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

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Andrei Cîrchelan

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

SIF Moldova Requests BCR's Floating

Management at Romanian lender BCR added a new item on the shareholder meeting agenda set for November, namely talks on the floating of BCR stock, requested by regional investment fund SIF Mo...

Andrei Cîrchelan · 07.11.2011 · 16:30 · 1 min
Companies

Romania Lacks An Entrepreneurial Culture - MedLife President

Entrepreneurship means creating jobs, not dealing in real estate to boost profit, Monday said Mihail Marcu, chairman of the board at private healthcare operator MedLife.

Andrei Cîrchelan · 07.11.2011 · 16:22 · 1 min
Energy

Romgaz To Hold Auction For RON50M Prospection Deal

Romanian natural gas producer Romgaz Medias will hold an open auction on December 19 to award a 50.5 million lei (EUR11.6 million) prospection contract.

Andrei Cîrchelan · 07.11.2011 · 15:27 · 1 min
DTZ Echinox Appoints New Head Of Property Management
HR

DTZ Echinox Appoints New Head Of Property Management

Romanian realty consultancy firm DTZ Echinox on Monday said it has appointed Yves D'Arfeuille as head of property management.

Andrei Cîrchelan · 07.11.2011 · 14:36 · 1 min
Capital Market

SIF Banat-Crisana Reports RON20.6M Net Profit For Jan-Sep

Regional investment fund SIF Banat-Crisana (SIF1.RO) on Friday reported a net profit of 20.6 million lei (EUR4.9 million) for the first nine months of the year, compared to RON44.3 million i...

Andrei Cîrchelan · 04.11.2011 · 17:45 · 1 min
Capital Market

Bucharest Stocks Close Up, In Quiet Market

The Bucharest bourse closed Friday with a slight increase, on moderate traded values, while players focused mainly on the shares of financials.

Andrei Cîrchelan · 04.11.2011 · 17:12 · 1 min
Real Estate

Bucharest New Apartment Prices May Continue To Drop – Report

The prices of new homes may continued to decrease in Bucharest, given the reduced sales seen this year and the probability for demand to remain low in the near future as well, according to a...

Andrei Cîrchelan · 04.11.2011 · 16:00 · 1 min
Energy

Enel Trade Romania Cuts RON53M Off Share Capital, To Cover Loss

Enel Trade Romania, owned entirely by Italian utilities group Enel, reduced its share capital by 53 million lei (some EUR12 million), to RON21.2 million, to cover loss registered in previous...

Andrei Cîrchelan · 04.11.2011 · 13:18 · 1 min
Romania Needs Energy Price Deregulation For Companies To Invest
Energy

Romania Needs Energy Price Deregulation For Companies To Invest

Energy and gas prices need to be aligned with European ones between 2013 and 2015, or it will not secure necessary investment, worth EUR35 billion by 2020, especially on the energy segment,...

Andrei Cîrchelan · 03.11.2011 · 16:19 · 1 min
Energy

Power Grid Operator Transelectrica To Monitor Stations Online

State-owned power grid operator Transelectrica (TEL.RO) on Thursday announced it has launched a pilot-project, in partnership with Bucharest business consultants Nova Industrial, to monitor...

Andrei Cîrchelan · 03.11.2011 · 12:18 · 1 min
Mecanica Ceahlau Posts A 9-Mo Net Profit Of RON6.8M
Capital Market

Mecanica Ceahlau Posts A 9-Mo Net Profit Of RON6.8M

Farming machinery maker Mecanica Ceahlau (MECF.RO) on Thursday reported a nine-month profit of 6.8 million lei (EUR1.6 million), while revenue widened by 52.3% on the year.

Andrei Cîrchelan · 03.11.2011 · 12:08 · 1 min
Capital Market

Leu Opens Weaker Vs Euro, On Greek Uncertainty

The leu opened Thursday slightly weaker against the euro, in line with developments on international markets, as everyone fears the outcome of the upcoming Greek referendum on the EU bailout...

Andrei Cîrchelan · 03.11.2011 · 10:42 · 1 min