Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Romania Vows Quick Privatization Or Liquidation For Oltchim - Draft
Romanian chemical company Oltchim (OLT.RO) will be liquidated if the government fails to privatize it by the end of the year, according to the draft letter agreed on May 3 between local auth...
Bucharest Shares Fall, Dragged Down By Petrom
The Bucharest bourse closed down Tuesday, mainly influenced by a 3% decline in OMV Petrom (SNP.RO) shares on ex-dividend sales.
CEZ Posts EUR24.7M First Quarter EBITDA In Romania
Czech utilities group CEZ posted first-quarter earnings before interest, taxes, depreciation and amortization (EBITDA) worth CZK600 million (EUR24.7 million) in Romania from production, trad...
E.ON Gaz Distributie Outsources Household Index Reading In RON18M Deal
Romanian gas distributor E.ON Gaz Distributie concluded a three-year contract worth 18 million lei (EUR4.3 million) with Adrem Invest Bucuresti, for household index reading services in nine...
Wizrom 1Q Revenue Up 7.1% On Year To EUR1.5M
Romanian software provider Wizrom posted a 7.1% increase in first quarter revenue, to EUR1.5 million from EUR1.4 million in the year-earlier period, the company said Tuesday.
Austrian Ambassador To Bucharest Pleas For Gas Price Liberalization
Romania should free the energy market, since transparent pricing is the only way to draw foreign investment on this segment, Tuesday said Michael Schwarzinger, Austrian Ambassador to Buchare...
C&A To Launch Three New Stores In Iulius Group's Malls
Dutch apparel retailer C&A will launch three stores cumulating 4,300 square meters in Romanian cities Timisoara, Suceava and Iasi, in shopping centers owned by Iulius Group, a real estate de...
IMF: Top-40 State-Owned Companies To Hire Private Managers
Romania’s largest 30 to 40 state-owned companies will have private management, and the government will employ an internationally acknowledged head hunting firm for executive selection, accor...
Oltchim Needs Strong Privatization Partner - GM
Romanian chemical company Oltchim Ramnicu-Valcea (OLT.RO) should be sold to a solid company, which considers the chemical plant's strategic importance and which would act to the benefit of e...
Romania Applies To EIB For CO2 Storage Projects Funding
Romania submitted Monday with the European Investment Bank the literature of two demonstrative carbon dioxide storage projects, in a bid to secure non-refundable EU money.
IMF: Romanian Industrial Gas Prices To Rise Under New Calculation Formula
The price of gas delivered to corporate clients is set to rise since the Romanian government has pledged to change the tariff calculation formula, aligning it with international evolutions,...
Holcim Romania Appoints New Head Of Concrete, Aggregates Unit
Construction materials maker Holcim Romania on Tuesday said it has recently appointed Bogdan Dobre as manager of the concrete and aggregates division, replacing Anastas Dimovski whom moved t...