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Andrei Cîrchelan

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

MOL Romania To Fight Competition Council’s Ruling In Fuel Market Probe

Oil company MOL Romania on Tuesday said it will challenge in court the 80.27 million lei (EUR18.5 million) fine received from the Competition Council within a fuel market probe involving sev...

Andrei Cîrchelan · 10.01.2012 · 17:16 · 1 min
Energy

OMV Petrom To Battle Competition Council’s Fine

Petrom group on Tuesday said it will challenge in court the fine received from Romanian competition authorities following a fuel market probe, saying the measure is unjustified.

Andrei Cîrchelan · 10.01.2012 · 16:45 · 1 min
Energy

Cheap Gas Supply To InterAgro Complied With Competition Rules

Cheap gas deliveries to InterAgro group's plants did not raise any competition red flags, buts this does not mean the state was not prejudiced, Tuesday said Bogdan Chiritoiu, president of th...

Andrei Cîrchelan · 10.01.2012 · 16:39 · 1 min
Energy

Rompetrol Group To Challenge Antitrust Fine In Court

Rompetrol, one of the six oil companies fined by the Romanian Competition Council within a fuel market probe, Tuesday said it will challenge the fine in court, since it considers it illegal...

Andrei Cîrchelan · 10.01.2012 · 15:26 · 1 min
Energy

Energy Regulator Chief, Deputy To Be Appointed By President

Romania’s energy regulator ANRE will be run by a president and a vice-president, which will be appointed by the head of state, at the proposition of the prime minister, according to a draft...

Andrei Cîrchelan · 09.01.2012 · 19:45 · 1 min
Capital Market

Bourse Operator Holders Appoint New Board

Shareholders of Bucharest bourse operator BVB (BVB.RO) on Monday appointed Lucian Anghel as Chairman of the Board.

Andrei Cîrchelan · 09.01.2012 · 19:28 · 1 min
Capital Market

Bucharest Stocks Dip, Trading Stays Very Low

The Bucharest bourse closed slightly down Monday, on very low traded volumes, with very few stocks raising some attention.

Andrei Cîrchelan · 09.01.2012 · 17:40 · 1 min
Danone Romania Names Anca Stroe As Marketing Director
Retail&Consumer

Danone Romania Names Anca Stroe As Marketing Director

Dairy processor Danone Romania on Monday said it has appointed Anca Stroe as marketing director and member of the Board of Directors.

Andrei Cîrchelan · 09.01.2012 · 15:06 · 1 min
Real Estate

Epstein Expands Star Foods' Warehouse In Bucharest

Snacks maker Star Foods has started construction of a EUR2.5 million storage unit in southern Bucharest, according to a news release by project designer and constructor Epstein Architecture...

Andrei Cîrchelan · 09.01.2012 · 13:30 · 1 min
Real Estate

Three-Star Hotel In W Romania Put Up For Sale At EUR4.6M

The three-star Moneasa hotel, in Western Romanian county Arad, was put on sale for EUR4.6 million, the unit’s owner, Nicoara Cret, told MEDIAFAX

Andrei Cîrchelan · 09.01.2012 · 12:39 · 1 min
Capital Market

Finance Ministry Has 0.02% Distributable Stake In Fondul Proprietatea

The Finance Ministry transferred a total 1.48% in investment fun Fondul Proprietatea (FP.RO) in December, which leaves it with a 0.02% stake to be granted as compensation.

Andrei Cîrchelan · 06.01.2012 · 19:16 · 1 min
Transelectrica Expects Pretax Profit To Double At RON51.7M In 2012
Energy

Transelectrica Expects Pretax Profit To Double At RON51.7M In 2012

Romanian state-owned power grid operator Transelectrica (TEL.RO) on Friday said it expects revenue of 2.62 billion lei (EUR603.9 million), down 6% on the year, but pretax profit is expected...

Andrei Cîrchelan · 06.01.2012 · 19:04 · 1 min