Reporter
Adrian Cojocar
- Fields
- Companies, Capital Market, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 41
Ductil Buzau Feels New Crisis As Orders Drop In September
The decline in orders received by the electrode maker Ductil signals a slowdown of the industry, which has born the burden of the economic rebound of the past year. The management is not too...
ArcelorMittal Galati To Increase Steel Production Starting 2012, Following EUR80M Investment
ArcelorMittal Galati, the largest steel plant in Romania, plans to increase its production by one million tons starting next year, after the reopening of furnace five, whose upgrading cost E...
SIF Shares Nosedive, Are 50% Away From 2009 Lows
The shares of the five regional investment funds (SIF) were significantly affected on the stock exchange, losing up to 15% in the last three trading sessions alone amid foreign stock exchang...
Bourse Operates Biggest Transfer In Years: Electromagnetica Is One Step Away From Floatation
The National Securities Commission (CNVM) at the end of last week approved the transfer of shares of electrical equipment producer Electromagnetica Bucuresti (ELMA.RO) from Rasdaq onto the r...
Leading Broker: We Want To Modernize The Capital Market
KBC Securities, the largest brokerage firm on the Romanian capital marmet, previously held by Belgium’s KBC, is now controlled by Bogdan Juravle and Sorin Apostol, each holding 47.5% of the...
ArcelorMittal Galati Could Boost Sales By EUR500M Following EUR80M Investment
ArcelorMittal Galati, the largest steel plant in Romania, controlled by Indian billionaire Lakshmi Mittal, will complete a EUR80 million investment in upgrading a furnace next month, which w...
BET Index Drops To Two-Year Low, No Signs That Falls Will End Here
BET, the main index of the Bucharest Stock Exchange, Thursday broke the 4,350-point level, hitting its lowest point since the autumn of 2009 amid severe corrections on the external markets.
Catalin Chelu At War With SIF Oltenia Over Argus Constanta
SIF Oltenia (SIF5.RO) and businessman Catalin Chelu are engaged in one of the fiercest fights on the stock market, throwing accusations at each other and dragging important institutions into...
Comvex Pins Hopes For Growth On Restart Of ArcelorMittal Furnace
The management of harbor operator Comvex Constanta (CMVX) says the company’s business could see growth in the second half of the year as a result of the reopening of steel mill ArcelorMittal...
Altur Slatina Invests Over EUR5M In Equipment
Automotive component manufacturer Altur Slatina (ALT.RO), controlled by businessman Catalin Chelu, will make a 22.1 million lei (EUR5.18 million) investment to buy equipment required to impr...
Cristescu, Bega: External Turmoil Will Last At Least Two More Months
Marius Cristescu, owner of the Bega group, which holds stock exchange-listed companies with a cumulated capitalization of EUR160 million, says business in the first half of the year was affe...
Analysts See High Chances For Stock Market Growth By Yearend
After the dramatic declines of August, which drove the prices of the most liquid shares on the bourse down even by as much as 20% at a certain moment, the Bucharest stock exchange has shown...