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Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
OMV Petrom To Pay Dividend On Record 2011 Profit
Romanian oil company OMV Petrom (SNP.RO) on Wednesday announced it plans to pay dividend from the record profit achieved in 2011, while the investment budget for 2012 reaches over EUR1 billi...
Leu Opens Flat Vs Euro, Peers Weaken
The leu opened flat against the euro Wednesday, on low traded volumes, while other currencies in the region were losing some ground against the euro.
Bucharest Stocks Open Undecided, Eyes On Petrom
The Bucharest bourse opened Wednesday with a mixed evolution, while half of the turnover was covered by transactions in oil company OMV Petrom (SNP.RO), which announced record profit for 201...
OMV Petrom Reports 1% Rise In 2011 Hydrocarbon Production, To 67.77 Million Boe
Oil company OMV Petrom (SNP.RO) on Wednesday reported that hydrocarbon production for 2012 rose 1% on the year, to 67.77 million barrels of oil equivalent (boe), due to the drilling of new w...
Bucharest Stocks Close Slightly Up, SIFs Fall
The Bucharest bourse closed mixed Tuesday, on improved traded values, while more than half of the turnover came from deal market trades.
Rogue Eolica Manager Sacked For Suing Romanian Regulators
Swiss Eolica Dobrogea on Tuesday announced it will replace administrator Corneliu Dica and there will be no lawsuits against energy regulator ANRE and power grid operator Transelectrica (TEL...
KIWI Finance Swings To Profit In 2011, Sales Jump 140%
Romanian lending broker KIWI Finance on Tuesday announced that it has switched to profit in 2011, after three consecutive years of loss, while turnover jumped 140% to 6 million lei (EUR1.38...
Eximbank To Issue Guarantees Of EUR62M For Thermal Power Producer Craiova's Loans
Romanian state-owned thermal power producer Craiova will receive guarantees worth a total EUR62.4 million from Eximbank, in the form of guarantee letters, for two loans needed for environmen...
OMV Petrom Allots RON5M For Emergency Equipment
Romanian oil company OMV Petrom (SNP.RO) on Tuesday announced it will give local authorities 5 million lei (EUR1.2 million) to buy emergency machinery and equipment.
Fast Food Giant Subway To Open First Romanian Restaurant In April
US fast food giant Subway will launch its first restaurant in Romania in April, within the Palas complex developed in northeastern city Iasi by the Iulius Group, the mall owners said Tuesday...
Electrocentrale Deva Seeks RON200M Loan For Eco Works
Electricity producer Electrocentrale Deva, held by Romanian state-owned power producer Termoelectrica, plans to contract a loan worth 200 million lei (EUR46 million) for environment investme...
Minor Fondul Proprietatea Stake Sold On Bucharest Deal Market For RON26M
A 0.35% stake in investment fund Fondul Proprietatea (FP.RO) was traded on the Bucharest Stock Exchange’s deal market Tuesday in three transactions worth a total 26 million lei (EUR5.9 milli...