Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Bucharest Stocks Close Flat, SIFs Jump
The Bucharest bourse closed flat Tuesday, on very low traded values, while the five regional investment funds, or SIFs, rose by more than 3% on average.
DPD Romania Eyes 10% YY Rise In December Deliveries
Courier and logistics firm Dynamic Parcel Distribution, or DPD, Tuesday said it expects deliveries to increase by 10% in December compared to the same interval of 2010.
Romanian Authorities Set Up Strategy For Coal Mining Firm SNLO
Romanian authorities will continue to lay off staff at coal mining company SNLO, cease underground activity, remove positions created through direct employment and send staff into furlough,...
KRUK International Managed Receivables Worth RON6.3B In Jan-Sep
KRUK International, the Romanian branch of Polish group KRUK, took over in the first nine months of this year receivables with a total book value of 6.3 billion lei (EUR1.45 billion), up 54%...
SME Loan Guarantee Fund To Pay Banks EUR31.8M This Year
Romania's SME loan guarantee fund estimates it will pay a total EUR31.8 million this year for loans issued by banks and not repaid, up 9% on the year, according to data presented Tuesday by...
Aerostar Bacau Plans To Invest RON21M In 2012
Romanian plane parts maker Aerostar (ARS.RO) on Tuesday said it plans to invest 20.9 million lei (EUR4.8 million) in 2012, up 44% from RON14.5 million, the amount estimated for this year.
Leu Opens Weaker Vs Euro, Recovers Early
The leu opened Tuesday slightly weaker against the euro, on very low traded volumes, but it soon recovered and returned to yesterday's closing levels.
Bucharest Stocks Open Up, On Low Trading
The Bucharest bourse opened Tuesday with a minor increase, on low traded volumes, while investors were mainly focusing on the shares of financials.
Erste CEO: Romania's "Brutal" Austerity Measures Show Good Coping Mechanisms
The austerity measures taken in Romania were "brutal", unthinkable in a Western country such as Germany or France, but people in the East "have learned to live with brutality", according to...
CEC Bank Blasts Government Decision Blocking Share Capital Hike
The fact that state-owned Romanian lender CEC Bank is no longer allowed to increase its share capital from the profits of previous years is an error, Monday said the bank's president Radu Gh...
Bucharest Stocks Close Down, On Timid Trading
The Bucharest bourse closed Monday on a downward trend, on very low traded values, with the bulk of activity focusing on the main investment funds.
Romanian Open-End Fund Assets Up 0.1% In November, To RON6.9B
The assets of local open-end investment funds inched up 0.1% in November, to 6.898 billion lei (EUR1.59 billion), and clients withdrew a total RON30.1 million (EUR6.9 million) from these fun...