Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
INS: Romania Unemployment Rate Flat At 7.3% In November 2013
Romania's unemployment rate was stable at 7.3% in November compared with the previous month, but up from 6.7% in the same period of 2012, seasonally adjusted data from the statistics institu...
Romania Retail Sales Inch Lower In November
Romanian adjusted retail sales edged down 0.2% in November 2013 from the earlier month, due to lower sales of fuels and food products, the statistics institute INS said Wednesday.
Highway Plan For 2014: Works Start For 400 Km, Just 60 Km Set For Delivery
The Romanian company in charge of roads and highways (CNADNR) plans to start in 2014 the building works for almost 400 km of new highways, with costs estimated at some EUR5.8 billion, accord...
eMag Sees Online Electro-IT Market Up 20% In 2014
Romania’s economy will most likely stagnate this year, but the online electro-IT market is poised for a significant growth, of more than 20%, according to Iulian Stanciu, general manager of...
Pamimai Drops Tobacco Distribution After Start Of Insolvency Procedings
Pamimai Distribution, a distribution company with revenue of 327 million lei (EUR74.3 million) in 2012, entered insolvency at its own request in 2013 after piling up debts of EUR7 million.
Bucharest Stocks End Up, On Improved Traded Values
The Bucharest stock exchange returned in green territory Tuesday, after yesterday's minor losses, while the traded values received a boost from transfers with the shares of Erste Group Bank...
Largest Greenfield Investments Completed Last Year In Romania
A new hydropower station, an oilfield-equipment manufacturing plant and a research and development center for the automotive industry are the three largest greenfield investments concluded i...
Romania Raises RON70M In Non-competitive Bond Auction
Romania’s Finance Ministry on Tuesday raised a planned 70 million lei (EUR15.5 million) at a supplementary non-competitive tender for its August 2016-dated bond reopened yesterday.
Leu Continues Decline, Exchange Rate At 4.501 Vs Euro
The Romanian leu traded around 4.5 against the euro in the first half of Tuesday session, and the central bank’s reference rate weakened for the fifth day in a row to 4.5010 units, a fresh s...
Bucharest Office Market In 2014: South Is The New Trend
The three largest office projects to be delivered this year in Bucharest are built in the southern half of the city, which developers have shunned so far in favor of the central and northern...
Bucharest Stocks Up Slightly, Interest Remains Low
The Bucharest stock exchange inched higher Tuesday morning, but the interest for trading remained reduced.
Ponta: Budget Deficit at 2.5% Of GDP, Economic Growth Higher Than Estimated In 2013
Romania posted a budget deficit of 2.5% of the gross domestic product in 2013, while the economic growth was slightly higher than estimated, Prime Minister Victor Ponta said Monday evening.