Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Romania Wants Daewoo To Fund Mangalia Shipyard With $70M
The shareholders of southeast Romanian shipyard Daewoo Mangalia Heavy Industries, or DMHI, have started negotiations on an increase of share capital, where the South Korean investors would c...
Inditex Rents Building In Sibiu For New Zara Store
Spanish fashion retailer Inditex rented a building in Sibiu, central Romania, where it will open a Zara store, Wednesday said realty consultants DTZ Echinox, which brokered the transaction.
Bucharest Stocks Flat In Early Trade, Amid Market Apathy
Bucharest-listed shares were traded Wednesday at levels near previous closing prices, on reduced interest, mainly focused on financial stocks.
Leu Opens Weaker Vs Euro, On Negative Sentiment
The Romanian leu opened weaker against the euro Wednesday, on negative international sentiment based on news of a larger haircut for Greek bonds.
INS: Romanian Executives Expect Growth In Industry, Retail; Decline In Constructions
Romanian managers expect moderate growth in industry and retail, relative stability in services and moderate decrease in construction between September and November 2011, the statistics inst...
Romania Housing Permits Down 7% YY In August, To 4,345
Romania issued 4,345 buildings permits for residential projects in August, up 11.9% on the month but down 7% on the year, the statistics institute INS said Wednesday.
Bucharest Stocks Surge Before Closing, Financials Lead Way
The Bucharest bourse closed Tuesday with a solid increase, as the U.S. markets opened stronger on renewed hope the European leaders will find a solution for Greece's debt woes.
CNVM Forces New Shareholder Meeting At Argus
Romanian securities regulator CNVM gave edible oil maker Argus Constanta (UARG.RO) 45 days to hold a shareholder meeting, claiming that the company’s previous meeting unlawfully restricted t...
Drought Forces Romanian Hidroelectrica To Shrink Output By 37% Until Yearend
Romanian state-owned hydropower producer Hidroelectrica received the final approval for force majeure Tuesday, and its planned reduction of deliveries may be applied until the end of the yea...
Romgaz: Romania Seeks Diversity In Natural Gas Imports
Romanian gas producer Romgaz is analyzing various ways to diversify natural gas imports, including from the Caspian Sea and Western Europe, gas sales director Dumitru Chiselita said Tuesday.
OMV Petrom Sees Romania’s Gas Import Prices Up To $545/1,000 Cbm
The price of natural gas imports from Russia will rise to $545 per thousand cubic meters in October, while Romanian authorities maintain the price of locally made gas at $160, Tuesday said H...
Drought-Induced Force Majeure Shrinks Hidroelectrica Electricity Deliveries
Romanian state-owned hydropower producer Hidroelectrica will reduce by up to 30% the quantity of electricity delivered to clients, because of the drought, people close to the matter told MED...