Curs BNR — 13.11.2026 EUR 5,3498 USD 4,8428 GBP 6,4023

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Andrei Cîrchelan

Fields
Capital Market, Energy, Real Estate
Writing for ZF since
2011
Articles
1.882
Energy

GDF Suez Energy Romania To Invest RON150M In Gas Network Upgrades

GDF Suez Energy Romania will invest some 150 million lei (EUR1=RON4.1152) this year in gas network upgrades, company general manager Yvonnick David said Wednesday.

Andrei Cîrchelan · 13.04.2011 · 13:00 · 1 min
Capital Market

Several Hldrs At Bucharets Bourse Request Additional Dividend

Several shareholders of Bucharest bourse operator BVB (BVB.RO) Tuesday proposed the halving of share capital to 38.3 million lei (EUR1=RON4.1152), by slashing stock face value, and distribut...

Andrei Cîrchelan · 13.04.2011 · 12:43 · 1 min
Automotive

Romanian Aerostar To Hike Shr Cap By RON8.2M, To RON37.4M

Shareholders of Romanian plane parts maker Aerostar Bacau (ARS.RO) Wednesday agreed on a capital increase by 8.2 million lei (EUR1=RON4.1152), to RON37.4 million, a dividend payment worth a...

Andrei Cîrchelan · 13.04.2011 · 12:25 · 1 min
Capital Market

Romanian Shares Open Up, Eyes On Bourse Operator Stock

Shares traded on the Bucharest Stock Exchange opened Wednesday with a slight increase, while bourse operator BVB (BVB.RO) was the top traded issuer within the first hour.

Andrei Cîrchelan · 13.04.2011 · 11:13 · 1 min
Capital Market

Romanian Leu Opens Flat Vs Euro, Peers See Minor Shifts

The Romanian leu opened Wednesday almost flat against the euro, while other currencies in the region were also registering some insignificant oscillation.

Andrei Cîrchelan · 13.04.2011 · 11:11 · 1 min
Capital Market

Romanian Shares Close Down, SIFs Lead Decline

The Bucharest bourse closed Tuesday on a downward trend, with a sharper decline posted by the five regional investment funds, or SIFs, while almost half of trades targeted investment fund Fo...

Andrei Cîrchelan · 12.04.2011 · 17:18 · 1 min
Capital Market

Chimopar To Hike Share Capital By RON6.8M, To RON39.7M

Romanian chemical plant Chimopar Bucharest (CPR.RO) on Tuesday said it will increase its share capital by 6.8 million lei (EUR1=RON4.1152), to RON39.7 million, through cash contribution by m...

Andrei Cîrchelan · 12.04.2011 · 16:00 · 1 min
Technology &Telecoms

BenQ Romania 2010 Sales Up 40% On Year, To EUR7M

IT equipment maker BenQ posted sales of EUR7 million in Romania last year, up 40% on 2009, due to IT market recovery and the new products launched, BenQ Romania director Dragos Salamac told...

Andrei Cîrchelan · 12.04.2011 · 15:42 · 1 min
Energy

Competition Council To Complete Fuel Market Probe By Midyear

The Romanian Competition Council’s investigation of the local fuel market should be complete in the first half of the year, and the results will be sent to the European Commission, the autho...

Andrei Cîrchelan · 12.04.2011 · 14:45 · 1 min
Energy

Franklin Templeton Says Romania Could Attract EUR3.5B By Listing Nuke, Hydropower Producers

Romanian state-owned power producers Hidroelectrica and Nuclearelectrica could draw funds worth a total EUR3.5 billion when floating stock on the bourse, Monday said Greg Konieczny, manager...

Andrei Cîrchelan · 12.04.2011 · 14:13 · 2 min
Retail&Consumer

Romaqua Sees 2011 Sales Up 12% On Year, To EUR160M

Romanian soft drinks maker Romaqua on Tuesday said it expects sales to rise 12% on the year in 2011, to EUR160 million, from EUR142.5 million last year, fueled by investments in production c...

Andrei Cîrchelan · 12.04.2011 · 14:05 · 1 min
Technology &Telecoms

Asesoft Distribution Fined RON3.18M For Rushed Merger

The Romanian Competition Council has fined Asesoft Distribution with 3.18 million lei (EUR1=RON4.1084) for implementing a merger before obtaining antitrust approvals, the regulator said Tues...

Andrei Cîrchelan · 12.04.2011 · 13:36 · 1 min