Curs BNR — 13.11.2026 EUR 5,3498 USD 4,8428 GBP 6,4023

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Andrei Cîrchelan

Fields
Capital Market, Energy, Real Estate
Writing for ZF since
2011
Articles
1.882
Energy

Enel Romania Unit To Invest RON54M In Installation Upgrades

Romanian power distribution company Enel Distributie Muntenia, a subsidiary of Italian utilities group Enel, allocated 54 million lei (EUR12.4 million) for upgrades at electrical installatio...

Andrei Cîrchelan · 07.02.2012 · 12:05 · 1 min
Capital Market

Leu Opens Flat Vs Euro, In Quiet Market

The leu opened Tuesday stable against the euro, near yesterday’s closing levels, while other currencies in the region were also showing some minor oscillation.

Andrei Cîrchelan · 07.02.2012 · 11:05 · 1 min
Capital Market

Bucharest Stocks Open Up, Eyes On Financials

The Bucharest bourse opened Tuesday with an increase, on moderate trading, while the bulk of activity was focusing on the shares of financial issuers.

Andrei Cîrchelan · 07.02.2012 · 11:05 · 1 min
Capital Market

Bucharest Stocks Close Down, In Line With Forerign Markets

The Bucharest bourse closed down Monday, unable to recover from a sharp mid-session drop fueled by Prime Minister Emil Boc’s announcement that the government resigns, as international market...

Andrei Cîrchelan · 06.02.2012 · 17:20 · 1 min
Romanian Business Community Unfazed By Government Resignation
Analysis

Romanian Business Community Unfazed By Government Resignation

The Boc Government has taken good measures as well, but many of them came too late and were not well enough communicated, and the resignation will defuse the social and political tension, ac...

Andrei Cîrchelan · 06.02.2012 · 16:35 · 5 min
Endava 2011 Sales In Romania Up 60% On Year To EUR9.2M
Technology &Telecoms

Endava 2011 Sales In Romania Up 60% On Year To EUR9.2M

Corporate IT services and solutions provider Endava on Monday announced sales of EUR9.2 million for 2011 in Romania, up some 60% on the year.

Andrei Cîrchelan · 06.02.2012 · 14:37 · 1 min
Banks-Insurance

ProCredit Bank Romania Gets EUR11.4M Syndicated Loan To Fund SMEs

ProCredit Bank Romania will receive a syndicated loan worth EUR11.4 million, including EUR5 million from the European Bank for Reconstruction and Development (EBRD), to fund small- and mediu...

Andrei Cîrchelan · 06.02.2012 · 13:41 · 1 min
Capital Market

Financial Markets In Romania Fall After Government Resignation

The Romanian leu weakened against the euro in mid-session Monday, while the stock exchange’s main index was falling 2.5%, following Prime Minister Emil Boc’s announcement of the government's...

Andrei Cîrchelan · 06.02.2012 · 12:26 · 1 min
Capital Market

Leu Opens Stronger Vs Euro, In Line With Peers

The leu opened Monday a bit stronger against the euro, in a quiet market, while other currencies in the region were seeing a similar pattern of evolution.

Andrei Cîrchelan · 06.02.2012 · 10:53 · 1 min
Capital Market

Bucharest Stocks Open Undecided, Trading Picks up

The Bucharest bourse opened Monday with an oscillating trend, on improved traded values, while the bulk of investment was focusing on the main investment funds.

Andrei Cîrchelan · 06.02.2012 · 10:51 · 1 min
INS: Romania Average Net Wage Up To RON1,604 In December
Macroeconomics

INS: Romania Average Net Wage Up To RON1,604 In December

The average net salary rose 7.6% to 1,604 lei (EUR369) in December, from RON1,491 a month earlier, the statistics institute INS said Monday.

Andrei Cîrchelan · 06.02.2012 · 10:10 · 1 min
Capital Market

Bucharest Stocks Close Up, Eyes On Financials

The Bucharest bourse closed Friday with a solid increase, on high traded values, with activity focusing on the main investment funds.

Andrei Cîrchelan · 03.02.2012 · 17:39 · 1 min