Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Banca Carpatica Swings To Loss In 1H, On One-off Items
Romanian lender Banca Comerciala Carpatica (BCC.RO) Friday said it switched to a loss in the first year-half, mainly due to one-off items, while the operational performance was roughly uncha...
INS: Romania’s Construction Output Declines 9.4% in 1H
Romanian construction output declined in the first half as the sector is still unable to exit recession, due to lack of financing and investors’ reluctance to start new projects.
Romania Industry Sales Rise 10.8% In First Six Months
Romanian industrial sales rose 10.8% in the first six months compared with the same period of 2013, boosted by higher demand in all sectors, the country’s statistics institute INS said Thurs...
INS: Romania Industrial New Orders Up 6.6% In 1H
Romanian industrial new orders rose 6.6% on the year in the first six months, supported by growth in all sectors, data from the country’s statistics institute INS said Thursday.
Romania Average Net Wage Inches Higher In June
Romanian average net salary inched up 0.3% to 1,687 lei (EUR380) in June, from RON1,682 a month earlier, the statistics institute INS said Wednesday.
Bucharest Stocks Close Slightly Up; Traded Values Stay Low
The Bucharest stock exchange closed slightly up Monday, fueled by evolutions of Romgaz (SNG.RO) and Banca Transilvania (TLV.RO), but the traded values were reduced.
INS: Retail Sales Rose 8% In First Half
Romanian adjusted retail sales rose 8.2% in the first six months compared with the same period of 2013, on higher sales in all sectors, the statistics institute INS said Monday.
INS: Producer Prices Down 0.3% On Month, But Rise 0.3% On Year
Romania’s industrial producer price index inched down 0.3% on average in June compared with a month earlier, on lower prices in most sectors, the country’s statistics institute INS said Mond...
Banca Transilvania 1H Net Profit Up 17.7% To RON212M
Romanian lender Banca Transilvania (TLV.RO) Monday reported a first-half net profit of 212 million lei (EUR48 million), up 17.7% on the year, fueled by a rise of the net interest margin.
Erste Group Bank Swings To EUR930M Net Loss In 1H
Austria’s Erste Group Bank (EBS.RO) Thursday reported a record loss for the first year-half, mainly due to higher provisions in Hungary and Romania and a low-interest environment in the mark...
INS: Romania Unemployment Rate Down To 7.1% In June
Romania's unemployment rate went down to 7.1% in June, from 7.3% in the previous month, seasonally adjusted data from the statistics institute INS showed Thursday.
BCR Sells RON1B NPL Package
Romania’s largest lender Banca Comerciala Romana, or BCR, sold non-performing loans of 1 billion lei (EUR225 million) in July to a consortium of foreign investors and available funding lines...