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

Translator RO-EN

Andrei Cîrchelan

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

Impact Developer&Contractor 9-Mo Loss Doubles To RON14.3M

Romanian realty developer Impact, owned by businessman Dan Ioan Popp, registered a loss of 14.3 million lei (EUR3.4 million) in the first nine months, more than double the RON6.7 million los...

Andrei Cîrchelan · 14.11.2011 · 20:21 · 1 min
Health

Antibiotice Posts 17.7% Rise In 9-Mo Net Profit, To RON24.85M

Romanian state-owned medicine maker Antibiotice Iasi (ATB.RO) on Monday reported a 17.7% year-on-year increase in its nine-month net profit, to 24.85 million lei (EUR5.9 million), form RON21...

Andrei Cîrchelan · 14.11.2011 · 20:09 · 1 min
Capital Market

Electromagnetica 9-Mo Net Profit Dn 25% YY To RON17.04M

Measuring device maker Electromagnetica (ELMA.RO) on Monday reported a net profit of 17.04 million lei (EUR3.92 million) for the first nine months, down 25.1% from RON22.76 million in the sa...

Andrei Cîrchelan · 14.11.2011 · 20:00 · 1 min
Capital Market

SIF Muntenia 9-Mo Net Profit Halves YY To RON13.2M

Regional investment fund SIF Muntenia (SIF4.RO) on Monday reported a net profit of 13.2 million lei (EUR3.1 million) for the first nine months, compared to RON28.3 million in the same interv...

Andrei Cîrchelan · 14.11.2011 · 19:49 · 1 min
Banks-Insurance

UniCredit Romania Pretax Profit Down 45% YY In Jan-Sep, To EUR33M

Italian group UniCredit on Monday announced a pretax profit of EUR33 million in Romania for the first nine months, down 45% from EUR59 million in the same interval of 2010.

Andrei Cîrchelan · 14.11.2011 · 19:45 · 1 min
Retail&Consumer

Romanian Ecopack Ghimbav 9-Mo Net Profit Jumps To RON3M

Romanian cardboard box maker Ecopack Ghimbav on Monday reported a net profit of 3 million lei (EUR715,000) for the first nine months, compared to RON52,520 in the same interval of 2010.

Andrei Cîrchelan · 14.11.2011 · 19:10 · 1 min
Capital Market

Biofarm 9-Mo Sales Up 12% YY To RON67.2M

Sales seen between January and September by Romanian medicine maker Biofarm Bucuresti (BIO.RO) rose 12% on the year, to 67.2 million lei (EUR16 million), from RON59.7 million in the same int...

Andrei Cîrchelan · 14.11.2011 · 19:06 · 1 min
Energy

TMK Artrom Slatina Reports RON61.3M Net Profit For Jan-Sep

Romanian tube maker TMK Artrom Slatina (ART.RO), owned by Russian steel group TMK, on Monday reported a net profit of 61.3 million lei (EUR14.6 million) for the first nine months of the year...

Andrei Cîrchelan · 14.11.2011 · 18:55 · 1 min
Banks-Insurance

BCR Shareholders OK RON644M Share Capital Hike

Shareholders of Romanian lender BCR on Monday approved a share capital increase of up to 644 million lei (EUR148.2 million), to RON1.7 billion, and rejected a proposition to float the bank’s...

Andrei Cîrchelan · 14.11.2011 · 18:49 · 1 min
Energy

Romanian Electrica Expects To Sell Green Certificates For EUR210M In By 2017

Romanian state-owned electricity producer Electrica expects to obtain up to EUR210 million between 2012 and 2017 from green certificate sales.

Andrei Cîrchelan · 14.11.2011 · 18:13 · 1 min
Capital Market

Electroputere 9-Month Loss Widens To RON49M

Romanian train parts maker Electroputere Craiova (EPT.RO) posted a net loss of 48.92 million lei (EUR11.26 million) in the first nine months, wider than RON37.63 million in the same interval...

Andrei Cîrchelan · 14.11.2011 · 18:08 · 1 min
Capital Market

Leu Ends Slightly Weaker Vs Euro, In Line With Peers

The Romanian leu saw a slight weakening tendency in late trade Monday and by the end of the session it had lost all the ground gained earlier, while other currencies in the region were seein...

Andrei Cîrchelan · 14.11.2011 · 18:06 · 1 min