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Andrei Cîrchelan

Fields
Capital Market, Energy, Real Estate
Writing for ZF since
2011
Articles
1.882
Real Estate

Coldwell Banker Launches 15 New Offices In Romania

Real estate consultancy firm Coldwell Banker on Monday announced it has launched 15 new offices nationwide in Romania, bringing its local network to a total 36 offices.

Andrei Cîrchelan · 12.12.2011 · 13:33 · 1 min
Former Insurance Watchdog Chief To Run Guarantee Fund
Banks-Insurance

Former Insurance Watchdog Chief To Run Guarantee Fund

Nicolae Crisan, former president of insurance watchdog CSA, was appointed general manager of the Guarantee Fund, a CSA department that protects insurance beneficiaries in case of insurer ban...

Andrei Cîrchelan · 12.12.2011 · 13:02 · 1 min
Capital Market

Bucharest Stocks Close Flat, Amid Reduced Interest

The Bucharest bourse closed Friday roughly flat on the day, with investors focusing mainly on financial stocks, amid a mostly quiet session.

Andrei Cîrchelan · 09.12.2011 · 17:23 · 1 min
Alpha Bank, Raiffeisen Extend Credit Granted To Romanian Titan
Banks-Insurance

Alpha Bank, Raiffeisen Extend Credit Granted To Romanian Titan

Lenders Alpha Bank and Raiffeisen Bank Romania extended two credit facilities worth 25 million lei (EUR5.76 million) and EUR18 million respectively, contracted by bread maker and miller Tita...

Andrei Cîrchelan · 09.12.2011 · 14:37 · 1 min
IMF Urges Romania To Privatize Main Thermal Power Producer
Energy

IMF Urges Romania To Privatize Main Thermal Power Producer

The International Monetary Fund has asked Romania’s Government to transfer thermal power producer Electrocentrale Bucuresti (ELCEN) to the Economy Ministry and begin privatization procedures...

Andrei Cîrchelan · 09.12.2011 · 12:37 · 1 min
Capital Market

Romanian Leu Opens Weaker Vs Euro, In Line With Peers

The Romanian leu opened weaker against the euro Friday, on low traded volumes, following the trend of the other currencies in the region.

Andrei Cîrchelan · 09.12.2011 · 11:13 · 1 min
BRD Reshuffles Management: New CEO In 2012, Sorin Popa Promoted Within SocGen
Banks-Insurance

BRD Reshuffles Management: New CEO In 2012, Sorin Popa Promoted Within SocGen

The delegate general manager of Romanian lender BRD-Groupe Societe Generale (BRD.RO), Sorin Popa, will be promoted on January 2 to Paris headquarters, tasked with the commercial development...

Andrei Cîrchelan · 09.12.2011 · 11:12 · 1 min
Capital Market

Bucharest Stocks Open Down, On Low Traded Values

The Bucharest bourse opened Friday on a downward trend, on very low volumes, with investors trading mainly financial stocks.

Andrei Cîrchelan · 09.12.2011 · 11:12 · 1 min
Capital Market

Bucharest Stocks Close Flat, Investors Stay Passive

The Bucharest bourse closed Thursday on an undecided trend, on low traded volumes, while activity remained low in the market as half of the overall traded value came from the special deals.

Andrei Cîrchelan · 08.12.2011 · 17:32 · 1 min
HR

Nokia Romania Appoints New CEO

The Romanian unit of mobile phone maker Nokia on Thursday announced it has appointed Marcus Storkel as chief executive officer, replacing Razvan Petrescu at the completion of his three-year...

Andrei Cîrchelan · 08.12.2011 · 16:26 · 1 min
Oltchim Board To Discuss Rebound Solutions With PCC
Energy

Oltchim Board To Discuss Rebound Solutions With PCC

The management of Romanian refinery Oltchim (OLT.RO) has agreed to meet with German minority shareholder PCC SE and discuss the latter’s proposed alternatives to mend the company’s financial...

Andrei Cîrchelan · 08.12.2011 · 15:29 · 1 min
Energy

Nuclearelectrica Appoints Interim GM - Sources

Romanian nuclear power plant operator Nuclearelectrica appointed development manager Dumitru Dina as interim general manager, after the resignation of Pompiliu Budulan, people close to the m...

Andrei Cîrchelan · 08.12.2011 · 15:28 · 1 min