Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Bucharest Shares End On Upbeat Note, As Wall Street Opens Strong
Shares traded on the Bucharest bourse closed Wednesday with a robust increase, after staying in positive territory throughout the day, as final-lap trading picked up after the strong debut o...
Romania’s Largest Digital Cinema To Be Launched On Sep 23, After EUR19M Invest
Romanian Baneasa Developments will launch, on September 23, the Grand Cinema Digiplex, the largest completely digitized cinema in the country, following an investment of EUR19 million.
Monsson Group Invests EUR240M In 150 MW Wind Farm Near Black Sea
Romanian Monsson Group, owned by businessman Emanuel Muntmark, will invest some EUR240 million in the construction of a wind farm in southeast Romania, people close to the matter told MEDIAF...
Turism Felix Invests EUR20M In Five-Star Spa Hotel
Hotel operator Turism Felix (TUFE.RO) on Wednesday said it will invest EUR20 million in Romania’s first five-star spa hotel, which will be launched at the end of next year.
Wind Farm Incentives To Increase Romanian Electricity Prices By 10% In 2012
Romanian electricity consumers could pay up to 10% more next year, as more wind farms are supported through the green certificate scheme, Wednesday said Zoltan Nagy, director general of the...
Romanian Beer Consumption Stabilizes In First Half - Association
Beer consumption in Romania stabilized in the first half of the year, after two years of decreases, staying around 8 million hectoliters, the beer makers association said Wednesday in a news...
Romanians To File 133% Guarantee On Consumer Loans - Draft
Consumer loans will have a maturity of at most five years, and clients will have to guarantee 133% of the loan’s value, while real estate financing in euro will require an advance of at leas...
Securities Commission Approves Interim Board Members At SIF Oltenia
Securities regulator CNVM on Tuesday validated two provisional members of the board at regional investment fund SIF Oltenia (SIF5.RO).
Bucharest Shares Close Flat, Energy Companies Rise
Shares traded on the Bucharest bourse closed Tuesday nearly flat, on moderate traded values, with only the energy stocks tracker BET-NG posting a robust increase.
Romania’s Furniture Production Up 3.8% In Jan-May, To EUR789M
Romania’s furniture production rose 3.8% on the year between January and May 2011, to EUR789 million, while exports widened by 18%, to EUR572.5 million, according to data provided by local f...
Developers Widen Electroputere Parc To 71,000 Sqm
K&S Development, which develops Electroputere Parc shopping center in Romanian southern city Craiova, have expanded the center by more than 16,000 square meters, to 71,000 sqm, following inc...
Antibiotice To Sell Medicine Worth RON68M Through Pharma Iasi
Romanian medicine maker Antibiotice Iasi (ATB.RO) on Tuesday corrected to 68 million lei (EUR16 million), from RON50 million, the value of the medicine sale contract inked with wholesaler Ph...