Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Exxon Mobil Expects Neptun Block Development Costs To Reach At Least $3B
The costs of development and production on the Neptun oil block in the Black Sea will range between $3 and $10 billion, if exploration is concluded successfully, Thursday said Ian Fischer, h...
Scandia Foods President Adrian Gaspar To Act As GM As Well
Canned foods maker Scandia Food on Thursday said company general manager Robert Redeleanu has concluded his mandate after three years of activity and will be replaced by company president Ad...
Industrial Space Rentals Reach Highest Level Since 2007 - CBRE
Industrial space rental volumes reached 164,700 sqm in the first half of the year in Romania, the highest level since 2007, with Bucharest being the most attractive city for investors, accor...
Bucharest Shares Close Up, Trading Slumps
The Bucharest bourse closed Wednesday with an increase, but on very low trading values, as investors showed caution and focused mainly on investment fund Fondul Proprietatea (FP.RO) and the...
Upetrom 1 Mai Ploiesti To Lay Off Half Of Staff
Romanian oil machinery maker Upetrom 1 Mai Ploiesti will lay off 744 employees in September, according to data from the Prahova county employment agency.
Turbomecanica Puts Properties On Sale For RON50M Minimum
Romanian plane parts maker Turbomecanica Bucuresti (TBM.RO) on Wednesday said it plans to sell buildings and plots in Bucharest District 6, for a 50 million lei (EUR11.7 million) minimum, wi...
Heineken Romania Volumes Rose 5% On The Year In Jan-June
Beer maker Heineken on Wednesday reported a 5% year-on-year rise in its first half Romanian volumes, while earnings before interest and taxes (EBIT) rose “significantly”, according to a half...
Teletrans Reports RON22.6M Sales In First Half
Telecom operator Teletrans, controlled by state-owned power grid operator Transelectrica (TEL.RO), on Wednesday reported sales of 22.6 million lei (EUR5.3 million) for the first half of 2011...
Bucharest Stocks Open Up, On Confidence Uptick
The Bucharest bourse opened Wednesday with an increase, on improved traded volumes, as investors regained some of their confidence when international markets closed in the green.
Leu Opens Stronger Vs Euro, In Line With Peers
The leu continued to strengthen against the euro early Wednesday, in line with other currencies in the region, backed by euro sales.
Bucharest Shares Close Up, SIFs Buck Trend
The Bucharest bourse managed to close above par Tuesday, despite a downward tendency started mid-session, but the regional investment funds SIFs closed in the red.
Danya Cebus Rom To Build First Phase Of AFI Business Park, For EUR6.2M
The Romanian construction firm of Africa Israel Investments, Danya Cebus Rom, will build the first of five office buildings planned by AFI Europe near Bucharest mall AFI Palace Cotroceni, wi...