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Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Bucharest Stocks Close Up, SIFs Maintain Growth Pace
The Bucharest bourse closed up Friday, on reduced traded volumes, while the bulk of activity focused on the main investment funds and lender Erste Group Bank (EBS.RO).
Hidroelectrica Maintains Force Majeure Despite Authorization Withdrawal
The managing board of hydropower producer Hidroelectrica will notify all clients that force majeure will be maintained, despite a Chamber of Commerce decision to cancel the force majeure app...
UAMT Oradea 9-Month Net Profit Rises To RON0.19M
Romanian car parts maker UAMT Oradea (UAM.RO) Friday reported a net profit of 187,494 lei (EUR43,105) for the first nine months, up 17.5% from RON220,209 in the same period of 2010.
Insolvent Uztel Posts Narrower Loss In Jan-Sep, At RON1.9M
Romanian oil machinery maker Uztel Ploiesti (UZT.RO) posted a loss of 1.9 million lei (EUR437,000) in January to September this year, compared to RON11.2 million in the same interval of 2010...
Hidroelectrica Battles Force Majeure Authorization Withdrawal
Romanian hydropower producer Hidroelectrica on Friday said the Chamber of Commerce abusively withdrew the force majeure approval issued in September, which enabled the company to limit deliv...
Bucharest Stocks Open Up, Eyes On Financials
The Bucharest bourse opened Friday with a moderate increase, on low traded volumes, while investors were focusing mainly on shares of the Erste Group Bank (EBS.RO) and of the five regional i...
Leu Opens Flat Vs Euro, On Low Volumes
The Romanian leu opened Friday roughly flat against the euro, on low traded volumes, while dealers don't rule out a new intervention from the central bank if the local currency enters a down...
Cocor Posts RON5M Loss In January-September
Shopping center operator Cocor Bucuresti (COCR.RO) on Thursday reported a loss of 5 million lei (EUR1.14 million), compared to a loss of RON5.4 million in the same interval of the previous y...
Albalact 9-Mo Net Profit Rises 47% On Year To RON3,15M
Dairy maker Albalact (ALBZ.RO) on Thursday reported a net profit of 3.15 million lei (EUR385,000) for the first nine months of the year, up 46.8% from RON2.39 million in the same interval of...
Avicola Buzau To Take RON15.6M Loan From Eximbank
Shareholders of poultry meat producer Avicola Buzau (AVZU.RO) allowed the company to take out a 15.6 million lei (EUR3.6 million) loan from Eximbank, to use as working capital and to refinan...
Rompetrol Rafinare Nine-Month Loss Narrows 19% YY To $113.3M
Rompetrol Rafinare (RRC.RO) on Thursday reported a net loss of $113.3 million for the first nine months of the year, down 18.8% from a loss of $139.6 million in the same interval of the prev...
Economy Ministry: Russian TISE Interested In Buying Oltchim
Russian electricity producer TISE is interested in buying the majority stake in chemical company Oltchim (OLT.RO), according to a news release issued Thursday by the Romanian Economy Ministr...