Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Average Net Salary Went Up 2% In November To RON1,650
Romanian average net salary edged up 2.2% to 1,650 lei (around EUR360) in November, from RON1,615 a month earlier, the statistics institute INS said Monday.
INS: Romania's Industrial Production Up 10% On Year In November 2013
Romanian adjusted industrial production was flat in November last year compared with a month earlier, but 9.9% higher than in the same period of 2012, the country’s statistics institute INS...
INS: Romania Construction Works Fall In November
Romanian construction works fell 4.8% in November 2013 from a month earlier, due to declining activity in new buildings, the statistics institute INS said Monday.
Romania Inflation Falls to Post-communist Era Low Of 1.55% in 2013
Romania’s inflation fell to 1.55% in 2013, the lowest level in more than 20 years, mainly due to a bumper farming output amid still subdued demand.
Romania's Online Electro-IT&C Market Seen Growing In Double-Digits In 2014
Cel.ro, Evomag.ro and Oktal.ro, three of the largest online vendors of electro-IT&C products, count on a double-digit market growth this year, amid people’s rising confidence in online shopp...
Insolvent Romstrade Sues Romanian State Over Annulled Contracts
Romstrade, the building company controlled by businessman Nelu Iordache which entered insolvency proceedings more than a year ago, has sued Romania’s road authority CNADNR and Bucharest City...
Manda, Axxess Capital: Nextebank To Focus On Niche Segments
Nextebank will focus on niche services--namely on very small and small companies, as well as on individuals, with lending not including long-term products in the latter case--according to Ho...
New Rules To Reshuffle SIFs In 2014
SIFs will be able to buy shares between them and make important decisions more easily in the general assemblies of shareholders, announces Mircea Ursache, vice-president of the Financial Sup...
SOCAR Set To Open Its First Filling Station In Bucharest
Azeri group SOCAR, which invested EUR13 million last year in nine gas stations, is readying to open the first unit in Bucharest, while planning to attack all the big cities of Romania.
Retailers Sell Private Label Products Of EUR2.5B/Year
Private labels launched by store chains have in recent years conquered some of the most important ranges of Romanian retailers’ sales, such as vegetable oil, yogurt, soap or chocolate, where...
Bucharest Stocks Rise Slightly, Special Deals Lift Traded Values
The Bucharest-listed shares went up Friday, following the major European markets, while the bourse’s turnover was lifted by several special deals.
Bucharest Stocks Trade Up In Dull Session
The Bucharest stock market opened slightly higher Friday, but the interest for trading was reduced, with only a few shares gaining some attention.