Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Leu Ends Stronger Vs Euro On Large Corporate Demand
The Romanian leu went higher against the euro in Monday interbank trading, on increased corporate demand for local currency, dealers said.
Romania Sells RON200M 10-Year Bonds At 4.28% Average Yield
Romania’s finance ministry Monday raised a planned 200 million lei (EUR45.5 million) in a reopening of its February-2025 bond at an average yield of 4.28%, slightly higher than at the previo...
Romania Sells RON300M Bonds At 2.6% Average Yield
Romania’s finance ministry Thursday raised a planned 300 million lei (EUR68 million) in a reopening of its three-year bond due August 2016 at an average yield of 2.61%, higher than at the pr...
Romania’s Economy In Recession After 1% Decline In Second Quarter
The Romanian economy is in recession after a second consecutive quarter of decline, a flash estimate from the country's statistics institute INS showed Thursday.
Alro Swings To Loss In First Half
Romanian aluminum smelter Alro (ALR.RO) posted a first-half net loss of 128.7 million lei (EUR28.8 million), compared with a net profit of RON132.2 million in the year-ago period, the compan...
Nuclearelectrica Net Profit Falls 69% In First Half
Romanian state-run nuclear power producer Nuclearelectrica (SNN.RO) Thursday reported a 69% drop in its first-half net profit, mainly due to lower electricity prices and higher tax costs.
Rompetrol Well Services 1H Net Profit Falls To RON7M
Rompetrol Well Services (PTR.RO), the Romanian services division of oil group KMG International, Wednesday reported a net profit of 7.17 milion lei (EUR1.6 million) for the first six months,...
CEZ Romania's 1H EBITDA Falls After Green Energy Aid Cut
Czech energy group CEZ Tuesday reported lower earnings before interest, tax, depreciation and amortization (EBITDA) in Romania for the first half, due to the authorities’ decision to postpon...
ADM Farm Appoints Adrian Samson As General Manager
Romanian pharmaceutical wholesaler ADM Farm appointed Adrian Samson as general manager starting August, the company said in a news release Tuesday.
Leu Ends Up Vs Euro, Unlike Trend In The Region
The Romanian leu closed stronger versus the euro Tuesday, ignoring the negative trend of the other currencies in the region in the second half of today's session.
Romgaz Net Profit Rises 40% In First Half To RON870.9M
Romanian state-run natural gas producer Romgaz (SNG.RO) Monday reported a 40% higher net profit for the first six months, mainly due to rising revenue from sale of gas from domestic producti...
Bucharest Stocks Close Up On Reduced Traded Values
The Bucharest stock exchange closed mildly higher Monday, but the traded values were low.