Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Cora Romania To Launch Its Eighth Store On October 6 In Arad
Retailer Cora Romania on Tuesday said it will launch its eighth store in Romania, on October 6, within the Galleria mall of Arad, developed by Globe Trade Center.
Elvila To Launch 3,000-Sqm Store In Era Shopping Park Oradea
Romanian furniture retailer Elvila on Tuesday said it will open a new store in Era Shopping Park Oradea, under a contract signed with the mall’s developer, Argo Property Management.
Bucharest Stocks Open Almost Flat, On Modest Trading
The Bucharest bourse opened slightly down Tuesday, but soon returned into positive territory on moderate activity, focused mainly on the large investment funds, which pushed higher.
Leu Dips Vs Euro, On EU Political Woes
The Romanian leu opened inches weaker against the euro Tuesday, amid market tension caused by political sparring across Europe that delay a response against the government debt crisis.
Carlson Ventures Considers Withdrawing From Oltchim
British investment fund Carlson Ventures International, which holds a 14.05% stake indirectly in Romanian chemical company Oltchim (OLT.RO), on Tuesday said it is considering selling its par...
Bucharest Stocks Fall, Trading Stays Low
The Bucharest bourse closed Monday in the red, on reduced traded values, with the five regional investment funds, or SIFs, diving more than 4% on average.
Angst Stores To Add “Carrefour Market” To Name, Under Franchise Deal - Sources
Romanian Angst stores will also bear the name Carrefour Market, since Angst concluded a franchise contract with the French retailer, people close to the matter told MEDIAFAX.
Galleria Arad Mall To Open On October 6
The Galleria mall in Romanian western city Arad will be launched on October 6, following an investment of EUR70 million, according to information posted on the mall’s official website.
Gealan Romania Expects Slight Increase In Sales, From RON153M In 2010
PVC profiles maker Gealan Romania expects a sight increase in sales this year, from 153 million lei (EUR35.75 million) in 2010, based mainly on the launch of new products.
First Reserve Corporation Buys Stake In Amromco Energy Romania
Private investment firm First Reserve Corporation on Monday announced an investment in Amromco Energy, the third largest gas producer in Romania.
Zimtub Holders Opposing Delisting Offered RON3.96 Per Share
The minority shareholders of steel tube maker Zimtub (ZIM.RO) who disagree with the company’s delisting will be able to sell their stock to the company at 3.9647 lei (EUR0.928) per unit, dou...
Leu Opens Weaker Vs Euro, On Negative Sentiment
The leu opened Monday lower against the euro, in line with other currencies in the region, after a EU finance minister meeting that spawned no new ideas against the crisis.