Curs BNR — 13.11.2026 EUR 5,3498 USD 4,8428 GBP 6,4023

Translator RO-EN

Andrei Cîrchelan

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

Bucharest Stocks Open Up, Volumes Stay Low

The Bucharest bourse opened Thursday with a minor increase, on low traded volumes as the new year approaches.

Andrei Cîrchelan · 29.12.2011 · 11:09 · 1 min
Capital Market

Leu Inches Down Vs Euro, In Quiet Market

The leu opened Thursday slightly weaker against the euro, amid market apathy, but it soon regained the ground lost.

Andrei Cîrchelan · 29.12.2011 · 10:46 · 1 min
Capital Market

Leu Ends Stronger Vs Euro, After Lackluster Session

The Romanian leu maintained the ground gained against the euro in late session Wednesday, on low traded volumes.

Andrei Cîrchelan · 28.12.2011 · 17:26 · 1 min
Bucharest Office Market To Stabilize In 2012 - Consultants
Real Estate

Bucharest Office Market To Stabilize In 2012 - Consultants

The Bucharest office market will not see any significant changes in 2012, in terms of rent as well as in terms of delivered areas, according to real estate consultancy firms.

Andrei Cîrchelan · 28.12.2011 · 17:16 · 2 min
Capital Market

Bucharest Stocks Close Down, On Low Trading Values

The Bucharest bourse closed down Wednesday, on low traded values, while investors focused mainly on financial stocks.

Andrei Cîrchelan · 28.12.2011 · 17:16 · 1 min
Romanian ELCEN Seeks Loan For Raw Materials
Energy

Romanian ELCEN Seeks Loan For Raw Materials

Romanian thermal power producer Electrocentrale Bucuresti (ELCEN) on Wednesday said it plans to take out a 5-year loan worth between 150 and 300 million lei (EUR35-70 million) to buy raw mat...

Andrei Cîrchelan · 28.12.2011 · 17:16 · 1 min
Energy

Seven Bidders Interested In Building 250 MW Vimetco Power Plant In SE Romania

Dutch-registered Vimetco, the owner of Romanian aluminium maker Alro Slatina (ALR.RO), Wednesday said it has received seven offers from companies interested in constructing a 250 MW power pl...

Andrei Cîrchelan · 28.12.2011 · 13:59 · 1 min
Leu Strengthens Vs Euro, Exchange Rate At 4.2875
Capital Market

Leu Strengthens Vs Euro, Exchange Rate At 4.2875

The Romanian leu gained further versus the euro mid-session Wednesday, and the central bank set the leu’s reference at 4.2875 units, the strongest in three months.

Andrei Cîrchelan · 28.12.2011 · 13:59 · 1 min
Romania Extends Bidding Deadline For Brokering Romgaz Public Offer
Capital Market

Romania Extends Bidding Deadline For Brokering Romgaz Public Offer

Romania’s Economy Ministry has extended until January 16 the deadline by which companies can bid to broker the floating of a 15% stake in state-owned natural gas producer Romgaz.

Andrei Cîrchelan · 28.12.2011 · 12:19 · 1 min
Rompetrol To Invest $2.8M In Dragging Works At Midia Port
Energy

Rompetrol To Invest $2.8M In Dragging Works At Midia Port

Romanian Midia Marine Terminal, owned by oil group Rompetrol, will invest some $2.8 million in 2012 for dragging works on the Midia Port berths, in a bid to facilitate oil tanker transit, Ro...

Andrei Cîrchelan · 28.12.2011 · 12:14 · 1 min
INS: Housing Permits Down 9.1% On Year In November, To 2,758
Macroeconomics

INS: Housing Permits Down 9.1% On Year In November, To 2,758

Romania issued 2,758 buildings permits for residential projects in November, down 5.7% on the month and down 9.1% on the year, the statistics institute INS said Wednesday.

Andrei Cîrchelan · 28.12.2011 · 11:55 · 1 min
Macroeconomics

INS: Executives See No Growth In Dec 2011-Feb 2012

Managers expect relative stability in retail, moderate decline in industry and services and decline in construction between December and February, according to data published Wednesday by st...

Andrei Cîrchelan · 28.12.2011 · 11:40 · 1 min