Beauty editor
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 331
Bridge Bank To Get Money From Guarantee Fund's Private Resources
The private resources of the FGDB, a fund guaranteeing bank deposits, will be used to finance the bridge-bank, while public funds will only be used in the form of a loan granted by the Finan...
Bucharest Stocks Close With Solid Increase, On Low Activity
The Bucharest bourse closed Friday with a visible upward trend, but trading remained low and investors focused mainly on financials and OMV Petrom (SNP.RO).
Romastru Trading Seeks Expansion To Ultimately Double Turnover
Pharmaceutical marketing and retail firm Romastru Trading plans a turnover of EUR90 million this year and it has started a process of regional expansion that could double its turnover in the...
Austrian Kapsch Seeks Highway Taxation, Railroad Comm Projects In Romania
Austrian group Kapsch, with a turnover estimated at EUR1 billion in the current fiscal year, plans a strong development of its IT&C business line in Romania, but it is mainly focusing on pro...
Bucharest Stocks Open Slightly Up, Eyes On Energy Stocks
The Bucharest bourse opened Friday slightly up on the day, on low traded values, while investors were focusing mainly on shares of energy companies and investment funds.
Oltchim Maintains Furlough Throughout December
Romanian chemical company Oltchim Ramnicu-Valcea (OLT.RO) will keep some 1,000 employees on furlough in December as well, for the fifth consecutive month of furlough, because of raw material...
Leu Strengthens Versus Euro In Early Trade, In Line With Region
The leu opened Tuesday nearly flat against the euro, but it soon started to strengthen, in line with other currencies in the region.
Bucharest Luxury Hotels Break Out New Year’s Eve Party Specials
"We have 1,000 seats available for the New Year’s Party in the hotel’s restaurant, more than last year, when we hadn’t opened the SteakHouse restaurant. So far, we have reservations for abou...
BCR Lends EUR20M To TMK Artrom Slatina
Romanian lender BCR, owned by Erste Group Bank (EBS.RO), issued a EUR20 million loan for pipe maker TMK-Artrom Slatina (ART.RO).
Leu Opens Stronger Vs Euro, Consolidates Early
The leu opened Monday slightly stronger against the euro and maintained the trend, while dealers in the market expect the central bank to intervene again and keep the leu stable.
Bucharest Stocks Open Down, Eyes On SIFs
The Bucharest bourse opened Monday in the red, on low traded values, while investors were mainly focusing on the five regional investment funds, or SIFs, and Fondul Proprietatea (FP.RO).
Bucharest Stocks Fall In Early Trade
The Bucharest bourse opened Friday with a barely noticeable increase, on low traded volumes, but it soon fell below par, while investors were focusing on the five regional investment funds,...