Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Erste: Petrom, Albalact To See The Greatest Price Hikes On Bucharest Bourse In 2012
Romanian oil and gas company OMV Petrom (SNP.RO) and dairy maker Albalact (ALBZ.RO) have the greatest potential for growth on the Bucharest bourse over the next 12 months, according to a rep...
AGRI To Select Feasibility Study Consultant By Yearend
The consultant developing the feasibility study for gas route AGRI (Azerbaijan-Georgia-Romania Interconnector) will be selected in an auction held by the end of this year, according to Roman...
Nuclearelectrica Chief Resigns
The general manager of nuclear power plant operator Nuclearelectrica, Pompiliu Budulan, resigned.
Energy Prices To Rise In Bid To Cover Efficiency Costs - ANRE
Electricity and gas prices will rise once regulator ANRE asks energy distributors to approach clients with efficiency solutions, whose costs will be covered through the adjustment of deliver...
Bucharest Stocks Close Up, On Central Banks' Joint Effort
The Bucharest bourse closed Wednesday on an upward trend, following news that the U.S. Federal Reserve is coordinating a joint effort by the world's largest central banks to ease the liquidi...
Rompetrol Group Starts Oil Drilling Operations For Petrom
Romanian oil group Rompetrol on Wednesday announced it has started drilling operations, for the first time in Romania, following an investment of $8.5 million.
EBRD Lends EUR17.1M For Water, Wastewater Works In Sibiu
The European Bank for Reconstruction and Development on Wednesday announced it has issued a EUR17.1 million loan to Romanian water utility company S.C. Apa-Canal Sibiu.
Strabag Romania Works Value Dips 2% To EUR117M In First 9 Months
Construction company Strabag Romania performed works worth a total EUR117 million in the first nine months of the year, down 2% on the year, but the order backlog nearly tripled to EUR535.9...
Leu Stable Vs Euro, Dealers Suspect Central Bank Intervention
The Romanian leu opened Wednesday down against the euro, but it soon started to appreciate, with dealers suspecting a central bank intervention to support the currency, after Standard&Poor's...
SIF Moldova Sells BCR Stake To Erste
Romanian regional investment fund SIF Moldova (SIF2.RO) has concluded a binding agreement to sell the 6% it owns in lender Banca Comerciala Romana (BCR) to Erste Group Bank (EBS.RO), the lat...
Bucharest Stocks Open Undecided, On Reduced Interest
The Bucharest bourse opened almost flat Wednesday, on extremely low interest, with the only spark coming from a large transaction in investment fund Fondul Proprietatea (FP.RO) on the deal m...
INS: Romania Jobless Rate Dips To 7.3% In October
Romania's unemployment rate fell to 7.3% in October from 7.7% in the month before, seasonally adjusted data from the statistics institute INS showed Wednesday.