Beauty editor
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 331
INS: Housing Permits Down 0.5% YY In January, To 1,732
There were 1,732 buildings permits issued for residential projects in January, down 0.5% on the year, the statistics institute INS said Tuesday.
Managers Expect Moderate Increase For Romania's Industry In Feb-Apr - Survey
Managers expect a moderate increase in industry and relative stability in construction, retail and services for the February-April interval of 2012, according to data published Tuesday by th...
Leu Opens Stronger Vs Euro, In Quiet Market
The leu opened Wednesday with a strengthening trend against the euro, on low traded volumes, while activity was reduced in the market.
Bucharest Stocks Open Up, In Quiet Trading
The Bucharest bourse opened Wednesday with a slight increase, on low traded volumes, while investors were focusing mainly on the shares of financials.
Romania’s Banks Are Taking The Brunt Of The Crisis
Bankers are having a tough time digesting the economic crisis, which is now entering its fourth year, and this is clearly shown in the results. After record profits in 2008, the peak year, o...
Constructor CON-A Sees 2012 Sales At EUR55M, Up 19% On Year
Romanian construction firm CON-A, owned by businessman Mircea Bulboaca, expects sales to reach EUR55 million by the end of 2011, up 19% on the year.
Sortilemn Gherla To End 2011 With EUR30M Turnover
Romanian IKEA supplier Sortilemn said it will conclude this year with a turnover of EUR30 million, up 36% from EUR22 million in 2010.
SIF Moldova To Sell Entire BCR Stake To Erste This Year
Regional investment fund SIF Moldova (SIF2.RO) will transfer its remaining 4.74% stake in BCR to Austrian group Erste, receiving a 1% Erste stake in exchange.
Rompetrol To Resume Oil Drilling In Libya In 1Q 2012
Oil group Rompetrol on Monday announced it plans to resume oil drilling in Libya in the first quarter of 2012, since the political situation seems to have stabilized.
Economy Ministry Selects Adviser For Oltchim Privatization
The Economy Ministry on Monday announced that it has selected PricewaterhouseCoopers as advisers for the preparation and unfolding of privation at chemical plant Oltchim (OLT.RO).
Only 11 Out Of The 100 Most Valuable Companies Are Listed
The overall value of stock-exchange listed companies fell by EUR7.8 billion since the beginning of the year, despite the listing of investment fund Fondul Proprietatea (FP.RO) in January thi...
Romanian Software And IT Services Market Seen Slightly Up To EUR700M
The reduction in the number of projects in the private sector, the price battle and public sector issues have hindered the development of the Romanian software and IT services market, says E...