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Andrei Cîrchelan

Fields
Capital Market, Energy, Real Estate
Writing for ZF since
2011
Articles
1.882
EU-Funding Unlikely For Thermal Rehabilitation – Minister
Real Estate

EU-Funding Unlikely For Thermal Rehabilitation – Minister

Romanian development minister Cristian Petrescu on Friday said there is little chance for the thermal rehabilitation of buildings to receive EU funding, which means the ministry will have to...

Andrei Cîrchelan · 02.03.2012 · 16:12 · 1 min
ARACO: Romania’s Construction Market Down 4% In 2011, To EUR9.3B
Companies

ARACO: Romania’s Construction Market Down 4% In 2011, To EUR9.3B

Romania’s construction market dropped 4% last year, to EUR9.3 billion, from EUR9.7 billion, and this year it could reach EUR9.3-9.5 billion in best-case scenario, according to construction e...

Andrei Cîrchelan · 02.03.2012 · 16:00 · 1 min
Capital Market

CNVM Fines Former Bourse Head After Structured Products Trading Probe

Romanian securities regulator CNVM issued fines against former bourse operator chief Valentin Ionescu and BCR trading chief Valerian Ionescu, following an analysis on the trades performed wi...

Andrei Cîrchelan · 02.03.2012 · 14:18 · 1 min
Capital Market

Bucharest Stocks Close Up, Eyes On Financials

The Bucharest bourse closed Thursday with an increase, on high traded values, with the bulk of activity focusing on investment fund Fondul Proprietatea (FP.RO).

Andrei Cîrchelan · 01.03.2012 · 17:20 · 1 min
Tenaris Buys Romanian Plant From US Cameron
Energy

Tenaris Buys Romanian Plant From US Cameron

The Tenaris group on Thursday said it has bought one of the two production units owned by US oil and gas equipment maker Cameron.

Andrei Cîrchelan · 01.03.2012 · 15:21 · 1 min
Retail&Consumer

Retailer METRO Romania Starts Franchise Program For Small Stores

Retailer METRO Cash & Carry Romania on Thursday announced the launch of a franchise program for small independent retailers from traditional commerce, which will receive training, consultanc...

Andrei Cîrchelan · 01.03.2012 · 12:59 · 1 min
Capital Market

Bucharest Stocks Open Up, Eyes On Financials

The Bucharest bourse opened Thursday with an increase, on high traded values, with the large part of activity focusing on investment fund Fondul Proprietatea (FP.RO).

Andrei Cîrchelan · 01.03.2012 · 11:58 · 1 min
Capital Market

Leu Opens Flat Vs Euro, In Still Market

The Romanian leu opened Thursday flat against the euro, with little to no trading in the market, while other currencies in the region were seeing a similar pattern of evolution.

Andrei Cîrchelan · 01.03.2012 · 11:12 · 1 min
Macroeconomics

INS: Romania January Unemployment Rate Dips To 7.2%

Romania's unemployment rate was at 7.2% in January, down from 7.5% in the previous month, seasonally adjusted data from the statistics institute INS showed Thursday.

Andrei Cîrchelan · 01.03.2012 · 10:14 · 1 min
Capital Market

Bucharest Stocks Close Up, Trading Picks Up

The Bucharest bourse closed Wednesday with an increase, on higher traded values, while the bulk of investment focused on the main investment funds.

Andrei Cîrchelan · 29.02.2012 · 17:07 · 1 min
Companies

ArcelorMittal Reduces Production Because Of Delivery, Supply Problems

Steel processor ArcelorMittal Galati on Wednesday announced it has reduced production because ice is blocking the navigable ways on the Danube, which poses difficulties in deliveries and raw...

Andrei Cîrchelan · 29.02.2012 · 16:42 · 1 min
Gas Price Liberalization Will Not Hike Prices Too Much – Economy Ministry Official
Energy

Gas Price Liberalization Will Not Hike Prices Too Much – Economy Ministry Official

The liberalization of gas prices, requested by the International Monetary Fund and the European Commission, will not result in a strong increase of fees, to import levels, since purchase pow...

Andrei Cîrchelan · 29.02.2012 · 16:09 · 1 min