Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
KIWI Finance Appoints Former OTP Bank Director As Head Of Sales
Former OTP Bank director Gabriel Cretu was appointed Head of Sales at Romanian credit broker KIWI Finance, replacing Traian Stancu who was promoted to the position of Chief Operating Officer...
Danone Romania Appoints New General Manager
Dairy maker processor Danone Romania on Monday announced the appointment of Dieter Schulz as general manager, starting April 1, replacing Stephan Batoux.
Potential Nuke Plant Investors Want Better Pricing - Official
Potential investors in reactors 3 and 4 at nuclear power plant Cernavoda are awaiting a “closer to reality” price evaluation for the project, but authorities are also considering going solo...
BRD Gets EUR30M From EBRD For Energy Efficiency On-Lending
The European Bank for Reconstruction and Development, or EBRD, will issue funding worth EUR30 million to Romanian lender BRD-Groupe Societe Generale (BRD.RO), for on-lending to small and med...
Bucharest Stocks Open Up, In Quiet Market
The Bucharest bourse opened Monday with an upward tendency, on low traded values, while investors were focusing mainly on investment fund Fondul Proprietatea (FP.RO).
Leu Opens Weaker Vs Euro, On Low Volumes
The Romanian leu opened Monday unnoticeably weaker against the euro, on low traded volumes, while dealers suspect the central bank is still indirectly present to cool the leu’s weakening.
Leu Ends Weaker, As Players Still Favor Euro
The Romanian leu closed Friday a bit weaker against the euro, in a market where players bought more hard currency and the central bank intervened indirectly to curb the local currency’s weak...
BNR Likely To Cut Key Rate Again In May - Analysts
The central bank is expected to lower the key monetary policy rate by another 25 basis points in May, to 5%, but it is unlikely to go below this point, according to analyst estimations.
Chevron Agreements Are Not "Blank Check" - Environment Ministry
Romania’s Environment Ministry approved the shale gas drilling agreements concluded between mineral resources authority ANRM and US giant Chevron, and the agreements include environment obli...
Lending Lags, Despite Key Rate Cuts, Because Banks Are Morphing
Consecutive key rate reductions are not reflected in a resumption of credit because banks, especially Greek and Austrian-owned ones, are unfolding a gradual adjustment of the loan to deposit...
OTP Group Still Looking For Takeover Opportunities In Romania
OTP is still interested in buying a smaller Romanian bank, and it could resume talks to this end in the second half of the year, because Romania is a primary target for the group’s expansion...
CNVM Mulls Rasdaq Exodus To Bucharest Bourse's ATS
All companies listed on the Rasdaq market of the Bucharest Stock Exchange will be moved to the alternative trading system (ATS), and the bourse operator will then compile a list of firms eli...