers, a private equity firm founded by a former partner and executive at Goldman Sachs, is in competition with AnaCap and Axxess Capital for a stake in Romanian lender Banca Carpatica...
Romania Raises RON30M In Non-competitive Bond Sale
Romania’s Finance Ministry on Tuesday raised a planned 30 million lei (EUR6.8 million) at a supplementary non-competitive tender for its February 2025-dated bond reopened yesterday.
Romania’s Budget Deficit Down To 0.2% Of GDP In July
Romania’s government deficit narrowed to 0.2% of the gross domestic product after the first seven months, from 0.5% of GDP at the end of June, as budget spending went down.
BNR: Romania Private Lending Falls 0.7% In July
Romanian private lending went down 0.7% on the month in real terms in July, after a 0.4% fall in June, as a small increase in leu loans could not offset the persistent decline in foreign cur...
Bucharest Stocks End Flat, Not Linked To International Upward Trend
The Bucharest stocks were barely moved Monday, while foreign markets tested new highs, but the traded values were higher than the average in the past seven weeks.