ZF newsroom
Neagu Bogdan Mircea
- Fields
- Macroeconomics, Capital Market, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 284
Romania 2Q GDP +0.5% On Quarter, +1.2% On Year
Romania’s gross domestic product expanded 0.5% in the second quarter, after a decline of 0.2% in the previous three months, a flash estimate of the country’s statistics institute showed Tues...
Banca Transilvania 1H Net Profit Rises 47% To RON179.6M
Romanian lender Banca Transilvania (TLV.RO) Wednesday said its net profit rose 47% on the year to 179.6 million lei (EUR40.9 million) in the first half, fueled by a 12% increase in operating...
Leu Falls To Record Low Of 4.4715 Vs Euro On Political Tensions
Romania’s leu weakened against the euro by midday Wednesday and the central bank’s reference hit an all-time low of 4.4715 units, amid growing tensions after the ruling coalition announced i...
Petrom, Dacia And Rompetrol Still Largest Companies In Romania
OMV Petrom (SNP.RO), Dacia and Rompetrol remained the largest companies in Romania in 2011, having posted more than 53.6 billion lei (EUR12.6 billion) in revenue, according to the data provi...
IMF: Political Pressures In Romania Will Be Strong Over Coming Months
The International Monetary Fund expects political pressures for relaxing fiscal consolidation and structural reforms to intensify despite the new government strongly affirming its commitment...
P&G: Consumer Spending Decline Is Over
Procter&Gamble, the largest company on the local non-food consumer goods market, expects consumer spending to grow slightly but steadily in 2012 after three years of decline.
Bankers At ZF Summit: We’ll Wait For Economy To Rebound First Before Granting Loans Again
Bankers in Romania say that even though they have funds, they will wait for the economy and lending demand to rebound first before promoting loan sales more aggressively.
Romania's Ex-PM Adrian Nastase Shoots Self After Prison Sentence
Former Romanian Prime Minister Adrian Nastase shot himself and was carried to an emergency hospital in Bucharest Wednesday night, hours after the High Court of Justice upheld a sentence of t...
Romania Rejects All Bids At 1-Year T-Bills Auction
Romania’s Finance Ministry on Monday rejected all bids at an one-year treasury-bills auction, citing unacceptable yields.
BNR: Romania FDI Falls To EUR446M In Jan-Apr
Romanian foreign direct investment, or FDI, fell to EUR446 million in the first four months of 2012 from EUR490 million in the same period a year ago, the central bank said Friday.
BNR: Current Account Deficit At EUR1.23B In Jan-Apr, Down 23.7% On Year
Romania's current account deficit narrowed to EUR1.23 billion in the first four months from EUR1.61 billion in the same period of 2011, due mainly to the increase in the current transfers’ s...
How Cocor Went From Making Profit To Falling Behind With Its Loans
Four years ago, when the old Cocor store closed for an extensive upgrade program, it was over 90% rented and the average rent stood at EUR47 per square meter. Cocor Bucuresti (COCR.RO), whic...