Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Hidroelectrica To End Bilateral Deal Renegotiations In March
Negotiations for the bilateral contracts concluded by state-owned hydropower producer Hidroelectrica should conclude by the end of March, company general manager Dragos Zachia said Tuesday.
Gazprom Imports Have Highest Price – GDF SUEZ Romania
The natural gas imported by GDF SUEZ Energy Romania through the Arad-Szeged (Hungary) pipeline is cheaper than the Russian gas, Tuesday said Eric Stab, the company’s chief executive officer.
Felinvest Resumes Project In NW Romania, With EUR7M Initial Investment
Romanian realty developer Felinvest (FEL.RO) on Tuesday announced it has resumed construction on a real estate project in northwestern city Cluj, with an investment of EUR7 million.
Romgaz Appoints New Interim General Manager
Romanian state-owned natural gas producer Romgaz has appointed Costel Totan as interim general manager, replacing Dumitru Chiselita who was appointed adviser within the Economy Ministry.
EBRD: Romania’s Power Grid Can Absorb Only 2,000 MW In Wind Energy
Romania’s national power grid can absorb at most 2,000 MW from wind farms, half of the estimations put forth by system operator Transelectrica (TEL.RO), a senior banker with the European Ban...
SIF Shareholders To Face CNVM Scrutiny
Romanian securities regulator CNVM will be the only authority enabled to decide whether shareholders at the five regional investment funds, or SIFs, are acting in concert and hold more than...
Amway Romania Appoints Ioana Enache As GM
Direct sales firm Amway Romania on Tuesday announced the appointment of Ioana Enache as general manager, replacing George Popescu, who was promoted within the group.
EBRD: Romania Should Privatize Energy Segment
The main problem faced by Romania’s energy segment is the old equipment, and the easiest way to solve this issue is to sell to private companies, according to Louis Borgo, senior banker with...
Leu Strengthens Vs Euro In Early Trade
The Romanian leu opened roughly flat against the euro Tuesday, but it soon started to strengthen, in a quiet market with low traded volumes.
Bucharest Stocks Open Up, Eyes On Oltchim
The Bucharest bourse opened Tuesday on an upward trend, on low traded values, with investors focusing mainly on investment fund Fondul Proprietatea (FP.RO) and chemical company Oltchim (OLT....
Bucharest Stocks Close Down, Eyes On Fondul Proprietatea
The Bucharest bourse closed Monday with a decrease, on low traded volumes, with more than half of the turnover coming from deal and main market trades in investment fund Fondul Proprietatea...
Some Seven Million Romanians To Pay Higher Electricity, Gas Bills Come 2013
Some 7-7.2 million household consumers, representing 83%-86% of the total, could pay higher prices for energy starting next year, once prices start deregulation, while only 14%-17% would rec...