Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Altur To Take Out RON14M Loan From Raiffeisen Bank
Romanian car parts maker Altur Slatina (ALT.RO) on Monday said it will take out a 14 million lei (EUR3.28 million) loan from Raiffeisen Bank, to upgrade production.
Romania’s Sea Harbor Administration To Buy Electricity For RON14.4M
Romania’s maritime harbor administration will hold an auction on October 20 to buy electricity worth 14.4 million lei (EUR3.38 million).
Open-End Fund Assets Rise 1% M-M In Aug, To RON6.9B
The value of assets held by local open-end investment funds rose 1% on the month in August, to 6.871 billion lei (EUR1.61 billion), from RON6.804 billion in July, according to data published...
Comvex Posts 8.3% Rise In 1H Profit, To RON2.6M
Harbor operator Comvex Constanta (CMVX.RO) posted a net profit of 2.6 million lei (EUR609,000) in the first six months of the year, up 8.3% from RON2.4 million in the same interval of 2010,...
Energy Bourse OPCOM To Hike Share Capital By RON23M
The share capital of energy bourse OPCOM will be increased by 23 million lei (EUR5.4 million), through the in kind contribution of the sole shareholder, state-owned power grid operator Trans...
Bucharest Stocks Close Down, Volumes Stay Low
Shares traded on the Bucharest bourse closed Friday in the red, on moderate traded values, while the bulk of activity focused on investment fund Fondul Proprietatea (FP.RO).
Leu Closes Weaker, On Euro Decline Vs US Dollar
The Romanian leu closed Friday weaker against the euro, in line with other currencies in the region, indirectly influenced by the euro’s depreciation against the US dollar.
Romania Negotiates Buying Arpechim Refinery From OMV Petrom
Romanian authorities want to buy the Arpechim Pitesti refinery from oil company OMV Petrom (SNP.RO), and the company is willing to start negotiations “as soon as possible”, according to a ne...
ELKOTech Romania Appoints New General Manager
IT distributor ELKOTech Romania on Friday announced it has appointed Gabriela Gheorghe Beschea as general manager, replacing Mircea Ciucur.
Businesses Owned By Nelu Iordache Expect EUR500M Turnover In 2011
The group of companies owned by businessman Nelu Iordache, which includes lowcost airline Blue Air and construction firm Romstrade, expects sales to reach some EUR500 million this year, comp...
EBRD Considers Lending EUR210M To Cora Expansion In Romania
The European Bank for Reconstruction and Development, or EBRD, on Thursday said it is considering granting a loan of EUR210 million to the Louis Delhaize Group, for the expansion of its Cora...
Vodafone Romania Adds Two Names To Marketing Department
Telecom operator Vodafone Romania on Thursday announced it has appointed Richard Ihuel and Laura Barbu to the newly created positions of brand director on customer experience and online mark...