Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Bucharest Stocks Fall Amid Global Worries
The Bucharest stock exchange fell Tuesday, extending previous session’s losses, as foreign markets were hit by worries of a conflict escalation in Syria.
Bank Stocks Drive Bucharest Bourse Lower After Quiet Session
The Bucharest stock market ended in negative territory Monday, with both Banca Transilvania (TLV.RO) and BRD-Groupe Societe Generale (BRD.RO) falling almost 1%, some of the largest losses am...
Bucharest Stocks Fall In Early Trade, Fondul Proprietatea Hits New High
Fondul Proprietatea (FP.RO) hit a new all-time high Friday morning in Bucharest, but the Romanian capital market sloped downwards as uncertainty persist on foreign exchanges.
Leu Falls Slightly Vs Euro On Low Volumes
The Romanian leu traded around 4.45 against the euro in early session Friday, in a quiet market with low transferred volumes.
Transelectrica 1H Net Profit Soars To RON102.7M
Romanian power grid operator Transelectrica (TEL.RO) Wednesday reported a net profit of 102.7 million lei (EUR23.2 million) for the first six months, five times higher than in the year-earli...
Fiscal Council: Budget Revision Based On Overestimated Revenue
The Romanian Government’s recent announced budget revision breaks several fiscal-budgetary rules and is based on unrealistic expectations, especially overestimated revenue from the income ta...
Oltchim's 1H Net Loss Narrows To RON147.4M
Romanian chemical company Oltchim Ramnicu Valcea (OLT.RO) Tuesday reported a net loss of 147.4 million lei (EUR33.3 million) in the first half, compared with RON182.2 million in the same per...
OMV Petrom 2Q Net Profit Soars 65% To RON1.1B
Romania's largest oil company OMV Petrom (SNP.RO) Tuesday said its net profit rose 65% on the year to 1.06 billion lei (EUR248.9 million) in the second quarter.
Rompetrol Rafinare 1H Net Loss Narrows To $78.4M
Rompetrol Rafinare (RRC.RO), the refining arm of Romania’s second-largest oil group Rompetrol, Monday reported a net loss of $78.4 million for the first year-half, narrower than $131.8 milli...
Analysts See No Major Changes For Leu Trading After Rate Cut
The Romanian leu could trade at around 4.43 per euro in December, not much changed from 4.42 per euro in today’s session, according to a survey released Monday by the association of financia...
Bucharest Bourse's Growth Path Comes To An End; Fondul Proprietatea Off Highs
The Bucharest market's advance came to an end Friday, after six consecutive sessions of growth, and Fondul Proprietatea (FP.RO) moved away from the all-time highs reached yesterday.
Fondul Proprietatea Reaches All-Time High, Lifting Bucharest Bourse For Fifth Consecutive Day
Bucharest investors avidly traded Fondul Proprietatea (FP.RO) Wednesday, and the shares of the Romanian investment fund touched an all-time high at 0.681 lei (EUR0.15) during today’s session...