Reporter
Adrian Cojocar
- Fields
- Companies, Capital Market, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 41
Transgaz Overshoots 2011 Budget
The management of Transgaz Medias (TGN.RO) admits that budget projections for 2011, which included a profit at one third of 2010 level and falling revenues, are not quite in line with realit...
Power Transformer Producer Retrasib Taps Foreign Markets
Power transformer producer Retrasib Sibiu (RTRA.RO), controlled by Cluj-based businessmen Octavian and Calin Buzoianu, is set to focus on signing partnerships and securing contracts on forei...
Shares That Surged Over 40% Over The Past Few Days Run Out Of Steam
The shares of Oltchim (OLT.RO), Rompetrol Rafinare (RRC..RO) and three other oil companies, which grew between 40% and 130% from the beginning of June until mid-session yesterday, closed the...
Mechel Set To Turn Otelu Rosu Plant Into Smaller Version Of Sidex
Russia’s Mechel group, which owns five steel mills in Romania, plans to boost the raw steel output of its Otelu Rosu plant to 1.3 million tons a year, about half the level of ArcelorMittal G...
Steel Industry Makes Spectacular Recovery
The Romanian steel industry saw a spectacular recovery in 2010, as most European countries exited recession, fueled by orders from the auto industry, while the construction and shipbuilding...