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Andrei Cîrchelan

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

Bucharest Stocks Open Flat, SIFs Dive

The Bucharest bourse opened Monday flat on the day, with insignificant oscillation early in the session, while most trades were focusing on the usual liquidity drivers.

Andrei Cîrchelan · 19.09.2011 · 10:40 · 1 min
Capital Market

Bucharest Stocks Dip, On Lackluster Trading

The Bucharest bourse closed in the red Friday, on low traded values, stabilizing its evolution after spiking early in the session.

Andrei Cîrchelan · 16.09.2011 · 17:05 · 1 min
Cernavoda Plant To Shut Down Nuke For Minor Repairs - Sources
Energy

Cernavoda Plant To Shut Down Nuke For Minor Repairs - Sources

One of the two reactors at Romania’s sole nuclear power plant Cernavoda will be shut down Friday, for at most two days, for repairs of an equipment malfunction, people close to the matter to...

Andrei Cîrchelan · 16.09.2011 · 16:30 · 1 min
Companies

Romet Group Expects 10% Higher Sales In 2011

Romanian group Romet Buzau expects sales to rise 10%-15% on the year in 2011, from EUR274 million last year, based on the evolution of its main segments of activity, namely environment, ener...

Andrei Cîrchelan · 16.09.2011 · 16:26 · 1 min
HR

Pedersen&Partners Wins Auction To Recruit Managers For State-Owned Firms

The local branch of Dutch executive search firm Pedersen& Partners, run by headhunter Mona Neagoe has won the first auction for a recruiter of private management at large state-owned compani...

Andrei Cîrchelan · 16.09.2011 · 15:51 · 1 min
Romania’s Hydropower Output Drops To 24% Of Total Energy Production
Energy

Romania’s Hydropower Output Drops To 24% Of Total Energy Production

State-owned hydropower producer Hidroelectrica on Friday said it provides 24% of Romania’s electricity output at the moment, compared to 28% in previous weeks, because of low water levels in...

Andrei Cîrchelan · 16.09.2011 · 15:30 · 1 min
Automotive

Search Corporation Sees 2011 Sales Up 15%

Romanian design and consultancy firm Search Corporation on Friday said its first-half sales stagnated on the year, but sales for the entire 2011 are expected to be 15% higher than those of 2...

Andrei Cîrchelan · 16.09.2011 · 15:28 · 1 min
Energy

Ariston Thermo Romania Sees ’11 Sales At EUR32M

Heating equipment maker Ariston Thermo Romania on Friday said its first-half sales stagnated and they could reach EUR32 million by the end of the year, compared to EUR30 million in 2010, as...

Andrei Cîrchelan · 16.09.2011 · 14:30 · 1 min
Energy

Power Producer Turceni Launches EUR220M Desulphurization Station

Romanian state-owned thermal power producer CE Turceni, one of Romania’s largest energy producers, has launched Friday a desulphurization station, following an investment of EUR220 million.

Andrei Cîrchelan · 16.09.2011 · 14:29 · 1 min
Capital Market

Bucharest Stocks Open Up, On Low Volumes

The Bucharest bourse opened Friday with an increase, following a global upward trend spurred by recent news of synchronized measures by large central banks against funding shortage.

Andrei Cîrchelan · 16.09.2011 · 10:43 · 1 min
Capital Market

Leu Opens Flat Vs Euro, In Quiet Market

The Romanian leu opened roughly flat against the euro Friday, in a quiet market, after strengthening significantly at closing the day before, on news of synchronize action by major central b...

Andrei Cîrchelan · 16.09.2011 · 10:40 · 1 min
Capital Market

Bucharest Stocks Close Up, SIFs Drive Trades

The Bucharest bourse closed slightly up Thursday, on above-average traded values, lifted by the five regional investment funds, or SIFs, which continued their strong increase tendency from t...

Andrei Cîrchelan · 15.09.2011 · 17:19 · 1 min