Beauty editor
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 331
Court Dubs Constitutional The 1% Stake Cap At SIF Transilvania
Romania’s Constitutional Court on Thursday rejected an unconstitutionality claim filed by regional investment fund SIF Transilvania (SIF3.RO) against the 1% limit applied to the stakes of it...
RCS&RDS Turns To Loss In 2010, From RON211.83M Profit In 2009
Romanian telecom operator RCS&RDS switched to an undisclosed loss in 2010, after posting a net profit of 211.83 million lei (EUR50.33 million) in 2009, according to financial reports approve...
Romania’s Cement Output Rose 13% In 1Q, To 0.8 Mln Tons
Romania’s cement output rose 13% on the year in the first quarter, to 798,000 tons, Thursday said Mihai Rohan, president of cement maker association CIROM.
ING Bank Plans To Move Central HQ To New Location In Bucharest
ING Bank Romania is under negotiations to move its central headquarters in Bucharest to a new location, after 17 years of using a historic building that has become too confined.
Gas Price Unchanged For Households By March 2012, Industrial Consumers To Pay 30% More
The price of natural gas delivered to households will remain unchanged until March 2012, while prices for some of the industrial consumers will grow by up to 30%, people close to the matter...
Total Electric To Invest EUR20M In 15-MW Wind Farm In SE Romania
Buzau-based Total Electric plans to build a 15 MW wind farm in southeast Romania, in an investment estimated at EUR20.2 million.
State-Owned Energy Companies To Lay Off 1,500 People
Six Romanian state-owned energy firms will lay off a total 1,480 employees this year, or 5% of their overall staff, in a bid to boost efficiency, according to a draft government decision of...
Bucharest Shares Open Down, Oltchim Leads Decline
The Bucharest bourse opened on a downward trend Thursday, with chemical company Oltchim (OLT.RO) continuing its decline in the previous session, erasing part of the gains made in the past mo...
Leu Opens Weaker Vs Euro On Greece Woes
The Romanian leu opened visibly weaker against the euro Thursday, on a negative international sentiment amid the Greek debt crisis.
Buharest Shares Close Down, Oltchim Stumbles
The Bucharest bourse closed Wednesday with a moderate decline, while the latest gainers chart-topper Oltchim (OLT.RO) registered a 3.3% recoil.
PointPark Properties Appoints Stefan Gheorghiu As Head Of Romania Office
Czech logistics projects developer PointPark Properties appointed Stefan Gheorghiu as country manager leading the company’s newly formed Romania office starting June 1.
CEZ Romania To Invest EUR30M In Hydro-Plant Upgrades
CEZ Romania, the local unit of Czech utilities group CEZ, will invest EUR29.9 million in the rehabilitation of micro-hydropower plants bought last year from smelter TMK-Resita.