Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
ANAF To Return VAT Worth A Total RON1.47B In July
Romania’s fiscal authority ANAF will return VAT worth a total 1.47 billion lei (EUR343 million) in July, with the first installment granted July 12.
EBRD Lends EUR110M To Hidroelectrica, For Financing Upgrades
Romanian state-owned hydropower producer Hidroelectrica signed Tuesday a EUR110 million financing contract with the European Bank for Reconstruction and Development, or EBRD, to upgrade the...
Leu Weakens Vs Euro, On Sovereign Debt Worries
The Romanian leu weakened significantly against the euro in early trade Tuesday, in line with other currencies in the region, on fears that Italy might be sucked into the euro area sovereign...
Dafora Inks EUR23M Drilling Services Deal With OMV Petrom
Romanian oil drilling firm Dafora Medias (DAFR.RO) Tuesday announced it has signed a EUR23 million frame contract with OMV Petrom (SNP.RO), for oil and gas drilling services.
Bucharest Shares Open Down, Eyes On Financials
The Bucharest bourse opened Monday in the red, continuing the downward trend seen throughout the entire previous session, with investors focusing on the financial stocks.
Boc Says Romania's Economy Will Grow 4% In 2012
Prime Minister Emil Boc said Romania’s economy is expected to grow by 1.5% to 2% this year, and by 3.5%-4% next year.
Thermal Power Producer Craiova Files For EU Funds Worth RON105M
Romanian state-owned thermal power producer CE Craiova signed last week an EU funding contract for 105 million lei (EUR24.84 million), to finance desulphurization works.
Home Prices Down 12% On Year In 1Q - INS
Romanian home prices dropped 12% in the first quarter of the year, compared to the same interval of 2010, according to the national statistics office INS data.
Bucharest Shares Close Down, Proprietatea Fund In Focus
The Bucharest bourse closed Monday clearly below par, after a session-long downward trend influenced by delcines on the international markets, while the bulk of activity targeted investment...
CEZ Distributie To Pay RON160M For Counter Reading Services
Romanian electricity supplier CEZ Distributie Craiova, a subsidiary of Czech utilities group CEZ, will allocate 158.2 million lei (EUR37.42 million) over the next four years in household cou...
Romania's Stake In Proprietatea Fund Shrinks To 19%
The Finance Ministry transferred a total 6.35% in investment fund Fondul Proprietatea (FP.RO) as compensation in June, thus reducing its stake to 18.9%, while foreign companies remained the...
Open-End Funds' Net Subscriptions At RON495M In 2Q
Net subscriptions in Romanian open-end funds dropped 14.4% in the second quarter, to 494.6 million lei (EUR116 million), from RON578.4 million in the first quarter, while investors were main...