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Andrei Cîrchelan

Fields
Capital Market, Energy, Real Estate
Writing for ZF since
2011
Articles
1.882
Companies

Bulgarian Firm Ousted From Cupru Min Purchase Auction

Bulgarian Ellatzite Med Ad was disqualified from the auction to buy Romanian copper mining firm Cupru Min, which leaves Australian OZ Minerals, Canadian Roman Copper Corp. and Dutch Dundee H...

Andrei Cîrchelan · 26.03.2012 · 13:51 · 1 min
Enterprise Investors Seeks EUR650M For New Investment Fund
Banks-Insurance

Enterprise Investors Seeks EUR650M For New Investment Fund

Enterprise Investors (EI), one of the largest private equity firms in Central and Eastern Europe, plans to raise EUR650 million for a new investment fund, its eighth, targeting Romania and o...

Andrei Cîrchelan · 26.03.2012 · 13:10 · 1 min
Real Estate

Immofinanz Revenue In Romania Falls To EUR34.1M In Apr 30-Jan 31

Real estate investment company Immofinanz Austria reported revenue worth EUR34.1 million in Romania between April 30, 2011 and January 31, 2012, compared to EUR34.6 million in the same timef...

Andrei Cîrchelan · 26.03.2012 · 12:54 · 1 min
Lafarge Expects Stable Sales In Romania For 2012
Companies

Lafarge Expects Stable Sales In Romania For 2012

French group Lafarge expects revenue achieved in Romania to at least stay at 2011 levels, while the local cement market, its main segment, is expected to widen by 2%-5% in volume, helped by...

Andrei Cîrchelan · 26.03.2012 · 12:05 · 1 min
Transgaz Revises Financial Results For 2011. Profit Down 3% From Preliminary Figure
Energy

Transgaz Revises Financial Results For 2011. Profit Down 3% From Preliminary Figure

Romanian state-owned gas transporter Transgaz (TGN.RO) on Monday announced its net profit stood at 379.5 million lei (EUR89.5 million) in 2011, down 3.2% from RON392 million it estimated bac...

Andrei Cîrchelan · 26.03.2012 · 11:42 · 1 min
Alro Proposes 40% Higher Dividend For 2011
Companies

Alro Proposes 40% Higher Dividend For 2011

The managing board of Romanian aluminum maker Alro Slatina (ALR.RO) proposes the payment of dividend worth 225.8 million lei (EUR51.6 million), nearly the entire profit achieved last year.

Andrei Cîrchelan · 26.03.2012 · 11:24 · 1 min
Capital Market

Leu Opens Stronger Vs Euro, Amid Market Apathy

The Romanian leu opened stronger against the euro Monday, within a quiet market with very low traded volumes.

Andrei Cîrchelan · 26.03.2012 · 11:22 · 1 min
Capital Market

Bucharest Stocks Open Up, In Quiet Market

The Bucharest bourse opened Monday with an increase, on low traded values, with the bulk of activity focusing on regional investment fund SIF Transilvania (SIF3.RO) and Fondul Proprietatea (...

Andrei Cîrchelan · 26.03.2012 · 11:22 · 1 min
Capital Market

Bucharest Stocks Close Down, SIFs Buoy

The Bucharest bourse closed Friday with a decline, on low traded values, but the five regional investment funds, or SIFs, managed to stay in the green.

Andrei Cîrchelan · 23.03.2012 · 17:32 · 1 min
Companies

Cupru Min Auction Draws Four Bidders

The sale of Romanian copper mining company Cupru Min has drawn the attention of companies such as Australian OZ Minerals, Canadian Roman Cooper Corp, Dutch Dundee Holding and Bulgarian Ellat...

Andrei Cîrchelan · 23.03.2012 · 17:12 · 1 min
Antibiotice Proposes RON17.2M Share Capital Hike
Capital Market

Antibiotice Proposes RON17.2M Share Capital Hike

The managing board of Romanian state-owned medicine maker Antibiotice Iasi (ATB.RO) increased to 17.2 million lei (EUR3.9 million) the sum proposed to stockholders as share capital hike, acc...

Andrei Cîrchelan · 23.03.2012 · 12:56 · 1 min
Capital Market

Leu Opens Stronger Vs Euro, On Low Volumes

The Romanian leu opened Friday stronger against the euro, in a quiet market with low traded volumes.

Andrei Cîrchelan · 23.03.2012 · 11:44 · 1 min