Curs BNR — 13.11.2026 EUR 5,3498 USD 4,8428 GBP 6,4023

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Andrei Cîrchelan

Fields
Capital Market, Energy, Real Estate
Writing for ZF since
2011
Articles
1.882
Flanco Launches Its Largest Store, With EUR2M Investment
Retail&Consumer

Flanco Launches Its Largest Store, With EUR2M Investment

Romanian electronics retailer Flanco launched Friday its largest store, within the Unirea Shopping Center following an investment of EUR2 million.

Andrei Cîrchelan · 07.10.2011 · 17:36 · 1 min
Bucharest Stocks Close Week En Fanfare, BET Gains 6%
Capital Market

Bucharest Stocks Close Week En Fanfare, BET Gains 6%

The Bucharest bourse closed sharply higher Friday, shrugging off losses at the start of the week, with blue-chips leading the gains.

Andrei Cîrchelan · 07.10.2011 · 17:26 · 1 min
Capital Market

Minor BRD Stake Sold On Bucharest Bourse's Deal Market For RON23M

A 0.28% stake in lender BRD-Groupe Societe Generale (BRD.RO) was traded Friday on the Bucharest Stock Exchange’s deal market for 23.1 million lei (EUR5.3 million), 2.63% above the market pri...

Andrei Cîrchelan · 07.10.2011 · 16:29 · 1 min
Online Retailer eMAG Moves To New Headquarters
Real Estate

Online Retailer eMAG Moves To New Headquarters

Romanian online retailer eMAG has rented 2,700 square meters in Swan Office&Technology Park, to relocate its headquarters, according to a news release issued Friday by company owner Dante In...

Andrei Cîrchelan · 07.10.2011 · 14:31 · 1 min
HR

Lasselsberger Romania Appoints New General Manager

Ceramic tiles maker Lasselsberger on Friday announced the appointment of Kurt Ternegg as general manager and board president of Romanian units Lasselsberger SA and Sanex SA, replacing Christ...

Andrei Cîrchelan · 07.10.2011 · 13:33 · 1 min
Capital Market

Avicola Buzau Eyes RON15.6M Loan From Eximbank

The managing board of poultry meat producer Avicola Buzau (AVZU.RO) asked shareholders to approve the contracting of a loan worth 15.6 million lei (EUR3.6 million) from Eximbank, to be used...

Andrei Cîrchelan · 06.10.2011 · 19:17 · 1 min
Capital Market

Remarul 16 Februarie Raises Cap On Credit Line To EUR26.1M

The shareholders of rolling stock company Remarul 16 Februarie (REFE.RO) agreed to increase the ceiling of a EUR11.1 million credit line to EUR26.1 million, according to a memo posted Thursd...

Andrei Cîrchelan · 06.10.2011 · 19:01 · 1 min
Capital Market

Bucharest Stocks Close Up, SIFs Ease Gains

The Bucharest bourse closed up Thursday, but the five regional investment funds (SIFs) erased part of their early gains in late trade, on reduced liquidity supported by deals with Fondul Pro...

Andrei Cîrchelan · 06.10.2011 · 17:18 · 1 min
Energy

Competition Council Suspects 17 Companies Of Auction Rigging

Romanian competition authorities on Thursday performed unannounced inspections at the headquarters and branches of 17 companies suspected of rigging bids in auctions held by Transgaz (TGN.RO...

Andrei Cîrchelan · 06.10.2011 · 14:46 · 1 min
Romania’s Property Management Market Seen At Up To EUR100M
Real Estate

Romania’s Property Management Market Seen At Up To EUR100M

The local outsourced property management market is evaluated at EUR20 million, but adding the facility management component the market reaches a value of EUR80-100 million, Thursday said Val...

Andrei Cîrchelan · 06.10.2011 · 14:16 · 1 min
Lidl Opens First Greenfield Stores In Romania
Retail&Consumer

Lidl Opens First Greenfield Stores In Romania

German retailer Lidl will officially launch Monday the first stores it has constructed from scratch in Romania, after it recently upgraded and rebranded the 107 Plus units acquired from Teng...

Andrei Cîrchelan · 06.10.2011 · 13:51 · 1 min
Mega Image Owner Takes Over G’market Stores In Bucharest
Retail&Consumer

Mega Image Owner Takes Over G’market Stores In Bucharest

Belgian group Delhaize, owner of the Mega Image retail chain in Romania, Thursday said it has taken over the three G'market stores owned by Turkish Anchor Group in Bucharest for an undisclos...

Andrei Cîrchelan · 06.10.2011 · 13:49 · 1 min