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

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

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 · 12:20 · 1 min
Capital Market

Romanian Leu Opens Weaker Vs Euro, In Line With Region

The Romanian leu opened Tuesday slightly weaker against the euro, in line with other currencies in the region, affected by negative sentiment following the new earthquakes in Japan, which re...

Andrei Cîrchelan · 12.04.2011 · 11:40 · 1 min
Capital Market

Romanian Shares Open Down, On Moderate Trading

The Bucharest bourse opened Tuesday in the red, on reduced trading values, while the bulk of activity focused on investment fund Fondul Proprietatea (FP.RO) and the five regional investment...

Andrei Cîrchelan · 12.04.2011 · 10:58 · 1 min
Energy

China Huadian Engineering Mulls Energy Investment In Romania

China Huadian Engineering plans to invest in Romanian energy production, especially mining and coal-based power plants, the local Economy Ministry said late Monday after talks with the Chine...

Andrei Cîrchelan · 12.04.2011 · 10:56 · 1 min
Capital Market

Romanian Open-End Funds Post RON578M Net Subscriptions In 1Q

Net subscriptions in Romanian open-end investment funds were at 578.4 million lei (EUR1=RON4.1084) in the first three months of 2011, almost triple from RON196.9 million in the previous quar...

Andrei Cîrchelan · 11.04.2011 · 18:23 · 2 min
Capital Market

Romanian Shares Close Down, Amid Dull Trading

The Bucharest bourse closed Monday in the red, on low traded volumes, while the bulk of activity focused on investment fund Fondul Proprietatea (FP.RO), oil company OMV Petrom (SNP.RO) and t...

Andrei Cîrchelan · 11.04.2011 · 17:49 · 1 min
Retail&Consumer

Medicover Romania Appoints Bogdan Pana As Executive Manager

Swedish healthcare provider Medicover on Monday said it has appointed Bogdan Pana as executive manager over its Romania operations, starting April 1.

Andrei Cîrchelan · 11.04.2011 · 16:44 · 1 min
Energy

Catalan Electric Plans RON46M Wind Farm In NE Romania

Romanian realty developer Catalan Electric plans to invest 46.3 million lei (EUR1=RON4.1084) in a 9 MW wind farm project that will be partly financed from European funds, according to a comp...

Andrei Cîrchelan · 11.04.2011 · 16:32 · 1 min
Energy

Lukoil Romania Ups Fuel Prices By RON0.03/Liter To Match Competitors' Raises

Lukoil Romania on Monday raised its pump prices by 0.03 lei (EUR1=RON4.1084) per liter, after a RON0.06/liter increase on Friday, and matched the price hikes of its main competitors OMV Petr...

Andrei Cîrchelan · 11.04.2011 · 16:30 · 1 min
Capital Market

Romania’s Two Bourses Should Not Merge - Sibex Future Chief

A merger between the Sibiu and Bucharest bourses would not benefit the Romanian stock market, since monopolies are not welcome in capitalism, Monday said Patrick Lyle Young, the future gener...

Andrei Cîrchelan · 11.04.2011 · 16:25 · 1 min
Energy

Lukoil Romania To Sell Electricity For $17.6M In 2011

Lukoil Energy & Gas Romania, the energy division of Russian-owned Lukoil Romania, expects revenue of $17.6 million this year from selling the electricity it produces at a power plant located...

Andrei Cîrchelan · 11.04.2011 · 15:38 · 1 min
Real Estate

Bucharest Office, Retail Yields Down By 25 Bps In 1Q - CBRE

Office and retail yields in Bucharest continued to drop in the first quarter of the year to 8.75%, and 10.25% respectively, while rents remained constant, property consultants CB Richard Ell...

Andrei Cîrchelan · 11.04.2011 · 15:28 · 1 min