Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Romania’s Electricity Export Halt Is An Option, Not A Fact - Ministry
Romania has no problems in the production of electricity and there are no reasons to restrict deliveries to households, the Economy Ministry said Monday.
Transelectrica May Cease Electricity Exports During Blizzard
Romanian state-owned power grid operator Transelectrica (TEL.RO) will limit or even cease electricity exports for one month, between February 16 and March 15, 2012, since bad weather diminis...
Bucharest Stocks Close Up, Interest Dissipates
The Bucharest bourse closed Monday on an upward trend, but activity in the market continued to weaken while investors kept focusing on the traditional liquidity drivers.
Thermal Power Producer Rovinari Seeks RON176M Loan For Eco-Investment
State-owned power producer CE Rovinari seeks a loan worth 176 million lei (EUR40.5 million) for investment in the reduction of pollution.
Profi Reports 29% Higher Sales For 2011, At EUR214.5M
Romanian retailer Profi, owned by private equity firm Enterprise Investors, posted sales of EUR214.5 million for 2011, up 29% on the year, company CEO Pawel Musial told a news conference Mon...
Romania's New Finance Minister: Fiscal Stability To Support Growth
Romania’s budget will focus on the support of economic growth through fiscal stability, as well as improved tax collection, the fair application of fiscal legislation and the prioritization...
Bucharest Stocks End Down, SIFs Drive Trades
The Bucharest bourse closed down Friday, with the bulk of trading focused on the five regional investment funds (SIFs) and Fondul Proprietatea (FP.RO) in a relatively calm session.
Romanian Fund Net Assets Up 2.4% In January, To RON6.94B
The net assets of local investment funds increased in January by 2.4%, to 6.94 billion lei (EUR1.59 billion), with monetary funds and bond funds seeing 99% of net subscriptions.
Argo Real Estate Keeps Reducing Rents For Retailers In Romanian Shopping Centers
British investment fund Argo Real Estate has reduced, for the second consecutive years, rents for retailers in Romanian Shopping City Sibiu and Shopping City Suceava, with a cumulated decrea...
Carrefour, NEPI Develop Mall In Ploiesti; 50% Already Rented
New Europe Property Investments (NEPI) and Carrefour Property on Thursday announced that more than 50% was rented in the Ploiesti mall they are jointly developing.
Bucharest Stocks Close Up, Eyes On SIFs
The Bucharest bourse closed in green Thursday, following increases of the European markets, with local investors hardly looking at other stocks beside the main investment funds.
Voestalpine Vae Apcarom Posts RON7.2M Net Profit In 2011
Romanian rolling stock maker Voestalpine Vae Apcarom Buzau (APC.RO) on Thursday reported a 25.1% in its net profit, to 7.2 million lei (EUR1.7 million) in 2011, from RON5.8 million in the pr...