Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
E.ON Energie Romania 1Q Gas Sales Up 3.4% YY, To 12 Mln MWh
Gas supplier E.ON Energie Romania sold 3.4% more natural gas in the first quarter, compared to the same interval of 2010, but the low sale price brought additional costs of more than 240 mil...
Software Provider Brinel Posts 60% Increase in 2010 Sales
Romanian IT solutions supplier Brinel Cluj-Napoca posted a 60% rise in sales last year, from 77 million lei (EUR18.85 million) in 2009, and managed a switch to profit.
Romanian Oltchim's Debt To Become Stock, Not History - CEO
Romania will not erase the debts owed by chemical company Oltchim (OLT.RO), but it considers turning the debt into stock, in view of privatizing the company, Oltchim general manager Constant...
Current Account Deficit Shrinks To EUR634M In First Quarter
Romania registered a current account deficit of EUR634 million in the first quarter, narrower than EUR1.5 billion in the year-earlier period, the central bank said Monday.
BNR: FDI Inflow Drops 22% In First Quarter, To EUR379M
Romanian foreign direct investment, or FDI, fell 22% to EUR379 million in the first quarter, from EUR486 million in the same period a year ago, the central bank said Monday.
Leu Opens Weak Vs Euro, Recovers Early
The Romanian leu opened Monday inches weaker against the euro, but regained its pace early in the session, in line with other currencies in the region.
Shares Open Down, Amid Low Investor Interest
The Bucharest bourse opened Monday on a downward trend, while investors showed little interest early in the session, focusing mainly on investment fund Fondul Proprietatea (FP.RO).
State-Owned Companies To Crack Down On Debtors
The International Monetary Fund asked Romania to toughen up measures taken against clients who owe considerable sums to state-owned companies, using “legal measures” against those with arrea...
Laminorul Braila Posts RON29.73M In First-Quarter Net Profit
Romanian metal alloy producer Laminorul Braila (LMRU.RO) Friday reported a net profit of 29.73 million lei (EUR7.24 million) in the first quarter, compared to a loss of RON6.03 million in th...
SSIF Broker 1Q Net Profit Up 90% To RON2.2M
Romanian brokerage firm SSIF Broker Cluj-Napoca (BRK.RO) Friday reported a net profit of 2.2 million lei (EUR536,000) for the first quarter, up 90% from RON1.2 million in the similar period...
Prospectiuni Posts Net Profit Of RON12.8M In First Quarter
Prospectiuni Bucuresti (PRSN.RO), provider of geological surveys for the gas industry, Friday reported a net profit of 12.8 million for January-March 2011, compared to RON0.95 million in the...
Brick Maker Cemacon's Net Profit Jumps To RON5.1M In 1Q
Romanian brick maker Cemacon Zalau (CEON.RO) on Friday reported a net profit of 5.1 million lei (EUR1.2 million) in the first three months, significantly more than RON20,800 in the same inte...