Beauty editor
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 331
Bucharest Shares Open Below Par, On Modest Trading
The Bucharest bourse opened lower Monday, on reduced volumes, and chemical company Oltchim (OLT.RO) continued to decline, with its stock down 15% in early trade.
South-African NEPI Draws EUR29M In Share Capital Hike
South-African fund New Europe Property Investments (NEPI) announced it has recently drawn EUR29 million in a share capital hike, adding the new stock will enter trade on June 22.
Leu Opens Weak Vs Euro, On Negative Sentiment
The Romanian leu opened weaker versus the euro Monday, in line with other currencies in the region, on Greece-related negative sentiment.
Bucharest Stock Exchange Closes Up, SIFs Take Lead
The Bucharest bourse closed Friday in the green, after a session-long upward trend, led by the five regional investment funds, or SIFs, which gained more than 2.5% on average, while chemical...
Shopping Center Holding To Launch Oradea Mall With EUR50M Investment
Romanian Shopping Center Holding, a company owned by businessman Gabriel Popoviciu, Friday said it will launch this fall the Oradea Shopping City mall, following an investment of EUR50 milli...
ANAF To Lay Off 2,000 Employees
Romanian fiscal regulator ANAF will lay off 2,000 employees during reorganization, and more than half of the employees involved will have to leave within the next 60 days, the authority's pr...
Almost 9,200 Romanian Firms Went Insolvent In Jan-May
A total number of 9,177 companies were dubbed insolvent in the first five months of the year, slightly less than 9,357 in the same interval of 2010, according to data published Friday by tra...
CEC Bank VP’s Mandate Expires, Finance Ministry Won’t Renew It
The Romanian Finance Ministry decided not to renew the mandate of Mirela Iovu as vice-president of CEC Bank, people close to the matter told MEDIAFAX.
Leu Opens Flat Vs Euro, In Line With Peers
The leu opened almost flat against the euro Friday, amid quiet trading, in line with other currencies in the region.
Shares Open Down, In Quiet Market
The Bucharest bourse opened Friday in the red, continuing the downward trend registered over the past two sessions, while the bulk of trading focused on regional investment fund SIF Oltenia...
Bucharest Shares Close Down, SIFs Lead Decline
The Bucharest bourse closed in red Thursday, influenced by the negative sentiment on the international markets, on worries about a Greek debt crisis spillover.
Drug Wholesaler Tamisa Trading Sees ’11 Sales Up 30% To RON48M
Drug wholesaler Tamisa Trading on Thursday said it expects sales to reach some 48 million lei (EUR11.4 million) in 2011, up 30% from RON37 million in 2010, based on the launch of new product...