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
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...
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.
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.
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...
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.
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...
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).
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...
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...
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.
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.
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.