Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Leu Trades Above 4.53 Vs Euro On Average Volumes
The Romanian leu traded slightly above 4.53 against the euro Friday morning, while the transferred volumes were similar to those in recent sessions, according to banking dealers.
Bucharest Stocks Open Slightly Down In Dull Trading
The Bucharest stock market was slightly down in early session Friday, but the interest for trading was very low, with share transfers staying below 1 million lei (EUR0.2 million) after the f...
Diverta, After Three Years In Insolvency
The Diverta network now comprises 25 bookstores with an 8,000 square-meter retail area and sales of EUR11 million, compared with 62 units, totaling a 24,000-sqm area in 2010 and EUR22 millio...
Romania, Likely To Enter New Investment Stage
Four of the parent companies of the 20 largest Romanian firms boasted share increases by as much as 53% on international markets in 2013, the best year for the Western stock exchanges after...
Long-term Deposits Go Beyond RON10B Mark
Long-term deposits have come to account for 10% in households’ total time deposits after bankers promoted these products more aggressively during crisis years.
Leu Stays Around 4.525 Vs Euro On Low Volumes
The Romanian leu lost some ground at the debut of Thursday session, trading around 4.525 against the euro, but the transferred volumes were reduced.
Bucharest Stocks Open Up, SIFs Fall
The Bucharest stock market was slightly higher in early session Thursday, but the regional investment funds (SIFs) were mostly down after yesterday’s gains.
Antibiotice Iasi Aims To Double Export Revenue In 2016-2020
Romanian state-run drug maker Antibiotice Iasi (ATB.RO) is likely to register two-digit export growth this year as it eyes new markets.
Mutual Fund Managers Hope For Another Bumper Year
Six managers made the rules on the mutual fund market in 2013, raising 3.5 billion lei (EUR775 million) from investors. In 2014, the declining interests may bring another RON4 billion in net...
Romconsulting Buys Part Of Mario Plaza Shopping Center
Romconsulting, one of the largest owner of street retail space in Bucharest and of the Grand Offices office building of Calea Floreasca, purchased the ground floor of Mario Plaza shopping ce...
Euralis: Romania Leads EU by Corn and Sunseed Output, But Lags Behind By Yield
Romania ranks second in the European Union in terms of corn production and leads by sunseed output, but the yields are among the lowest in the region because of the uncertified seeds that fa...
Romania Tablet Market Climbs Towards 1 Million Units In 2014
Around 550,000-600,000 tablets were sold in Romania in 2013, a threefold increase against the previous year and the upward trend is set to continue this year, with the market expected to rea...