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Andrei Cîrchelan

Fields
Capital Market, Energy, Real Estate
Writing for ZF since
2011
Articles
1.882
OMV Petrom Confirms Malfunctions At Brazi Power Plant
Energy

OMV Petrom Confirms Malfunctions At Brazi Power Plant

Romanian oil and gas company OMV Petrom (SNP.RO) Wednesday announced malfunctions at the Brazi power plant it is building, thus confirming information previously published by MEDIAFAX.

Andrei Cîrchelan · 18.01.2012 · 12:04 · 1 min
Companies

Romcarbon Reports RON107M Turnover For 2011, Up 5% On Year

Romanian plastic systems maker Romcarbon Buzau (ROCE.RO) Wednesday reported a 5% year-on-year decline in its 2011 sales, to some 107 million lei (EUR24.7 million) from RON112.9 million in th...

Andrei Cîrchelan · 18.01.2012 · 11:55 · 1 min
Capital Market

Bucharest Stocks Open Down, Eyes On SIFs

The Bucharest bourse opened Wednesday with a downward trend, while the bulk of investment was focusing on the five regional investment funds, or SIFs.

Andrei Cîrchelan · 18.01.2012 · 11:00 · 1 min
Capital Market

Leu Opens Flat, On Low Traded Volumes

The leu opened roughly flat against the euro Wednesday, on low traded volumes, with little to no oscillation.

Andrei Cîrchelan · 18.01.2012 · 10:46 · 1 min
Capital Market

Bucharest Stocks Close Up, SIFs Surge

The Bucharest bourse closed Tuesday on an upward trend, following the international markets, while the five regional investment funds, or SIFs, gained 3% on average.

Andrei Cîrchelan · 17.01.2012 · 17:33 · 1 min
Renewable Energy Needs To Stand On Its Own - Competition Council VP
Energy

Renewable Energy Needs To Stand On Its Own - Competition Council VP

Renewable energy will soon have to stop relying on government support, since companies investing on this segment are “spoiled” with state aid, Tuesday said Valentin Mircea, vice-president of...

Andrei Cîrchelan · 17.01.2012 · 14:41 · 1 min
Petrom Power Plant Launch Delayed For May - Sources
Energy

Petrom Power Plant Launch Delayed For May - Sources

The thermal power plant built by oil company OMV Petrom (SNP.RO) in central Romania will most likely be launched in May, with a six-month delay, because of technical difficulties, people clo...

Andrei Cîrchelan · 17.01.2012 · 13:33 · 1 min
Monsson Group To Invest EUR250M In SE Romania Wind Farm
Energy

Monsson Group To Invest EUR250M In SE Romania Wind Farm

Wind farm developer Monsson Group, owned by businessman Emanuel Muntmark, will invest some EUR250 million in the construction of a wind farm in southeast Romania.

Andrei Cîrchelan · 17.01.2012 · 11:56 · 1 min
Capital Market

Bucharest Stocks Open Slightly Up, SIFs Rise Faster

The Bucharest bourse opened Tuesday with a minor increase, with the regional investment funds (SIFs) gaining further ground, extending previous day's gains.

Andrei Cîrchelan · 17.01.2012 · 11:07 · 1 min
Capital Market

Leu Opens Flat Vs Euro, On Low Trading

The Romanian leu opened roughly flat against the euro Tuesday, on little activity, as local investors sell euro and foreigners buy it.

Andrei Cîrchelan · 17.01.2012 · 11:04 · 1 min
Capital Market

Bucharest Stocks Close Undecided, Trading Value Falls

The Bucharest bourse closed Monday undecided, on low traded values, with investors focusing on the traditional liquidity drivers.

Andrei Cîrchelan · 16.01.2012 · 17:17 · 1 min
Real Estate

Real4You Gets OK For Bucharest Mall Construction

Real estate developer Real4You Group on Monday said it has obtained urbanism authorizations for the MegaMall project is planning in Bucharest and it has concluded rental contracts for 20% of...

Andrei Cîrchelan · 16.01.2012 · 16:04 · 1 min