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
Raiffeisen Romania CEO Eyes Proprietatea Board Seat
Capital Market

Raiffeisen Romania CEO Eyes Proprietatea Board Seat

Elections for a seat on the Board of Representatives at investment fund Fondul Proprietatea (FP.RO) have drawn seven candidacies so far, including that of Steven van Groningen, chief executi...

Andrei Cîrchelan · 21.03.2012 · 16:14 · 1 min
Reff & Asociatii Assisted Transactions Worth EUR1B In 2011
Companies

Reff & Asociatii Assisted Transactions Worth EUR1B In 2011

Romanian law firm Reff si Asociatii assisted clients in transactions worth a total EUR1 billion last year, the company said Wednesday in a news release.

Andrei Cîrchelan · 21.03.2012 · 14:49 · 1 min
Romanians Bought 1.7 Billion Liters Of Beer In 2011
Retail&Consumer

Romanians Bought 1.7 Billion Liters Of Beer In 2011

Beer sales cumulated some 17 million hectoliters last year in Romania, the same as in 2010, according to data presented Wednesday in a news conference by beer maker association Berarii Roman...

Andrei Cîrchelan · 21.03.2012 · 13:04 · 1 min
Peek&Cloppenburg To Launch Second Romanian Store
Retail&Consumer

Peek&Cloppenburg To Launch Second Romanian Store

High-end German retailer Peek&Cloppenburg (P&C) will launch its second Romanian store next week, within the Maritimo Shopping Center of seaside city Constanta.

Andrei Cîrchelan · 21.03.2012 · 12:37 · 1 min
Capital Market

Bucharest Stocks Open Up, Market Stays Inert

The Bucharest bourse opened Wednesday with a modest increase, on very reduced activity, as investors remain passive.

Andrei Cîrchelan · 21.03.2012 · 11:14 · 1 min
Capital Market

Leu Opens Flat Vs Euro, Amid Market Apathy

The Romanian leu opened roughly flat against the euro Wednesday, on low traded volumes, as the regional markets were also quiet.

Andrei Cîrchelan · 21.03.2012 · 11:09 · 1 min
Zentiva Romania To Pay Dividends Of RON33.8M, More Than 2011 Preliminary Profit
Health

Zentiva Romania To Pay Dividends Of RON33.8M, More Than 2011 Preliminary Profit

Drug maker Zentiva Romania (SCD.RO) plans to pay dividend worth a total 33.85 million lei (EUR7.7 million) for 2011, even though preliminary reports point to a net profit of RON31.56 million...

Andrei Cîrchelan · 21.03.2012 · 11:01 · 1 min
Capital Market

Bucharest Stocks Close Down, Eyes On SIFs

The Bucharest bourse closed Tuesday with a decrease, on very low traded values, while most of the activity focused on investment fund Fondul Proprietatea (FP.RO) and the five regional invest...

Andrei Cîrchelan · 20.03.2012 · 17:23 · 1 min
Armonia Mall To Be Auctioned Off Starting At EUR25M
Real Estate

Armonia Mall To Be Auctioned Off Starting At EUR25M

Bankrupt mall Armonia, in eastern Romanian town Braila, will be auctioned off in April, with a starting price of EUR25.03 million, as creditor Volksbank hopes to recover some of the EUR28 mi...

Andrei Cîrchelan · 20.03.2012 · 16:57 · 1 min
Energy

Employees To Have Access To Electrica Stock By Yearend

Employees of Romanian power producer Electrica SA will be able to buy stock in the company’s privatized units by the end of this year, within a process that has been postponed since 2005, ec...

Andrei Cîrchelan · 20.03.2012 · 16:31 · 1 min
Bode: Energy Price Deregulation To Start In September
Energy

Bode: Energy Price Deregulation To Start In September

The gradual removal of electricity price regulation will only involve one stage for this year, as the market is 15% deregulated for industrial consumers in September, according to Economy Mi...

Andrei Cîrchelan · 20.03.2012 · 16:20 · 1 min
Bucharest Court Allows Insolvency At Laguna Residence
Real Estate

Bucharest Court Allows Insolvency At Laguna Residence

The Bucharest court allowed an insolvency claim filed by a creditor against residential complex Laguna Residence, developed by Spanish GEA International Development.

Andrei Cîrchelan · 20.03.2012 · 16:00 · 1 min