Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Transgaz 2013 Net Profit Inches Up 2% To RON337M
Romanian natural gas pipeline operator Transgaz (TGN.RO) Monday reported a net profit of 336.9 million lei (EUR75 million), 2% higher on the year, as the increasing operational profit offset...
Zentiva Romania Net Profit Up 33% to RON43M in 2013
Drugmaker Zentiva Romania (SCD.RO) on Monday reported a net profit of 42.9 million lei (EUR9.7 million), up 33.4% on the year, following higher sales.
Star Taxi App Handled 2.5 Million Taxi Rides In 2013
Star Taxi, one of the most used smartphone and tablet applications launched by a domestic company, through which users can call a taxi in several cities of Romania and in the capital city of...
East Wants Bigger Share Of Romania’s Fuel Market
State-owned oil companies of Kazakhstan, Azerbaijan and Russia came to control half of network-affiliated gas stations on the Romanian market.
Alka Sees Double Sales In 5 Years On The Back Of Higher Exports
Alka Group, a major player on the Romanian sweets and coffee market, plans to double its turnover over the next five years and increase exports, which now account for just 10% of the sales.
Victoriei Square Becomes A New Restaurant And Coffee Shop Hub
In recent years, Victoriei Square (Piata Victoriei) in Bucharest has started to shape up as a restaurant and coffee shop hub after international chains including McDonald’s and Subway, as we...
Romania Exports Cold Cuts Worth of EUR100M Annually
Romania’s cold cut exports have registered a nine-fold increase in the past decade, shows a ZF survey based on data provided by the country’s statistics institute INS and European Union’s st...
Biofarm's Net Profit Up 22% in 2013, To RON25.6 Million
Romanian pharmaceutical producer Biofarm (BIO.RO) Friday reported a preliminary net profit of 25.61 million lei (EUR5.8 million) for 2013, up 21.7% on the year, fueled by rising sales.
Leu Loses Early Gains Vs Euro; Decouples From Regional Trend
The Romanian leu lost in late trade the gains made in early session Friday, although the other currencies in the region traded higher against the euro.
InterstarChim: Price Battle Set To Continue On Cleaning Products Market
InterstarChim, the maker of cleaning products such as Rivex or Bio Carpet, saw its turnover rise by 6% last year to almost 105 million lei (EUR23 million), below initial expectations.
Trading On Bucharest Bourse, Most Expensive In The Region
Romania’s bourse has some of the highest trading fees in the region because of the high levies applied by the Financial Supervision Authority (ASF) and the Bucharest Stock Exchange (BVB).
Bancpost Funds City Mall Transformation Into Offices
Bancpost is set to fund, by around EUR17 million, the transformation of City Mall shopping center into an office building, according to the report by Globalworth investment fund controlled b...