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Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Leu Opens Weaker Vs Euro, In Quiet Market
The leu opened Tuesday slightly weaker against the euro, amid market apathy, as the euro was boosted by the approval of a new bailout package for Greece.
Bucharest Stocks Open Up, Eyes On OMV Petrom
The Bucharest bourse opened Tuesday with a minor increase, on low traded values, while investors were focusing on oil company OMV Petrom (SNP.RO).
Eolica Dobrogea Sues Authorities For EUR118M Over Power Grid Connection
Eolica Dobrogea, working for Spanish Iberdrola, sued energy regulator ANRE and state-owned power grid operator Transelectrica (TEL.RO), along with the operator’s former general manager, clai...
Uzuc To Sell Five Properties For EUR2.15M Total
The shareholders of technological lines maker Uzuc (UZC.RO), part of the Serviciile Comerciale Romane group, owned by businessman Stefan Vuza, approved the sale of five plots in Ploiesti (60...
Leu Ends Flat Vs Euro For Third Day In A Row
The Romanian leu closed flat against the euro Monday, for the third consecutive session, on a balanced market without any significant shifts.
Bucharest Stocks Close Up, In Quiet Market
The Bucharest bourse closed up 1% Monday, with financial stocks gaining most attention in a quiet session, influenced by developments on foreign markets.
Romanian ABN Systems 2011 Revenue Inches Up To EUR4.5M
Telecom equipment supplier ABN Systems on Monday reported a revenue of EUR4.5 million for 2011, slightly higher than in 2010, as retail saw an overall decline of 3.3% in the timeframe analyz...
Xerox Romania Recruits Vodafone Executive
Document management systems provider Xerox Romania has appointed Cristian Petrescu, a former Vodafone executive, as Technology & Channels director starting February, replacing Veronica Caram...
Colliers: Industrial Space Development In Bucharest Sank To Six-Year Low In 2011
Developers have completed logistics and industrial projects in Bucharest with a total surface of 10,000 square meters last year, according to a report released Monday by realty advisors Coll...
Retrasib Plans To Buy Back 10% Of Its Own Shares
Management at Romanian transformer maker Retrasib Sibiu (RTRA.RO) approached shareholders with a proposition to buy back at most 10% of the company’s shares, in an operation that could cost...
Isarescu Tells Cash-Strapped Banks To Deal With It
Recent statements made by Romania’s central bank governor Mugur Isarescu caused a stir among bankers, as the central bank showed reluctance to extend the deadline for cash injections or acce...
Bilateral Deal Beneficiaries Agree To Hidroelectrica’s New Terms - Sources
Companies holding bilateral contracts with Romanian state-owned hydropower producer Hidroelectrica accepted price increases and a 10% to 20% reduction of delivered quantities, as well as a s...