Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Garanti Bank Secures EUR22.5M Loan From IFC To Fund Women-Owned SMEs
Lender Garanti Bank Romania on Thursday said it will grant financing worth a total EUR22.5 million, targeting small- and medium-sized companies, especially those owned or managed by women, f...
Competition Council OKs Setup Of Oltenia Power Producer
Romania’s Competition Council on Thursday approved the creation of the Oltenia thermal power producer, which clusters state-owned units Craiova, Rovinari, Turceni and coal company SNLO.
Bucharest Stocks Open Up, On Improved Trading
The Bucharest Stock Exchange opened Thursday with an increase, on higher trading, while the bulk of investment was focusing on investment fund Fondul Proprietatea (FP.RO).
Leu Opens Flat Vs Euro, In Quiet Market
The leu opened roughly flat against the euro Thursday, on low traded volumes, while other currencies in the region were seeing a similar pattern of evolution.
IMF Romania Website Hacked By Anonymous
The Romanian website of the International Monetary Fund was attacked by hackers Thursday morning, two days after a similar attack against the website of local energy regulator ANRE.
Bucharest Stocks End Higher, Petrom Surges 5%
The Bucharest stocks gained 1% Wednesday, led by OMV Petrom's (SNP.RO) surge after the company announced a big gas discovery in the Black Sea.
Investors May Soon Start Developing Hotels, Stores On Bucharest Plots - CBRE
Some of the investors who bought land in 2006-2007 with the intention to develop residential projects, are thinking of building hotels or retail projects on the lots, as the residential mark...
Gas Price Regulation Might Strike At Investment - Petrom CEO
Current gas prices in Romania create an unsustainable situation that could impact investment on this segment, including the activity of the thermal power producer built by OMV Petrom (SNP.RO...
OMV Petrom Is A Driver For Romania's Economy - CEO
OMV Petrom (SNP.RO) is a pillar of stability and a trustworthy partner for Romania's economy, especially when it comes to the taxes paid, energy supply to consumers and investment, chief exe...
Petrom Cut Staff By 7% In 2011, To 22,912 Employees
Romanian oil and gas group OMV Petrom (SNP.RO) on Wednesday said that its employee numbers dropped by 7% last year, to 22,912, reaching less than half of staff numbers seen in 2004, when the...
CBRE: Bucharest’s City Mall May Be Turned Into Hospital
Bucharest shopping center City Mall, owned by businessman Ioannis Papalekas, could be turned into a hospital, according to representatives of real estate consultancy firm CBRE Romania.
Petrom Sees RON404M Hedging Loss In 2011
Romanian oil and gas group OMV Petrom (SNP.RO) on Wednesday said it recorded a loss of 404 million lei (EUR95.3 million) from hedging in 2011, compared to just RON6 million in the previous y...