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
Electrica Branches To Be Listed In Second Half Of 2012 - Sources
Capital Market

Electrica Branches To Be Listed In Second Half Of 2012 - Sources

The three branches of Romanian electricity supplier Electrica will be floated on the Bucharest Stock Exchange in the second half of this year, and the listing schedule will be developed with...

Andrei Cîrchelan · 27.03.2012 · 16:41 · 1 min
Capital Market

Romania To Start Floating Electrica Units

Romanian authorities decided the start of procedures to list 15% stakes in electricity distributors Electrica Distributie Transilvania Sud, Electrica Distributie Transilvania Nord and Electr...

Andrei Cîrchelan · 27.03.2012 · 15:56 · 1 min
Roman Copper Has No Investment Obligations Towards Cupru Min
Companies

Roman Copper Has No Investment Obligations Towards Cupru Min

Canadian Roman Copper, which was founded especially for the purchase of Romanian copper mining firm Cupru Min, has no investment obligation after the purchase, according to Florin Vladan, he...

Andrei Cîrchelan · 27.03.2012 · 15:50 · 1 min
Authorities To Start Seeking Broker For Nuclearelectrica IPO In 10 Days
Capital Market

Authorities To Start Seeking Broker For Nuclearelectrica IPO In 10 Days

The Romanian Economy Ministry will launch in 10 days the selection of a broker to list 10% in state-owned nuclear power plant operator Nuclearelectrica, according to Florin Vladan, head of p...

Andrei Cîrchelan · 27.03.2012 · 15:07 · 1 min
Asian Investors Eye EUR900M Energy Project Unfolded By Romania Authorities
Energy

Asian Investors Eye EUR900M Energy Project Unfolded By Romania Authorities

Romanian authorities received two offers, from Japanese Marubeni Corporation and China Huadian Engineering, for the construction of an energy production group at power producer Rovinari.

Andrei Cîrchelan · 27.03.2012 · 13:53 · 1 min
Flanco Appoints Violeta Luca As Deputy CEO
HR

Flanco Appoints Violeta Luca As Deputy CEO

Romanian electronics retailer Flanco will appoint Violeta Luca as deputy CEO, starting April, filling a position that has been vacant since 2009.

Andrei Cîrchelan · 27.03.2012 · 13:39 · 1 min
Oltchim Privatization Auction Set For May 31
Energy

Oltchim Privatization Auction Set For May 31

The auction for the privatization of Romanian chemical company Oltchim (OLT.RO) will take place on May 31, Florin Vladan, head of privatization authority OPSPI, told a news conference Tuesda...

Andrei Cîrchelan · 27.03.2012 · 13:37 · 1 min
Companies

Ductil Buzau Sees 2012 Net Profit At RON7.5M, Down 5% On Year

Romanian electrode and welding equipment maker Ductil Buzau (DUCL.RO) on Tuesday said it expects net profit to reach 7.5 million lei (EUR1.7 million) this year, down 5% from RON7.9 million i...

Andrei Cîrchelan · 27.03.2012 · 13:35 · 1 min
Capital Market

Leu Falls Vs Euro In Early Trade, On Higher Volumes

The Romanian leu opened Tuesday unnoticeably stronger against the euro, but soon lost ground on higher traded volumes, as foreign players started buying euro in larger amounts.

Andrei Cîrchelan · 27.03.2012 · 11:26 · 1 min
Capital Market

Bucharest Stocks Open Up, Investment Funds Drive Trading

The Bucharest bourse opened on a positive note Tuesday, on improved traded values fueled by transactions with investment fund shares.

Andrei Cîrchelan · 27.03.2012 · 11:26 · 1 min
Capital Market

Sibex Swings To RON0.6M Loss In 2011

Romania's monetary exchange Sibex on Monday reported a loss of some 600,000 lei (EUR) for 2011, after seven consecutive years of profit.

Andrei Cîrchelan · 26.03.2012 · 16:35 · 1 min
Winemaker Murfatlar Romania Goes Insolvent
Retail&Consumer

Winemaker Murfatlar Romania Goes Insolvent

Murfatlar Romania, one of the top local winemakers, is officially insolvent after the Constanta Court (SE Romania) approved its claim to this end.

Andrei Cîrchelan · 26.03.2012 · 14:33 · 1 min