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Andrei Cîrchelan

Fields
Capital Market, Energy, Real Estate
Writing for ZF since
2011
Articles
1.882
Analysis

INS: Managers Expect Moderate Growth In Jul-Sep

Managers expect moderate growth in industry, construction, retail and services in the July-September period, the Romanian statistics institute INS said in a statement Thursday.

Andrei Cîrchelan · 28.07.2011 · 10:02 · 1 min
Capital Market

Bucharest Shares Close Down, Amid Quiet Trading

The Bucharest bourse closed down Wednesday, after seeing a declining pattern throughout the session, while the bulk of trading focused on the SIFs and oil company OMV Petrom (SNP.RO), aside...

Andrei Cîrchelan · 27.07.2011 · 17:47 · 1 min
Real Estate

AFI Europe To Break Ground On Ploiesti Mall In Fall

Real estate developer AFI Europe on Wednesday said it will start in fall the construction of a EUR35 million mall, in southern Romanian city Ploiesti, set for completion in 2012.

Andrei Cîrchelan · 27.07.2011 · 14:55 · 1 min
Energy

ANRE OKs Gazprom Unit As Gas Supplier On Romanian Market

Romanian energy regulator ANRE authorized Gazprom Marketing & Trading, a subsidiary of Russian group Gazprom, to supply natural gas on the local market.

Andrei Cîrchelan · 27.07.2011 · 13:35 · 1 min
Retail&Consumer

BAT Notes Higher Romania Profit, On Price Hikes

Cigarette maker British American Tobacco, or BAT, posted a solid increase in its Romanian profit in January to June, based on price hikes, increased volumes and an improved mix on the premiu...

Andrei Cîrchelan · 27.07.2011 · 13:29 · 1 min
Energy

Heating Subsidy Cuts Should Drive Romanians To Thermal Rehab - Baumix

The Romanian thermal rehabilitation market should increase once heating subsidy is removed, but it is currently stagnating because of the constant amendments in legislation, construction mat...

Andrei Cîrchelan · 27.07.2011 · 13:25 · 1 min
Capital Market

Shares Close Down, In Quiet Market

The Bucharest bourse closed Tuesday with a slight decline, on low traded volumes, with the bulk of activity focusing on issuers active on the financial segment.

Andrei Cîrchelan · 26.07.2011 · 17:12 · 1 min
Capital Market

Leu Opens Weaker Vs Euro, Recovers Early

The leu opened Tuesday slightly weaker against the euro, in line with other currencies in the region, but recovered early on the weakening motion seen by the US dollar.

Andrei Cîrchelan · 26.07.2011 · 10:46 · 1 min
Capital Market

Shares Close Down, SIFs Rise

The Bucharest bourse closed Tuesday with a slight decline, one low traded values, while the five regional investment funds, or SIFs, were showing some moderate gains.

Andrei Cîrchelan · 26.07.2011 · 10:41 · 1 min
Capital Market

Shares Close Down, Proprietatea Drives Trades

The Bucharest bourse closed Monday below par, after a mid-session rally, while the large part of activity focused on investment fund Fondul Proprietatea (FP.RO) and lender Banca Transilvania...

Andrei Cîrchelan · 25.07.2011 · 17:11 · 1 min
Capital Market

Minor Stakes Sold In Fondul Proprietatea For RON58.3M Total

Two stakes cumulating 0.81% in investment fund Fondul Proprietatea (FP.RO) were sold for a total 58.3 million lei (EUR13.7 million) on the Bucharest Stock Exchange’s deal market Monday.

Andrei Cîrchelan · 25.07.2011 · 16:36 · 1 min
Health

Romgermed To Build EUR20M Hospital In Bucharest

Private healthcare provider Romgermed started works on a multiple specialty hospital in Bucharest, with an investment of EUR20 million, the group’s development manager Marius Manoiu told MED...

Andrei Cîrchelan · 25.07.2011 · 16:32 · 1 min