Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Leu Opens Flat Vs Euro, In Quiet Market
The Romanian leu opened Thursday roughly flat against the euro, in a quiet market with low traded volumes.
Nuclear Plant Operator Takes Bids For IPO Brokerage
Romanian nuclear power plant operator Nuclearelectrica on Thursday announced a May 21 deadline for bids from brokers looking to intermediate an initial public offering floating a 10% stake i...
Bucharest Stocks Close Down, SIFs Underachieve
The Bucharest stock exchange closed Wednesday with a slight increase, on low traded values, while the index tracking investment funds closed in the red.
“Wise Guy” Deal Renegotiations Near Completion – Government Spokesman
Negotiations for the reevaluation of bilateral contracts concluded by state-owned power producer Hidroelectrica are nearing completion, and the result will be announced “soon after Easter”,...
Auchan To Invest EUR55M In Coresi Retail Project In Brasov
French retail group Auchan will invest between EUR55 million and EUR60 million in the development of the Coresi retail project in central Romanian city Brasov.
Bucharest Stocks Open Slightly In The Red, SIFs Stay Down
The Bucharest bourse opened Wednesday with an oscillating trend, while trading was focusing on the shares of financial issuers, mainly Fondul Proprietatea (FP.RO) and the SIFs.
Leu Opens Down Vs Euro, Central Bank Allegedly Steps In
The Romanian leu opened Wednesday weaker against the euro, but it soon started to recover, prompting dealers to suspect an intervention from the central bank.
SIF Banat-Crisana Sells Last Shares In BCR
Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) Wednesday said that it has sold the last shares it held in lender BCR to Austrian Erste Group Bank (EBS.RO), and now it stands t...
Somaco Sees 2012 Sales Up 10% From EUR21M
Romanian construction materials maker Somaco expects sales to increase by 10%-15% this year, from EUR21 million in 2011, according to Cornel Marian, managing director of Oresa Ventures, the...
Bucharest Stocks Close Down, Attention On SIFs
The Bucharest bourse closed Tuesday with a decline, on slight improved activity, with investors focusing on the main investment funds.
Cris-Tim Sees 2012 Sales Up 25% On Year To EUR100M
Romanian meat products retailer Cris-Tim posted a 10%-15% decline in volumes sold in the first quarter this year, but it expects to reach sales worth at least EUR100 million this year, up 25...
Phillip Morris Romania Appoints New Corporate Affairs Director
Cigarette maker Philip Morris Romania on Tuesday announced the appointment of Sorana Mantho as Corporate Affairs director replacing Andrei Vasilescu, who left the company to pursue personal...