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Andrei Cîrchelan

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

Romet 2011 Sales Up 10% YY To EUR300M

Romanian group Romet reported sales of some EUR300 million for 2011, up 10% on the year, fueled by EU-funded projects and exports.

Andrei Cîrchelan · 23.01.2012 · 17:10 · 1 min
Wienerbeger Plans EUR22M Investment In NE Romania
Companies

Wienerbeger Plans EUR22M Investment In NE Romania

Austrian group Wienerberger, one of the world’s largest brick systems makers and the largest producer of its type in Europe, announced plans to build a plant in northeastern Romania, with an...

Andrei Cîrchelan · 23.01.2012 · 12:41 · 1 min
Capital Market

Bucharest Stocks Open Up, Main Funds Drive Trading

The Bucharest bourse opened Monday with minor increase, on low traded values, while the eyes of investors were mainly turning to the shares of financial issuers.

Andrei Cîrchelan · 23.01.2012 · 10:59 · 1 min
Capital Market

Leu Opens Flat Vs Euro, On Little Activity

The leu opened Monday almost flat against the euro, and it held its ground early in the session, on low liquidity.

Andrei Cîrchelan · 23.01.2012 · 10:55 · 1 min
Electrica Plans To Sell Muntenia Sud Stock To Enel
Energy

Electrica Plans To Sell Muntenia Sud Stock To Enel

Romanian state-owned power distributor Electrica plans to sell the shares it owns in companies detached from Electrica Muntenia Sud, a subsidiary sold to Italian utility group Enel.

Andrei Cîrchelan · 20.01.2012 · 17:20 · 1 min
Capital Market

Bucharest Stocks Close Up, Proprietatea Fund Drives Trades

The Bucharest bourse closed Friday on an upward trend, while the trading was dominated by transactions with investment fund Fondul Proprietatea (FP.RO) shares.

Andrei Cîrchelan · 20.01.2012 · 17:15 · 1 min
Europa Oil & Gas Relinquishes Stake In NW Romania Block
Energy

Europa Oil & Gas Relinquishes Stake In NW Romania Block

British Europa Oil & Gas on Friday announced it relinquishes the 28.75% stake it owns on the EIII-1 Brodina block in northwestern Romania, in order to focus on other assets.

Andrei Cîrchelan · 20.01.2012 · 16:29 · 1 min
Alro Head Appointed CEO At Vimetco, Owner Of Romanian Aluminum Smelter
Energy

Alro Head Appointed CEO At Vimetco, Owner Of Romanian Aluminum Smelter

Dutch-registered group Vimetco on Friday announced the appointment of Gheorghe Dobra, head of aluminum refinery Alro Slatina (ALR.RO), as its chief executive officer and member of the board.

Andrei Cîrchelan · 20.01.2012 · 13:06 · 1 min
Capital Market

Leu Opens Flat Vs Euro, In Quiet Market

The Romanian leu opened Friday roughly flat on the day, similar to the evolution of otheer currencies in the region, in a market with low traded volumes.

Andrei Cîrchelan · 20.01.2012 · 11:21 · 1 min
Capital Market

Bucharest Stocks Open Up, Eyes On Financials

The Bucharest bourse opened up Friday, with investors mainly focusing on the shares of investment funds and lenders.

Andrei Cîrchelan · 20.01.2012 · 11:16 · 1 min
Robert Rekkers, CEO Of Banca Transilvania, Resigns Unexpectedly
Banks-Insurance

Robert Rekkers, CEO Of Banca Transilvania, Resigns Unexpectedly

Romanian lender Banca Transilvania (TLV.RO) Friday announced the resignation of its chief executive officer Robert Rekkers and his temporary replacement with board member Peter Franklin.

Andrei Cîrchelan · 20.01.2012 · 10:21 · 1 min
Capital Market

Bucharest Stocks Close Up, Trading Picks Up

The Bucharest bourse closed up Thursday, on improved traded values, with financial stocks catching again the investors' eyes.

Andrei Cîrchelan · 19.01.2012 · 17:33 · 1 min