Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Romania Sets RON0.46 Price Cap In Petrom Offering; It Could Get EUR610M
The secondary offer through which the Romanian Economy Ministry wants to sell 9.84% in oil company OMV Petrom (SNP.RO) will start Monday at a maximum price of 0.46 lei (EUR0.11) a share, 15%...
Romenergo Offshoot To Invest EUR80M In Energy Projects By 2015
The Bucharest-based Romenergo group created an energy production firm that will invest more than EUR80 million over the next five years, group general manager Dragos Bilteanu told MEDIAFAX.
Bucharest Shares Close Down, Proprietatea Recovers Part Of Loss
The Bucharest bourse closed Tuesday on a downward path, as the indexes stayed in red territory for the whole session, on moderate trading values.
Headhunters May Recruit Managers For Romanian State-Owned Firms
The World Bank has suggested that Romania use headhunters when recruiting for management positions in state-owned companies, Tuesday said Alexandru Sandulescu, director with the Economy Mini...
Romania Needs To Sync EU Energy Funding With Project Demands
Romania’s structural funds on energy and energy efficiency should be calculated on specific requests by companies, since interest is disproportionate between the two segments, Economy Minist...
Leu Opens Stronger Vs Euro, On Increasing Volumes
The leu gained some ground against the euro at opening Tuesday, in a quiet market, while traded volumes were showing signs of increase.
Shares Open Undecided, Eyes On Oltchim
The Bucharest bourse opened Tuesday with an oscillating tendency, on moderate trading values, while the bulk of activity was targeting chemical company Oltchim (OLT.RO) and the five regional...
Romania’s Steel Production Rises 2.3% On The Year In April
Romania’s steel production increased 2.3% in April, to 340,000 tons, from 332,000 in the same interval of 2010, according to the World Steel Association.
Communism Victim Gets 1.74% Stake In Proprietatea Fund
Property restitution agency ANRP on Friday ordered the transfer of a 1.74% stake in investment fund Fondul Proprietatea (FP.RO) from the Finance Ministry’s portfolio to that of a party disow...
Court To Rule On SIF Stake Cap Constitutionality
The Constitutional Court will decide on June 2 the constitutionality of the 1% ceiling applied to stakes in the five regional investment funds, or SIFs.
Bucharest Shares Close Down, SIFs Slump
The Bucharest bourse closed down 1% Monday, following a session-long downward trend encouraged by the blue-chips and SIFs.
Leu Eases Loss Vs Euro, Peers Weaken
The Romanian leu closed Monday weaker against the euro, after easing the decline seen throughout the session, while other currencies in the region were continuing to lose ground to the euro.