Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
CNH Stops Coal Deliveries To Paroseni Citing Unsustainable Price
Romanian state-owned mining company CNH on Monday ceased coal deliveries to the Paroseni thermal power producer, saying it can no longer function with the current prices.
Electrica Threatens Blackout At Oltchim, Over Unpaid Bills
Romanian state-owned electricity supplier Electrica reduced volumes delivered to chemical company Oltchim (OLT.RO), because of a debt worth more than EUR100 million, and it is summoning the...
Realty Developer Willbrook Appoints New Head Of Commercial Leasing
Realty developer Willbrook on Monday said it has appointed Raluca Teposu, former head of marketing and sales at GTC Romania, as head of commercial leasing.
Banking Giants Bid To Broker Romanian Romgaz IPO
Three consortia including large financial groups - JP Morgan, Goldman Sachs and Citibank - as well as local brokerage firms, Monday filed bids to broker the listing of gas producer Romgaz, R...
Leu Opens Up Vs Euro, Peers Lose Ground
The Romanian leu was slightly stronger versus the euro in early trade Monday, in contrast with other currencies in the region, but transferred volumes were low.
Bucharest Stocks Open Down, Eyes On SIFs
The Bucharest bourse opened Monday in the red, on moderate traded values, with investors targeting mostly the shares of the main investment funds.
Bucharest Stocks Close Slightly Up, Eyes On Financials
The Bucharest bourse closed slightly up Friday, on higher traded values, with investors focusing mostly on financial stocks.
H&M To Launch Five Romanian Stores In Spring - Sources
Swedish apparel retailer H&M, which holds 11 stores in Romania, will open another five outlets on the local market in spring this year, people close to the matter told MEDIAFAX.
Adama Founder David Flusberg Gets EUR0.67M Severance
The former president and founder of realty developer Adama, David Flusberg, received EUR675,000 upon his departure from the company’s helm, after the company was taken over by Austrian Immof...
Leu Opens Stronger, As Banks Sell Euro
The Romanian leu continued to strengthen in early session Friday, as local banks are selling euros, dealers said.
Bucharest Stocks Open Up, SIFs Push Higher
The Bucharest bourse opened up Friday, on revigorated traded values, with investors eyeing especially the financial stocks.
Bucharest Stocks Close Roughly Flat, SIFs Continue Upward Trend
The Bucharest bourse closed Thursday roughly flat on the day, on improved trading values, with the regional investment funds (SIFs) extending gains in previous sessions.