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Andrei Cîrchelan

Fields
Capital Market, Energy, Real Estate
Writing for ZF since
2011
Articles
1.882
Oltchim To Start Petrochemistry Operations At Arpechim By End-May
Energy

Oltchim To Start Petrochemistry Operations At Arpechim By End-May

Romanian state-owned chemical plant Oltchim (OLT.RO) on Monday said it will start by the end of May the first petrochemistry installation at the Arpechim refinery, following an investment of...

Andrei Cîrchelan · 23.05.2011 · 17:22 · 1 min
Real Estate

CA Immo's Romanian Assets Valued At EUR444M

The market value of assets owned by CA Immo in Romania reached EUR444 million after the takeover of Europolis, according to company data.

Andrei Cîrchelan · 23.05.2011 · 17:13 · 1 min
Colliers: Bucharest Retail Rents Stay Among The Lowest In EMEA
Real Estate

Colliers: Bucharest Retail Rents Stay Among The Lowest In EMEA

Bucharest retail rents remained some of the lowest in the Europe, Middle East and Africa region over the past six months, according to real estate consultants Colliers.

Andrei Cîrchelan · 23.05.2011 · 17:12 · 1 min
Bancpost's Chief Economist Moves To UniCredit Tiriac - Sources
Banks-Insurance

Bancpost's Chief Economist Moves To UniCredit Tiriac - Sources

Bancpost chief economist Dan Bucsa will move to UniCredit Tiriac Bank as chief economist starting June, replacing Rozalia Pal who went on maternity leave, people close to the matter told MED...

Andrei Cîrchelan · 23.05.2011 · 16:14 · 1 min
Capital Market

UPDATE: NEPI Could Be Listed On Bucharest Bourse Next Week

South African property investment fund NEPI might be listed on the Bucharest bourse next week, and the operation's brokers--BCR and Intercapital Invest--are already planning a road show, BCR...

Andrei Cîrchelan · 23.05.2011 · 15:55 · 1 min
Building A House In Bucharest Suburbs Costs Less Than EUR80,000
Real Estate

Building A House In Bucharest Suburbs Costs Less Than EUR80,000

Building a 100-square meter house near Bucharest costs between EUR58,000 and EUR80,000, since the economic crisis slashed construction and plot prices, according to a study of Romanian realt...

Andrei Cîrchelan · 23.05.2011 · 13:59 · 1 min
Banks-Insurance

Most Urban Romanians Remain Wary Of Large Acquisitions - Poll

A recent poll by Romanian research firm ISRA Center Marketing Research shows that only a handful of Romanians in urban areas plan to buy a home or a car within the next 12 months.

Andrei Cîrchelan · 23.05.2011 · 13:26 · 1 min
Fabryo Names Dragos Militaru As Chief Marketing Officer
HR

Fabryo Names Dragos Militaru As Chief Marketing Officer

Romanian paint and lacquer producer Fabryo Corporation recently appointed Dragos Militaru, former marketing and sales manager of UPC Romania, as chief marketing officer, starting May.

Andrei Cîrchelan · 23.05.2011 · 12:51 · 1 min
Capital Market

Bucharest Shares Inch Up After Eventless Session

The Bucharest bourse closed Friday with a slight increase, while activity in the market narrowed drastically.

Andrei Cîrchelan · 20.05.2011 · 17:22 · 1 min
Enel: Romania Needs Energy Competition, Not Full Privatization
Energy

Enel: Romania Needs Energy Competition, Not Full Privatization

Romanian authorities need not privatize all energy companies or electricity producers, but the segment needs true competition, Friday said Luca D’Agnese, president of Enel Romania.

Andrei Cîrchelan · 20.05.2011 · 16:18 · 1 min
Two Enel Romania Units To Pay Dividend Worth A Total EUR32.5M
Energy

Two Enel Romania Units To Pay Dividend Worth A Total EUR32.5M

Two of the three electricity distributors held by Italian Enel in Romania will pay dividends worth a total EUR32.5 million, namely 60% of the net profit achieved by the companies in 2010.

Andrei Cîrchelan · 20.05.2011 · 14:21 · 1 min
Capital Market

Board President Ups Stake In VES Sishisoara To 45.13%

The managing board president of Romanian stoves and pots maker VES Sighisoara (VESY.RO), Alexandru Farcas, on Friday announced the purchase of another 13.4% in the company, through Chimsport...

Andrei Cîrchelan · 20.05.2011 · 13:11 · 1 min