Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
IN FOCUS: Bad Year For Bucharest Bourse, Recovery Might Be Distant
The Bucharest bourse returned this year to the level seen in the final quarter of 2009, once again influenced by foreign markets, but brokers expect a comeback in the second half of 2012, as...
Raiffeisen Sees Inflation Below 2.5% In First Half Of 2012
Inflation might temporarily declined below 2.5% in the first half of next year, mainly due to a favorable statistical base effect, but the central bank might reduce the key rate b 0.5 percen...
Bucharest Stocks Open Flat, In Quiet Market
The Bucharest bourse opened Friday with a barely noticeably decrease, on low traded volumes, while investors were focusing on the traditional liquidity drivers.
Leu Opens Flat Vs Euro, Amid Market Apathy
The leu opened Friday roughly flat on the day, in a quiet market with low traded volumes, as everyone prepares for the new year.
Romania To Contribute Heavy Water To Nuke Reactor 3, 4 Operator
Nuclear power plant operator Nuclearelectrica will need to provide heavy water for nuclear reactors 1 and 2 at Cernavoda, and the Government will contribute heavy water from reserves for upc...
Leu Ends Weaker Vs Euro, On Renewed Crisis Fears
The Romanian leu closed Thursday on a moderate weakening trend against the euro, in line with other currencies in the region, as markets show renewed fears amid the euro crisis.
Bucharest Stocks Close Up, On Very Low Activity
The Bucharest bourse closed Thursday with a moderate increase, on very low traded values, with the few active investors focusing on the main investment funds.
Posta Romana Seeks RON100M Credit
Romanian state-owned post office CNPR will hold an auction in February for a three-year credit line worth 100 million lei (EUR23.3 million) to finance working capital needs.
Alro Ups 2011 Net Profit Forecast To $76M
Romanian aluminum maker Alro Slatina (ALR.RO) revised its budget for 2011 as it now expects a net profit of $76 million, up 19% from the initially seen $64 million, despite buying electricit...
Garanti Bank Romania Gets EUR18M Capital Increase
Turkiye Garanti Bankasi added EUR18 million to the share capital of Garanti Bank, in order to support the development operations of its Romanian subsidiary.
Hidroelectrica Terminates Bilateral Contracts With Four Companies
Romanian state-owned hydropower producer Hidroelectrica terminated all direct sale contracts it had with SNLO, Salrom and CLMB Patinoar Brasov, while Luxten Lightning ended the contract “for...
Electrica Seeks EUR70M Loan For Wind Farm
Romanian state-owned electricity supplier Electrica plans to take out a loan worth up to EUR70 million, for the construction of a wind farm in eastern Romania.