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

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Andrei Cîrchelan

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

Shares Open Down, Amid Modest Trading

The Bucharest bourse opened Thursday with a slight decrease, with little to no activity in the market, while the bulk of trading focused on Oltchim (OLT.RO) and SIF Oltenia (SIF5.RO).

Andrei Cîrchelan · 14.07.2011 · 10:50 · 1 min
Capital Market

Bucharest Shares Close Undecided, In Sleepy Market

The Bucharest bourse closed Wednesday slightly above par, after session-long oscillation, on lackluster trading that mostly focused on investment fund Fondul Proprietatea (FP.RO).

Andrei Cîrchelan · 13.07.2011 · 17:37 · 1 min
Bucharest House Prices Overtake Belize, Antalya In Coldwell Banker Chart
Real Estate

Bucharest House Prices Overtake Belize, Antalya In Coldwell Banker Chart

House listing prices in Romanian cities Brasov and Bucharest overtook those in locations such as Antalya, Dominican Republic and Belize, in a Coldwell Banker analysis comparing similar house...

Andrei Cîrchelan · 13.07.2011 · 16:54 · 1 min
EU Greenlights Romania’s Renewable Energy Support Scheme
Energy

EU Greenlights Romania’s Renewable Energy Support Scheme

The European Commission approved Romania’s legislation supporting investment in renewable energy through green certificate incentives, norms launched in 2008, saying it complies with EU stat...

Andrei Cîrchelan · 13.07.2011 · 14:50 · 1 min
DTZ: Low Office Space Deliveries In Bucharest May Predict Higher Rents
Real Estate

DTZ: Low Office Space Deliveries In Bucharest May Predict Higher Rents

Developers delivered ten times less office space in Bucharest in the first half of this year, compared to the same period of 2010, namely 12,950 square meters, which could mean rents would g...

Andrei Cîrchelan · 13.07.2011 · 12:46 · 1 min
Retail&Consumer

Agricola Bacau's 1H Sales Rise 18% To RON240M

Romanian farming group Agricola Bacau posted first half sales of 240 million lei (EUR56 million), up 18% from RON204 million in the same interval of 2010, the company said Wednesday.

Andrei Cîrchelan · 13.07.2011 · 12:44 · 1 min
Carrefour Romania Posts 3.9% Rise In First Half Sales, To EUR555M
Retail&Consumer

Carrefour Romania Posts 3.9% Rise In First Half Sales, To EUR555M

Retailer Carrefour Romania posted first-half sales of EUR555 million, up 3.9% on the year, with greater growth seen in the second quarter, the French parent group said Wednesday in a news re...

Andrei Cîrchelan · 13.07.2011 · 10:57 · 1 min
Capital Market

Leu Opens Flat Vs Euro, Weakens Early

The leu opened nearly flat against the euro Wednesday, thus unable to recover the ground lost in the previous session, and continued to weaken early, on negative international sentiment.

Andrei Cîrchelan · 13.07.2011 · 10:50 · 1 min
Capital Market

Bucharest Shares Open Down, In Quiet Market

The Bucharest bourse opened Wednesday with a slight decline, on low traded volumes, while the bulk of activity was focused on OMV Petrom (SNP.RO) and Fondul Proprietatea (FP.RO).

Andrei Cîrchelan · 13.07.2011 · 10:44 · 1 min
Capital Market

Bucharest Bourse Closes Down, Financial Stocks Drive Trades

The Bucharest bourse closed Tuesday in the red, after underachieving throughout the entire session, with the investment funds and the bank stocks remaining the most traded securities.

Andrei Cîrchelan · 12.07.2011 · 17:37 · 1 min
Energy

Romgaz To Auction Off RON70M Rig Services Contract

Romanian state-owned gas producer Romgaz Medias will auction off, on August 19, a rig services contract worth 69.3 million lei (EUR16 million).

Andrei Cîrchelan · 12.07.2011 · 16:03 · 1 min
Real Estate

Plots Worth A Total EUR6.8B For Sale In, Around Bucharest

Plots sold in the metropolitan area of Bucharest cost a total EUR6.8 billion and they cumulate a surface of 6,600 hectares, according to a survey by realty developer Impact Developer & Contr...

Andrei Cîrchelan · 12.07.2011 · 15:32 · 1 min