Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Bucharest Shares Close Slightly Down, Traded Values Stay Low
The Bucharest bourse closed Monday with a small decrease, while activity in the market continued to stay low, as investors are waiting for the ex-dividend dates to pass, brokers say.
Finance Ministry To Tweak Andrei Stamatian’s Appointment At CEC Bank
The Romanian Finance Ministry called a shareholder meeting at CEC Bank to appoint Andrei Stamatian as vice-president, since the central bank rejected his appointment as first vice-president,...
Cosmote Romania Appoints New Sales Operations Senior Manager
Telecom operator Cosmote Romania on Monday said it had promoted Alexandru Munteanu as Sales Operations Senior Manager starting with April 1.
Tradeville Gets Market Maker Status On Gold Derivatives
Brokers Tradeville received market maker status on the Bucharest Stock Exchange for leu denominated gold price derivatives, company general manager Mihaela Biciu said Monday.
Franks: Romania To Free Gas Prices Gradually By 2015
Romania will free the natural gas market in stages by 2013 for companies and between 2013 and 2015 for household consumers, Monday said Jeffrey Franks, the head of the IMF delegation to Roma...
Romania, EU To Discuss Local Fuel Market Probe Results, Measures
Romania will most likely complete its fuel market probe and conclusions in the second half of this year, after talks with the European Commission, people close to the matter told MEDIAFAX.
Bucharest Shares Back In Green Territory At Closing Bell
The Bucharest bourse closed up Friday, recovering the losses in the first part of the session by closing time, with investors mostly focusing of financial stocks.
Zentiva Bucuresti Eyes Higher Exports In Four-Year Plan
Romanian drug maker Zentiva (SCD.RO), part of Sanofi-Aventis, plans to increase exports 7.5 times by 2015, while production should increase by 30% in the same interval.
Sanofi-Aventis Romania Expects To Grow Faster Than Market In 2011
Pharmaceutical company Sanofi-Aventis Romania expects its sales increase this year to be higher than the market’s estimated growth of 5%, fueled by launch of new products and wider sales in...
Nabucco Construction Start Delayed To 2013
The consortium building the Nabucco gas pipeline postponed construction start by one year, until 2013, while the date of first deliveries was pushed back to 2017.
SIF Banat-Crisana 1Q Net Profit Down To RON0.3M
Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) Friday reported a first-quarter net profit of 302,000 lei (some EUR74,000), much less than RON4.6 million in the same interval o...
INS: Romania Mar Adjusted Construction Works -1.5% On Year
Romania's adjusted construction output fell 1.5% on the year in March, on decreases in all sectors, the country's statistics institute said Friday.