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Andrei Cîrchelan

Fields
Capital Market, Energy, Real Estate
Writing for ZF since
2011
Articles
1.882
Retail&Consumer

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.

Andrei Cîrchelan · 20.09.2011 · 14:55 · 1 min
Retail&Consumer

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.

Andrei Cîrchelan · 20.09.2011 · 12:05 · 1 min
Capital Market

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.

Andrei Cîrchelan · 20.09.2011 · 11:00 · 1 min
Capital Market

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.

Andrei Cîrchelan · 20.09.2011 · 10:46 · 1 min
Carlson Ventures Considers Withdrawing From Oltchim
Energy

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...

Andrei Cîrchelan · 20.09.2011 · 10:43 · 1 min
Capital Market

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.

Andrei Cîrchelan · 19.09.2011 · 17:20 · 1 min
Retail&Consumer

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.

Andrei Cîrchelan · 19.09.2011 · 14:30 · 1 min
Real Estate

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.

Andrei Cîrchelan · 19.09.2011 · 14:26 · 1 min
Companies

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.

Andrei Cîrchelan · 19.09.2011 · 13:39 · 1 min
Energy

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.

Andrei Cîrchelan · 19.09.2011 · 13:04 · 1 min
Capital Market

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...

Andrei Cîrchelan · 19.09.2011 · 12:56 · 1 min
Capital Market

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.

Andrei Cîrchelan · 19.09.2011 · 10:53 · 1 min