Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Duraziv Reports 34% Increase In 2011 Sales, To EUR18M
Romanian construction materials maker Duraziv, owned by businessman Daniel Guzu, Monday announced a 34% increase in its 2011 sales, to EUR18 million, while forecasts for this year point to a...
Bucharest Bourse Opens Up, Financial Stocks Higher
The Bucharest bourse opened up Monday, on low traded values, with most of interest focusing on the shares of investment funds or banks.
Leu Opens Flat Vs Euro, On Low Volumes
The Romanian leu opened roughly flat against the euro Monday, on low traded volumes, as players showed little interest in the local currency.
Mechel Targoviste To Resume Activity On Feb 27
Russian group Mechel on Monday announced that activity at steel processor Mechel Targoviste (COS.RO) might be resumed on February 27, since the weather conditions are improving.
Power Outages Are Caused By Obsolete Power Lines, Upgrades Needed
The recent blackouts in Romania call attention to the fact that they are caused by faulty infrastructure, with two thirds of the power grid in an advanced state of usage and 30% of installat...
Bucharest Stocks Close Slightly Up, In Quiet Market
The Bucharest bourse gained little ground Friday, on very low traded volumes, with investors focusing on the main investment funds.
BNR Clears New Deputy CEO At BRD
Romania’s central bank approved the appointment of Gheorghe Marinel as deputy chief executive officer of BRD-Groupe Societe Generale (BRD.RO).
Lafarge Romania Posts 4% Increase In 2011 Sales
French group Lafarge on Friday reported a 4% increase in its Romanian sales for 2011, helped by an increase in the amount of industrial and infrastructure projects, but profit declined on lo...
Bucharest Court Allows Insolvency For Retail Chain Mic.ro
The Bucharest court on Friday approved an insolvency claim filed by Micro Retail, the operator or retail chain mic.ro, controlled by local businessman Dinu Patriciu.
Leu Opens Flat Vs Euro, In Quiet Market
The leu opened flat against the euro Friday, in a quiet market with low traded volumes.
Bucharest Stocks Open Up, Eyes On Lenders
The Bucharest bourse opened Friday with an increase, on low traded values, while the bulk of investment was focusing on the shares of the main investment funds and of banks.
Bucharest Stocks Close Flat, Eyes On Financials
The Bucharest bourse closed roughly flat Thursday, on improved traded values, while the bulk of investment focused on the shares of financial companies.