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Senior Editor

Bogdan Neagu

Fields
Capital Market, Macroeconomics, Banks-Insurance
Writing for ZF since
2011
Articles
1.841
Romgaz Invests In Gas Storage, Dehydration Units
Energy

Romgaz Invests In Gas Storage, Dehydration Units

Romania’s state-owned natural gas producer Romgaz Medias hasn’t discovered any new deposits, but it is investing in storage units and dehydration facilities, an Economy Ministry official sai...

Bogdan Neagu · 19.09.2013 · 15:06 · 1 min
Romgaz's Priority: Stopping Production Decline
Energy

Romgaz's Priority: Stopping Production Decline

The main target of Romania’s state-run natural gas producer Romgaz is stopping the production decline, an Energy Ministry official said Thursday.

Bogdan Neagu · 19.09.2013 · 12:00 · 1 min
Leu Rises Vs Euro In Early Trade, In Line With Region
Capital Market

Leu Rises Vs Euro In Early Trade, In Line With Region

The Romanian leu rose against the euro Thursday morning, in line with the other currencies in the region, following positive news from the U.S. markets.

Bogdan Neagu · 19.09.2013 · 11:23 · 1 min
Bucharest Bourse Ends Flat, BET-FI Rises 0.4%
Capital Market

Bucharest Bourse Ends Flat, BET-FI Rises 0.4%

The Bucharest stocks exchange closed almost unchanged Wednesday, with the investment funds gaining slightly in a quiet session.

Bogdan Neagu · 18.09.2013 · 17:55 · 1 min
Bucharest Stocks Close Slightly Down, After Lackluster Trade
Capital Market

Bucharest Stocks Close Slightly Down, After Lackluster Trade

The Bucharest bourse inched lower Tuesday, as investors’ interest faltered, with only financial stocks gaining some attention.

Bogdan Neagu · 17.09.2013 · 17:25 · 1 min
RBS Romania Completes Migration Of Retail Clients To UniCredit Tiriac Bank
Banks-Insurance

RBS Romania Completes Migration Of Retail Clients To UniCredit Tiriac Bank

Financial group UniCredit Tuesday announced it completed the transfer of the retail and Royal Preferred banking business of RBS Romania to its UniCredit Tiriac Bank and UniCredit Consumer Fi...

Bogdan Neagu · 17.09.2013 · 11:07 · 1 min
Leu Trades Around 4.46 Vs Euro In Early Session
Capital Market

Leu Trades Around 4.46 Vs Euro In Early Session

The Romanian leu opened slightly below 4.46 against the euro Tuesday and traded around the opening levels in the first hour of the session, on low volumes, dealers said.

Bogdan Neagu · 17.09.2013 · 10:43 · 1 min
BNR Will Cut Key Rate Only If Inflation Enters Target Band
Banks-Insurance

BNR Will Cut Key Rate Only If Inflation Enters Target Band

Romania’s central bank pledged it would not further reduce the monetary policy rate if inflation stays above the targeted level, according to the final version of the country’s letter of int...

Bogdan Neagu · 16.09.2013 · 18:16 · 1 min
Bucharest Stocks End Slightly Down, SIF Deal Lifts Traded Value
Capital Market

Bucharest Stocks End Slightly Down, SIF Deal Lifts Traded Value

The Bucharest stock market ended in red territory Monday, with few shares posting large moves in a relatively quiet session, where the total traded value was lifted by deals with 6.3% in SIF...

Bogdan Neagu · 16.09.2013 · 17:44 · 1 min
Leu Ends Stronger Vs Euro, After Calm Session
Capital Market

Leu Ends Stronger Vs Euro, After Calm Session

The Romanian leu strengthened in late session Friday, trading around 4.47 units in a market with average transferred volumes, dealers said.

Bogdan Neagu · 13.09.2013 · 16:48 · 1 min
Leu Gains Slightly Vs Euro, Exchange Rate At 4.4771
Capital Market

Leu Gains Slightly Vs Euro, Exchange Rate At 4.4771

The Romanian leu gained slightly against the euro by midday Friday, and the central bank’s reference rate strengthened to 4.4771 units, off a 11-week low touched the day before.

Bogdan Neagu · 13.09.2013 · 13:24 · 1 min
Romania Raises EUR1.5B In 7-Year Eurobond
Banks-Insurance

Romania Raises EUR1.5B In 7-Year Eurobond

Romania raised EUR1.5 billion in a seven-year euro-denominated bond, at 295 points over the reference midswap rate, banking sources told MEDIAFAX Thursday.

Bogdan Neagu · 12.09.2013 · 15:48 · 1 min