ZF newsroom
Neagu Bogdan Mircea
- Fields
- Macroeconomics, Capital Market, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 284
Bunge Gets Competition Greenlight To Buy Prio Plant
Bunge, one of the largest vegetable oil producers in Romania, got the Competition Council’s approval to take over the oil plant in Lehliu Gara (southern Romania) of Martifer Group’s Prio Foo...
BNR: Romania FDI Falls To EUR425M In First Quarter
Romanian foreign direct investment, or FDI, fell to EUR425 million in the first quarter of 2012 from EUR444 million in the same period a year ago, the central bank said Wednesday.
Romania 1Q Current Account Deficit Narrows To EUR544M
Romania's current account deficit narrowed to EUR544 million in the first quarter from EUR967 million in the same period of 2011, due mainly to the increase in the current transfers’ surplus...
Leu In Free Fall: Exchange Rate Hits New Low Of 4.4411 Vs Euro
Romanian leu’s exchange rate fell for the third straight day to a fresh all-time low of 4.4411 against the euro, despite suspected interventions from the central bank to support the national...
Antibiotice 1Q Net Profit Inches Down 2.2% To RON13M
Romanian drugmaker Antibiotice Iasi (ATB.RO) Tuesday reported a net profit of 12.97 million lei (EUR2.9 million) for the first quarter, down 2.2% on the year, as higher financial costs hurt...
Romania’s Economy Back Into Recession. GDP Shrinks In The First Quarter
Romania’s economy shrank in the first three months of 2012 compared with the previous quarter, a flash estimate from the country’s statistics institute INS said Tuesday.
Where Is The Leu Exchange Rate Going?
The leu depreciated on Friday to a historic low, only to fall to a fresh low of 4.437 per euro on Monday and Romanians with installments to pay in euros are looking fearfully at the rates di...
Leu Exchange Rate Hits New Low Of 4.4373 Vs Euro
Romania’s leu retreated against the euro by midday Monday and the central bank’s reference weakened to a new record low of 4.4373 units, from 4.4265 units in the previous session.
Ford Starts Production Of EcoBoost Engine In Craiova
Ford has started production of the new 1.0 liter EcoBoost gas engine at its Craiova plant in southern Romania. A total of 30,000 units should be made by the end of the year, while next year’...
OMV Petrom Received EUR3.4 Worth Of Green Certificates In 1Q
The first-quarter electricity production of Dorobantu wind farm brought OMV Petrom (SNP.RO) 61,763 green certificates, which might be valued at EUR3.39 million at current market prices, Roma...
Romania 1Q Industrial New Orders Inch Up 0.6% On Year
Romanian industrial new orders edged up 0.6% in the first quarter compared with the year-earlier period, fueled by higher demand of consumer and durable goods, the country’s statistics insti...
INS: Adjusted Construction Works Down 8.8% On Month In March
Romanian construction works fell 8.8% on the month in March, due to reduced activity in most sectors, the statistics institute INS said Wednesday.