Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Transgaz To Contribute EUR10.2M To Nabucco Project Company
Romanian state-owned gas transporter Transgaz (TGN.RO) will contribute EUR10.2 million, in the first half of the year, to the consolidated budget of the project company developing the Nabucc...
Baneasa Shopping City Collects EUR1.5M Per Month From 200 Stores
Baneasa Shopping City, the mall in northern Bucharest controlled by Romanian businessman Gabriel Popoviciu, collects some EUR1.5 million per month from rents out of 200 retail spaces, revenu...
Leu Ends Down Vs Euro, On Low Volumes
The Romanian leu closed slightly down against the euro Friday, on low traded volumes, while dealers suspecting corporate euro purchases aimed at repatriating profit.
Bucharest Stocks Close Up, In Quiet Market
The Bucharest bourse closed Friday with a minor increase, on low traded volumes, with investors focusing on the main investment funds.
BVB Shareholders May Discuss Dualist Management In April
The managing board of the Bucharest bourse operator BVB (BVB.RO) decided to discuss the introduction of a dualist management system during the shareholder meeting when the results for 2011 a...
Bucharest Stocks Open Up, Eyes On Oltchim
The Bucharest bourse opened with a slight increase Friday, on low traded volumes, while chemical company Oltchim (OLT.RO) was the top-traded issuer.
Leu Opens Flat Vs Euro, Volumes Stay Low
The leu opened roughly flat against the euro Friday, amid market apathy, with low traded volumes.
BNR's Key Rate Cut Will Not Be Transmitted In Lending - Analysts
The rate cut announced Thursday by Romania’s central bank will not be felt in the loan interest rates applied by banks, since the measure does not improve liquidity in the system and the mar...
Leu Ends Down Vs Euro, In Line With Peers
The Romanian leu closed Thursday on a weakening trend against the euro, following the other currencies in the region, on increased risk aversion.
Bucharest Stocks Close Slightly Up, SIFs Fall
The Bucharest bourse closed slightly up Thursday, losing part of the early gains in the last 15 minutes of trading, as Wall Street opened down, but the liquidity remained reduced.
Competition Council Recommends Fines In Fuel Market Probe Report
The Romanian Competition Council will present next week the results of its fuel market investigation, recommending fines that are below the 10% of turnover ceiling, the authority’s president...
Leu Exchange Rate At 4.3398 Vs Euro, Weakest In 3 Weeks
The Romanian leu weakened against the euro in mid-trade Thursday, mainly due to the depreciation of the euro against the US dollar, and the central bank's exchange rate lost 0.4% to 4.3398 u...