Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Flanco Opens 5 Stores In December, In RON14M Invest
Romanian electronics retailer Flanco on Thursday said it has opened five stores in December, following an investment of 14 million lei (EUR3.25 million).
Rewe Romania Launches Five New Penny Market Stores
German retail group Rewe on Thursday announced it has launched five new stores under the brand Penny market in Romania, bringing its local network to a total 128 units nationwide.
Banca Transilvania To Buy Back 0.67% Stake For Loyalty Program
Romanian lender Banca Transilvania (TLV.RO) plans to buy back 0.67% of its shares in the first half of 2012, for an estimated 10.32 million lei (EUR2.4 million), under an employee loyalty pr...
The Rompetrol Group Expands Gas Station Network In France
French Dyneff, owned by the Rompetrol group, on Thursday announced it has expanded its gas station network in France after launching a new station some 320 km from Paris.
Bucharest Stocks Open Undecided, On Low Activity
The Bucharest bourse opened Thursday with an oscillating trend, on very low traded volumes.
Leu Opens Flat Vs Euro
The leu opened flat against the euro Thursday, on low traded volumes.
Mobexpert Sees 3% Rise In 2011 Sales
Furniture maker Mobexpert on Wednesday reported a 3% year-on-year rise in sales this year, and it expects sales to rise by another 2%-3% in 2012, from some EUR115 million in 2010.
Bucharest Stocks Close Up, Trading Picks Up
The Bucharest bourse closed Wednesday with an increase, on improved traded values, while investors kept focusing on financials
Competition Council Recommends Differentiated Fines For Fuel Companies After Probe
The Romanian Competition Council's report on the fuel market investigation recommends differentiated fines between companies, the body's president, Bogdan Chiritoiu, said Wednesday.
McDonald's Romania Sees 2011 Sales At Over EUR100M
Fast food chain McDonald's Romania expects sales to top EUR100 million this year, after reporting a turnover of some EUR99 million in 2010.
Local Food Maker Sees Tough Year Ahead, Still Plans Large Investment
Although 2011 was a good year for agriculture and food producers, 2012 might not be as good, because of economic uncertainty and the droughts seen this year in Romania, a local food maker sa...
Authorities Suspend Hidroelectrica Auction Over Complaint Surge
Romanian authorities decided to suspend an auction held by hydropower producer Hidroelectrica, for a computer system in a contract worth an estimated 47.4 million lei (some EUR10 million), f...