Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Emanuel Muntmark-Owned Firm Takes EUR68M Loan For Wind Farm
A company owned by businessman Emanuel Muntmark, Ewind Constanta, took out a EUR68 million loan from Erste Bank, to fund the construction of a wind farm in southeast Romania, people close to...
Bucharest Stocks Close Undecided, Trading Stays Low
The Bucharest bourse closed Wednesday roughly flat on the day, on low traded volumes, while investors focused mainly on financial stocks.
MedLife Launches Orthopedics Hospital In Bucharest
Romanian private healthcare provider MedLife on Wednesday launched an orthopedics and trauma hospital in Bucharest, following an investment of EUR8.5 million.
Immofinanz Has 42 Residential Projects In Romania
Austrian Immofinanz has 42 residential projects in Romania, with a total surface of 1.4 million square meters upon completion, with most of the property located in Bucharest or its surroundi...
Euronet Worldwide Takes Over Romanian PayNet Romania
US-based Euronet Worldwide announced it has bought Smart PayNetwork (PayNet), a Romanian payment services supplier that processes around 15 million card transactions each year.
Ariton: State-owned Turceni, SNLO To Lay Off 500 People By Yearend
Romanian Economy Minister Ion Ariton on Wednesday said a total 500 employees will be laid off, by December 31, from thermal power producer Turceni and mining company SNLO.
Romania To Hike Gas Prices For Companies By 5% Come Jan 2012
The price of natural gas for industrial consumers will grow by another 5% starting January 2012, under an agreement concluded between the Government and the International Monetary Fund.
Johnson Control Buys Romanian Spumotim's Auto Division
U.S. car parts maker Johnson Control announced it has bought the automotive division of Romanian polyurethane foam maker Spumotim Timisoara, for an undisclosed amount.
Banca Carpatica Appoints New Board Member
The shareholders of Romanian lender Banca Carpatica (BCC.RO) on Tuesday appointed Silviu Popa as member of the Supervisory Board, replacing Emilia-Elena Uca, who resigned in May.
Romania Saw 11% Rise In Realty Deal Numbers In First 10 Months
The number of real estate transactions unfolded in Romania between January and October rose 11% on the year, to 526,558, the land registry authority ANCPI said Tuesday.
Bucharest Stocks Close Down, On Activity Slump
The Bucharest bourse closed down Tuesday, on very low traded values, while the five regional investment funds, or SIFs, dove almost 4%.
Trihenea Leaves Hidroelectrica Helm For Personal Reasons
Romanian Economy Minister Ion Ariton told MEDIAFAX Tuesday that Constantin Trihenea, general manager of state-owned hydropower producer Hidroelectrica, resigned for personal reasons.