Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
CBRE: Retailers Still Maintain High Interest For Romanian Market
Romania ranks third of 73 countries in the world by the number of retail brand entries in 2010, in a survey of real estate consultancy firm CB Richard Ellis.
SABMiller Romania Volumes Drop 8% On The Year In 2010-2011
Brewer SABMiller’s Romanian sale volumes dropped 8% in the fiscal year 2010-2011, compared to the previous fiscal year, mainly because of the economic recession and the government’s austerit...
Shares Up In Early Trade, BET-FI Remains In Red Territory
Shares traded on the Bucharest bourse opened Tuesday with a slight increase, while BET-FI, the index tracking the regional investment funds SIFs, was held back by the decline of investment f...
Leu Opens Stronger Vs Euro, On Positive Sentiment
The Romanian leu opened stronger against the euro Tuesday, on a positive sentiment in the region following an improved outlook for industry and services in the euro zone.
Shares Fall Towards Closing Bell, Trading Value Declines
The Bucharest bourse closed down Monday, after staying in green for most of the session, with a sharper decline of the five regional investment funds SIFs.
Bucharest NH Hotel Put On Sale For EUR13M
Bucharest four-star hotel NH was put on sale Monday for EUR13 million, this being the second such attempt after the owner tried to sell it for EUR14 million two years ago.
Switch From Central Heating To Cogeneration Might Cost EUR2.5B
The replacement of central heating systems with high-efficiency cogeneration units could cost EUR2.5 billion, Monday said Dan Gheorghiu, leader of Romanian energy system design institute ISP...
Bucharest Bourse Lists New Bond Issue
The Bucharest bourse announced the listing on Tuesday of a first benchmark state bond issue for this year, worth of 500 million lei (EUR1=RON4.0966).
HeidelbergCement Sees Romanian Sales Slightly Down In 2011
German group HeidelbergCement posted a 5% year-on-year decline in its first quarter Romanian sales, mainly because of the prolonged winter and the lack of large infrastructure projects, Mond...
Billa Romania Invests EUR3M In Facelifts At Two Stores
Retailer Billa invested more than EUR3 million in remodeling two Romanian stores, in Bucharest and Timisoara, increasing the fresh food section by more than 70%, Billa Romania chief operatin...
Uton Onesti Swings To RON6.7M Loss In 2010
Romanian industrial boilers producer Uton Onesti (UTN.RO) switched to a net loss of 6.69 million lei (EUR1=RON4.0966) in 2010, from a net profit of RON300,000 the year before, according to f...
PwC: Romania Could Become Major Trade Route
Romania could become a major trade route, through the Constanta harbor on the Black Sea coast, but first it needs measures such as postponing the payment of value added tax for all importing...