Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
E&Y: Romania's New Clawback Mechanism Breaches Taxation Principles
The current clawback mechanism applied by Romania to pharmaceutical companies seems to apply inclusively for the value added tax collected on medicine sales, which breaches the taxation prin...
Private Healthcare Operator Romgermed Opens EUR0.5M Lab In Bucharest
Romanian private healthcare provider Romgermed on Monday launched its 18th laboratory, in Bucharest, following an investment of EUR500,000.
Bucharest Stocks Open Flat, On Modest Trading
The Bucharest bourse opened Monday roughly flat on the day, gaining some ground early, while investors focused mainly on Erste Group Bank (EBS.RO) and the five regional investment funds, or...
Leu Opens Weaker Vs Euro, Recovers Early
The leu opened Monday slightly weaker against the euro, but recovered early, in line with other currencies in the region, as players started showing greater risk aversion.
Bucharest Bourse Ends Up, Financial Stocks Remain In Focus
The Bucharest bourse closed Friday with a moderate increase, while trading focused mainly on lenders, Fondul Proprietatea (FP.RO) and the five regional investment funds (SIFs).
Economy Ministry Forms Committee To Select Investors For Tarnita Plant
The committee seeking investors for the Tarnita-Lapustesti power plant, in northwestern Romania, will include 10 members and it will be headed by Economy Minister Ion Ariton, according to th...
Energy Bourse Operator OPCOM To Add RON23M To Share Capital
Romanian energy market operator OPCOM will increase its share capital by 23 million lei (EUR5.3 million), to RON26.4 million, the operator’s sole shareholder, state-owned power grid operator...
Concefa Sibiu To Hike Share Capital By RON6.1M, To RON63M
Romanian construction company Concefa Sibiu (COFI.RO) on Friday said it will increase its share capital by 6.1 million lei (EUR1.41 million), to RON63 million, since shareholders subscribed...
CFR Marfa Posts 18% Annual Rise In Jan-Aug Operating Revenue
Romanian state-owned railway transporter CFR Marfa on Friday reported a 26% year-on-year rise in its January-August volumes, while operating revenue rose some 18%.
Hidroelectrica Takes RON120M Loan From Banca Transilvania
Romanian state-owned hydropower producer Hidroelectrica took out a credit line worth 120 million lei (EUR27.75 million) from Banca Transilvania (TLV.RO) to fund working capital, the Economy...
First Deal With BCR Stock: SIF Muntenia To Sell 3.8% To Erste For Some EUR60M
Romanian regional investment fund SIF Muntenia (SIF4.RO) Friday said it will sell a 3.77% stake in lender Banca Comerciala Romana (BCR) this year, for 70.1 million lei (EUR16.2 million) and...
Leu Opens Flat Vs Euro, Amid Region-Wide Apathy
The Romanian leu opened flat against the euro Friday, in a market with little-to-no activity, while other currencies in the region were seeing similar evolutions in a similar context.