Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Romgaz Net Profit Down 17% in 2013 To RON931 Mln
Romania’s state-run natural gas producer Romgaz (SNG.RO) Thursday reported a 16.8% drop in its 2013 net profit, hit by higher depreciation costs and a special income tax introduced by the lo...
Leu Falls Vs Euro On Low Volumes
The Romanian leu traded down versus the euro Tuesday morning, in line with the other currencies in the region, but on very low volumes.
Romania Private Lending Extends Decline In January
The lending activity in Romania remained on a downward slope in January, as demand for loans remains subdued, despite interest rate reductions in recent months.
Bucharest Stocks Flat In Early Trade, Proprietatea Rises
The Bucharest stock market was stable in early session Tuesday, on a slightly revived interest for trading, with investors focusing on the shares of Fondul Proprietatea (FP.RO), which were u...
Bucharest Stocks Inch Higher, SIF Banat-Crisana Sinks
The Bucharest stock market rose slightly in the first minutes of Monday session, but the interest for trading was extremely reduced.
Gothaer Buys Out Managers of Romanian Unit
German financial group Gothaer will take over the shares it doesn’t own in its Romanian unit from the founders of the company, for an undisclosed amount.
Bucharest Stocks Gain 1% On Low Traded Values
The Bucharest stock market ended the week on a positive note, gaining around 1% in a relatively quiet trade Friday.
Bucharest Stocks End Mixed, Petrom Falls 1.5%
The Bucharest stock exchange closed with minor variations Wednesday, while OMV Petrom (SNP.RO) fell 1.5% despite announcing a record high net profit.
Weekly Export Risk Outlook
Estimates of the fourth-quarter gross domestic product in the Central and Eastern Europe indicate a stronger economic momentum for the group of 11 EU member states in the region, Euler Herme...
Transelectrica 2013 Net Profit Soars To RON162.3 Million
Romanian state-owned power grid operator Transelectrica (TEL.RO) Monday said its net profit rose to 162.3 million lei (EUR36.2 million) in 2013, from RON36.5 million in the previous year.
Alro Swings To Net Loss of RON78M in 2013
Romanian aluminum company Alro Slatina (ALR.RO) turned to a negative result in 2013, following a decrease in international metal prices and higher eco-taxes, the company said in a statement...
Rompetrol Rafinare’s Net Loss Narrows to $99M In 2013
Romanian oil company Rompetrol Rafinare (RRC.RO) reported a net loss of $99 million for 2013, compared with $163 million a year before, following an increase in the gross turnover.