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
Banks-Insurance

Romanians To Pay 25% Upfront For Mortgage Loans In Euro

Banks in Romania will require a down payment of at least 25% for mortgage loans in euro and 40% for mortgage loans in other currencies, if the client’s incomes is not expressed and indexed i...

Andrei Cîrchelan · 01.11.2011 · 11:51 · 1 min
Capital Market

Bucharest Stocks Open Down, Eyes On Azomures

The Bucharest bourse opened Tuesday with a slight decrease, on renewed fears of a Greek debt-caused crisis, while investors were still focusing on the shares of Azomures (AZO.RO).

Andrei Cîrchelan · 01.11.2011 · 11:14 · 1 min
Capital Market

Leu Opens Weaker Vs Euro, On Renewed Greece Fears

The leu opened Tuesday weaker against the euro, in line with other currencies in the region, after an announcement that Greece would hold a referendum on the new European bailout agreement.

Andrei Cîrchelan · 01.11.2011 · 10:43 · 1 min
Energy

Romania ’10 Energy Resources Up 1% YY At 44.3M Toe

Romania’s energy resources rose 1% in 2010 compared with the previous year, while consumption widened by 1.6%, the country's national statistics office said Tuesday.

Andrei Cîrchelan · 01.11.2011 · 10:04 · 1 min
Capital Market

Bucharest Stocks Close Down, Azomures Jumps 40%

The Bucharest bourse closed Monday with a solid decline, after spending the entire session below par, while the shares of fertilizer maker Azomures (AZO.RO) were allowed variation of up to 4...

Andrei Cîrchelan · 31.10.2011 · 17:19 · 1 min
Capital Market

Ameropa Holding Negotiates Indirect Takeover Of Azomures

Swiss group Ameropa Holding is in advanced negotiations to take over Eurofert and Azomures Holdings, which hold a cumulated 75.87% stake in fertilizer maker Azomures (AZO.RO).

Andrei Cîrchelan · 31.10.2011 · 11:30 · 1 min
Capital Market

Bucharest Bourse Allows 40% Variation On Azomures Stock Price

Bucharest bourse operator BVB (BVB.RO) on Monday decided to raise the maximum allowed price variation limit to 40% from 15% for Azomures (AZO.RO), since news of a potential takeover of the c...

Andrei Cîrchelan · 31.10.2011 · 11:24 · 1 min
Volksbank Romania Transferred To VBI Beteiligungs GmbH Ownership
Banks-Insurance

Volksbank Romania Transferred To VBI Beteiligungs GmbH Ownership

Lender Volksbank International has transferred control of Volksbank Romania to a special vehicle, VBI Beteiligungs GmbH, with an identical shareholding structure, where Osterreichische Volks...

Andrei Cîrchelan · 31.10.2011 · 11:18 · 1 min
Capital Market

Leu Opens Weaker Vs Euro, In Quiet Market

The leu opened Monday weaker against the euro, in line with other currencies in the region, while traded volumes were low.

Andrei Cîrchelan · 31.10.2011 · 10:43 · 1 min
Capital Market

Bucharest Stocks Open Low, On Modest Trading

The Bucharest bourse opened Monday with a slight decline, on low traded values, while investors were focusing mainly on chemical company Azomures (AZO.RO).

Andrei Cîrchelan · 31.10.2011 · 10:37 · 1 min
Macroeconomics

Romania September Jobless Rate Rises To 7.5%

Romania's unemployment rate was at 7.5% in September, compared to 7.3% in August, seasonally adjusted data from the statistics institute INS showed Monday.

Andrei Cîrchelan · 31.10.2011 · 10:02 · 1 min
Capital Market

Turbomecanica Bucuresti Posts RON14.3M Loss At 9-Mo

Plane repair firm Turbomecanica Bucuresti (TBM.RO) on Friday reported a 14.3 million lei (EUR3.4 million) loss for the first nine months of the year, compared to a loss of RON6.3 million in...

Andrei Cîrchelan · 28.10.2011 · 18:42 · 1 min