Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Isarescu: Public Sector Pay Hikes Won’t Hurt If Budget Targets Are Met
The restoration of public sector wages in Romania could lead to a gradual restoration of internal demand and it should not cause too much stir if budget targets agreed with the International...
H&M Posts First Quarter Sales Worth SEK127M In Romania
Fashion retailer H&M posted sales of 127 million Swedish krona (some EUR14.3 million) in Romania between December 2011 and February 2012, the first quarter of fiscal year 2012, according to...
Banca Transilvania Eyes 20% Hike In 2012 Pretax Profit, To RON33.47M
Romanian lender Banca Transilvania (TLV.RO) on Thursday said it expects a 20% year-on-year increase in pretax profit, to 334.7 million lei (EUR76.4 million) in 2012 from RON278.2 million a y...
US Halliburton To Open Production Facility In Ploiesti West Park
US giant Halliburton rented 7,700 square meters in Romanian industrial park Ploiesti West Park, where it will build a production unit as the first stage of a wider investment plan, according...
Brokers Of Transelectrica's Offering Confirm Sale Price
Brokers of the secondary public offering of Romania's power grid operator Transelectrica (TEL.RO) Thursday confirmed the sale prices at 14.9 lei (EUR3.4) per share for institutional investor...
Raiffeisen Reports EUR94M Net Profit In Romania, Down 6.5% On Year
Austrian group Raiffeisen Bank on Thursday reported in its financial results for 2011 a 6.5% year-on-year decline of its profit after tax in Romania, to EUR94 million, despite higher revenue...
C&W: Industrial Space Rental In Romania May Widen By 15%-20% In 2012
The overall surface of industrial space rented in Romania could grow by 15%-20% this year, from 150,000 square meters in 2011, according to realty advisors Cushman&Wakefield Romania.
Number Of Insolvencies Down 10% On Year In First Two Months
The number of Romanian companies going insolvent in the first two months of the year narrowed by 10% compared to the same interval of 2011, to 2.608, with firms in retail and construction ta...
Impact Developer&Contractor Assets Seized In Adjacent Case
The tax fraud investigation of a Romanian firm spilled onto realty developer Impact Developer&Contractor (IMP.RO), causing the latter to have assets worth 16.8 million lei (EUR3.8 million) s...
Bucharest Stocks Open Up, Eyes On Financials
The Bucharest stock exchange opened Thursday with a timid increase, on low traded values, with investors focusing on financial stocks.
Leu Edges Over Euro, In Quiet Trading
The Romanian leu was slightly stronger against the euro Thursday morning, in a quiet market with low traded volumes.
EBRD Mulls RON33.2M Loan For Waterworks In NW Romania
The European Bank for Reconstruction and Development, or EBRD, could issue a loan worth 33.2 million lei (EUR7.8 million) to Romanian Apaserv Satu Mare for water and wastewater infrastructur...