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

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Andrei Cîrchelan

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

Drug Wholesaler Ropharma 1Q Net Profit Inches Down To RON6.07M

Romanian medicine wholesaler Ropharma Brasov (RPH.RP) posted a net profit of 6.07 million lei (EUR1.48 million) in the first quarter, close to RON6.09 million in the same interval of the pre...

Andrei Cîrchelan · 13.05.2011 · 13:43 · 1 min
European Eye Center Launches $20M Hospital In Bucharest
Health

European Eye Center Launches $20M Hospital In Bucharest

Turkish-owned European Eye Center on Friday launched a private ophthalmology hospital in Bucharest, after an investment of $20 million.

Andrei Cîrchelan · 13.05.2011 · 13:20 · 1 min
Capital Market

Bucharest Shares Close Down, Despite Last-Ditch Thrust For The Green

The Bucharest bourse closed Thursday slightly in the red, after staying deep in negative territory for most of the session, with investment fund Fondul Proprietatea (FP.RO) stocks recovering...

Andrei Cîrchelan · 12.05.2011 · 17:10 · 1 min
Energy

Romanian ACK To Build EUR70M Wind Farm In NE County Iasi

Romanian Pascani-based ACK plans to build a EUR70 million wind farm in northeastern country Iasi, the company announced.

Andrei Cîrchelan · 12.05.2011 · 16:52 · 1 min
Companies

RTC's TCE Holding Posts 10% Higher Sales In 1Q, At EUR4.9M

Romanian logistics and courier firm TCE Holding, part of the RTC group, posted a 10% year-on-year increase in its first quarter sales, to EUR4.9 million, mainly based on postal services.

Andrei Cîrchelan · 12.05.2011 · 16:37 · 1 min
Dinu Patriciu's Property Firm Sells Sweden Portfolio To Focus On Other Markets
Real Estate

Dinu Patriciu's Property Firm Sells Sweden Portfolio To Focus On Other Markets

Dinu Patriciu Global Properties (DPGP), owned by Romanian businessman Dinu Patriciu, sold seven office buildings in Sweden, with a total surface of 75,000 sqm, to Swedish Hemfosa Fastigheter...

Andrei Cîrchelan · 12.05.2011 · 16:36 · 1 min
Dinu Patriciu To Launch Macro Network Next Week
Retail&Consumer

Dinu Patriciu To Launch Macro Network Next Week

Romanian businessman Dinu Patriciu on Thursday said he will launch next week the Macro store chain, after rebranding the miniMax Discount chain, which he bought in August 2010.

Andrei Cîrchelan · 12.05.2011 · 16:15 · 1 min
Energy

OMV Petrom Outsources Logistics To Gebruder Weiss In EUR9.6M Deal

Austrian transport and logistics firm Gebruder Weiss concluded a EUR9.6 million contract (plus VAT) with Romanian oil company OMV Petrom (SNP.RO), to supply hub operation and transport servi...

Andrei Cîrchelan · 12.05.2011 · 15:22 · 1 min
Real Estate

PwC: Romania's Construction Market Will Gain $22B By 2020

The Romanian construction market is expected to grow by $22 billion over the next 10 years, according to a study released Thursday by consultants PricewaterhouseCoopers.

Andrei Cîrchelan · 12.05.2011 · 14:22 · 1 min
Energy

Rompetrol Well Services 1Q Net Profit Rises 31.5% To RON3.43M

Romanian Rompetrol Well Services (PTR.RO), a unit of the Rompetrol group, Thursday posted a net profit of 3.43 million lei (EUR840,000) in the first quarter, up 31.5% on the year, according...

Andrei Cîrchelan · 12.05.2011 · 12:21 · 1 min
Capital Market

Bucharest Shares Open Down, Proprietatea Fund Sinks

Investment fund Fondul Proprietatea (FP.RO) drove the Bucharest stock exchange down Tuesday, in the ex-dividend date, but most of the blue-chips were falling in early session.

Andrei Cîrchelan · 12.05.2011 · 11:25 · 1 min
Banks-Insurance

Banca Carpatica 1Q Net Loss Narrows To RON13.5M

Banca Comerciala Carpatica (BCC.RO) posted a net loss of 13.5 million lei (EUR3.2 million) in the first quarter, narrower than RON57.44 million in the same period of 2010, the lender said Th...

Andrei Cîrchelan · 12.05.2011 · 11:20 · 1 min