Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Volksbank Romania Will Continue Activity, No Sale Talks For The Moment - CEO
Volksbank will continue to operate on the Romanian market, and an interruption of activity is out of the question, Friday said the bank’s chief executive officer Johann Lurf, adding sharehol...
Romania Takes EUR500M From EIB For Infrastructure, Eco Investment
Romanian authorities on Friday signed two deals with the European Investment Bank, for loans cumulating EUR500 million, aimed at funding the construction of a new subway line in Bucharest an...
Volksbank Group Puts Romanian Unit In “For Sale” Box
Lender Volksbank Romania will be transferred to a new division of Austrian group Volksbank, which includes non-core businesses, along with Volksbank Leasing International and Volksbank Malta...
Bucharest Stocks Open Undecided, On Low Trading
The Bucharest bourse opened Friday with an oscillating trend, on low traded volumes, while players were focusing on the main investment funds.
Leu Opens Roughly Flat Vs Euro, On Low Volumes
The leu opened Friday nearly flat against the euro, but it soon started to strengthen, helped by euro sale orders.
SIFs Ease Gains By Closing Bell, Keep Bucharest Bourse In Green
The Bucharest bourse closed Thursday with a solid increase, on high traded values, encouraged by positive news regarding an increase in the maximum ownership limit for the five regional inve...
SIF Moldova Trades BCR Stake For 1% In Erste
Regional investment fund SIF Moldova (SIF2.RO) received a 1% stake in Erste Group Bank (EBS.RO) in exchange for a 4.74% stake in BCR, thus becoming the second SIF to leave the Romanian bank'...
Competition Authorities OK Flanco Takeover By Asesoft
Romanian Competition Council on Thursday announced it has approved the takeover of electronics retailer Flanco Retail by Asesoft Web, part of the Asesoft group.
Romania Bans Local Gas Exports Pending Import Diversification
Romanian companies will not be able to export natural gas until import sources are diversified using the current infrastructure, according to a draft amendment to the gas law, approved Thurs...
Romanian Asesoft Distribution Sees 2011 Sales Up 24% At EUR180M
Romanian electronics distributor Asesoft Distribution expects sales to reach EUR180 million this year, up 24% on 2010, the company's president Iulian Stanciu said Thursday.
FM Logistic Romania Eyes 10% Rise In 2011 Sales, To EUR22M
Romanian logistics firm FM Logistic expects 10% higher sales in 2011, to EUR22 million, from EUR20 million in the previous year, company general manager Catalin Olteanu said Thursday.
CBRE Romania Appoints New Head Of Capital Markets
Realty consultants CB Richard Ellis on Thursday announced the appointment of James Heyworth Dunne as head of capital markets for Romania and Southeast Europe.