Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Liquidator CITR Manages Companies With EUR1.9B Debts, EUR430M Assets
Companies managed by liquidator Casa de Insolventa Transilvania (CITR) have debts worth a total EUR1.9 billion and assets evaluated at EUR430 million, according to company co-founder Andrei...
Gral Medical Sees 2012 Sales At EUR18.5M, Up 23% On Year
Romanian private healthcare provider Gral Medical on Wednesday said it is expecting sales of EUR18.5 million for 2012, up 23% on the year.
Holcim Romania 2011 Cement, Clinker Volumes Up 7.3% On Year
Cement maker Holcim Romania posted a 7.3% year-on-year rise in cement and clinker volumes sold in 2011, based on large urban projects and investment in infrastructure, the Swiss group said i...
Erste Posts EUR719M Loss In 2011, Despite Returning To Profit In 4Q
Austrian lender Erste Group Bank (EBS.RO) Wednesday announced a net profit after minorities worth EUR254.1 million for the fourth quarter of 2011, which cuts the net loss for the year after...
eMAG.ro 2011 Sales Rose 42% To EUR145M, Below Forecast
Romanian online store eMAG.ro Wednesday said its sales rose 42% on the year to EUR145 million in 2011, but the result was below forecasts of EUR150 million.
Heineken Romania Posts RON1B Sales For 2011, Up 11.5% On Year
Brewer Heineken Romania on Wednesday announced sales of 1.04 billion lei (EUR245.3 million) for 2011, up 11.5% on the year, fueled by an increase in sold volumes.
Fondul Proprietatea Calls Shareholders To Discuss Asset Sale
Romanian investment fund Fondul Proprietatea (FP.RO) Wednesday called a shareholder meeting for April 4, to hold debates on a proposition to sell assets and distribute the cash to shareholde...
Rompetrol Sees 38% Hike In Sales For 2011, To $9.4B
Romanian oil group Rompetrol on Wednesday said it is expecting consolidated sales to increase 38% this year, to $9.4 billion, from $6.8 billion in 2011, backed by the completion of investmen...
Bucharest Stocks Open Up, Oltchim Stays In Focus
The Bucharest bourse opened up Wednesday, with chemical company Oltchim (OLT.RO) and lender Erste Group Bank (EBS.RO) among the top-traded issuers, the first becasue of speculation and the l...
Erste Group Sets Money Aside For Compensation Pay In Romania, Hungary
Austrian lender Erste Group Bank (EBS.RO) Wednesday announced it has made provisions for compensation pay in Hungary and Romania, which contributed to a 2.6% increase of staff expenditure, t...
Bucharest Stocks Close Up, Eyes On Financials
The Bucharest bourse closed Tuesday with an increase, on low traded volumes, with the bulk of activity focusing on investment fund Fondul Proprietatea (FP.RO) and the five regional investmen...
Authorities To Speak On Energy Price Deregulation By March 21
The government will express a point of view on the liberalization of electricity and gas prices by March 21, the date of the next board meeting held by the International Monetary Fund board,...