Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Romania 3Q GDP Growth Kept At 4.1% YoY, On Sound Farming, Industry Activity
Romanian economy expanded 4.1% in the third quarter from the year-ago period, in line with previous estimations, supported by a strong farming output and solid activity in industry, the coun...
Romania Power Output Falls 6.4% On Year In First 11 Months of 2013
Romanian energy output fell 6.4% on the year to 19.57 million tons of oil equivalent in the first 11 months of 2013, on the back of a two-digit decline in the thermal sector, official data s...
Private Clinics, Set To Resume Investments This Year
The major private healthcare providers announced investment plans in new clinics this year, as well as new hires, after a very quiet 2013 expansion-wise.
Simba Invest Eyes Major League Of Romania's Distribution Market
Consumer goods distributor Simba Invest signed its first national contract last year, hoping it will propel the company to the league of major distributors in Romania.
ara Shoes Group Wins Leader Position In Romania
German-held ara Shoes group is the stakeholder in three companies in Romania specializing in shoe production, namely ara Shoes Romania, Lloyd Shoes Romania and Legero Shoes Romania.
Petrom, Romgaz Lift Bucharest Stocks Higher
The Bucharest stock exchange ended in green territory Thursday, despite subpar performance of financial stocks, as OMV Petrom (SNP.RO) and Romgaz (SNG.RO) had a strong influence on the BET i...
Romania Sells RON1B In 6-Month T-Bills; Yield Falls To At All-time Low 2%
Romania’s Finance Ministry Thursday sold 1.02 billion lei (EUR225.6 million) in six-month treasury bills, with the average yield falling to an all-time low of 2%, central bank data showed.
Romania To List Hidroelectrica and Electrica In June
Romanian state-run energy companies Hidroelectrica and Electrica will be floated in June at both the Bucharest and the London stock exchanges, Minister Delegate for Energy Constantin Nita to...
Leu Weakens Vs Euro, Exchange Rate Loses 0.7% To 4.529
The Romanian leu took a dive against the euro Thursday, after the central bank’s decisions in yesterday meeting, and the official reference rate weakened almost 0.7% to 4.529 units.
Profi Keeps Foot On Expansion Pedal
Pawel Musial, chief executive of retailer Profi, says the network will add around 60 new supermarkets this year, the same as in 2013.
November Industrial New Orders -10.2% On Month, +2.2% On Year
Romanian industrial new orders fell 10.2% on the month in November 2013, due to lower demand in most sectors, but were higher than in the same period a year before, the statistics institute...
INS: Industrial Sales Down 3.4% On Month In November 2013
Romanian industrial sales fell 3.4% in November 2013 from the previous month, but were up 2.5% compared with the year-earlier period, the country’s statistics institute INS said Thursday.