Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Bucharest Stocks Close Up, Investors Stay Passive
The Bucharest bourse closed up Wednesday, but the activity was again extremely low, and three quarters of the overall traded value came from transactions in investment fund Fondul Proprietat...
Polish Enterprise Fund VI Invests Another EUR10M In Romanian Retailer Profi
Private equity fund Polish Enterprise Fund (PEF) VI on Wednesday said it will add EUR10 million to the share capital of Romanian company Profi Rom Food, for investment in the expansion of th...
Romania Shows Upcoming Nuke Reactor Literature To Chinese Bidder
Romanian nuclear power plant operator Nuclearelectrica on Wednesday signed an agreement with China Guangdong Nuclear Power Group, allowing the Chinese company to view the literature on the c...
GDF Suez Romania: For Energy Prices The Only Way Is Up
The only trend seen by energy prices is upwards, but mechanisms need to be found to protect vulnerable consumers, Eric Stab, country manager for Romania within GDF Suez, said Wednesday.
Petrom: Diesel Fuel Prices Grow Because Demand Is High
The increase in diesel fuel prices comes from increased demand for this product, as Romania produces less of this fuel than it consumes, Wednesday said Mariana Gheorghe, chief executive offi...
Banca Transilvania: IT Investments Should Leave Room To Meet The People
Romanian lender Banca Transilvania (TLV.RO) has earmarked large amounts for investment in IT&C, but it has not managed to achieve its goal of replacing paper, Tiberiu Moisa, the bank's execu...
EBRD Buys Minority Stake In CallPoint New Europe For EUR3M
The European Bank for Reconstruction and Development recently bought a minority stake, for EUR3 million, in Bulgarian firm CallPoint New Europe, which has call center operations in Romania a...
Prefab Seeks Loans Worth EUR20M
Romanian construction materials maker Prefab Bucuresti (PREH.RO) plans to contract bank loans worth up to a total EUR20 million, to support production this year and the investments planned f...
Bucharest Stocks Open Flat, On Low Trading Appetite
The Bucharest bourse opened Wednesday roughly flat on the day, while traded values remained extremely low.
Leu Opens Stronger Vs Euro, Regains Ground Lost Yesterday
The Romanian leu opened Wednesday stronger against the euro, recouping part of the ground lost in the day before, when it closed above 4.36 units.
Bucharest Stocks End Down, Interest Stays Low
The Bucharest bourse closed Tuesday with a slight decrease, on reduced traded values, as mood on the international markets was pretty gloomy amid concerns over the European debt crisis.
Romania Will See More Reorganizations Than Bankruptcies In 2012 - Liquidator
Insolvency claims by companies will continue in 2012, but judicial reorganizations will outweigh bankruptcies, Tuesday said Rudolf Paul Vizental, senior partner within liquidator Casa de Ins...