Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Bucharest Stocks End Mixed, Traded Value Falls
The Bucharest stock exchange closed nearly unchanged Wednesday, as interest for trading was very low, with investors turning to Romgaz public offering.
BCR 9-Month Net Profit At RON559.8M Vs Loss A Year Ago
Romania’s largest bank BCR, a unit of Austria’s Erste Group Bank (EBS.RO), Wednesday reported a net profit of 559.8 million (EUR126.9 million) for the first nine months, compared with a loss...
Leu Stays In Ranges, Closes Around 4.44 Vs Euro
The Romanian leu stayed in a narrow range during the Tuesday session, and it closed near the opening levels of 4.44 per euro.
Bucharest Stocks Rise, BRD Propels Traded Values
The Bucharest stock exchange rose Tuesday, and the total traded value increased significantly, due to a deal with a 0.4% stake in BRD-Groupe Societe Generale (BRD.RO).
Romgaz 9-Month Sales Down 10% To RON2.58B
Romanian natural gas producer Romgaz Medias registered gas sales revenue of 2.58 billion lei (EUR585 million) in the first nine months, down 10% compared to RON2.86 billion in the same perio...
Romania Raises RON50M In Non-competitive Bond Auction
Romania’s Finance Ministry on Tuesday raised a planned 50 million lei (EUR11.2 million) at a supplementary non-competitive tender for its November 2018-dated bond reopened yesterday.
Leu Slides Vs Euro, Exchange Rate At 4.443 Units
The Romanian leu traded in a narrow range Tuesday morning, and the central bank set the exchange rate at 4.443 per euro, slightly weaker on the day.
Bucharest Stocks End Down, Petrom Falls 2%
The shares of oil company OMV Petrom (SNP.RO) fell almost 2% Monday, dragging the Bucharest bourse’s BET index down 0.7%, in a quiet trading session.
Leu Closes Near 4.44 Vs Euro, After Quiet Session
The Romanian leu closed at 4.44/4.441 against the euro Monday, slightly higher on the day, in a quiet market.
Romania Sells RON500M 5-Year Bonds; Average Yield Falls To 4.45%
Romania’s Finance Ministry on Monday raised a planned 500 million lei (EUR112.6 million) in the reopening of a five-year bond due November 2018, at an average yield of 4.45% a year, slightly...
Leu Rises Vs Euro, Exchange Rate At 4.4404 Units
The Romanian leu rose against the euro in the first part of Monday session, and the central bank’s exchange rate strengthened 0.3% to 4.4404 units.
Business Outlook: Executives See Growth In Industry, But Decline In Constructions In 4Q
Romanian executives estimate the activity in the construction sector will decline over the October-December period compared with the previous three months, while the manufacturing industry w...