Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Fondul Proprietatea Lifts Bucharest Stock Market Despite Petrom’s Decline
The shares of Fondul Proprietatea (FP.RO) rose 2.6% Thursday, lifting the main indexes of the Bucharest stock exchange, in spite of the poor performance of OMV Petrom (SNP.RO), which fell fo...
Alro Swings To Loss In Jan-Sept On Lower Aluminum Prices
Romanian Alro Slatina (ALR.RO), the largest aluminum smelter in southeast Europe, Thursday said it swung to loss after the first nine months, following a decrease in international metal pric...
Romgaz Net Profit Falls 55% To RON410.6M In First 9 Months
Romanian natural gas producer Romgaz (SNG.RO) Thursday reported a 55% decrease in its nine-month profit, mainly due to a decrease in delivered gas volumes.
Transelectrica 9-Month Net Profit Soars To RON131.6M
Romania’s state-run power grid operator Transelectrica (TEL.RO) Thursday reported a surge in the net profit for the first nine months, fueled by an increase in transport revenue and a declin...
Romania’s Economic Growth Accelerates To 4.1% In 3Q
Romania’s economic growth accelerated to 4.1% in the July-September period, from an annual increase of 1.5% in the second quarter, a flash estimate of the country’s statistics institute show...
Petrom Drags Bucharest Bourse Down; Romgaz Inches Higher
The Bucharest stock market declined in early trade Wednesday, dragged down by OMV Petrom’s (SNP.RO) shares, but Romgaz (SNG.RO) was slightly higher in its second trading session.
Transgaz 9-Month Net Profit Falls 37.3% To RON159.5M
Romanian natural gas transmission company Transgaz (TGN.RO) Wednesday reported a net profit of 159.5 million lei (EUR35.8 million) for the first nine months, down 37.3% on the year, as an in...
EXCLUSIVE: Romania’s Budget Revenue Seen At 32.9% Of GDP In 2014
Romania budget revenue will account for only 32.9% of the gross domestic product in 2014, similar to this year’s level, while budget expenditure is seen down to 35.1% of the GDP.
Ponta: Romania Considers Dual Listing For Hidroelectrica, Electrica After Success Of Romgaz IPO
Romani could list energy companies Hidroelectrica and Electrica both in Bucharest and London next year, following a similar public offering for Romgaz’s shares, Prime Minister Victor Ponta s...
Romgaz Opens Up 20% In Bucharest, Eases Gains Later
The shares of Romgaz (SNR.RO) opened up almost 20% in the first day of trading in Bucharest, after last month’s initial public offering.
Bucharest Stocks Inch Lower In Early Trade, On Low Interest
The Bucharest stock exchange opened up Monday, but soon turned negative, while the interest for trading was very low.
Romania Inflation Stable In October Despite Rising Food, Service Prices
Romania’s annual inflation rate held steady at 1.88% in October, despite rising prices for food and services, official data showed Monday.