Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Romania Allows Sterling Resources To Share Stake In Black Sea Blocks
Romania’s mineral resources administrator ANRM approved the transfer of a 35% stake in two Black Sea oil blocks from Sterling Resources to two firms partnered with the Canadian company.
Cernavoda Nuke Plant To Shut Down Reactor For Part Replacement
Nuclearelectrica, operator of Romania’s sole nuclear power plant, Friday said it will shut down one of its two reactors on Sunday, in order to replace a used component in the unit.
French Filasa To Invest EUR780M In Romania’s Largest Wind Farm Project
French group Filasa on Thursday launched a EUR780 million investment project in northeastern Romania, targeting the construction of 12 wind farms.
Tenaris Plans To Invest $150M In Romania By 2013
Oil pipe maker Tenaris on Thursday announced it plans to invest $150 million in Romania between 2011 and 2013, mainly in the construction of two new production units.
Bucharest Stocks Close Almost Flat, SIFs Extend Gains
The Bucharest bourse closed Wednesday roughly flat, on improved traded values, but the five regional investment funds, or SIFs, continued previous session's rally.
Fribourg Development To Invest EUR20M In Technological Park In Cluj-Napoca
Romanian Fribourg Development on Wednesday announced it will earmark EUR20 million to convert the Libertatea furniture plant in Cluj-Napoca to a technological park.
Thermal Power Producer Turceni To Lay Off 200 Employees - Draft
Romanian state-owned thermal power producer CE Turceni will lay off 200 employees in view of improving efficiency, according to the explanatory note of an emergency ordinance drafted by the...
Romanian Fuel Market Antitrust Probe Nears Completion
Romania’s competition authorities have partially completed an antitrust investigation launched in 2005 on the fuel market, regarding the prices applied by oil companies, Competition Council...
Altex To Launch EUR4M Shopping Center In Alba Iulia
Electronics retailer Altex will launch Thursday a shopping center in central Romania, developed by the group's real estate division Cometex following an investment of EUR4 million, funded fr...
NEPI Joins Two Firms To Build Mall In N Bucharest
South-African investment fund New Europe Property Investments, or NEPI, associated with Benevo Capital and CD Capital in view of developing the Victoria City Center in northern Bucharest.
Romanian 2011 Retail Property Deals Value Down 82.5% To EUR17M
Retail property deals dropped 82.5% in value in Romania this year, compared to 2010, registering one of the lowest overall values in Europe, according to a Cushman&Wakefield survey.
SIFs' Asset Value Drops 5% In October To RON6.17B
The net asset value of the five Romanian regional investment funds, or SIFs, dropped 5% in the month and were down 11% since the beginning of the year, to 6.173 billion lei (EUR1.416 billion...