Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
AFI Europe Starts Work On EUR35M Mall In S Romania
Real estate developer AFI Europe will soon start construction on a mall in southern Romanian town Ploiesti, 60 km north of Bucharest, with a completion deadline set for the second half of 20...
Azomures Needs Eco-Investment Worth EUR170M By 2015
Romanian fertilizer maker Azomures (AZO.RO) needs to unfold environment investment worth EUR170 million by the end of 2015, according to the new environment permit received from local author...
Renania Eyes 26% Hike In 2012 Sales, To EUR28M
Romanian safety equipment supplier Renania Targu Mures on Thursday said it expects sales to rise 26% this year, to EUR28 million, and the plan is to reach a turnover of EUR40 million by the...
Mega Image To Launch 16th Shop&Go Unit
Retailer Mega Image, part of Belgian group Delhaize, will launch Friday its 16th Shop&Go store on the Romanian market, with plans to launch another two such units by the end of April.
Bioromoil Sees 2012 Sales Up 30% To $230M
Romanian group Bioromoil, owned by businessman Vladislav Chetrar, expects sales to reach some $230 million this year, up 30% from $166 million in 2010, according to the group’s retail head,...
Romania Keeps Focus On Nuclear Energy
Romania will continue its nuclear energy strategy, but there might be some important changes in the near future, and the government needs to consider issuing state guarantees for the funding...
Bucharest Stocks Open Up, SIFs In Red
The Bucharest bourse opened Thursday with an upward tendency, on very low traded values, with most of the activity focusing on Fondul Proprietatea (FP.RO) and Erste Group Bank (EBS.RO).
Leu Opens Stronger Vs Euro, Peers Follow
The Romanian leu opened Thursday stronger against the euro, in a quiet market, while other currencies in the region were seeing similar evolutions.
Somaco Grup Reports 31% Rise In ’11 Sales, To EUR21M
Romanian construction materials maker Somaco Grup Prefabricate, owned by Swedish Oresa Ventures, on Wednesday reported a 31% year-on-year rise in sales for 2011, to EUR21 million.
Bucharest Stocks Close Down, Turnover Dives
The Bucharest bourse closed Wednesday in the red, on little to no trading, with the bulk of activity focusing on state-owned power grid operator Transelectrica (TEL.RO), while Fondul Proprie...
ANRM: Romania’s Natural, Shale Gas Reserves May Cover Local Consumption
Romania’s natural gas and shale gas reserves may be enough to cover local consumption, but it’s too soon to make an evaluation, Alexandru Patruti, president of mineral resources regulator AN...
Mineral Resources Regulator To Issue Permits For New Blocks
Romanian mineral resources regulator ANRM will issue permits for new oil and gas blocks in the Black Sea, after the government approves agreements concluded in 2010.