Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
JLL: Romanians Still Can’t Afford New Apartments
New apartment prices are still too high for Romanians, while developers are getting signals that they can no longer count on government support, real estate consultancy firm Jones Lang LaSal...
PwC: More Renewable Energy Deals In Romania Once Legislation Becomes Clearer
European companies might seek to invest in conventional energy in Romania, but most transactions in the power market will focus on renewable energy production units, especially after legisla...
Shares Close Down, Transgaz Drops 7%
The Bucharest bourse closed Monday clearly in the red, on a lower traded value, with most transactions targeting investment fund Fondul Proprietatea (FP.RO).
MOL Appoints New CEO At Romanian Unit
Hungarian oil and gas group MOL appointed Sunday Kinga Ágnes Daradics as chief executive officer and country retail manager of the Romanian subsidiary, replacing Szabolcs Ferencz.
Romanian 1Q Real Estate Investment Doubles Year-On-Year, To EUR200M
Real estate investment activity in the first quarter cumulated some EUR200 million in Romania, double the level seen in the same interval of 2010, mostly boosted when CA Immo took over the E...
Transgaz Calls New Shareholder Meeting, Proposes Same Dividend
The managing board of state-owned gas transporter Transgaz (TGN.RO) called a shareholder meeting for June 9, proposing the same value of dividend rejected Friday by the Economy Ministry, whi...
Mechel Campia Turzii Plans Swing To RON12.2M Profit In 2011
Romanian smelter Mechel Campia Turzii (INSI.RO) estimates to swing to a net profit of 12.2 million lei (some EUR3 million) this year, from a loss of RON76.8 million in 2010, the company said...
Ropharma Expects RON14.3M Pretax Profit In 2011
Romanian medicine distributor Ropharma Brasov (RPH.RO) on Monday said it expects a gross profit of 14.3 million lei (EUR3.5 million) this year, compared to RON13.3 million in 2010.
SIF Transilvania Posts RON23.8M Net Profit In 1Q
Romanian regional investment fund SIF Transilvania (SIF3.RO) Monday reported a net profit of 23.78 million lei (EUR5.82 million) for the first quarter, compared to a loss of RON3.56 million...
Asking Prices For Bucharest Apartments Down 13% On Year In April
The average asking prices for apartments in Bucharest dropped 13% on the year in April, realty ads portal anunturiparticulari.ro said Monday.
Romanian Petrolexportimport Expects RON0.5M Loss In 2011
Romanian fuel distributor Petrolexportimport Bucharest (PEI.RO) on Monday said it expects to narrow its net loss to 520,000 lei (some EUR128,000) this year, from RON1.5 million in 2010.
Teraplast Expects Net Profit To Rise At RON15.4M In 2011
Romanian plastic systems maker Teraplast (TRP.RO) expects a net profit of 15.4 million lei (EUR3.8 million) this year, up from RON6.4 million in 2010, following a 15% rise in revenue, the co...