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Andrei Cîrchelan

Fields
Capital Market, Energy, Real Estate
Writing for ZF since
2011
Articles
1.882
Daewoo Mangalia To Build 4 Ships In $400M Deal
Companies

Daewoo Mangalia To Build 4 Ships In $400M Deal

Southeastern Romanian shipyard Daewoo Mangalia Heavy Industries, or DMHI, will build four container carriers for Israeli group Ofer Global Holdings, under a $400 million contract, the ship o...

Andrei Cîrchelan · 19.05.2011 · 15:11 · 1 min
Romania Sticks To Plans For 1,000 MW Tarnita Power Plant
Energy

Romania Sticks To Plans For 1,000 MW Tarnita Power Plant

Romania needs to look closer at investors selected for the 1,000 MW Tarnita-Lapustesti hydropower plant that should be finished by 2019, following investments estimated at EUR1,028 billion,...

Andrei Cîrchelan · 19.05.2011 · 14:52 · 1 min
Capital Market

NEPI Admitted To Trade On Bucharest Stock Exchange

Romanian securities regulator CNVM on Wednesday approved the prospectus for the admission to trading of South African property investment fund New Europe Property Investments, or NEPI.

Andrei Cîrchelan · 19.05.2011 · 13:57 · 1 min
Analysis

Number Of Insolvencies Down 8% To 7,192 In Jan-Apr

A total number of 7,192 companies started insolvency procedures in Romania between January and April, 8% fewer than 7,820 in the same interval of 2010, according to data published Thursday b...

Andrei Cîrchelan · 19.05.2011 · 13:53 · 1 min
Real Estate

Global Finance To Start New Real Estate Development In Bucharest

Private equity firm Global Finance plans to start a real estate project this year in Bucharest’s Calea Floreasca area, and to resume development on the Global City Pipera compound.

Andrei Cîrchelan · 18.05.2011 · 17:37 · 1 min
Transelectrica Launches Transformer Station For Dobrogea Wind Farms
Energy

Transelectrica Launches Transformer Station For Dobrogea Wind Farms

Romanian state-owned power grid operator Transelectrica (TEL.RO) on Wednesday launched the Tariverde transformer station, in Constanta county, which will receive electricity from the wind fa...

Andrei Cîrchelan · 18.05.2011 · 17:28 · 1 min
Capital Market

Bucharest Bourse Falls Towards Closing On Proprietatea, Banca Transilvania Declines

The Bucharest bourse closed Wednesday slightly in the red, after a session-long stay in the green followed by decline in the endgame, mainly due to price corrections of Fondul Proprietatea (...

Andrei Cîrchelan · 18.05.2011 · 17:27 · 1 min
Profi Names Gaetan Pacton As COO
HR

Profi Names Gaetan Pacton As COO

Romanian retailer Profi Rom Food on Wednesday said it has appointed Gaetan Pacton as its new chief operating officer.

Andrei Cîrchelan · 18.05.2011 · 16:52 · 1 min
Real Estate

GE Real Estate, Helios Phoenix To Invest EUR10M In Two Logistics Parks

US GE Real Estate and Greek Helios Phoenix on Wednesday said they have completed the first phase of a 28,500-sqm logistics park in western Romanian city Timisoara, and they will soon start a...

Andrei Cîrchelan · 18.05.2011 · 16:30 · 1 min
Bosch Plans To Build New Plant In Romania
Automotive

Bosch Plans To Build New Plant In Romania

German group Bosch plans to build its second factory in Romania, in a greenfield investment, and to expand the other plant, Wednesday said Brigitte Eble, general manager of the group’s Roman...

Andrei Cîrchelan · 18.05.2011 · 15:33 · 1 min
HR

Romania Selects Consultants For EU-Funded Productivity Scheme

Romania’s Economy Ministry has selected the consultants to evaluate requests for EU funding, filed by large companies.

Andrei Cîrchelan · 18.05.2011 · 14:22 · 1 min
Analysis

Adequate Logistics Policies Could Add 150,000 New Jobs In Romania By 2025 - PwC

The enactment of adequate transport and logistics policies could add up to EUR25 billion to Romania’s gross domestic product by 2025, as well as create up to 150,000 new jobs, according to e...

Andrei Cîrchelan · 18.05.2011 · 13:46 · 1 min