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Andrei Cîrchelan

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

Romsym Data Posts 7% Rise In ’10 Sales, To EUR5.9M

Romanian software distributor Romsym Data on Monday reported a 7% increase in sales last year, to EUR5.9 million, from EUR5.5 million in 2009, mainly due to higher exports and a widened rang...

Andrei Cîrchelan · 11.04.2011 · 14:41 · 1 min
Energy

Hidro Este Plans RON66M Hydro Plants In C Romania

Romanian company Hidro Este plans to invest 65.9 million lei (EUR1=RON4.1084) in several micro-hydropower plants in the southern Romanian county Valcea, according to a company announcement.

Andrei Cîrchelan · 11.04.2011 · 14:26 · 1 min
Real Estate

Ana Holding To Start Construction Of Office Project In N Bucharest

Construction works on Bucharest office building Ana Tower will start within 3-6 months, with a total investment of EUR70 million, said businessman George Copos, the owner of Ana Holding grou...

Andrei Cîrchelan · 11.04.2011 · 13:27 · 1 min
Capital Market

CNVM Sees 2011 Revenue Up 45% On The Year, To RON60M

Romanian securities regulator CNVM expects revenue of 59.8 million lei (EUR1=RON4.1146) in 2011, up 45% on the year, on higher turnover on the capital market and estimated increase in the va...

Andrei Cîrchelan · 08.04.2011 · 16:46 · 1 min
Automotive

Lukoil Romania Follows Fuel Price Moves With RON0.06/Liter Hike

Oil company Lukoil Romania on Friday raised its pump prices by 0.06 lei (EUR1=RON4.1146) per liter, after competitors OMV Petrom (SNP.RO) and Rompetrol announced price increases by RON0.09 p...

Andrei Cîrchelan · 08.04.2011 · 15:53 · 1 min
Energy

Rompetrol Ups Fuel Pump Prices By RON0.09/Liter

Romanian fuel distributor Rompetrol Downstream on Friday increased pump prices for diesel oil and gasoline by 0.09 lei (EUR1=RON4.1146) per liter, on the same day that OMV Petrom (SNP.RO) up...

Andrei Cîrchelan · 08.04.2011 · 15:52 · 1 min
Energy

Petrom Sets Tone For New Fuel Price Hikes With RON0.09 Raise

Romania’s largest oil company OMV Petrom (SNP.RO) Friday raised its gasoline and diesel oil pump prices by 0.09 lei (EUR1=RON4.2065) per liter, which could trigger similar increases from oth...

Andrei Cîrchelan · 08.04.2011 · 15:52 · 1 min
Energy

Power Plant Craiova Seeks RON50M Loan

Romanian state-owned power producer Craiova on Friday said it seeks a 50 million lei (EUR1=RON4.1146) loan for working capital between 2011 and 2012.

Andrei Cîrchelan · 08.04.2011 · 14:19 · 1 min
Energy

Green Certificate Scheme To Hike Power Prices By 5%-7% - Watchdog

Romania’s state aid scheme for renewable energy might increase electricity production prices by 5%-7%, local energy watchdog ANRE said Thursday.

Andrei Cîrchelan · 07.04.2011 · 16:02 · 1 min
Energy

Romania Still Plans To Create Energy Champions - Official

Romania has not yet given up the idea of creating two national energy champions, and it is currently evaluating alternative solutions to this end, an Economy Ministry official said Thursday.

Andrei Cîrchelan · 07.04.2011 · 14:42 · 1 min
Energy

Romania Plans Selling Excess Green Certificates To Other States

Romania plans to sell its excess green certificates to another state, economy ministry official Alexandru Sandulescu told an energy seminar Thursday.

Andrei Cîrchelan · 07.04.2011 · 14:41 · 1 min
Energy

Romania Jan-Feb Pwr Output +1.5% On Yr, Energy Resources -1%

Romania’s power output rose 1.5% on the year in January to February, while the country’s total energy resources dropped 1%, the National Statistics Institute said Thursday.

Andrei Cîrchelan · 07.04.2011 · 14:41 · 1 min