Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Bucharest Stocks Inch Up, On Average Trading
The Bucharest bourse closed Friday with a minor increase, on low traded volumes, with the bulk of activity tarketing the main investment funds.
Electrica To Award RON46.3M Acquisition Contract
Romanian state-owned electricity distributor Electrica SA wants to attribute a contract worth 46.3 million lei (EUR10.8 million) through negotiation.
Transgaz Requested Budget Correction As It Expects 53% Higher Profit
Romanian gas transporter Transgaz (TGN.RO) on Friday said it has requested a correction of its financial indicators because it expects pretax profit to be 53% higher.
Minor Stake In Proprietatea Fund Sold On Bucharest Bourse For RON27M
A 0.46% stake in investment fund Fondul Proprietatea (FP.RO) was sold Friday on the Bucharest bourse's deal market for 27.1 million lei (EUR6.3 million).
Authorities Take Electrica Off Private Management List
Authorities and the International Monetary Fund agreed to remove electricity distributor Electrica SA from the list of companies to receive private management.
Romania Pushes Back Deadline In Head Hunter Auction
The Economy Ministry extended until January 20, 2012, the deadline by which head hunters may bid in the auction for the selection of private management at state-owned companies.
Bucharest Stocks Open Up, On Low Trading
The Bucharest bourse opened Friday with an upward trend, but traded volumes were low, as Christmas nears.
Leu Opens Stronger Vs Euro, In Pre-Holiday Trading
The leu opened Friday with a strengthening tendency towards the euro, on very low traded volumes, in pre-holiday trading marked by low volumes.
Bucharest Stocks Close Undecided After Quiet Trading
The Bucharest bourse closed Thursday with an oscillating trend, on low traded values and activity still focused on financial stocks.
Number Of Romanian Insolvencies Higher In November
The number of companies going insolvent in Romania in November increased by 15% on the month, to 2,062 from 1,783 in the previous month, according to trade registry data.
E.ON Gaz Distributie Invested RON180M In Upgrades In 2011
Romania's E.ON Gaz Distributie has invested a total 180 million lei (EUR42 million) this year, mainly in upgrades of its gas network, company general manager Virgil Metea said Thursday.
Court Decision Voids Franklin Templeton Role As Proprietatea Fund Manager
The Bucharest court decided to cancel a shareholder decision from September 2010, which amended the statute of investment fund Fondul Proprietatea (FP.RO) and enabled the appointment of Frna...