Senior Editor
Andrei Chirileasa
- Fields
- Capital Market, Energy, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 44
Fondul Proprietatea Saves The Day For Brokerage Houses
Brokers that were quicker to get involved with Fondul Proprietatea (FP.RO) shares took the lions’ share of bourse transactions this year, while retail brokers suffered because of the exit of...
Fondul Proprietatea Moves Into The Hands Of Large Private Investors
The shareholders of regional investment fund Fondul Proprietatea (FP.RO) Wednesday eliminated the voting restrictions in place up to now, in the last step towards large private investors tak...
Listed Companies Saw 25% Turnover Growth, Profits Up 140% In Jan-Sept
The cumulated turnover of the most important 100 companies to have published results until Friday (November 18) for the third quarter went up in the first nine months by 25.5% to 41 billion...
Pharmaceutical Companies Lose Their Shine On The Stock Exchange. Profits Down In 3Q
The five stock-exchange listed companies in the pharmaceutical sector recorded profit declines in the third quarter. The three drug manufacturers, Antibiotice, Zentiva and Biofarm, also saw...
No Mention Of Any Privatization Or Listing Of State-Run Companies In 2012 Budget Draft
The 67-page report accompanying the 2012 state budget draft does not include even a single mention of the privatization of state-owned companies and of the sale of shares via the Bucharest S...
Petrom Announces Highest Profit Ever. Austrian Owners Win, Local Economy Loses
Profit chain: Fuels become more expensive. OMV Petrom (SNP.RO) makes higher profit. Austrian-held OMV, which owns 51% in Petrom, makes even more money. The government gains something, too, t...
The Story Of Petromservice’s Insolvency
Four years after Austria’s OMV paid EUR328 million to Sorin Ovidiu Vantu to take over Petromservice, two questions remain unanswered: why did the Austrian company pay so much to take over th...
Why Romanian Equity Is Currently Attractive
Financial results on the rise, higher dividend yields and the companies’ lower indebtedness level, as well as the lower indebtedness level of Romania to other countries in the region, are th...
Can BVB Help Romanian Entrepreneurs Build A Strong Bank?
Eastern European countries need to encourage local banks, and where there aren’t any, they may have to build them from scratch, in order to have an alternative to the financing offered by fo...
What Does The Bourse Gain From A Stock Traded For RON24 A Day?
Over a third of stock exchange-listed companies have had average daily transactions of less than 5,000 lei (EUR1,150) per day in 2011, with ten of these companies unable to reach even the RO...
Nokia’s Departure From Cluj Comes As A Bolt From The Blue For Romanian Economy
The decision of Finnish group Nokia to shut down the plant in Jucu (Cluj County), where it was assembling EUR1.6 billion worth of cell phones a year, and to lay off about 2,200 employees cam...
Bucharest-Listed Firms Attracted Merely EUR80M In Funding In 3 Years
Only 12 of the 78 companies currently listed on the main market of the Bucharest Stock Exchange (BVB.RO) have attracted funding from the stock exchange through capital increases, whereas pri...