Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Romanian Managers Expect Relative Stability In Aug-Oct, Growth In Retail
Romanian managers expect moderate growth in retail and relative stability in industry, construction and services during August-October 2011, the statistics institute INS said in a statement...
Romania Housing Permits Up 9% YY In July, To 3,884
Romania issued 3,884 buildings permits for residential projects in July, up 6.7% on the month and up 9% on the year, the statistics institute INS said Monday.
Romanian Shares Close Down, On Global Downshift
The Bucharest bourse closed Friday with a decline, on low traded volumes, following the trend noted in other markets across Europe, the US and Asia.
Clothing Retailer New Look Plans To Invest EUR10M In Romania In Medium Term
British clothing retailer New Look on Friday said it plans to invest some EUR10 million in Romania, over the next 5-8 years, to launch 20 stores, including four units set for launch this yea...
Oltchim Extends Furlough For One Third Of Employees Into September
Chemical company Oltchim (OLT.RO) on Friday said it will maintain furlough for one third of its employees in September as well, because of shortages in raw materials and working capital.
Adeplast Completes EUR4M Production Unit In C Romania
Construction materials maker Adeplast on Friday said it has completed construction of a polystyrene plant in Ploiesti, following an investment of more than EUR4 million, and the unit will st...
Leu Opens Stronger Vs Euro, In Wait Of US News
The leu opened roughly flat against the euro Friday, on very low traded volumes, as investors await news from US Fed boss Ben Bernanke, who might announce new set of quantitative easing meas...
Romanian Shares Open Down, In Quiet Market
The Bucharest bourse opened Friday with a decline, on little to no trading, as international sentiment returned to a mood of skepticism and investors are once again showing little confidence...
Romania’s July Budget Gap Stays At RON11.4B, 2.09% Of The GDP
Romania’s consolidated budget posted a deficit of 11.4 billion lei (EUR2.68 billion) in July, equal to 2.09% of the gross domestic product, roughly the same as in June, Finance Ministry data...
Intercontinental Bucuresti Swings To RON1.9M Profit In First Half
Intercontinental Bucuresti (RCHI.RO), which operates the five-star Intercontinental hotel in Bucharest, on thuesday reported a net profit of 1.9 million (EUR0.47 million) for the first half...
Romania To Be Suspended From Trading Green Certificates - Sources
Romania stands to lose hundreds of millions of euro following a pending suspension from trading green certificates, since breaches were noted in the national inventory of carbon emissions, p...
Bucharest Shares Close Up, SIFs Underachieve
The Bucharest bourse closed Thursday with a slight increase, on moderate traded values, mostly focusing on investment fund Fondul Proprietatea (FP.RO), while the five regional investment fun...