Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Romanians Expected To Spend EUR350M This Year On Window Replacements
Romanians are expected to spend over EUR350 million this year to replace windows, according to estimations by local glass market leader Saint-Gobain Glass Romania.
Leu Opens Up Vs Euro, In Quiet Trade
The leu opened Monday slightly stronger against the euro, on a quiet market, with low traded volumes.
Bucharest Stocks Up In Quiet Market
The Bucharest bourse opened Monday with a slight increase, after several consecutive sessions of decline, but trading stayed moderate, as investors remain cautious.
Bucharest Bourse Ends In Red, On Crisis 2.0 Fears
Stocks traded in Bucharest closed Friday largely in the red, after underachieving throughout the session, as fears of US recession and Euro zone breakup persist.
BVB Extends Valentin Ionescu Mandate As General Manager
The managing board of Bucharest bourse operator BVB (BVB.RO) Thursday decided to extend the mandate of Valentin Ionescu as general manager by another six months, people close to the matter t...
Foreign Funds Managed Assets Worth RON1.21B In Romania End-July
Foreign open-end funds managed net assets worth a total 1.21 billion lei (some EUR280 million) in Romania at the end of July, representing a 15.3% market share, according to local fund manag...
Transelectrica, Transgaz Get EUR64M For Upgrades
Romanian state-owned energy transporters Transelectrica (TEL.RO) and Transgaz (TGN.RO) will receive non-refundable financing worth a total 272 million lei (some EUR64 million) for upgrades,...
Antibiotice To Sell Medicine Worth RON50M Through Pharma Iasi
Pharmaceutical wholesaler Pharma Iasi recently signed a deal to buy medicine worth an estimated 50 million lei (EUR11.75 million) this year from Antibiotice (ATB.RO), according to an Antibio...
OTP Bank Romania Swings To EUR5.5M Net Profit In 1H
OTP Bank Romania registered a net profit of 1.47 billion Hungarian forints (EUR5.5 million) in the first half of the year, compared to a loss of HUF2 billion in the same interval of 2010, fo...
Leu Dips Vs Euro, On Low Volumes
The Romanian leu opened Friday a bit weaker against the euro, amid market apathy and in line with the region, where investors were also showing caution.
Bucharest Stocks Decline As Global Economy Wobbles
The Bucharest bourse plunged at opening Friday, as stocks across the globe trade lower, amid widespread uncertainty.
Bucharest Bourse Dives, Amid International Slugfest
The Bucharest bourse took a nose dive Thursday, maintaining a downward trend throughout the session, mirroring the foreign markets' falls under the influence of bank shares sell-off.