Curs BNR — 13.11.2026 EUR 5,3498 USD 4,8428 GBP 6,4023

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Andrei Cîrchelan

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

Brokers To Bid For Romgaz Listing By December 29

Brokers wishing to intermediate the listing of a 15% stake in Romanian state-owned gas producer Romgaz Medias can bid in the auction until December 29, the Economy Ministry said Monday in a...

Andrei Cîrchelan · 28.11.2011 · 15:14 · 1 min
ParkLake Plaza Mall Set For Completion In 4Q 2013 - Agent
Real Estate

ParkLake Plaza Mall Set For Completion In 4Q 2013 - Agent

Irish investment group Caelum Development wants to complete the ParkLake Plaza mall in Bucharest by the final quarter of 2013, following an investment of EUR250 million, exclusive agents Cus...

Andrei Cîrchelan · 28.11.2011 · 12:54 · 1 min
Trade Registry: Companies With A Total RON12.7B In Sales Went Insolvent In Jan-Oct
Analysis

Trade Registry: Companies With A Total RON12.7B In Sales Went Insolvent In Jan-Oct

Companies that went insolvent in Romania by the end of October this year have a cumulated turnover of 12.7 billion lei (some EUR3 billion), compared to RON15.7 billion in the same interval o...

Andrei Cîrchelan · 28.11.2011 · 12:53 · 1 min
Ameropa Holding Inks Agreements To Buy Romanian Azomures
Capital Market

Ameropa Holding Inks Agreements To Buy Romanian Azomures

Swiss fertilizer and grains trader Ameropa Holding concluded “a series of agreements” with the Turkish investors owning Azomures (AZO.RO), to buy the Romanian fertilizer maker.

Andrei Cîrchelan · 28.11.2011 · 12:22 · 1 min
Capital Market

Leu Opens Slightly Stronger Vs Euro, In Line With Peers

The Romanian leu opened Monday slightly stronger on the day, on low traded volumes, following the evolution of the other currencies in the region.

Andrei Cîrchelan · 28.11.2011 · 10:54 · 1 min
Capital Market

Bucharest Stocks Open Strong, Eyes On Financials

The Bucharest bourse opened Monday with a solid increase, on low traded values, while investors were focusing mainly on the shares of investment funds and Erste Group Bank (EBS.RO).

Andrei Cîrchelan · 28.11.2011 · 10:53 · 1 min
Housing Permits Down 13.7% On Year In October, To 2,924
Real Estate

Housing Permits Down 13.7% On Year In October, To 2,924

Romania issued 2,924 buildings permits for residential projects in October, down 24% on the month and 13.7% lower on the year, the statistics institute INS said Monday.

Andrei Cîrchelan · 28.11.2011 · 10:04 · 1 min
Macroeconomics

Managers Expect Increase In Retail, Declines In Constructions and Services In Winter Season

Companies expect retail to see a moderate increase, industry to stabilize, and services and construction to decline between November 2011 and January 2012, the statistics institute INS said...

Andrei Cîrchelan · 28.11.2011 · 10:04 · 1 min
Capital Market

Bucharest Stocks Close Flat, On Lolling Activity

The Bucharest bourse closed Friday roughly flat on the day, in an apathetic market where investors held back and targeted the regional investment funds, or SIFs, and Erste Group Bank (EBS.RO...

Andrei Cîrchelan · 25.11.2011 · 17:12 · 1 min
Ali Ergun Ergen Steps Down As Chief Of Baneasa Developments
HR

Ali Ergun Ergen Steps Down As Chief Of Baneasa Developments

Ali Ergun Ergen, head of the commercial area in the Baneasa project, owned by businessman Gabriel Popoviciu, will step down from his position at the end of the year, replaced by George Argen...

Andrei Cîrchelan · 25.11.2011 · 16:00 · 1 min
Energy

Zalau City Hall Takes Second Shot At Selling Power Plant

Investors interested in buying Uzina Electrica Zalau, sold by city hall at a starting price of EUR10.6 million, can file bids by January 5, and bids will be opened on January 12.

Andrei Cîrchelan · 25.11.2011 · 15:53 · 1 min
Capital Market

Court Forces Catalin Chelu To Pay Damages For Refusal To File For Takeover

Marking a first on the Bucharest stock exchange, businessman Catalin Chelu was forced by court order to pay damages for not launching an offer to takeover a firm, thus breaching market bylaw...

Andrei Cîrchelan · 25.11.2011 · 13:10 · 1 min