Curs BNR — 13.11.2026 EUR 5,3498 USD 4,8428 GBP 6,4023

Translator RO-EN

Andrei Cîrchelan

Fields
Capital Market, Energy, Real Estate
Writing for ZF since
2011
Articles
1.882
Banks-Insurance

Libra Bank Changes Name To Libra Internet Bank

Libra Bank changed its name this month to Libra Internet Bank, marking a new stage in its development, focused on online services, the Romanian lender said Thursday.

Andrei Cîrchelan · 18.08.2011 · 16:52 · 1 min
Retailer Profi Launches 100th Store In Romania
Retail&Consumer

Retailer Profi Launches 100th Store In Romania

Retailer Profi launched Thursday a new supermarket in Bucharest, bringing its nationwide network to a total 100 units.

Andrei Cîrchelan · 18.08.2011 · 16:16 · 1 min
Real Estate

Holcim Romania Reports 10% Rise In First Half Volumes

Holcim, the world’s second-largest cement maker, Thursday reported a 10.2% increase in its Romanian cement and clinker sales volumes for the first half of the year.

Andrei Cîrchelan · 18.08.2011 · 12:25 · 1 min
Real Estate

GTC Romania Boasts 99% Pre-Rental Of Galleria Arad Mall

Property developer GTC Romania on Thursday announced it has almost entirely rented out the Galleria Arad mall, which is set for launch within two months.

Andrei Cîrchelan · 18.08.2011 · 11:22 · 1 min
Capital Market

Leu Dips Vs Euro, On Cautious Trading

The Romanian leu opened Thursday slightly weaker versus the euro, in a market dominated by uncertainty and still frail investor confidence.

Andrei Cîrchelan · 18.08.2011 · 10:58 · 1 min
Capital Market

Bucharest Shares Open Down, On International Woes

The Bucharest bourse opened Thursday with a downward tendency, influenced by negative developments on US and Asian markets.

Andrei Cîrchelan · 18.08.2011 · 10:52 · 1 min
Macroeconomics

EIU Sees Romania’s Economy Up 1.7% In 2011

Romania is facing some tough austerity measures and its economic growth should reach just 1.7% this year, with expectations of strengthening in 2012, according to a report published Wednesda...

Andrei Cîrchelan · 17.08.2011 · 19:35 · 1 min
Capital Market

Unirea Shopping Center Jan-Jun Profit Halves To RON2.6M

Unirea Shopping Center (SCDM.RO) on Wednesday said its first half net profit dropped to 2.58 million lei (EUR606,000), from RON5.7 million in the same interval of 2010.

Andrei Cîrchelan · 17.08.2011 · 18:50 · 1 min
Capital Market

Artego First Half Profit Dives To RON0.5M

Rubber items maker Artego (ARTE.RO) on Wednesday reported a net profit of some 500,000 lei (EUR117,346) for the first half of the year, compared to RON3 million in the same interval of 2010.

Andrei Cîrchelan · 17.08.2011 · 18:39 · 1 min
Capital Market

Leu Closes Stronger Vs Euro, In Line With Peers

The Romanian leu closed Wednesday noticeably stronger against the euro, in a quiet market, while other currencies in the region were seeing similar evolutions.

Andrei Cîrchelan · 17.08.2011 · 17:48 · 1 min
Capital Market

Bucharest Shares Close High, On US Markets Rise

The Bucharest bourse closed Wednesday on an upward tendency, following positive evolutions on the US markets, after opening in negative territory.

Andrei Cîrchelan · 17.08.2011 · 17:46 · 1 min
Energy

Oltchim Asked To Discuss Interest Rate For Aid Refund

The Romanian government asked state-owned chemical company Oltchim (OLT.RO) to agree with privatization authority AVAS on an interest rate for the EUR134 million it owes as state aid refund.

Andrei Cîrchelan · 17.08.2011 · 16:43 · 1 min