Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
INS: Romania's Trade Deficit Narrows To EUR4.2B In First 9 Months
Romania’s trade deficit shrank 42.4% to EUR4.16 billion in the first nine months of 2013, as imports declined while exports increased, official data showed Monday.
Bucharest Stocks Close Down, Fondul Proprietatea Again Lifts Traded Value
The Bucharest stock market closed down Friday, on reduced interest, but the traded values were pushed by special deals with Fondul Proprietatea (FP.RO) shares.
OMV Petrom 3Q Net Profit Up 47% To RON1.3B
Romania’s leading oil and gas company OMV Petrom (SNP.RO) Thursday reported a 47% increase in its third-quarter net profit to 1.27 billion lei (EUR286.7 million), helped by higher oil prices...
Romania Retail Sales Fall Slightly In September
Romanian adjusted retail sales inched down 0.1% on the month in September, due to lower sales of food, drink and tobacco products, the country’s statistics institute INS said Monday.
INS: Romania Industry Producer Prices Up 0.2% On Month In September
Romania’s industrial producer price index inched 0.2% higher in September, helped by increases in most sectors, after a 0.2% decline a month earlier, the country’s statistics institute INS s...
Romania To Sell More Shares Than Initially Planned In Hidroelectrica IPO
Romania now plans to sell a 15% stake in hydropower producer Hidroelectrica, versus 10% in the previous arrangement, in a public offering scheduled for July 2014, a senior official said Frid...
Romania Gets RON1.7B From Selling 15% In Romgaz
Romania sold a 15% stake in natural gas producer Romgaz for 1.7 billion lei (EUR382.8 million, $534 million) in the largest Romanian public offering ever to be completed and the first privat...
Tourist Arrivals In Romania Up 2.7% On Year In September
Arrivals at Romanian tourism accommodation establishments rose 2.7% in September from the year-earlier month, while overnight staying increased 2.8% on the year, data from the statistics ins...
Nuclearelectrica Restarts Reactor After Shutdown Sunday
Romanian state-run nuclear power producer Nuclearelectrica late Wednesday restarted the first reactor at its power plant in Cernavoda, which was stopped due to a command and control system m...
INS: Romania Unemployment Rate Flat At 7.5% In September
Romania's unemployment rate was stable at 7.5% in September compared with the previous month, but up from 6.9% in September 2012, seasonally adjusted data from the statistics institute INS s...
Banca Transilvania 9-Month Net Profit Down 9% To RON240M
Romanian lender Banca Transilvania (TLV.RO) reported a net profit of 240.2 million lei (EUR54.4 million) for the first nine months, down 9.5% on the year, the bank said in a statement Thursd...
Leu Ends Slightly Higher Vs Euro, In Line With Regional Trend
The Romanian leu traded below 4.43 versus the euro by closing time Wednesday, in line with the upward trend of the other currencies in the region.