Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Shares Open Upwards, SIFs Lag Behind
The Bucharest bourse opened Tuesday on an upward trend, inching above par within the first hour of trading, while the five regional investment funds, or SIFs, were still in the red.
Sibex Appoints Provisional General Manager
Sibiu bourse Sibex on Monday appointed SIF Transilvania (SIF3.RO) representative Dan Simionescu as provisional president and general manager, since the Sibiu Court recently reversed a decisi...
Bucharest Shares Close Down, VES Stock Jumps
The Bucharest bourse closed Monday in the red, as investors continued to show little interest in trading and focused mainly on investment fund Fondul Proprietatea (FP.RO) and lender Banca Tr...
Vitol Buys Greenhouse Gas Permits For EUR1.63M
Romanian thermal power producer Termica Suceava sold green certificates last week to commodities trader Vitol for a total EUR1.63 million.
Survey: Land Prices Down 16% In 1Q
Owners of inner city land for residential project development in Romania continued to decrease prices in the first quarter of the year, by up to 16%, under the pressure still felt from the e...
Erste-BCR Analysis: Bucharest Bourse May Gain 15% By Yearend
The Bucharest bourse could grow by 10% to 15% this year, according to an Erste-BCR analysis, based on forecasts on private lending, the leu's exchange rates and state bond yields.
Farmec 1Q Revenue Up 15.6% To RON24.4M
Romanian cosmetics maker Farmec Cluj-Napoca on Monday reported revenue of 24.4 million lei (EUR5.9 million) in the first quarter, up 15.6% on the year, on increased sales of Gerovital produc...
CBRE: Retail Networks Expected To Drive Land Trades In 2011
Hypermarket and supermarket chains will top the activity chart on the Romanian land market in 2011 as well, since developers are focusing on projects previously frozen because of the economi...
Distributor Gaz Sud Appoints Gary Mazzotti As CEO
Romanian gas distributor Gaz Sud on Monday said it has appointed Gary Mazzotti as chief executive officer, instead of Costin Berevoianu, who left the company.
Romanian Total Electric To Invest EUR20.2M In 15-MW Wind Farm
Romanian Total Electric Buzau plans to invest EUR20.2 million in a 15-MW wind farm in southeastern Romania.
SIFs' Assets Inch Up 0.5% In April, To RON7.33B
The cumulated net assets of Romania’s five regional investment funds, or SIFs, rose 0.5% in April, to 7.33 billion lei (EUR1.78 billion) from RON7.29 billion in the previous month, with SIF...
Manpower Romania Appoints New Country Manager
Human resources firm Manpower Romania on Monday said it has appointed Valentin Petrof as country manager starting May 9.