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Beauty editor

Andrei Cîrchelan

Fields
Capital Market, Energy, Banks-Insurance
Writing for ZF since
2011
Articles
331
Wind Farm Capacity Seen Doubling To 1,000 MW By Yearend
Energy

Wind Farm Capacity Seen Doubling To 1,000 MW By Yearend

Romania’s installed wind power capacity might reach 1,000 MW by the end of the year, double the level seen in December 2010, despite investor walkouts based on “the legislative chaos”, wind...

Andrei Cîrchelan · 15.06.2011 · 16:26 · 1 min
Real Estate

Inditex Rents 3,700 Sqm In Galleria Arad

Retail group Inditex rented 3,700 square meters in Romanian shopping center Galleria Arad, where it will bring brands such as Zara, Bershka, Pull & Bear and Stradivarius.

Andrei Cîrchelan · 15.06.2011 · 14:38 · 1 min
PwC: Romania Needs Private Investors To Upgrade Public Heating System
Energy

PwC: Romania Needs Private Investors To Upgrade Public Heating System

The Romanian district heating system needs EUR5 billion investment over the next 10 years in order to increase its efficiency, but local authorities cannot cover this amount, which means pri...

Andrei Cîrchelan · 15.06.2011 · 14:24 · 1 min
Real Estate

CBRE: Bucharest Property Investment To Rise By Yearend

Real estate investment activity in Bucharest and Budapest should increase towards the end of the year, according to a report compiled in June by real estate consultants CB Richard Ellis.

Andrei Cîrchelan · 15.06.2011 · 13:44 · 1 min
Regina Maria Launches EUR1.7M Clinic In Sun Plaza Mall In Bucharest
Health

Regina Maria Launches EUR1.7M Clinic In Sun Plaza Mall In Bucharest

Romanian private healthcare operator Reteaua de Sanatate Regina Maria on Wednesday launched a clinic in Bucharest shopping center Sun Plaza, following an investment of EUR1.7 million.

Andrei Cîrchelan · 15.06.2011 · 13:31 · 1 min
Capital Market

City Of London Investment Management Announces 5.85% Stake In Proprietatea

City of London Investment Management Company Limited holds a 5.85% stake in investment fund Fondul Proprietatea (FP.RO), including stocks and warrants issued by UniCredit Bank.

Andrei Cîrchelan · 15.06.2011 · 13:11 · 1 min
Capital Market

Leu Opens Flat Versus Euro, In Line With Peers

The leu opened almost flat against the euro Wednesday, in line with the trend seen by other currencies in the region as well.

Andrei Cîrchelan · 15.06.2011 · 11:10 · 1 min
Capital Market

Shares Open Undecided, In Quiet Market

The Bucharest bourse opened Wednesday on an oscillating trend, with Oltchim (OLT.RO) still on the rise, while volumes in the market were low.

Andrei Cîrchelan · 15.06.2011 · 11:00 · 1 min
Capital Market

Bucharest Shares Close High, Energy Companies Recoil

The Bucharest bourse closed Tuesday on an upward trend, while energy companies such as Rompetrol Rafinare (RRC.RO) posted wide declines, after soaring in previous sessions.

Andrei Cîrchelan · 14.06.2011 · 17:28 · 1 min
Colliers: Magheru Ranks 65 In EMEA High Street Rents Chart
Real Estate

Colliers: Magheru Ranks 65 In EMEA High Street Rents Chart

Bucharest’s Magheru Boulevard posted some of the greatest declines in high street retail rents over the past several years among Europe, Middle East and Africa (EMEA) states, ranking 55 of 1...

Andrei Cîrchelan · 14.06.2011 · 16:15 · 1 min
Energy

CE Rovinari Starts Romania’s First Gas Desulfurization Unit

Thermal power producer CE Rovinari on Monday evening started its desulfurization installation, the first installation of its kind nationwide, following an investment of EUR60 million.

Andrei Cîrchelan · 14.06.2011 · 11:57 · 1 min
Capital Market

Leu Opens Weaker Vs Euro, In Quiet Trade

The leu opened Tuesday slightly weaker against the euro and maintained this level, with minor oscillation, on low traded volumes.

Andrei Cîrchelan · 14.06.2011 · 10:53 · 1 min