Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Rompetrol Rafinare Net Loss Widens 27% To $252.5M In 2011
Rompetrol Rafinare (RRC.RO) on Wednesday reported a consolidated turnover of $4.812 billion, up 35% on the year, while its net loss widened by some 27%, to $252.5 million.
SIF Banat-Crisana Posts 25% Hike In 2011 Revenue, To RON141.75M
Regional investment fund SIF Banat-Crisana (SIF1.RO) on Wednesday reported a revenue of 141.75 million lei (EUR33.4 million) for 2011, up 24.8% from RON113.51 million in 2010, backed by the...
EBRD To Lead EUR210M Syndicated Loan For Belgian Louis Delhaize
The European Bank for Reconstruction and Development Wednesday announced it will extend a syndicated loan worth up to EUR210 million to Belgian retailer Louis Delhaize Group, for the constru...
Carbochim Net Profit Drops To RON1.5M In 2011
Romanian abrasives maker Carbochim Cluj-Napoca (CBC.RO) on Wednesday reported a net profit of 1.5 million lei (EUR0.34 million) for 2011, down from RON2.1 million in the previous year.
Romania’s Electricity Consumption At 10-Year Peak In February
Romania’s average electricity consumption reached a ten-year peak in February, according to Octavian Lohan, chief executive officer of state-owned power grid operator Transelectrica (TEL.RO)...
Bucharest Stocks Close Down, Focus Stays On Investment Funds
The Bucharest bourse closed down Wednesday, decoupled from foreign markets, with two thirds of the turnover coming from transactions with shares of the main investment funds.
Suceava Thermal Power Plant Asked To Produce Electricity
The heating company in northeastern Romanian city Suceava, Termica SA, is working at double capacity, because it has been asked to supply electricity, Suceava mayor Ion Lungu said Wednesday.
Mechel Suspends Production At Two Romanian Plants Over Bad Weather
Russian group Mechel on Wednesday announced it has temporarily shut down the Mechel Campia Turzii and Ductil Steel Buzau plants in Romania, following problems in raw material supply, caused...
Daas Romania Moves To New Headquarters In Bucharest
HoReCa and retail equipment supplier Daas Romania on Wednesday announced it has moved to a new headquarters in Bucharest, where it has opened a second showroom for HoReCa equipment.
Transelectrica Seeks RON150M Credit As Buffer On Balancing Market
Romanian power grid operator Transelectrica (TEL.RO) on Wednesday announced it seeks a 150 million lei (EUR34.5 million) credit line to use as buffer for the payment of transactions in the b...
Retrasib 2011 Net Profit Dives To RON1.18M
Transformer maker Retrasib Sibiu (RTRA.RO) Wednesday reported a net profit of 1.18 million lei (EUR271,470) for 2011, compared to RON3.8 million in 2010.
SIF Transilvania 2011 Revenue Triples On BCR Stake Sale
Regional investment fund SIF Transilvania (SIF3.RO) on Wednesday announced that its revenue nearly tripled in 2011, to RON325.88 million, after selling its stake in lender BCR to Austrian Er...