Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Den Braven Romania Posts EUR8.1M Sales In 1Q, Up 25% On Year
Sealants maker Den Braven Romania posted sales of EUR8.1 million in the first quarter of 2011, up some 25% on the year, mostly due to higher exports and a wider share on the local market, co...
Bucharest Bourse Temporarily Rejects Share Capital Slash Talks
The managing board of Bucharest bourse operator BVB (BVB.RO) Monday said it has rejected several meeting agenda amendments for April 29-30, thus temporarily opposing talks on the reduction o...
Romanian Leu Opens Flat Vs Euro, In Quiet Market
The Romanian leu opened Monday near levels seen at closing in the previous session, on a quiet market, while other currencies in the region were also holding their ground versus the euro.
Romanian Shares Open Up, Eyes On Financials
Bucharest-traded shares opened Monday with an upward tendency, on moderate activity, while most investment targeted investment fund Fondul Proprietatea (FP.RO) and the bank stocks.
Romanian Mobexpert Sees 2011 Sales Flat On Year At EUR115M
Romanian furniture group Mobexpert expects sales to stagnate in 2011, near EUR115 million, despite a 5% year-on-year decrease in first quarter sales, group owner Dan Sucu told MEDIAFAX in a...
Grup Feroviar Roman Aims For 33% Market Share In 2011
Romanian freight railroad transporter Grup Feroviar Roman, or GFR, expects to increase its market share this year to 33%, from 27% at the end of 2010, given the already concluded contracts.
SIFs' Net Asset Value Up 1.4% In 1Q, To RON7.3B
The net asset value of Romania’s five regional investment funds, or SIFs, rose 1.4% in the first quarter of 2011, to 7.291 billion lei (EUR1=RON4.0966), held back by the 0.5% decline in asse...
Romania Proprietatea Fund’s Net Assets Rise To RON16.45B In March
Romanian investment fund Fondul Proprietatea (FP.RO) on Friday reported a 2.14% increase in its net assets to 16.455 billion lei (EUR1=RON4.0966) in March, from RON16.1 billion a month earli...
Oltchim Expects Swing To RON2.1M Profit In ‘11
Romanian state-owned chemical company Oltchim Ramnicu-Valcea (OLT.RO) on Friday said it expects a switch to a profit of 2.1 million lei (EUR1=RON4.0966) this year, after four years of loss,...
OMV’s Romanian Energy Trading Unit Starts Activity
Austrian oil group OMV on Friday announced, without additional details, that its Romanian energy trading unit, OMV Trading, completed its first energy deal.
Romanian Enol Grup Bucuresti Sees ’11 Sales Up 18% YY, To RON70.8M
Romanian Enol Grup Bucuresti on Friday said it expects sales to rise 18% on the year in 2011, to 70.8 million lei (EUR1=RON4.0966), from RON60 million in 2010.
Romania Tops April Chart Of Analyst Expectations For Economic Outlook - ZEW
Financial analysts have improved their sentiment on Romania’s economic evolution over the next six months, as Romania ranks first in ZEW's April survey on Central and Eastern Europe (CEE) ec...