Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Raiffeisen Banca Pentru Locuinte Appoints New President
The supervisory board of mortgage lender Raiffeisen Banca pentru Locuinte appointed Aurelia Cionga as president, while also promoting Stelian Stanga as vice-president in charge with operatio...
Economy Ministry Radicalizes Stance On “Wise Guy” Deals In Energy
Authorities will terminate the bilateral contracts concluded by Romanian state-owned hydropower producer Hidroelectrica with the so-called “wise guys”, if the energy buyers refuse new terms,...
Metro Cash&Carry Romania 2011 Sales Down 7% To EUR1.06B
Metro Cash & Carry Romania reported a 7% decline in its 2011 sales, to EUR1.06 billion, the German retail group said in its financial report Tuesday.
Bostina & Asociatii Spins Off Fiscal Consultancy Arm
Romanian law firm Bostina & Asociatii on Tuesday announced it will give up its fiscal consultancy and audit unit, with a plan to focus on advocacy.
Bucharest Stocks Open Down, In Sleepy Market
The Bucharest bourse opened Tuesday on a downward trend, with little to no trading in the market.
Leu Opens Flat Vs Euro, On Low Volumes
The Romanian leu opened nearly flat against the euro Tuesday, in a quiet market with low traded volumes.
Bucharest Stocks End Down, Azomures Stays In Green
The Bucharest bourse closed down Monday, but Azomures (AZO.RO), which was one of the moust sought after stocks, remained on the positive side.
Romanian Government Retains Right To Block High Pricing For Energy
The Romanian government has reserved the right to limit and even block an “excessive” growth of electricity prices, for an extendable interval of up to six months, through setting a price ce...
AFI Europe Posts EUR23.85M Rental Revenue From Romania In 2011
Realty developer AFI Europe collected EUR23.85 million last year from rents in the AFI Palace Cotroceni mall in Bucharest, roughly similar with EUR23.7 million in 2010, according to the comp...
Salrom Posts Record EUR66.1M Sales In 2011
Romanian state-owned salt mining company Salrom posted 13.5% higher sales in 2011, at EUR66.1 million, the highest turnover ever seen by the company, Salrom said Monday in a news release.
Leu Opens Flat Vs Euro, Central Bank Presence Felt
The Romanian leu opened flat against the euro Monday, prompting dealers to suspect the continued presence of the central bank in the market, since the leu was trading at weaker levels agains...
Bucharest Stocks Open Down, Eyes On Azomures
The Bucharest stock exchange was a downward trend in early trade Monday, after opening in green, with chemical company Azomures (AZO.RO) leading the charts after the competition authorities...