Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Nabucco, AGRI Are Prime Objectives For Romania - President
President Traian Basescu on Thursday said that one of Romania’s priorities is energy security, adding gas projects Nabucco and AGRI remain prime objectives.
Alro Reconsiders Costs On High Energy Prices, Layoffs Are Last Resort
Romanian aluminum producer Alro Slatina (ALR.RO) Thursday said it is reconsidering all its investments and expenditure, because of the cheap energy deficit, which increased electricity costs...
Alro Considers Compensation Measures For High Energy Costs
Romanian aluminum maker Alro Slatina (ALR.RO) Thursday said it is considering options, including operations restructuring and stopping less efficient production capacities, if it is unable t...
Carrefour Romania's 2011 Sales Up 4.8% On Year To EUR1.18B
French retailer Carrefour posted sales of EUR1.184 billion in Romania last year, up 4.8% on the year, according to the group's financial report published Thursday.
Bucharest Stocks Open Up, With Little Variation
The Bucharest bourse opened Thursday with a minor increase, on low traded volumes, while the bulk of activity focused on the shares of issuers on the financial segment.
Leu Opens Stronger Vs Euro, In Quiet Market
The leu opened Thursday stronger against the euro, on low traded volumes, recovering ground lost in the previous session.
Bucharest Stocks Close Down, SIFs End Rally
The Bucharest bourse closed down Wednesday, and the five regional investment funds (SIFs) saw an end of their increase in the past few trading sessions.
Grocery Store Giant 7 Eleven Might Take Over Mic.ro
Romanian businessman Dinu Patriciu is negotiating the sale of his Mic.ro retail network to international group 7 Eleven, people close to the matter told MEDIAFAX.
AIG/Lincoln Names Mihai Plaesu As Commercial Director
Developer and constructor AIG/Lincoln, owner of the Lakeview office building in Bucharest, has appointed Mihai Plaesu as commercial director.
Oltchim Dodges Blackout As Contract With Electrica Ends But Lights Stay On
Romanian electricity supplier Electrica on Tuesday terminated its electricity supply contract with chemical company Oltchim (OLT.RO), and deliveries to the plant were taken over by Electrica...
Anima Specialty Medical Services Takes Over Diagnosis Clinics
Romanian private healthcare provider Anima Specialty Medical Services took over a 70% stake in the Diagnosis clinics, previously owned by investment fund Gemisa.
Bread Maker Titan's Net Profit Rises To RON8.2M In 2011
Romanian grain mill products maker Titan (MPN.RO) posted a turnover of 348 million lei (EUR82.3 million) between October 1, 2010 and September 30, 2011, while net profit stood at RON8.2 mill...