Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
State-Owned Company Managers Eye Private Status For Continuity
Constantin Balasoiu, the current general manager of thermal power producer CE Craiova, on Tuesday said he would like to stay at the helm, as private manager, if the requirements are “realist...
Leu Opens Nearly Flat Vs Euro, Amid Market Apathy
The leu opened Tuesday roughly flat against the euro, on low traded volumes, as players continue to show apathy.
Bucharest Stocks Open Up, On Low Volumes
The Bucharest bourse opened Tuesday with an increase, on low traded values, while the bulk of activity focused on the usual liquidity drivers.
Banca Transilvania One-Year Target Price Reduced By 14.2%, To RON1.2
Raiffeisen Capital & Investment on Monday reduced by 14.2% the one-year target price for Banca Transilvania (TLV.RO), to 1.2 lei (EUR0.28) from RON1.4, but maintained the “hold” recommendati...
Microsoft Romania Appoints New Servers&Tools Director
The former STG manager of IBM Romania, Bogdan Constantinescu, was appointed director of Servers&Tools Business Group Lead by Microsoft Romania, replacing Gabriel Nicolaescu, according to Mic...
Credit Risk Is Romanian Banking’s Main Vulnerability – Report
Credit risk is the main vulnerability of the Romanian banking segment, but pressure on bank asset quality is expected to decrease in the future, as economic growth is consolidated and banks...
BRD Is Not Planning Any Layoffs - Official
Romanian lender BRD-Groupe Societe Generale (BRD.RO) has not laid off any staff and it is not planning staff cuts, Monday said Sorin Popa, executive officer within the bank, answering media...
RBS Romania Lends EUR32M To Hidroelectrica
RBS Romania will grant a one-year loan worth EUR32 million to state-owned hydropower producer Hidroelectrica, to finance working capital needs.
Energy, Bank Stocks Lead Bucharest Bourse 4% Lower
The Bucharest bourse closed deep in the red Monday, following the pattern of international markets, on fears that Moody’s may downgrade French banks because of their exposure to Greek govern...
Economy Minister Requests Speedier EU Approval Of State Aid Measures
Romanian Economy Minister Ion Ariton met Monday with European Commission Vice-President Joaquin Almunia, asking him to hurry the technical procedures on the granting of state aid to mining c...
Oltchim Management To Take Part In Appointing Its Replacement
A team of current managers at state-owned chemical company Oltchim (OLT.RO), led by general manager Constantin Roibu, showed interest in staying with the company as private management.
German Wind Turbine Maker Nordex Expands Business In Romania
German wind turbine manufacturer Nordex on Monday said it will open an office in Romania, to seize the opportunities of the rising local market, after having received two orders.