Curs BNR — 13.11.2026 EUR 5,3498 USD 4,8428 GBP 6,4023

Translator RO-EN

Andrei Cîrchelan

Fields
Capital Market, Energy, Real Estate
Writing for ZF since
2011
Articles
1.882
Transelectrica More Severe In Authorizing Wind Farms
Energy

Transelectrica More Severe In Authorizing Wind Farms

Romanian state-owned electricity transporter Transelectrica (TEL.RO) is “more drastic” in approving the access of wind turbines to the power grid, since developer demand outweighs the networ...

Andrei Cîrchelan · 06.09.2011 · 13:09 · 1 min
Banks-Insurance

Economic Growth Needs Stable Prices – Central Bank Governor

Central bank governor Mugur Isarescu on Monday said that growth cannot be achieved merely by using more money, and economic growth requires stable prices.

Andrei Cîrchelan · 05.09.2011 · 19:19 · 1 min
Capital Market

Ropharma Turns RON1.8M Receivable Into Stock

Shareholders of medicine wholesaler Ropharma Brasov (RPH.RO) decided to turn a 1.8 million lei (EUR423,240) receivable into shares within Ropharma Production, a company which it owns.

Andrei Cîrchelan · 05.09.2011 · 19:03 · 1 min
Banks-Insurance

TMK Artrom To Contract Loans Worth A Total EUR55M

Steel pipe maker TMK Artrom Slatina (ART.RO) will contract three loans worth a total EUR55 million, from UniCredit Tiriac Bank and Banca Comerciala Romana, to refinance other loans and secur...

Andrei Cîrchelan · 05.09.2011 · 18:55 · 1 min
Banks-Insurance

Finance Ministry Extends Selection Deadline For USD Bond Issue Consultant

The Finance Ministry extended until September 20 the deadline for the selection of a legal adviser for the issue of US dollar notes on international markets.

Andrei Cîrchelan · 05.09.2011 · 18:22 · 1 min
Capital Market

Bucharest Shares Fall, Amid Global Decline

The Bucharest bourse closed down Monday, but the local stocks' decline was lower than decreases posted by the markets worldwide, as trading remained moderate and focused mainly on the tradit...

Andrei Cîrchelan · 05.09.2011 · 17:32 · 1 min
Capital Market

Do-Fi South-East Holding Bids EUR3.8M For Romanian SCTB Takeover

Austrian investment fund Do-Fi South-East Holding launched an offer to buy 37.65% in construction company SCT Bucuresti, or SCTB (SCTB.RO), for 16.3 million lei (EUR3.8 million).

Andrei Cîrchelan · 05.09.2011 · 16:51 · 1 min
Romania May Keep Some Energy Price Regulation Beyond 2015 - ANRE Draft
Energy

Romania May Keep Some Energy Price Regulation Beyond 2015 - ANRE Draft

Romanian energy regulator ANRE may keep applying current pricing regulations for electricity and gas beyond 2015, for certain categories of clients, despite deregulation agreements concluded...

Andrei Cîrchelan · 05.09.2011 · 16:35 · 1 min
Real Estate

MedLife Rents Former Rompetrol HQ In Bucharest For New Clinic, Offices

Romanian private healthcare provider MedLife rented the former headquarters of oil company Rompetrol in central Bucharest, according to real estate consultancy firm CB Richard Ellis, which b...

Andrei Cîrchelan · 05.09.2011 · 15:43 · 1 min
Retail&Consumer

Wine Maker Cotnari Invests EUR6M In 2011

Romanian wine maker Cotnari on Monday said it has invested over EUR6 million this year, mainly in expanding storage capacity, replanting 360 hectares of vineyard and buying new machinery.

Andrei Cîrchelan · 05.09.2011 · 14:38 · 1 min
Capital Market

Bucharest Bourse Closes In Red, Trading Spikes On Deal Market

Shares traded on the Bucharest bourse fell around 1.6% Friday, on low traded volumes, but the overall turnover was lifted by several deal market transactions.

Andrei Cîrchelan · 02.09.2011 · 17:15 · 1 min
Energy

South Korean BKB Seeks Stake In Cernavoda Nuke Project

South Korean BKB, part of the Korea Nuclear consortium, wants to join EnergoNuclear, the mixed company building reactors 3 and 4 at Romania’s sole nuclear power plant in Cernavoda.

Andrei Cîrchelan · 02.09.2011 · 16:03 · 1 min