ZF newsroom
Neagu Bogdan Mircea
- Fields
- Macroeconomics, Capital Market, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 284
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...
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.
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...
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...
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...
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...
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.
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.
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.
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.
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...
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...