Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Oil Terminal Cuts Working Hours To Slash Costs
Romanian cargo handler Oil Terminal Constanta (OIL.RO) Monday said it will cut working hours to four days per week, implicitly reducing pay, to meet the estimated costs for the first half of...
Leu Opens Weaker On Commercial Demand For Euro
The Romanian leu weakened against the euro in early trade Monday, on higher commercial demand for hard currency in the market, but volumes were low.
Bucharest Shares Open Down, SIFs Lose Sheen
The Bucharest bourse opened down Monday, with the bulk of activity targeting investment fund Fondul Proprietatea (FP.RO) and state-owned gas transporter Transgaz (TGN.RO).
Romanian OMV Petrom Sold Green Certificates For EUR37M In 2010
Romanian leading oil company OMV Petrom (SNP.RO) sold 57% of the green certificates it received last year, at an estimated price of EUR37 million.
OMV Petrom To Put Gas Distribution Unit On Sale
Romania's largest oil company OMV Petrom (SNP.RO) will try again to sell natural gas distributor Petrom Distributie Gaze, after a failed attempt in 2008.
Bucharest Shares Close Down, Investors Jump On Fondul Proprietatea
The Bucharest bourse closed down Friday, on high traded values, following investment fund Fondul Proprietatea's (FP.RO) return to the floor after a two-day suspension for the annual sharehol...
VES Sighisoara Sees 2011 Net Profit Rising To RON1.45M
Romanian pots and stoves maker VES Sighisoara (VESY.RO) estimates a net profit of 1.45 million lei (EUR356,000) this year, compared to RON116,500 in 2010, the company said Friday.
Rompetrol Well Services To Pay RON0.015/Share Dividend
Rompetrol Well Services Ploiesti (PTR.RO), the oil services unit of the Rompetrol group, Friday said it will pay a gross dividend of 0.015 lei (EUR0.037) per share from last year's profit.
Zimtub Sees 2011 Gross Profit Slightly Up At RON0.6M
Romanian steel tubes maker Zimtub (ZIM.RO) Friday said it expects a gross profit of 594,314 lei (EUR145,865) this year, slightly higher than RON589,199 in the previous year.
BVB To Pay Dividend Of RON0.7 Per Share
Bucharest bourse operator BVB (BVB.RO) will pay a gross dividend of 0.7015 lei (EUR0.17) per share from the net profit achieved in 2010, according to a shareholder decision issued Friday.
Predeal Hotel Ski&Sky Up For Sale At EUR0.78M Starting Price
The creditors of Romanian bankrupt Grup Constructii Montaj will hold an auction to hold the Ski&Sky hotel in the mountain resort of Predeal at a starting price of almost EUR780,000, Friday s...
Romanian Contor Group Pins Bankruptcy On Flawed Management
Shareholders of Romanian measuring device maker Contor Grup (CGC.RO) held majority holder and president-general manager Tudor Caracioni responsible for the company’s bankruptcy, and replaced...