Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Bucharest Apartment Prices Down 3%-5% In 2011 - Survey
Apartment prices in Bucharest dropped by 3% to 5% on the year in 2011, compared to a decline of 16% in 2010, according to a report by realty portal imopedia.ro.
Coca-Cola HBC Names Romanian Unit GM As Its New CFO
Coca-Cola Hellenic Bottling Company on Monday announced the appointment of Michalis Imellos as chief financial officer, replacing Robert Murray who will resign starting 2012.
Romanian Nuke Plant Operator Shuts Down Reactor For Repairs
Nuclearelectrica, operator of Romania's sole nuclear power plant at Cernavoda, Monday shut down the plant's reactor 2 in order to repair a malfunction.
Erste Widens Its Stake In BCR To 88%
Austrian Erste Group Bank (EBS.RO) on Monday announced it has taken over another 6% in Romanian lender BCR, following deals struck with the five regional investment funds, or SIFs, widening...
SIF Oltenia Contributes RON37.1M To BCR Share Capital Hike
Regional investment fund SIF Oltenia (SIF5.RO), the only SIF not to sell its BCR stake to Austrian Erste, contributed 37.1 million lei (EUR8.54 million) to a share capital increase at the Ro...
Leu Opens Mildly Stronger Vs Euro, On Pre-Holiday Exchanges
The leu opened Monday a bit stronger against the euro, aided by low-volume euro sales seen by dealers as the actions of Romanians abroad who are coming home for the holidays.
Bucharest Stocks Open Down, In Quiet Market
The Bucharest bourse opened Monday with a decline, on very low traded volumes, with the large part of investment foucusing on the main investment funds.
Bucharest Bourse Closes Down, Financial Stocks In Focus
The Bucharest bourse closed Friday below par, on lower traded values, with investors aiming mainly the shares of banks and investment funds.
Bucharest’s Theodor Pallady Blvd. Targeted By Investments Worth EUR500M
Bucharest’s Theodor Pallady boulevard will draw investment of more than EUR500 million over the next two years, especially in retail and on the auto segment, according to Bucharest District...
SIFs Profits, Assets Boosted In November By BCR Stake Sales
The transactions whereby Austrian Erste Group Bank (EBD.RO) bought the BCR stakes owned by the five Romanian regional investment funds, or SIFs, brought an increase in the assets and profits...
Romcarbon Partners With Global Finance To Develop Recycling Activity At Three Firms
Romanian plastic systems maker Romcarbon Buzau (ROCE.RO) plans to draw capital for the development of activity at three firms where it holds stock in association with investment fund South E...
Romania Extends Bidding Deadline For Cupru Min Takeover
Romanian authorities extended by three months, until April 2012, the deadline by which companies can file bids to buy mining company Cupru Min, Economy Ministry official Claudiu Stafie said...