Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
A New Lender Ready To Set Off. Umbrarescu’s Bank Has Its Management Set
Banca Romana de Credite si Investitii (BRCI), the second Romanian majority held bank emerging on the local market in the past years after Banca Feroviara, has set up its supervisory board, h...
Nuclearelectrica Joins Tarnita Hydropower Station Project
Nuclearelectrica (SNN.RO), the owner of the Cernavoda nuclear power plant that covers 20% of Romania’s energy production, plans to contribute 8.9 million lei (around EUR2 million) to partici...
Romania’s Trade Deficit Narrows To EUR5.7B In 2013; Exports Up 10%
Romania’s trade deficit significantly narrowed in 2013, to EUR5.7 billion versus EUR9.6 billion in the previous year, mainly due to the export recovery.
Fitch Affirms City Of Bucharest At 'BBB-'; With Stable Outlook
Fitch Ratings on Friday affirmed the main ratings of Romania's capital city Bucharest at 'BBB-', with a stable outlook, reflecting a sound budgetary performance but also a large refinancing...
Romania's 2013 Budget Deficit Stays Within IMF Target Of 2.5% Of GDP
Romania’s government managed to keep the fiscal deficit below the target agreed with the International Monetary Fund in 2013, as the budget gap stood 15.77 billion lei (EUR3.5 billion), or 2...
Bucharest Stocks Inch Higher, SIFs Recoup Losses
The Bucharest stock market closed slightly up Tuesday, while the five regional investment funds (SIFs) recouped part of the losses registered in the previous sessions.
Bucharest Stocks Inch Higher In Dull Trading
The Bucharest stock market rose slightly in the first minutes of Tuesday session, but the traded values were extremely reduced.
Romania Housing Permits Down 0.2% To 37,776 In 2013
Romania authorized construction of 37,776 residential buildings in 2013, very slightly fewer than in the previous year, the country’s statistics institute INS said Tuesday.
Business Outlook: Executives See Decline In Most Economic Sectors In 1Q
Romanian executives estimate the activity in retail, services and the construction sectors will decline in the first quarter of 2014 compared with the previous three months, the statistics i...
Romania Private Lending Falls 4.7% To RON218.5B In 2013, BNR Data Shows
Romanian private lending fell 4.7% in real terms to 218.46 billion lei (EUR48.2 billion) at the end of December 2013, from RON225.9 billion in the previous year, central bank data showed Mon...
Vodafone Ships Romanian Unit CEO To Australia
Vodafone Group Friday announced the appointment of Inaki Berroeta, the chief of its Romanian unit, as chief executive officer of Vodafone Hutchison Australia, starting with March 1.
Leu Stays Above 4.53 Vs Euro, On Low Volumes
The Romanian leu traded in a narrow range above 4.53 against the euro in early session Thursday, in a quiet market with low transferred volumes, dealers said.