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Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Saint-Gobain Glass Romania Appoints New GM
Saint-Gobain Glass Romania on Thursday announced the appointment of Jerome Lionet as General Manager, “as of mid-January, 2012”.
CBRE: Bucharest Land Market To See Upturn In 2012
Bucharest land market will mainly include property held by financial institutions, and transactions concluded this year could see a low in terms of prices, with investors seizing this opport...
Alro Could Declassify Hidroelectrica Deal, But Won’t Parade It
Romanian aluminum producer Alro Slatina (ALR.RO), part of Russian-owned group Vimetco, on Thursday said it is willing to declassify the electricity purchase contract it has with state-owned...
Fondul Proprietatea Holder Proposes Assets Sale For Cash Return
One of the largest stockholder in Romanian investment fund Fondul Proprietatea (FP.RO), US hedge fund Elliott Associates, asked for some of the fund's assets to be sold and the money obtaine...
Teraplast Appoints As COO A Former Caroli Foods Executive
Romanian construction systems maker Teraplast (TRP.RO) on Thursday said it has appointed Alexandru Sirbu as chief operating officer, in charge with investment, logistics, programming and pro...
Fondul Proprietatea Names New Board Member
The new interim member of the Board of Nominees at investment fund Fondul Proprietatea (FP.RO), Julian Healy, was proposed by City of London Investment Management, and he has a background in...
Banca Carpatica's Loss Narrows 80% To RON31.54M In 2011
Romanian lender Banca Carpatica (BCC.RO) on Thursday reported a net loss of 31.54 million lei (EUR7.4 million) for 2011, compared with a negative result of RON154.47 million in the previous...
Electromagnetica 2011 Net Profit Halves To RON13M
Electromagnetica Bucuresti (ELMA.RO) on Wednesday reported a 50.7% reduction in its net profit for 2011, to 12.94 million lei (EUR), from RON26.27 million.
SSIF Broker Swings To RON15.4M Loss In 2011
Brokerage firm SSIF Broker (BRK.RO) reported a loss of 15.39 million lei (EUR3.54 million) for 2011, compared to a net profit of RON6.65 million in the previous year.
Mechel Targoviste 2011 Loss Shrinks 14% To RON133.4M
Steel processor Mechel Targoviste (COS.RO) reported a 14% year-on-year decrease in its loss for 2011, to 133.4 million lei (EUR), from RON155.1 million.
Biofarm Posts 13.5% Hike In 2011 Sales, To RON93.4M
Medicine maker Biofarm Bucuresti (BIO.RO) posted sales of 93.4 million lei (EUR21.48 million) in 2011, up 13.5% from RON82.2 million in the previous year, while profit stagnated.
Alro Slatina 2011 Net Profit Up 44% On Year, To RON230M
Aluminum maker Alro Slatina (ALR.RO) reported a net profit of 230.05 million lei (EUR54.2 million) for 2011, up 43.9% from RON159.78 million in the previous year.