Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Siveco May Float Stock In Romania Within Five Years
Computer solutions supplier Siveco Romania may float stock within the next five years on a Romanian market, either in Bucharest or in Sibiu, the company’s general manager Irina Socol said Tu...
Alro Slatina Shuts Down Production Unit On Reduced Power Supply
Romanian aluminum maker Alro Slatina (ALR.RO) Tuesday said it has started procedures to shut down a production unit, because of reduced electricity deliveries from its main supplier, Hidroel...
Talpes: Bitdefender Will Float Stock Within 2-3 Years
Computer protection software producer Bitdefender will float stock within 2-3 years, but more importantly it needs to develop a product that turns it into a leader with a vision, according t...
IBM: Romania Has Cheap Labor Force, But It Needs Innovation
Romania has several advantages, including low labor costs, which keep investors interested in the local market, Tuesday said Mihai Tudor, general manager of IBM South and East Europe, within...
EBRD Slashes Romania’s GDP Growth Forecast To 1.1% In 2012
The European Bank for Reconstruction and Development cut the economic growth forecast for Romania, in 2012, by 2.7 percentage points, to 1.1%, citing the high exposure to the Greek economy.
Leu Opens Weaker Vs Euro, On Negative International Sentiment
The leu opened Tuesday weaker versus the euro, as markets were daunted by underachievement in the evolution of China’s economy.
Bucharest Stocks Open Down, On Moderate Trading
Shares traded on the Bucharest Stock Exchange opened Tuesday with a sharp decline, on moderate traded values, while the bulk of activity focused on the main investment funds and Erste Group...
Moldova Universal Reports EUR15M Investment In 80% Complete Mall
Romanian developer Moldova Universal, owned by businessman Danut Prisecariu, has invested EUR15 million so far in the construction of a mall in northeastern Romania, and the unit is set for...
Bucharest Stocks Close Slightly Up, After Slow Session
The Bucharest bourse closed modestly up Monday, on low traded values, as investors focused mainly on the main investment funds and bank stocks.
Number Of Insolvencies Nears 14,000 In First 9 Months, Down 10% On Year
A total 13,984 firms went insolvent in Romania within the first nine months of the year, 10% less than in the same interval of the previous year, according to data from the national trade re...
Mohammad Murad To Invest EUR20M In Romanian Seaside Hotels By 2014
Lebanese-born businessman Mohammad Murad intends to invest some EUR20 million over the next two years in four hotels on the Romanian Black Sea coast, and sell other five hotels he owns in se...
South-Korean Firm Wants Stake In Romanian Nuke JV
A South-Korean company is willing to buy “no matter how much” in EnergoNuclear, the project company building reactors 3 and 4 at Romania’s sole nuclear power plant in Cernavoda, Monday said...