Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
AFI Palace Cotroceni 1H Rental Revenue Dips 4% To EUR11.5M
Bucharest shopping center AFI Palace Cotroceni generated rental revenue of EUR11.5 million in the first six months of the year, down some 4% from EUR12 million in the same interval of 2010,...
Intel Names New Country Manager For Romanian R&D Center
Intel, the world’s largest computer chip maker, appointed Monica Ene-Pietrosanu as country manager of the software research and development center it launched in Bucharest in November last y...
Furniture Maker Rus Savitar To Open In Arad Its 11th Store
Furniture maker Rus Savitar will launch Friday its 11th store in Romania, within the Armonia shopping center in Arad, following an investment of EUR200,000, according to a company news relea...
Leu Opens Stronger Vs Euro, As Markets See Uptick
The Romanian leu opened Tuesday stronger against the euro, and continued to strengthen within the first hour, while other currencies in the region were seeing similar evolution, encouraged b...
Bucharest Shares Open Up, On Positive Sentiment
The Bucharest bourse opened Tuesday with an increase, as international markets showed signs of recovery, but investors remained cautious and took an moderately active stance.
Romanian Construction Firm Pa&Co International Ups Capital By RON33M
Romanian construction company Pa&Co International SRL, owned by businessman Costel Casuneanu, has increased its share capital by 33 million lei (EUR7.74 million), to RON65 million, according...
Enel Green Power Romania Hikes Share Capital By RON620M, To RON890M
Wind farm developer Enel Green Power Romania, part of Italian utilities group Enel, has increased its share capital by 620 million lei (EUR145.5 million), to RON890 million, through cash con...
Romania Poised To Hike Oil Transit, Gas Storage Royalties
The royalties collected by Romania for gross revenue achieved from oil transport and transit will rise to 15%, from 10%, while the royalties for underground gas storage will rise to 5% from...
Galleria Malls Lose 8% Of Value In First Half - GTC Report
The Galleria malls owned by property developer GTC in Romanian cities Suceava, Buzau and Piatra Neamt, were evaluated at EUR54 million at the end of June this year, down 8% since the beginni...
Bucharest Shares Close High, On Modest Trading Values
The Bucharest bourse closed up Monday, after a shaky start, but activity remained moderate in the market, as investors showed caution and focused mainly on financial stocks.
Immofinanz Keeps Plans Ahead Of “Pending” Residential Market Upturn
Austrian realty developer Immofinanz reaffirmed in its annual reports the intention to build housing on the Ventilatorul and Rocar platforms it owns in Bucharest, adding that although a time...
Selgros To Invest EUR20M In Second Constanta Store
Retailer Selgros on Monday said it will invest some EUR20 million to launch its second store in southeastern Romanian city Constanta.