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Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
AXA Life Insurance Wins RON18.1M Contract With Electrica
Romanian insurer AXA Life Insurance won in November an auction held by electricity distributor Electrica, for a 18.1 million lei (EUR4.23 million) health insurance contract.
Nuclearelectrica Restarts Reactor
Nuclearelectrica, operator of Romania's sole nuclear power plant, Wednesday restarted the reactor 2, after a malfunction was remedied.
Teraplast Sells Ceramic Tile Business For EUR1M
Romanian construction materials maker Teraplast (TRP.RO) Wednesday said it has sold its ceramic tile business to Teracota Bistrita, for EUR1 million.
IMF Sees Romania's Structural Deficit At 0.1% Of GDP In 2012
Romania's structural deficit will drop from 2.8% of the gross domestic product this year, to 0.1% of the GDP in 2012, thus respecting the 0.5% limit established in the latest European summit...
Eureko Asigurari De Viata Appoints A Second Deputy GM
The shareholders of insurer Eureko Asigurari de Viata have decided to create a new deputy general position, which will be held by current chief commercial officer Alexandru Leondari.
Hidroelectrica Finishes EUR75M Power Plant
Romanian state-owned hydropower producer Hidroelectrica on Tuesday announced the completion of a hydropower plant in southern Romania, following an investment of EUR75 million.
Oltchim Maintains Furlough For 1,000 Employees
Romanian chemical company Oltchim (OLT.RO) will maintain 993 employees on furlough in January 2012, continuing a measure taken over the past five months for lack of raw materials and working...
Romania May Cease Gas Supply To Companies In Cases Of Force Majeure
The gas supply of chemical plants and power producers, with consumption of more than 30,000 cubic meters per hour, will be limited or ceased in case of force majeure, which will also include...
Bucharest Stocks Close Down, SIFs Dive
The Bucharest bourse closed down Tuesday, on moderate traded values, while the five regional investment funds, or SIFs, dropped by more than 3% on average.
Romania May Link Energy Market With Other EU States
Romania's energy market might be linked to its counterparts in the Czech Republic, Slovakia and Hungary, state-owned power grid operator Transelectrica (TEL.RO) said Tuesday.
Bucharest Stocks Close Nearly Flat, SIFs Fall
The Bucharest bourse closed Monday roughly flat on the day, on moderate traded values, while the five regional investment funds, or SIFs, dropped by more than 2% on average.
Competition Council Probes Meal Voucher Market For Collusion Among Top Players
Romanian competition authorities performed inspections at three meal voucher issuers--Edenred, Sodexo Pass and Cheque Dejeuner--following suspicions of agreement between the three.