Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
SIF Muntenia Holders Allow Managers To Sell BCR Stake
The shareholders of Romanian regional investment fund SIF Muntenia (SIF4.RO) allowed the managing board to decide whether to sell or keep the BCR stake, Thursday said Petre Szel, president o...
Chimopar To Sell 35-Ha Plot In Bucharest For EUR18M
Romanian chemicals maker Chimopar Bucuresti (CPR.RO) on Thursday said it will sell a 35-hectare plot in Bucharest, for EUR18 million, to Cyprus-registered Maveco Holdings Limited.
Bucharest Stocks Close Up, SIFs Decline
The Bucharest bourse closed Wednesday above par, after starting weak but with an upward motion throughout the session, while the five regional investment funds, or SIFs, closed in the red.
CIROM: Romania’s Cement Output Up 8.1% In 1H, To 3.18 Mln Tons
Romania’s cement production rose 8.1% on the year in the first half of 2011, to 3.18 million tons, according to data of cement makers' association CIROM.
Porsche Finance Group Issued Funding Worth EUR73M In 1H
Porsche Finance Group on Wednesday said it has granted funding worth a total EUR73 million in the first six months of the year, up 15% on the same interval of 2010, helped mainly by the leas...
Porsche Romania Appoints New General Manager
Car importer Porsche Romania has appointed Rainer Trischak as one of its two general managers, replacing Gunther Seifert, whose mandate expires on October 1, after five years on the job.
Capital Property Advisors Eyes EUR50M Deals By Yearend
Romanian real estate consultancy firm Capital Property Advisors, held by the founders of investment boutique Capital Partners, Wednesday said they could conclude two realty transactions this...
Number of Insolvencies Down 5.7% To 13,265 In First 8 Months
A total 13,265 firms went insolvent in Romania within the first eight months of the year, 5.7% less than in the same interval of the previous year, according to data from the national trade...
Templeton Asset Management Raises Its Stake In Bucharest Bourse Above 5%
Templeton Asset Management, the emerging markets investment division of U.S. Franklin Templeton, Wednesday reported it holds a 5.58% stake in Bucharest bourse operator BVB (BVB.RO), thus ove...
Leu Opens Flat Vs Euro, Markets On Stand-By
The Romanian leu opened Wednesday nearly flat against the euro, in a quiet market, while other currencies in the region were also stable against the euro, awaiting the conclusion of the two-...
Bucharest Stocks Open Down, In Line With Region
The Bucharest bourse opened Wednesday on a downward trend, in line with other markets in the region, while traded values remained low.
Bucharest Stocks Close Up, Proprietatea Deals Lift Turnover
The Bucharest bourse closed Tuesday with a slight increase, based on a late-trade surge, while significant stakes in Fondul Proprietatea (FP.RO) were transferred on the deal market, amid reg...