Beauty editor
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 331
Shares Open Up, Oltchim Back On Rise
The Bucharest bourse opened Tuesday with a rising tendency, while chemical company Oltchim (OLT.RO) was back on the rise and investment fund Fondul Proprietatea (FP.RO) was gaining more than...
BVB General Manager Resigns Central Depository Position
The general manager of Bucharest bourse operator BVB (BVB.RO) resigned Friday from his position as board president at the Central Depository, in compliance with a regulation of securities co...
Bucharest Shares Close Down, But SIFs Rise
Shares traded on the Bucharest Stock Exchange closed Friday with a decline, after a session riddled with wide oscillation, while the five regional investment funds, or SIFs, rose 1.16% on av...
Greek-Owned Banks Are Solid - BNR Deputy Governor
Romanian banks with Greek shareholders are solid and they can cope with the Greek crisis, which makes them attractive for investors, but the parent companies aren’t showing any intention to...
Fondul Proprietatea Sells 1.55% Stake In Oil Terminal
Romanian investment fund Fondul Proprietatea (FP.RO) Thursday sold a 1.55% stake in Oil Terminal Constanta (OIL.RO), for 3.3 million lei (some EUR800,000), capitalizing on a 32% hike in Oil...
Romanians Registered 8,500 New Cars In May, Down 2.1% On The Year
Romanians registered some 8,500 new cars in May, down 2.1% on the year, according to data published Thursday by the local driving license and vehicle registration authority.
Most Romanians Fear Bankruptcy When They Think Of Starting A Business
Romanians who would like to start a business are mainly discouraged by the fear of bankruptcy, revenue fluctuations and loss of property, according to report published Thursday by the Europe...
Basescu Meets Exxon Mobil, Petrom To Talk Black Sea Drilling Plans
Romanian President Traian Basescu met Thursday with a delegation from US Exxon Mobil and Romanian OMV Petrom (SNP.RO), to discuss the two oil companies’ investment plans for the blocks lease...
Shares Close Down, Oltchim Stumbles
The Bucharest bourse closed Thursday slightly in the red, while chemical company Oltchim (OLT.RO) saw a steep decline after the past days' rally.
Open-End Investment Funds Post Net Subscriptions Of RON179M In May, Up 74% On Month
Romanian open-end investment funds drew net subscriptions worth a total 179 million lei (EUR42.9 million) in May, up 74.1% from RON102.8 million in April, according to data published Thursda...
Mega Image To Invest EUR50M In Romania By Yearend
Retailer Mega Image planned total investments of EUR50 million in Romania this year, to open a warehouse and launch 23 stores, of which 8 have already been opened since January.
Nova Imobiliare Invests EUR42M In Retail Project Near Bucharest
British-owned Nova Imobiliare on Thursday said it will invest EUR42 million in the first phase of the Colosseum retail project outside Bucharest, which will be opened in fall this year.