Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Romania Vows Before IMF To Slash Heating Aid, Bills May Soar
Romania's government committed in the latest talks with the International Monetary Fund to eliminate the thermal energy subsidy in the near future, which could increase household heating bil...
Vae Apcarom Net Profit Rises To RON0.97M In First Quarter
Romanian rolling stock maker Vae Apcarom Buzau (APC.RO) posted a net profit of 969,000 lei (EUR236000) in the first quarter, from RON216,000 in the same interval last year, according to fina...
Harsh Economic Conditions Daunt Coca-Cola Hellenic's Romanian Sales In 1Q
Coca-Cola Hellenic sale volumes dropped "by low double-digits" in Romania in the first quarter compared with the year-earlier period, because of difficult economic conditions, high unemploym...
Requests To Hike Gas Prices Are Justifiable - ANRE
Natural gas suppliers operating in Romania are entitled to request the increase of regulated prices and the use of reserves for several industrial consumers, according to a document of the l...
Santierul Naval Orsova 1Q Sales Down 15.4%, To RON13.16M
Shipyard Santierul Naval Orsova (SNO.RO) posted sales of 13.16 million lei (EUR3.26 million) in the first quarter of the year, down 15.4% from RON15.56 million in the same interval of 2010,...
Unirea Shopping Centers Evaluated At RON432M In '10
Unirea Shopping Center (SCDM.RO) evaluated its two shopping centers, in Bucharest and Brasov, at 432.2 million lei (EUR101 million) end-2010, down from RON479 million at the end of 2009.
Banca Romaneasca Might Take $50M Senior Loan From IFC
Romanian lender Banca Romaneasca seeks a $50 million senior loan from the International Finance Corporation, or IFC, to credit small- and medium-sized firms for energy efficiency and renewab...
Compa Sibiu Net Profit Quadruples To RON8.8M In First Quarter
Romanian car parts maker Compa Sibiu (CMP.RO) Monday reported a net profit of 8.8 million lei (EUR2.14 million) for the first quarter, four times higher than RON1.84 million in the same inte...
SIF Transilvania Renews Chief’s Mandate Until 2015
Regional investment fund SIF Transilvania (SIF3.RO) Monday extended by four years, until 2015, the mandate held by managing board president Mihai Fercala as general manager.
Armax Gaz 1Q Pretax Profit Falls To RON1.5M
Romanian oil and gas equipment maker Armax Gaz Medias (ARAX.RO) Monday reported a pretax profit of 1.5 million lei (EUR366,000) in January to March, 38.6% less than RON2.5 million in the sam...
Leu Ends Stronger Vs Euro, In Line With Region
The Romanian leu closed Monday stronger against the euro, following the regional trend, in a quiet market, not influenced by comments of the International Monetary Fund at the end of the rev...
Transelectrica 1Q Net Profit Triples To RON161M
Romanian state-owned power grid operator Transelectrica (TEL.RO) Monday reported a net profit of 160.8 million lei (EUR39 million) for the first quarter of the year, more than triple the res...