Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Optogan Partners Up With KDF Energy To Enter Romanian Market
Ecological lighting company Optogan on Thursday said it has concluded a partnership with Romanian KDF Energy and it is considering building an assembly unit in Romania, with an investment of...
Nuclearelectrica Keeps Reactors Online, Despite Lowered Danube Levels
The low water levels seen lately by the Danube do not entail the need for reactor shutdown at Romania’s sole nuclear power plant in Cernavoda, plant operator Nuclearelectrica said Thursday.
Romania’s 2011-2035 Full Energy Strategy, Up For Public Debate By End-October
Romania’s energy strategy for 2011-2035 will be amended and put up for public debate by the end of October this year, Thursday said Alexandru Sandulescu, director within the Economy Ministry...
Argo Real Estate To Become Romania’s Largest Shopping Center Owner
Shareholders of Argo Real Estate Opportunities Fund approved the purchase of the Era shopping parks in Romanian cities Oradea and Iasi, which makes the investment fund the largest shopping c...
SIF Transilvania Calls Shareholders To Approve BCR Stake Sale
The managing board of regional investment fund SIF Transilvania (SIF3.RO) called shareholders to meet on October 31 and approve the sale of a 6% stake in lender BCR, the fund said Thursday i...
Capital Property Advisors Appoints Radu Lucianu As General Manager
Realty consultants Capital Property Advisors appointed Radu Lucianu, former head of consultancy firm CB Richard Ellis (CBRE) Romania, as general manager.
Bucharest Stocks Open Up, Players Scramble To Trade In SIFs
The Bucharest bourse opened Thursday in the green, on strong trading, while players focused mainly on the five regional investment funds, or SIFs.
Leu Opens Weaker Vs Euro, Regains Footing Early
The leu opened Thursday lower against the euro, weakened on international markets, but it soon regained some of the ground lost, amid an apathetic market.
Bucharest Stocks Close Up, SIFs Lead Rise
The Bucharest bourse closed Wednesday in positive territory, while the five regional investment funds, or SIFs, spearheaded the upward motion seen all around.
CNVM Limits Chelu Group Voting To 33% At Edible Oil Maker Argus
Romanian securities regulator CNVM on Wednesday decided to limit the voting rights, to 33%, for shareholders acting in concert with businessman Catalin Chelu, a group that controls a total 4...
UniCredit CA-IB Securities Appoints New General Manager
Romanian brokerage firm UniCredit CA-IB Securities appointed Ioana Tanase as general manager, starting Wednesday, replacing Liviu Giugiumica who resigned in May, people close to the matter t...
Dinu Patriciu Says Banks Deny Funding For Mic.ro Expansion
Romanian business Dinu Patriciu on Wednesday said he will invest EUR100 million more of his own funds to develop the retail networks Mic.ro, Macro and miniMax, since banks are not willing to...