Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
World Bank Sees Romania GDP Growth At 2.5% In 2014
The World Bank estimates the Romanian economy will grow by 2.5% in 2014, after a similar increase last year, according to the institution’s latest Global Economic Prospects report, released...
Bucharest Stocks Open Up, On Low Traded Values
The Bucharest-listed shares traded higher in early session Wednesday, helped by the financial sector, but the bourse’s turnover was reduced.
Leu Rises Vs Euro On Higher Volumes
The Romanian leu rose against the euro in early trade Wednesday, as the volumes were increasing, dealers said.
Turkey’s Bozlu Group Opens Its First Oncology Center In Bucharest
MNT Healthcare Europe, a company part of Turkey’s healthcare group Bozlu, expects revenue of EUR3 million from the first Neolife center that it partially opened in Bucharest on Monday in the...
Trust Motors Gets A 20% Boost From Adding Citroen Imports
Trust Motors, the long-time importer of Peugeot cars in Romania, saw its revenue rise by EUR10 million last year to over EUR60 million after it took over Citroen imports as well starting Jan...
Bucharest Shares Trade Down, SIFs Lose Steam
The Bucharest stock market went down in early session Tuesday, and the regional investment funds (SIFs) erased part of yesterday’s gains on reduced traded values.
Leu Trades Slightly Above 4.52 Vs Euro In Quiet Session
The Romanian leu traded around 4.52 against the euro in early session Tuesday, in a quiet market with low transferred volumes, dealers said.
edy Spedition Bets On External Shipments In 2014
Road transport company edy Spedition, whose fleet reached almost 1,000 trucks in the years before 2012, is set to rely on shipments abroad this year as cost pressures are mounting on the dom...
Petrom And Romgaz Paid EUR113M In Royalties In 1H 2013
Petrom and Romgaz, the largest hydrocarbon producers in Romania, paid royalties of some 500 million lei (EUR115 million) to the state budget in the first six months of 2013, according to dat...
ASF Imposed Fines Of RON5M In 2013
Romania’s Financial Supervision Authority (ASF) imposed 129 fines totally worth 4.89 million lei (slightly above EUR1 million) on capital market entities (investors, brokers, issuers) from A...
Crisis Wipes Out EUR80B From Romania’s Largest Market
The volume of foreign currency transactions on the Romanian market slid by 7% last year, to EUR388 billion, amid reduced foreign investments and weak appetite for leu-denominated assets.
SIFs Rise On Bucharest Bourse, Following News On Potential Regulation Changes
The shares of the five Romanian regional investment funds (SIFs) rose in the first hours of Monday trading in Bucharest, following statements of a senior official that the funds might be all...