Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Bucharest Bourse Falls On East Worries, Financial Stocks Hardest Hit
The Bucharest bourse went down Monday morning as international markets are under the influence of the Ukraine crisis, while the financial stocks took the heaviest blow.
Tourist Arrivals In Romania Down 0.4% On Year In January
Arrivals at Romanian tourism accommodation establishments inched down 0.4% in January from the year-earlier month, while overnight staying fell 2.3% on the year, data from the statistics ins...
Romania Plans EUR200M 5-Year Eurobond March 20
Romania’s Finance Ministry plans to raise EUR200 million in a reopening of its January 2019 Eurobond at a local auction scheduled for March 20, the ministry said Friday.
Leu Gains Slightly Vs Euro, Exchange Rate At 4.4995
The Romanian leu strengthened slightly against the euro Friday, and the central bank set the reference rate at 4.4995 units, from 4.5034 units the day before.
Erste’s Net Profit Down to EUR61M in 2013
Erste Group Bank (EBS.RO) Friday reported a net profit of 61 million euro for 2013, eight times lower than EUR483.5 million in the previous year due to one-off expenses and negative tax effe...
Bucharest Stocks Rise Slightly, Erste Falls 7%
The Bucharest stock exchange was mostly in green Friday morning, but the shares of Erste Group Bank (EBS.RO) went down 7%, in line with the evolution on the Vienna market, after the announce...
BCR Returns To Profit In 2013, On Lower Costs
Romania’s largest bank BCR returned to a positive result in 2013 after a massive loss in the previous year, helped by improving operating activity and much lower risk costs.
Executives Expect Economic Activity To Pick Up In The Spring
Romanian executives estimate the activity in all economic sectors to increase in the February-April period compared with the previous three months, the statistics institute INS said in a sur...
Romania Housing Permits Down 7% On Year To 1,573 In January
Romania authorized construction of 1,573 residential buildings in January, down 7.1% from 1,694 permits issued in the same month of 2013, the country’s statistics institute INS said Friday.
INS: Romania Unemployment Rate Flat At 7.3% In January
Romania's unemployment rate was stable at 7.3% in January compared with the previous month, but up from 7.1% in the same period of 2013, seasonally adjusted data from the statistics institut...
Leu Stays Flat Vs Euro On Lack Of Interest For Trading
The Romanian leu stayed below 4.52 against the euro as no transaction was made in the first hour of Thursday session.
Bucharest Stocks Inch Higher In Quiet Trade
The Bucharest-listed shares went slightly up Thursday morning, but the traded values were extremely low.