Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Romanian Open-End Fund Assets Drop 1.4% In October, To RON6.89B
Romanian open-end investment funds reported cumulated net assets of 6.89 billion lei (EUR1.58 billion) in October, down 1.4% on the month, while foreign investment funds distributed on the l...
Asmita Gardens Dubbed Insolvent At Alpha Bank's Request
The Bucharest court on Monday approved an insolvency claim filed by Alpha Bank against the developer of Asmita Gardens, one of Bucharest’s largest residential compounds.
OMV Petrom 9-Month Gas Production Up 3% To 3.96 Bln Cubic Meters
Romanian oil and gas group OMV Petrom's (SNP.RO) natural gas production in Romania and Kazakhstan increased 3% in the first nine months, to 3.96 billion cubic meters, from 3.84 billion cubic...
Bread Maker Titan Swings To RON7.6M Profit In Jan-Sep
Romanian grain mill products maker Titan (MPN.RO) on Wednesday reported a net profit of 7.57 million lei (EUR1.73 million) in the first nine months, compared to a loss of RON2.56 million in...
Comelf Bistrita 9-Month Pretax Profit Quadruples To RON2M
Romanian mining machinery maker Comelf Bistrita (CMF.RO) on Wednesday reported a pretax profit of 2.1 million lei (around EUR450,000) for the first nine months of 2011, compared to some RON0...
SIF Banat-Crisana Signs Deal To Sell BCR Stake To Erste
Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) on Tuesday signed a deal with Erste Group Bank (EBS.RO) to sell the stake it owns in lender BCR, under terms approved in a share...
Erste, BCR Lend EUR50M To Four Mechel Units In Romania
Erste Group Bank (EBS.RO) and its Romanian arm Banca Comerciala Romana, or BCR, are granting a EUR50 million loan to four companies owned by Russian steel giant Mechel in Romania, to refinan...
Leu Opens Flat Vs Euro, On Corporate Trading
The Romanian leu opened Wednesday with an insignificant increase against the euro, in a quiet market where activity came mainly from banks trading for corporate clients.
Bucharest Stocks Open Up, In Quiet Market
The Bucharest bourse opened Wednesday with an increase, on low traded volumes, with OMV Petrom’s (SNP.RO) record profit in the backdrop.
OMV Petrom 9-Mo Profit Doubles On Year To RON2.9B
Oil group OMV Petrom (SNP.RO) on Wednesday reported a net profit of 2.921 billion lei (EUR694.5 million) for the first nine months of the year, doubled on the year, while sales rose 23% to R...
Intesa Sanpaolo Romania 9-Mo Loss Widens To EUR17M
Lender Intesa Sanpaolo Romania posted a loss of EUR17 million in the first nine months of the year, compared to EUR4 million in the same interval of 2010, according to a financial report pub...
Oil Terminal Jan-Sep Net Profit Halves On The Year, To RON1.7M
Harbor operator Oil Terminal Constanta (OIL.RO) on Tuesday reported a net profit of 1.7 million lei (EUR390,472) for the first nine months of the year, compared to RON3.7 million in the same...