Beauty editor
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 331
Leu Closes Stronger Vs Euro In Quiet Market
The Romanian leu closed Friday stronger against the euro, after a lackluster session marked by low volumes and insignificant changes.
Bucharest Bourse Closes Slightly Up, Energy Stocks Lag
The Bucharest bourse closed Friday in the green, but BET-NG, the index tracking energy companies, closed below par, held back by Rompetrol Rafinare's (RRC.RO) almost 4% drop.
Axa Life Insurance Adds RON28.7M To Share Capital
Axa Life Insurance, part of French group Axa, increased its share capital by 28.7 million lei (EUR6.8 million), to RON80.5 million, by cash contribution from shareholders, according to data...
Corporate Customers To Pay 10% More For Natural Gas Come Jul 1
The price of natural gas paid by Romanian households and thermal power producers will remain unchanged until July 1, 2012, but industrial consumers will pay 10% more starting July 1, 2011, e...
Astra Asigurari Sells 16% Stake In Generali Romania For EUR24M
Insurer Astra Asigurari sold the 16.03% stake it held in Generali Romania to Italian group Generali, for some EUR24 million, people close to the matter told MEDIAFAX.
Communication Ministry, OTE To Talk Romtelecom Listing Calendar
Romanian Communications Minister Valerian Vreme will meet next week with representatives of Greek group OTE, majority shareholder of telecom operator Romtelecom, for talks on the calendar fo...
Nuclearelectrica Earmarks RON3.5M For Internet Connection
Romanian state-owned nuclear power plant operator Nuclearelectrica on Friday said it seeks internet services in a two-year contract worth 3.5 million lei (EUR830,000).
Creditors Approve Reorganization Plan At Astra Vagoane
The creditors of railway cars maker Astra Vagoane Arad recently approved a reorganization plan whereby the company maintains activity and keeps all employees, since an investor showed intere...
ZEW: Analyst Sentiment On Romania’s Economy Worsens For 2H
Analyst sentiment on the prospects of Romania's economy in the next six months has posted the strongest decline in Central and Eastern Europe (CEE) in June, according to a survey compiled by...
SIF Banat-Crisana, SSIF Broker Sold Their Stakes In Carbochim For RON7.6M
SIF Banat-Crisana (SIF1.RO) and SSIF Broker (BRK.RO) on Thursday sold their stakes in Romanian abrasives maker Carbochim Cluj-Napoca (CBC.RO), through five deal market transactions worth a t...
Leu Strengthens In Early Trade, On Good News From Greece
The Romanian leu opened slightly weaker against the euro Friday, but strengthened soon after on news the European leaders have pledged to save Greece from default.
Bucharest Shares Open Higher, Trading Picks Up
The Bucharest bourse opened Friday on the rise, with vivid activity in the market, while the bulk of trading was focusing on Carbochim (CBC.RO), a day after a 23% stake was traded on the dea...