Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Romania's Energy Strategy Still Relies On Coal - Economy Adviser
Romania’s energy strategy will continue to rely on coal for electricity production, Thursday said Tudor Serban, adviser to the economy minister.
Romania To Fire Over 4,300 Miners By 2018, In Sector Overhaul
Romanian national hard coal company CNH will dismiss 3,300 employees by 2018, while the national lignite company SNLO plans to dismiss 1,000 in the next few years, under Romania’s mining sec...
Prefab Invests EUR5M In 10 MW Cogeneration Plant
Romanian construction materials maker Prefab Bucuresti (PREH.RO) Thursday said it will invest EUR5 million in a cogeneration plant, to supply one of its factories, while the excess of 4 MW w...
Romanian Shares Open Up, SIFs Buck Trend
Bucharest-traded shares opened Thursday slightly in the green, but the five regional investment funds, or SIFs, were losing some 0.5% on average.
Romanian Leu Gains Inches Vs Euro, In Line With Peers
The Romanian leu opened Thursday a bit stronger versus the euro, in line with other currencies in the region, which were also posting timid gains.
Romanian Shares Close Up, Eyes On Banca Transilvania
The Bucharest bourse closed Wednesday on a rising trend, while investment fund Fondul Proprietatea (FP.RO) and lender Banca Transilvania (TLV.RO) provided almost half of the total traded val...
Romania Can Absorb Another 0.8M Sqm Of Modern Retail Space - DTZ
Shopping center developers will mainly target Central and Eastern Europe in 2011 and 2012, while Romania could still absorb some 800,000 square meters of modern retail space, propetry consul...
Comelf To Seek EU Funding Worth EUR6M For Upgrades
Shareholders of Romanian machinery maker Comelf Bistrita (CMF.RO) on Tuesday decided to draw EU funding worth EUR6 million to finance upgrade works.
Vest Energo Seeks EUR35M Loan For Investments In Power Projects
Romanian energy producer Vest Energo Bucharest (VESE.RO) plans to borrow EUR35 million for investment in electricity and thermal power production in cogeneration.
Cheque Dejeuner Romania Hikes Shr Cap By EUR2M
Food voucher issuer Cheque Dejeuner Romania increased its share capital by some 8.5 million lei (EUR1=RON4.114), from the current RON15 million, through cash contribution by sole shareholder...
Raiffeisen Recommends "Buy" For Alumil, Target Price Raised To RON1.9
Austrian financial group Raiffeisen expects the shares of Romanian aluminum systems maker Alumil Rom Industry (ALU.RO) to rise 34% within 12 months, to 1.9 lei (EUR1=RON4.114) per unit, and...
French Investors Suggest "Updated" Gas Price Would Improve Romanian Energy Sector
The French Embassy to Romania an the local French chamber of commerce CCIFER on Wednesday proposed a set of measures meant to render the local energy sector more efficient, which include the...