Curs BNR — 13.11.2026 EUR 5,3498 USD 4,8428 GBP 6,4023

Translator RO-EN

Andrei Cîrchelan

Fields
Capital Market, Energy, Real Estate
Writing for ZF since
2011
Articles
1.882
Capital Market

Mechel Targoviste 1Q Loss Narrows To RON12.6M

Romanian steel producer Mechel Targoviste (COS.RO) Friday reported a first-quarter loss of 12.6 million lei (EUR3 million), lower than RON28.7 million in the year-earlier period.

Andrei Cîrchelan · 13.05.2011 · 19:34 · 1 min
Electroaparataj 1Q Net Profit Rises To RON1.6M
Capital Market

Electroaparataj 1Q Net Profit Rises To RON1.6M

Romanian electrical equipment producer Electroaparataj Bucuresti (ELJ.RO) Friday reported a net profit of 1.6 million lei (EUR0.39 million) in the first quarter, compared to RON0.95 million...

Andrei Cîrchelan · 13.05.2011 · 19:34 · 1 min
Capital Market

TMK-Artrom Swings To RON41M Profit In First Quarter

Romanian steel pipes producer TMK-Artrom Slatina (ART.RO), part of Russian metallurgical group TMK, switched to a net profit of 41 million lei (EUR9.7 million) in the first quarter, from a l...

Andrei Cîrchelan · 13.05.2011 · 19:32 · 1 min
Capital Market

Electroputere's First-Quarter Loss Widens To RON8M

Romanian electric engines maker Electroputere Craiova (EPT.RO) Friday posted a loss of 8 million lei (EUR1.95 million) in January to March, compared to RON2.8 million in the same interval of...

Andrei Cîrchelan · 13.05.2011 · 19:01 · 1 min
Energy

Amonil Switches To RON1.3M Loss In First Quarter

Romanian chemical fertilizer maker Amonil Slobozia (AMO.RO) switched to a loss of 1.3 million lei (EUR317,000) in the first quarter, from a net profit of RON0.93 million in the corresponding...

Andrei Cîrchelan · 13.05.2011 · 19:00 · 1 min
Capital Market

SIF Oltenia 1Q Net Profit Drops 87.6% To RON0.74M

Romanian investment fund SIF Oltenia (SIF5.RO) on Friday reported a net profit of 738,000 lei (EUR180,000) in January to March, down 87.6% from RON5.9 million in the same period of 2010.

Andrei Cîrchelan · 13.05.2011 · 18:36 · 1 min
Health

Drug Maker Biofarm's 1Q Net Profit Rises 20% To RON6M

Romanian medicine maker Biofarm (BIO.RO) on Friday reported a net profit of 6 million lei (EUR1.46 million) in January to March, up 20.4% from RON4.98 million in the same interval of 2010.

Andrei Cîrchelan · 13.05.2011 · 18:25 · 1 min
Capital Market

Bucharest Shares Close Up, SIF Muntenia Keeps BET-FI In Red

The Bucharest bourse closed Friday with robust increase, but BET-FI, the index tracking the major investment funds, lost more than 1% on average, due to a dive of SIF Muntenia (SIF4.RO) shar...

Andrei Cîrchelan · 13.05.2011 · 17:36 · 1 min
Real Estate

Romanian Tulip Inn Sunny Hill Hotel On Sale For EUR6.5M

The four-star Tulip Inn Sunny Hill hotel in Romanian city Cluj-Napoca was put on sale for EUR6.5 million, plus VAT, unit owner Eugen Tusa told MEDIAFAX.

Andrei Cîrchelan · 13.05.2011 · 16:55 · 1 min
Automotive

UAMT Oradea 1Q Net Profit Decuples To RON0.15M

Romanian car parts maker UAMT Oradea (UAM.RO) on Friday reported a net profit of 154,656 lei (EUR38,000) in the first quarter of the year, more than 10 times higher than RON13,440 in the sam...

Andrei Cîrchelan · 13.05.2011 · 16:14 · 1 min
Energy

Contor Group Swings To RON1.6M Loss In First Quarter

Romanian measuring device maker Contor Group (CGC.RO), which went bankrupt early-May, posted a net loss of 1.6 million lei (EUR390,000) in the first quarter, compared to a net profit of RON7...

Andrei Cîrchelan · 13.05.2011 · 16:13 · 1 min
Energy

Carlson Ventures International Ups Stake In Oltchim To 13.9%

British investment firm Carlson Ventures International Ltd. on Thursday bought a 1.66% stake in Romanian chemical company Oltchim (OLT.RO) through a Cyprus-registered firm, raising its stake...

Andrei Cîrchelan · 13.05.2011 · 16:10 · 1 min