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Andrei Cîrchelan

Fields
Capital Market, Energy, Real Estate
Writing for ZF since
2011
Articles
1.882
Avicarvil Plans EUR8M Investment In Romanian Poultry Farms By End 2012
Retail&Consumer

Avicarvil Plans EUR8M Investment In Romanian Poultry Farms By End 2012

Romanian group Avicarvil on Friday said it has invested over EUR12 million so far in the poultry farms it runs in Valcea county, and it plans to invest another EUR8 million in upgrades by th...

Andrei Cîrchelan · 02.09.2011 · 15:43 · 1 min
Electrawinds Plans 200-MW Wind Farms In Romania
Energy

Electrawinds Plans 200-MW Wind Farms In Romania

Belgian energy producer Electrawinds on Friday said it plans wind farms with a total output of 200 MW in Romania, after completing last year a first project, with an installed capacity of 3...

Andrei Cîrchelan · 02.09.2011 · 13:20 · 1 min
Capital Market

Bourse Operator Replaces Four Issuers In BET-XT Index

Bucharest bourse operator BVB (BVB.RO) decided to replace some of the issuers in the BET Extended index, which tracks the top 25 blue-chips.

Andrei Cîrchelan · 02.09.2011 · 12:05 · 1 min
Capital Market

Bucharest Shares Open Down, Eyes On Financials

The Bucharest bourse opened Friday with a downward tendency, on moderate traded values, while the bulk of investment focused on financial stocks.

Andrei Cîrchelan · 02.09.2011 · 11:02 · 1 min
Capital Market

Leu Weakens Vs Euro, In Quiet Market

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

Andrei Cîrchelan · 02.09.2011 · 10:56 · 1 min
INS: Romanian 1H New Housing Down By 868 To 17,806 Units
Real Estate

INS: Romanian 1H New Housing Down By 868 To 17,806 Units

The number of residential constructions completed in the first half of 2011 fell by 868 units on the year, to 17,806, the National Statistical Institute, or INS, said Friday.

Andrei Cîrchelan · 02.09.2011 · 10:00 · 1 min
Energy

Romania To Lend Coal, Fuel Oil From Reserves To Power Producers

The government will take 1.18 million tons of coal and 134,524 tons of fuel oil form the state reserve, to supply 16 thermal power producers during the winter.

Andrei Cîrchelan · 01.09.2011 · 19:28 · 1 min
Magheru Boulevard Is World’s 46th Most Expensive Retail Location - Survey
Retail&Consumer

Magheru Boulevard Is World’s 46th Most Expensive Retail Location - Survey

The Magheru boulevard in Bucharest ranked 46th in a Cushman&Wakefield chart of the most expensive 63 boulevards in the world, with respect for the rent paid in these locations.

Andrei Cîrchelan · 01.09.2011 · 19:17 · 1 min
Capital Market

Romanian Ameropa Grains Seeks EUR48M Funding From UniCredit Tiriac

Romanian grains and fertilizer trader Ameropa Grains Constanta (CCRL.RO), former Comcereal, on Thursday said it seeks funding worth at most EUR48.2 million from UniCredit Tiriac.

Andrei Cîrchelan · 01.09.2011 · 18:48 · 1 min
Energy

Chinese Sinohydro Seeks Involvement In Tarnita-Lapustesti Project

Chinese hydrological engineering and construction company Sinohydro showed interest in the construction of Romanian hydropower plant Tarnita-Lapustesti, which entails an investment of more t...

Andrei Cîrchelan · 01.09.2011 · 18:40 · 1 min
Capital Market

Electrocarbon Posts 28% Drop In 1H Profit, To RON5.5M

Romanian industrial electrode maker Electrocarbon Slatina (ELNG.RO) on Thursday reported a net profit of 5.5 million lei (EUR1.3 million) for the first half of 2011, down 28% from RON7.7 mil...

Andrei Cîrchelan · 01.09.2011 · 18:04 · 1 min
Capital Market

Bucharest Shares End Flat, After Final Lap Rally

The Bucharest bourse closed nearly flat Thursday, as the early losses were recouped in the second half of the session.

Andrei Cîrchelan · 01.09.2011 · 17:25 · 1 min