Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Romanian Apartment Prices Rise 1.6% In September, To EUR1,048 Per Sqm
The average asking price for apartments in Romania rose 1.6% on the month in September, but it still is 5.1% lower on the year, real estate website www.imobiliare.ro said Monday.
Bucharest Apartment Rents Down 5% On Year In September
Apartment rents in Bucharest have remained constant in September compared to August, but they were down 5% frm the same month of 2010, according to a survey by website anunturiparticulari.ro...
Leu Opens Weaker Vs Euro, Recovers Early
The Romanian leu opened Monday slightly weaker against the euro, in line with other currencies in the region, while volumes remained low and global economy fears linger.
Bucharest Stocks Open Down, Following International Markets
The Bucharest bourse opened Monday with a sharp decline, in line with the sharp falls of markets around the globe, triggered by the Greek government's announcement that it is unable to meet...
Swiss Capital Ranks First Among Bucharest Brokers In September
Swiss Capital, former KBC Securities Romania, ranked first in September among Bucharest bourse brokers, with a turnover of 456.8 million lei (EUR105 million) and a market share of 24.55%.
Leu Closes Weaker Vs Euro, Hits New 15-Month Lows
The Romanian leu continued to weaken in late trade Friday, reaching a low of 4.375 against the euro, but it started to recover slightly towards the end of the session, prompting dealers to s...
Oltchim Maintains Furlough For 1,000 Employees
Some 1,000 employees of Romanian chemical plant Oltchim (OLT.RO) will be kept on furlough in October, for the third month in a row, because of raw material and working capital shortages, the...
Bucharest Stocks Close Down, SIFs Lose 3%
The Bucharest bourse closed down Friday below par, with a sharper decline posted by the five regional investment funds (SIFs), but the traded values were reduced, driven only by Fondul Propr...
OMV Petrom Eyes 6% Hike In Natural Gas Price
Romanian oil and gas company OMV Petrom (SNP.RO) on Friday said it wants to increase the price of locally made gas by some 6%, to 525 lei (EUR120) from RON495 per thousand cubic meters.
ANRE Probes Costs At GDF Suez Romania - Sources
Romanian energy regulator ANRE started last week an inspection at GDF Suez Energy Romania, to check if cost reports are accurate, people close to the matter told MEDIAFAX.
SIF Banat-Crisana Calls Shareholder To Vote On BCR Stake Sale
The managing board of regional investment fund SIF Banat-Crisana (SIF1.RO) called a shareholder meeting for November 3, to discuss options for the stake held in lender BCR, at the beckoning...
Bucharest Stocks Close Up, Proprietatea Rises 2%
Bucharest-listed shares closed Thursday slightly above par, after an end-session spike in activity, while two thirds of activity referred to investment fund Fondul Proprietatea (FP.RO).