Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Bucharest Stocks Close Up, On Little Activity
The Bucharest bourse closed Friday with a slight increase, on very low traded values, as investors are preparing for the Orthodox Easter holiday.
Eldorado Gold Sets 2015 Start Date For Romania Gold Mine
Canadian Eldorado Gold plans to mine four tons of gold per year in Romania, starting 2015, namely an output worth $160 million per year, calculated on the average price considered in the ree...
Bucharest Stocks Open Undecided, Activity Lags
The Bucharest bourse opened Friday with an oscillating trend, on low traded values, as Romania prepares for the Orthodox Easter.
Leu Opens Flat Vs Euro, In Quiet Market
The Romanian leu opened flat against the euro Friday and saw some minor oscillation, as the market stayed quiet and low volumes were traded.
Cemacon Seeks Advisor For Negotiations With BCR
Romanian brick maker Cemacon (CEON.RO) could pay over EUR300,000 to a financial adviser in negotiations aimed at reducing the debt owed to lender BCR by some EUR10 million.
Bucharest Stocks Close Up, BRD In Focus
The Bucharest bourse closed Thursday with a moderate increase, on improved traded values, with almost half of turnover coming from transactions in lender BRD-Groupe Societe Generale (BRD.RO)...
Romcarbon Plans 10% Buyback With RON6.6M Budget
Management at Romanian plastic tiles and profiles maker Romcarbon Buzau (ROCE.RO) Thursday announced a plan to buy back at most 10% of shares, in a bid to diminish the share capital, in an o...
Some 4,400 Romanian Firms Went Insolvent In 1Q, Down 13% On Year
The number of companies going insolvent in the first three months in Romania dropped by 13% to 4,414, from 5,082 in the same period of 2011, according to Trade Registry data.
Farmaceutica Remedia Eyes 61% Hike In ‘12 Gross Profit, To RON8.7M
Romanian medicine wholesaler Farmaceutica Remedia Deva (RMAH.RO) expects a pretax profit of 8.7 million lei (EUR1.98 million) this year, up 61% from RON5.41 million in the previous year.
Alumil Seeks Loans Of EUR8M For Investments, Working Capital
Romanian aluminum systems maker Alumil Rom Industry Bucuresti (ALU.RO) plans to apply for loans worth a total EUR8 million, including EUR5 million to finance investments and the rest for wor...
Carrefour Romania Posts 3.6% Rise In First Quarter Sales, To EUR277M
French group Carrefour Thursday reported sales of EUR277 million in the first quarter in Romania, up 3.6% from EUR267 million in the same interval of the previous year.
Bucharest Stocks Open Up, In Quiet Market
The Bucharest bourse opened Thursday on an upward trend, but the traded values stayed low, with players focusing on the main investment funds and chemical company Azomures (AZO.RO).