Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Enel Completes EUR2M Upgrades At Danube Delta Station
Romanian electricity distributor Enel on Tuesday said it has completed a EUR2 million investment in upgrades at a Danube Delta power station, within a network upgrade program for the regions...
ING Investment Management Romania Appoints New GM
ING Investment Management Romania on Tuesday said it has appointed Adrian Tanase as general manager, starting July 1.
Rompetrol Looks To Western Europe For Expansion - CEO
Oil group Rompetrol plans to expand its operations to Western Europe, after completing the investment it is currently unfolding to boost refining capacity at its Petromidia refining unit, th...
MedLife Sales Rise 37% In 1H, To EUR24M
Romanian private healthcare provider MedLife posted sales of EUR23.8 million in the first half of the year, up 37% from EUR17.35 million in the same period of 2010, based on retail sales, ne...
Rompetrol To Invest $100M In Thermal Power Plant
Oil group Rompetrol plans to invest some $100 million in a themal power plant that would supply the Petromidia refinery with heating and electricity, chief executive officer Saduokhas Merali...
Libra Bank Posts RON9.15M Net Profit In 1H
Romanian Libra Bank posted a net profit of 9.15 million lei (EUR2.1 million) in the first half of this year, compared to RON251,196 in the same interval of 2010, the lender said Tuesday.
Rompetrol Has Cleared Its Debt To Romania, Buyback Pending
Rompetrol has extinguished any debt owed to Romania last year and it is currently under negotiations to buy out the government from Rompetrol Rafinare's (RRC.RO) shareholding structure, the...
SIF Oltenia Ups Its Argus Stake To 32%, Chelu Buys Other 3%
Regional investment fund SIF Oltenia (SIF5.RO) on Monday upped its stake in edible oil maker Argus Constanta (UARG.RO) by 4.7%, to 31.9%, while businessman Catalin Chelu bought another 3% an...
Leu Opens Flat Vs Euro, Strengthens In Early Trade
The Romanian leu opened flat against the euro Tuesday, and started strengthening in early session, as players are confident EU leaders will set a clear agenda to bail out Greece.
Bucharest Bourse Opens Up, Trading Values Rise
The Bucharest bourse opened Tuesday on an upward trend, recovering part of the ground lost in the previous session.
Bucharest Bourse Ends Down, In Line With Foreign Markets
The Bucharest bourse fell 1.5% Monday, following the international markets trend, in a session largely dominated by trades with shares of BRD-Societe Generale (BRD.RO) and Fondul Proprietate...
SIF Transilvania Posts Highest Net Profit Among SIFs In June
Romanian regional investment fund SIF Transilvania (SIF3.RO) posted a net profit of 89.9 million lei (EUR21 million) in the first half of this year, compared to RON22.3 million in the same i...