Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Leu Opens Flat Vs Euro, In Quiet Trading
The leu opened almost flat versus the euro Friday, with minor oscillation within the first hour of trading, while other currencies in the region were stable as well.
Shares Open Up, Eyes On Alro
The Bucharest bourse opened Friday slightly in the green, while smelter Alro Slatina (ALR.RO) became the top-traded issuer early in the session after Russian Vimetco announced plans to sell...
Bucharest Has EUR300M Worth Of Tradable Property - DTZ Echinox
Realty projects currently available in Bucharest could generate transactions worth more than EUR300 million, Thursday said Cristian Ustinescu, investment director at real estate consultancy...
MOL Romania Market Share Widens, Despite Sales Stagnation
The sales of Hungarian oil group MOL stagnated in the first quarter in Romania, compared to the same interval of 2010, but its market share registered a slight increase, the company said Thu...
Board President Buys 3.3% Stake In VES Sighisoara
The managing board president of stoves and pots maker VES Sighisoara (VESY.RO), Alexandru Farcas, bought Thursday a 3.3% stake in the company, through Chimsport Orastie, upping its stake to...
NEPI Portfolio Includes 33 Properties Worth EUR313.7M - Prospectus
South African property investment fund New Europe Property Investments (NEPI) has a portfolio which includes 33 properties worth a total EUR313.7 million, according to the company’s prospect...
OMV Lists Boycotts, Litigation, Antitrust Probe As Risks In Romania
Austrian oil and gas group OMV on Thursday listed a series of risks faced by Romanian OMV Petrom (SNP.RO), including gas station boycotts triggered by price hikes, litigation with past or cu...
Petrom Boosts Natural Gas Output
Romania's largest oil company OMV Petrom (SNP.RO) Thursday said it has increased natural gas production following investment in redevelopment at several mature reservoirs and the start of fi...
OMV Petrom Risks Losing Business Unless Exploration Licenses Renewed In September
Oil and gas company OMV on Thursday said it may face adverse conditions in Romania and its sales might decrease if mineral resources regulator ANRM fails to renew OMV Petrom's (SNP.RO) explo...
Bucharest Shares End Slightly Down, SIFs Buoy
The Bucharest bourse closed Thursday slightly down, on higher traded values, while the five regional investment funds offset a decline larger than 2% of Fondul Proprietatea (FP.RO) shares to...
Patriciu Launches First Macro Store In Brasov
Romanian businessman Dinu Patriciu on Thursday inaugurated the first unit of retail chain Macro, which required an investment of more than EUR500,000.
Bluehouse Capital Seeks New Property Deals In Romania
Greek Bluehouse Capital, which holds several office buildings, shopping centers and plots in Bucharest, will continue to acquire real estate projects in Romania, focusing on retail parks and...