Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Romanian Leu Holds Ground Throughout Session, Closes Stronger Vs Euro
The Romanian leu maintained the ground gained earlier versus the euro, closing stronger on the day, while other currencies in the region lost previous gains and were weaker in late session.
Court Allows Rompetrol Rafinare Delisting, Appeal Pending
The Bucharest Court of Appeals decided securities regulator CNVM should pay The Rompetrol Group 1 million lei (EUR1=RON4.0966) in moral damages after the blocked delisting of Rompetrol Rafin...
Romania Posts Highest Annual Inflation In EU For 8th Straight Month
Romania maintained the highest inflation in the European Union for the eighth month in a row in March, while the EU's average rate was stable at 2.7%, statistics office Eurostat said Friday.
BCR Asigurari De Viata Posts RON18.7M Pretax Profit In 2010
Romanian insurer BCR Asigurari de Viata posted a pretax profit of 18.72 million lei (EUR1=RON4.0966) in 2010, up 39.5% on the year, based on a 20.5% increase in premiums subscribed, company...
Oltchim Plans New Restructuring Scheme
Romanian state-owned chemical company Oltchim Ramnicu-Valcea (OLT.RO) plans a new restructuring scheme, since the current one is deemed too slow and ineffective, according to the agenda for...
More Shareholders Request Additional Dividend From Bucharest Bourse
Another group of shareholders in Bucharest bourse operator BVB (BVB.RO) Thursday requested the halving of share capital to 38.3 million lei (EUR1=RON4.1021), by slashing stock face value, an...
Romanian Shares Open Up, Blue-Chips Inch Down
The Bucharest bourse was slightly in the green in early trade Friday, with the bulk of trading focusing on investment fund Fondul Proprietatea (FP.RO) and the five regional investment funds,...
Romanian Leu Opens Weaker Vs Euro, Peers Hold Ground
The Romanian leu opened Friday slightly weaker against the euro, on very low traded volumes, while other currencies in the region were stable.
Romanian Shares Close Down, SIFs Dive
Bucharest-traded shares closed Thursday on a clearly downward path, after some oscillations earlier in the session, while each of the five regional investment funds, or SIFs, lost more than...
German Paint Maker Meffert Returns To Romania
German paint and varnishes maker Meffert on Thursday said it has returned to the Romanian market after a five-year absence, with plans to expand its operations through acquisitions, partners...
Romanian Flanco Opens Four New Stores In RON5M Investment
Romanian electronics retailer Flanco on Thursday said it has invested some 5 million lei (EUR1=RON4.1021) over the past month in launching four new stores across Romania.
Dedeman Launches EUR10M Store In SW Romania
Construction materials retailer Dedeman launched Thursday its 23rd store, in southwestern Romanian town Drobeta Turnu Severin, following an investment of EUR10 million.