Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Bucharest Stocks Close Up, But SIFs Plunge
The Bucharest bourse closed Tuesday with a modest increase, on low traded values, but the five regional investment funds, or SIFs, dropped 3.5% on average after the Chmaber of Deputies postp...
Enel Romania Announces New Network Command Center
Power company Enel Romania on Tuesday announced it has completed construction of a command center for the Muntenia region (southeast Romania) within a EUR90 million investment program that i...
Porsche Finance Group Romania Appoints New CEO
Porsche Finance Group Romania on Tuesday announced it has appointed Alexander Nekolar as chief executive officer, replacing Kurt Leitner who was transfered to a new position within the Porsc...
DIY Retailer Dedeman Buys Plot For Second Store In Constanta
Romanian construction materials and do-it-yourself retailer Dedeman bought a 3.5-hectare plot for EUR6 million in southeast Romania, since it plans to build a second store in Constanta, Tues...
Romanian Prospectiuni Inks Exploration Deal For Seven Blocks In Senegal
Prospectiuni (PRSN.RO), a company owned by Romanian businessman Ovidiu Tender, obtained prospecting permits from the Senegal government for seven blocks, seeking gold, heavy metals and rare...
Bucharest Bourse Opens Down, Another Concefa Stake Sold On Deal Market
The Bucharest bourse opened down Tuesday, on low main market activity, while the deal market saw a transaction worth 6.45 million lei (EUR1.48 million) in constructor Concefa (COFI.RO).
Leu Opens Up Vs Euro, Peers Gain Ground
The Romanian leu opened Tuesday slightly stronger against the euro, and remained stable after the first hour of the session, while other currencies in the region were posting modest gains.
Bucharest Stocks Close Down, Fondul Proprietatea At All-time Low
The Bucharest bourse closed Monday on a downward trend despite a solid increase in the first half of the session, with Fondul Proprietatea (FP.RO) shares touching a new all-time low since th...
AFI Palace Cotroceni Reports EUR17.3M Rental Revenue In Jan-Sep
Israeli developer AFI Europe collected EUR17.3 million in the first nine months from renting out Bucharest mall AFI Palace Cotroceni, compared to EUR17.7 million in the same interval of 2010...
20% In Concefa Sold On Bucharest Bourse's Deal Market For RON6.4M
A 20.5% stake in construction company Concefa Sibiu (COFI.RO) was sold on the Bucharest Stock Exchnage’s deal market Monday, for a total 6.4 million lei (EUR1.4 million).
SIF Moldova Sells BCR Stake To Erste
Shareholders of regional investment fund SIF Moldova (SIF2.RO) on Monday agreed to sell the fund’s 6% stake in lender BCR to Erste Group Bank (EBS.RO), the fund said in a statement Monday.
Competition Council Clears EFG Eurobank, Alpha Bank Merger
Romanian Competition Council on Monday said it has approved the merger between Alpha Bank and EFG Eurobank, where the former absorbs the latter, concluding that antitrust regulations are not...