Beauty editor
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 331
Romgaz Expects To Take Over Iernut Thermal Power Plant By Yearend
Romanian gas producer Romgaz Medias estimates it will take over by the end of the year the Iernut thermal power producer, from Electrocentrale Bucuresti, and is currently awaiting shareholde...
Bucharest Stocks Close Slightly Up, SIFs Lag Behind
The Bucharest bourse closed slightly up Wednesday, on higher traded values, but BET-FI, the index tracking the major investment funds, closed in red.
Dan Adamescu Buys Uniqa's 27% Stake In Insurer Astra For RON106M
Austrian insurer Uniqa on Wednesday sold its 27% stake in Astra (ATRA.RO) to the latter’s majority holder, Dan Adamescu, for 106 million lei (EUR24.9 million).
GTC Buys Out Cefin Holding From Galleria Galati Project
Property developer GTC bought out Cefin Holding from the Galleria shopping center project developed in Galati, and will complete the project on its own.
Sonae Sierra Adds RON34M To River Plaza Mall Share Capital
Developer Sonae Sierra added more than 34 million lei (EUR8.2 million) to the share capital of the River Plaza Mall in central Romania, compensating a loan from 2009.
Transferoviar Grup Buys Railcars Worth RON9.8M From Remarul 16 Februarie
Romanian railway transporter Transferoviar Grup Cluj-Napoca will buy railcars from Remarul 16 Februarie (REFE.RO) for 9.8 million lei (EUR2.3 million), VAT excluded.
Rulmenti Barlad To Borrow EUR5M From UniCredit Tiriac
The shareholders of Romanian ball bearing maker Rulmenti Barlad (RBL.RO) recently approved the contracting of a EUR5 million loan from UniCredit Tiriac.
Adama Completes Phase One Of Residential Project in Brasov
Realty developer Adama on Wednesday said it has completed phase one of an apartment complex in central Romanian city Brasov, with an investment of EUR14 million.
Groupama Asigurari Raises Share Capital By RON50M, To RON1.17B
Romanian insurer Groupama Asigurari increased its share capital by 50 million lei (EUR11.76 million), to RON1.17 billion, through cash contribution by shareholders, according to a company an...
Gedeon Richter Aims 5% Rise In Romania Sales For 2011
Hungarian pharmaceutical company Gedeon Richter plans a 5% increase in its Romania sales for 2011, to some EUR144 million, the group’s chief executive officer Erik Bogsch said Wednesday.
Dafora May Hike Share Capital By RON5.1M, To RON102.4M
Oil drilling and construction firm Dafora Medias (DAFR.RO) could increase its share capital by 5.1 million lei (EUR1.2 million), to EUR102.4 million.
Bucharest Shares Close In Green, Trading Picks Up
The Bucharest bourse closed up Tuesday, on higher traded values, with the bulk of activity predictably focusing on the traditional liquidity driver, investment fund Fondul Proprietatea (FP.R...