Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Catalin Chelu Buys Another 8.27% In Edible Oil Maker Argus
Romanian businessman Catalin Chelu on Friday bought additional 8.27% in edible oil maker Argus Constanta (UARG.RO), for a total 8.8 million lei (EUR2 million) and reported Monday his holding...
Bucharest Industrial Space Vacancy Rate Narrows In First Half - Colliers
Industrial space rentals in Bucharest cumulated 48,100 square meters in the first year-half, similar to the figure in the same period of 2010, but the vacancy rate reached an 18-month low be...
Leu Weakens Vs Euro, Peers See Sharper Decline
The Romanian leu opened Monday slightly weaker against the euro, but its decline was reduced compared to that of other currencies in the region, following the stress testing of banks.
Bucharest Shares Open Slightly Down, In Quiet Market
The Bucharest bourse opened slightly down Monday, while investors showed reduced appetite and focused mainly on Fondul Proprietatea (FP.RO) and OMV Petrom (SNP.RO).
Fondul Proprietatea Posts RON543M Net Profit In 1H
Investment fund Fondul Proprietatea (FP.RO) posted a net profit of 543.1 million lei (EUR) in the first half of the year, compared to RON217.5 million, the bulk of earnings coming from divid...
Bucharest Blue-Chips Rally In Late Trade, BET Ends In Green
Bucharest-traded shares closed Friday in the green, after staying in red for most of the session, on a late rally of several blue-chips.
Hanalei Eyes Renewable Energy Projects Worth EUR35M In Romania
French investment fund Hanalei Finance will start construction on several renewable energy units in Romania, most likely in 2012, with an overall investment of EUR35 million, company officia...
Catalin Chelu Buys 13% In Argus For RON15M
Romanian businessman Catalin Chelu on Thursday bought a 13.3% stake in edible oil maker Argus Constanta (UARG.RO), for a total 15.25 million lei (EUR3.57 million).
Bucharest Shares Close Down, Proprietatea Drives Trades
The Bucharest bourse closed in the red Thursday, after a session-long downward evolution, while the bulk of trading focused, predictably, on investment fund Fondul Proprietatea (FP.RO).
Enel Deplores EUR187M-And-Rising Debt Owed By CFR
The debt owed by Romanian state-owned railway operator CFR to electricity distributor Enel stands at EUR187 million, Thursday said Enel Romania general manager Luca d'Agnese.
e-commerce Solutions Provider Avangate Appoints Carl Theobald As CEO
e-commerce solutions developer Avangate on Thursday said it has named Carl Theobald as president and chief executive officer, replacing Carmen Sebe, who was appointed chief operating officer...
Leu Edges Up Vs Euro, Investors Stay Cautious
The leu gained some ground against the euro early Thursday, on a market where investors remained cautious, awaiting solutions on the euro area debt crisis.