Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Elcomex EN Changes Name To Repower Furnizare Romania
Electricity supplier Elcomex EN changed its name to Repower Furnizare Romania, after being taken over in June 2010 by Swiss Repower AG.
Mechel Targoviste To Take Bank Loans Worth A Total EUR100M
Steel maker Mechel Targoviste (COS.RO) on Monday said it will contract two loans, worth EUR50 million each, from ING Bank and UniCredit Tiriac Bank, in association with three firms from the...
Realty Transactions Drop 87% In Second Quarter, To EUR23.5M
Real estate transactions unfolded in the second quarter of the year amounted to EUR23.5 million, down 87% from EUR213.94 million in the first quarter, in line with the trend seen in central...
Bucharest Owners Sell Plots For Up To EUR8,000 Per Sqm - Colliers
Bucharest plot owners sell at prices of up to EUR8,000 per sqm, while prices have nearly halved over the past three years, to 2004-2005 levels, according to realty advisors Colliers.
Concefa Plans RON14.2M Share Capital Hike, To RON71.6M
Construction company Concefa Sibiu (COFI.RO), owned by businessman Horatiu Cercel, on Monday said it plans to increase its share capital by 14.2 million lei (EUR3.36 million), to RON71.6 mil...
Leu Opens Weaker Vs Euro, On US Woes
The leu opened weaker versus the euro Monday, in line with other currencies in the region, as the risk aversion of investors rose on fears of the US state debt.
Shares Open Down, On Deal Market Trading
The Bucharest bourse opened Monday with a downward motion, while the bulk of activity in the market was focusing mainly on deal market trades, as well as on investment fund Fondul Proprietat...
Bucharest Shares Inch Up, Eyes On Financials
The Bucharest bourse closed slightly up Thursday, on moderate traded values, supported by investment fund Fondul Proprietatea (FP.RO) and the five regional investment funds, or SIFs.
SABMiller Posts 3% Drop In Romanian Volumes In Apr-Jun
The beer sales of SABMiller group in Romania dropped some 3% by volume in April-June, since the local market continues to suffer the effects of the economic crisis and of the austerity measu...
Energobit Sees 2011 Sales Up 20% To EUR120M
Romanian engineering group Energobit expects sales to reach EUR120 million this year, up 20% from EUR100 million in 2010, Thursday said Florin Pop, the group’s general manager.
Energobit Takes EUR10M Loan From EBRD
The European Bank for Reconstruction and Development granted a EUR10 million loan to Energobit ESCO, part of engineering group Energobit, to fund several energy efficiency projects.
Liquidator Starts Direct Negotiations For Bucharest City Mall Sale
The creditors of bankrupt Bucharest shopping center City Mall approved the start of direct negotiations for the mall’s sale, evaluated at some EUR21 million, Thursday said the unit’s liquida...