Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Enel Green Power Gets EUR112M Loan For Romanian Wind Projects
Enel Green Power, the renewable energy division of Italian utility Enel, obtained financing of EUR112 million from the Danish government's Export Credit Agency (EKF) to invest in wind farm p...
Sofiproteol To Invest EUR10M By Yearend In Romania
French group Sofiproteol on Friday informed Romanian Prime Minister Emil Boc that it plans to invest EUR10 million this year in technological upgrades at the two plants it owns in the Easter...
OMV Petrom 3Q Gas Sales Up 15% On Year To 840 Mln Cubic Meters
Romanian oil and gas company OMV Petrom (SNP.RO) reported a 15% rise in third quarter natural gas sales, to 840 million cubic meters, from 730 million cubic meters in the same interval of 20...
Bucharest Stocks Close Down, SIFs Buck Trend
The Bucharest bourse closed down Thursday, but the five regional investment funds, or SIFs, ended in green territory, after a session in which investment fund Fondul Proprietatea (FP.RO) onc...
Zimtub To Pay RON3.96/Share In Delisting Procedures
The minority shareholders of pipe maker Zimtub (ZIM.RO) who disagree with delisting can sell their shares for 3.9647 lei (EUR0.915), a price that is 58% higher than the latest closing on the...
Romanian Agriculture Machinery Market Seen Up 10% In ’11, To EUR60M
Romanian agriculture machinery maker Ruris expects the local machinery market to rise by some 10% this year, to some EUR60 million, from EUR54 million in 2010.
China Gezhouba Group Mulls Involvement In Romanian Hydropower Project
China Gezhouba Group International Engineering, active in transport infrastructure, energy and tourism, expressed its intention of “firm” involvement in the construction of the Tarnita-Lapus...
Interprime Properties To Choose Architect For Timpuri Noi Platform By Yearend
Interprime Properties, part of furniture retailer IKEA, on Thursday said that by the end of the year it will have an architect for the real estate project it is planning on the former Timpur...
Romania Falls 7 Positions To 72 In World Bank’s Doing Business 2012 Report
Romania dropped seven positions in the World Bank’s annual report Doing Business ranking 72nd among 183, mainly because it now asks for a tax clearance certificate for a new company’s headqu...
Bucharest Stocks Open Down, Eyes On Financials
The Bucharest bourse opened Thursday with a slight decline, on improved traded values, while investors were focusing mainly on the shares of lenders and Fondul Proprietatea (FP.RO).
Leu Opens Weaker Vs Euro, Recovers Later
The leu opened Thursday slightly weaker against the euro and registered some insignificant oscillation in the beginning of the session, on low traded volumes.
Binkofski, Microsoft Romania: I Don't Think Microsoft Will Buy Nokia
U.S. giant Microsoft will not buy mobile phones maker Nokia, mainly because it is a software company, Microsoft Romania chief executive officer Ronald Binkofski said Wednesday, adding this i...