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Beauty editor

Andrei Cîrchelan

Fields
Capital Market, Energy, Banks-Insurance
Writing for ZF since
2011
Articles
331
Private Healthcare Market Seen Up 15% In 2011, To EUR500M
Health

Private Healthcare Market Seen Up 15% In 2011, To EUR500M

Romania’s private medical services market might grow by 15% this year, to some EUR500 million, as patients move from public to private healthcare system, according to Regina Maria - Reteaua...

Andrei Cîrchelan · 09.06.2011 · 13:27 · 1 min
Romanians Working Abroad Saved EUR100B In Ten Years
Macroeconomics

Romanians Working Abroad Saved EUR100B In Ten Years

The three million Romanians who worked in Western Europe over the past ten years saved EUR100 billion, four times as much as household savings in local banks.

Andrei Cîrchelan · 09.06.2011 · 00:00 · 1 min
Real Estate

Soceram Breaks Ground On EUR20M Plant In Roman

Construction materials maker Soceram started construction of an autoclaved aerated concrete plant in northeastern town Roman, in a project worth EUR20 million and set for completion in summe...

Andrei Cîrchelan · 08.06.2011 · 18:29 · 1 min
Banks-Insurance

MKB Romexterra Bank Ups Share Capital By RON82M, To RON462M

MKB Romexterra Bank increased its share capital by 82 million lei (EUR19.65 million), to RON462 million, through cash contribution by majority shareholder MKB Bank Zrt.

Andrei Cîrchelan · 08.06.2011 · 18:19 · 1 min
Capital Market

Bucharest Shares Close Slightly Up, SIFs Buck Trend

The Bucharest bourse closed higher Wednesday, driven by the surge of chemical and energy companies, while the five regional investment funds, or SIFs, closed in the red.

Andrei Cîrchelan · 08.06.2011 · 17:25 · 1 min
Retail&Consumer

Court Approves Mexxem's Reorganization Plan

The reorganization plan for insolvent Mexxem, owner of the Stone Creek stores, has been approved in court and will be implemented this month, Wednesday said liquidator Casa de Insolventa Tra...

Andrei Cîrchelan · 08.06.2011 · 13:42 · 1 min
Retail&Consumer

Kosarom To Invest EUR15M In Swine Farm

Romanian group Kosarom will invest EUR15 million in the Suinprod swine farm in Roman, which will be relaunched early next year, group owner Neculai Apostol said Wednesday.

Andrei Cîrchelan · 08.06.2011 · 13:07 · 1 min
Real Estate

Policolor-Orgachim To Sell 13.8 Ha Plot In Bucharest - Colliers

The Policolor-Orgachim group plans to sell a 13.8-hectare plot in Bucharest, according to Colliers International which will broker the deal.

Andrei Cîrchelan · 08.06.2011 · 13:06 · 1 min
Banks-Insurance

Generali Targets Infrastructure Projects Developed With EU Money

Generali, one of the top ten companies on the insurance market, is planning to boost its policy sales by insuring works on infrastructure projects financed with European funds, which are see...

Andrei Cîrchelan · 08.06.2011 · 01:40 · 1 min
Companies

Posta Romana Acumulated EUR72M Losses With Political Management

State-held postal company Posta Romana ended last year with a loss of EUR29 million on a turnover of EUR327 million, after posting EUR43 million-loss in the preceding year, according to comp...

Andrei Cîrchelan · 08.06.2011 · 01:35 · 2 min
Capital Market

Shares Close Up, Blue-Chips Underachieve

The Bucharest bourse closed Tuesday with a slight increase, while the blue-chips closed in the red and energy and chemical stocks jumped by percentages very close to the maximum allowed vari...

Andrei Cîrchelan · 07.06.2011 · 16:50 · 1 min
Sonae Sierra To Break Ground On EUR111M Mall
Real Estate

Sonae Sierra To Break Ground On EUR111M Mall

Portuguese Sonae Sierra will start this month construction on the Adora Mall Craiova shopping center, which will entail an investment of EUR111 million.

Andrei Cîrchelan · 07.06.2011 · 15:44 · 1 min