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Neagu Bogdan Mircea

Fields
Macroeconomics, Capital Market, Banks-Insurance
Writing for ZF since
2011
Articles
284
Romgaz Prepares To Join The Billion Euro Club
Energy

Romgaz Prepares To Join The Billion Euro Club

Romania’s largest natural gas producer Romgaz might see revenue reach EUR1 billion this year if it keeps the same growth pace as in the first half. The company is also getting ready to expan...

Neagu Bogdan Mircea · 09.11.2012 · 00:00 · 2 min
Cora’s Mall In Constanta 70% Complete, Set To Open In 2013
Retail&Consumer

Cora’s Mall In Constanta 70% Complete, Set To Open In 2013

Retailer Cora Romania, which has a nine-hypermarket network, will open its first mall on the local market in Constanta (southeastern Romania) next June, following a EUR70 million investment.

Neagu Bogdan Mircea · 08.11.2012 · 23:53 · 1 min
Petrom’s Market Value Falls By EUR185M After 3Q Profit Decline
Capital Market

Petrom’s Market Value Falls By EUR185M After 3Q Profit Decline

The 27% decline of OMV Petrom’s (SNP.RO) third-quarter net profit led to a 3.6% decrease in the past two days of its stock on the Bucharest exchange, erasing EUR185 million from the market v...

Neagu Bogdan Mircea · 08.11.2012 · 23:45 · 3 min
Romania Has To Choose: Investments Of EUR1B Per Year Or Energy Imports In The Future
Energy

Romania Has To Choose: Investments Of EUR1B Per Year Or Energy Imports In The Future

The Romanian energy sector has been at a crossroads for a long time and in order for it to get out of this gridlock investors unanimously ask for a good strategy and real competition, otherw...

Neagu Bogdan Mircea · 08.11.2012 · 00:00 · 2 min
RCS&RDS Stands Up To Major Cell Phone Operators
Technology &Telecoms

RCS&RDS Stands Up To Major Cell Phone Operators

Orange, Vodafone and Cosmote, the largest cell phone operators in Romania, are asking the government to preserve unjustified revenue when asking for as slow a reduction of interconnection ch...

Neagu Bogdan Mircea · 08.11.2012 · 00:00 · 3 min
Romania Central Bank Lifts 2012 Inflation Forecast To 5.1%
Macroeconomics

Romania Central Bank Lifts 2012 Inflation Forecast To 5.1%

The Romanian central bank has revised upwards the forecast on the annual inflation rate from 3.2% to 5.1% in 2012, which is more than a percentage point higher than the upper limit of its ta...

Neagu Bogdan Mircea · 07.11.2012 · 11:45 · 1 min
OMV Petrom 3Q Net Profit Down 27% On Year To RON864M
Energy

OMV Petrom 3Q Net Profit Down 27% On Year To RON864M

Romania’s leading oil and gas producer OMV Petrom (SNP.RO) Wednesday reported a net profit of 864.5 million lei (EUR191.2 million), down 27% on the year, due to a lower financial result.

Neagu Bogdan Mircea · 07.11.2012 · 09:28 · 1 min
INS: Average Net Wage Slightly Up To RON1,538 In September
Macroeconomics

INS: Average Net Wage Slightly Up To RON1,538 In September

Romanian average net salary inched up 0.3% to 1,538 lei (EUR340) in September, from RON1,534 a month earlier, the statistics institute INS said Tuesday.

Neagu Bogdan Mircea · 06.11.2012 · 10:00 · 1 min
INS: Romania Adjusted Retail Sales Down 0.4% On Month In September
Macroeconomics

INS: Romania Adjusted Retail Sales Down 0.4% On Month In September

Romanian adjusted retail sales fell 0.4% in September from the earlier month, on lower sales of fuels and food items, the statistics institute INS said Monday.

Neagu Bogdan Mircea · 05.11.2012 · 10:31 · 1 min
Macroeconomics

BNR Sees Inflation Outside Target Range Until 2H '13

Romania's central bank expects the annual inflation rate will stay outside the target range until the second half of 2013, governor Mugur Isarescu told a news conference Friday.

Neagu Bogdan Mircea · 02.11.2012 · 15:36 · 1 min
Romania Central Bank Holds Key Rate At 5.25%
Banks-Insurance

Romania Central Bank Holds Key Rate At 5.25%

Romania’s central bank kept its key rate unchanged at 5.25% for the fifth consecutive time Friday, in line with expectations, after inflation accelerated to its fastest pace in more than two...

Neagu Bogdan Mircea · 02.11.2012 · 15:17 · 1 min
Companies · ZF LIVE

Gica Popescu Has Huge Appetite For New Projects, But Financing Is Hard To Get

Former major football player Gica Popescu says he had a lot to gain in business from his sports-related fame, as well as from the diligence he transferred from football into his relationship...

Neagu Bogdan Mircea · 02.11.2012 · 14:47 · 2 min