Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Leroy Merlin Romania Boosts Share Capital By RON22.2M, To RON102.8M
Bucharest DIY store Leroy Merlin Bricolaj, owned by French group Adeo, has increased its share capital by 22.2 million lei (EUR5.15 million), to RON102.8 million, through cash contribution.
Bucharest Stocks Close Down, Proprietatea Drives Trades
The Bucharest bourse closed Friday with a decrease, on high traded values, in a market where players focused mainly on the shares of Fondul Proprietatea (FP.RO) and those of lenders.
OMV Petrom Acquired Maintenance, Transport Worth EUR100M In September
Romanian oil and gas producer OMV Petrom (SNP.RO) acquired in September maintenance and transport services worth an approximate total EUR100 million, from subsidiaries of Austrian group Chri...
Somaco Grup Prefabricate Ups Share Capital BY EUR5.3M
Construction materials maker Somaco Grup Prefabricate, owned by Oresa Ventures, has increased its share capital by 22.89 million lei (EUR5.3 million), to RON61.83 million, through the conver...
Sterling Resources Strikes Deal With Authorities For Black Sea Block Exploration
Canadian Sterling Resources on Friday said it has reached an agreement with Romania’s Economy Ministry enabling the former to continue exploration on several blocks in the Black Sea.
EBRD May Lend EUR92M For Wind Farm In SE Romania
The European Bank for Reconstruction and Development is considering issuing a loan worth up to EUR92 million for Cyprus-registered EPGE, in view of funding the construction of a wind farm in...
Most Companies In Romania To Boost Investment Over Next Five Years
Most companies in Romania are planning to widen their investment and increase staff by more than 50% over the next five years, according to a study by the American Chamber of Commerce in Rom...
Bucharest Stocks Close High, Trading Jumps
The Bucharest bourse closed Thursday with a robust increase, on much higher traded values, as players showed improved sentiment following the EU summit.
Chevron To Start Romanian Wells For Unconventional Gas In 2012
US oil group Chevron will start drilling in Romania in 2012, seeking unconventional gas, Thursday said the company’s Romania manager, Thomas Holst, during a seminar.
Romania Might Boost Natural Gas Reserves From Black Sea Blocks
Romania’s secure natural gas reserves, estimated to cover consumption over the next 15 years, could be increased following drilling in the Black Sea, Thursday said Alexandru Patruti, preside...
CFR SA Halves Nine-Month Loss To RON262.48M
Railway administrator CFR SA reduced its nine-month loss by 55.05%, to 262.48 million lei, from RON583.92 million, according to a news release issued Thursday.
Leu Opens Weaker Vs Euro, Recovers Early
The leu opened Monday slightly weaker against the euro, but soon recovered the ground lost, on low traded volumes and improved sentiment.