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Beauty editor

Andrei Cîrchelan

Fields
Capital Market, Energy, Banks-Insurance
Writing for ZF since
2011
Articles
331
Energy

Energy Transporters May Apply For Financing Of Network Upgrades

Romanian electricity and natural gas transporters may request financing from the state for infrastructure upgrades, between June 13 and July 15, under a program with a total budget of 242.9...

Andrei Cîrchelan · 06.06.2011 · 17:28 · 1 min
Capital Market

Bucharest Shares Close Up, On End-Session Rally

The Bucharest bourse closed up Monday, after hovering around par throughout the session and rallying in late-trade, with chemical company Oltchim (OLT.RO) and oil company Rompetrol Rafinare...

Andrei Cîrchelan · 06.06.2011 · 17:24 · 1 min
Energy

Electrocentrale Deva Seeks Contractors For RON85.5M Eco-Works

Romanian electricity producer Electrocentrale Deva, a subunit of state-owned Termoelectrica, plans to invest 85.5 million lei (EUR20.7 million) in environment works.

Andrei Cîrchelan · 06.06.2011 · 15:24 · 1 min
Companies

Oresa Plans Two Acquisitions In Romania By Yearend, With EUR30M

Swedish investment firm Oresa Ventures expects to conclude at least two acquisitions in Romania by the end of the year, worth a total EUR30 million, company official Cornel Marian told MEDIA...

Andrei Cîrchelan · 06.06.2011 · 15:05 · 1 min
Banks-Insurance

Groupama Romania Appoints New HR Manager

Insurer Groupama Romania appointed Gabriel Chirvase as human resources manager, after Monica Marchis was promoted as director of International HR Coordination within the French insurance gro...

Andrei Cîrchelan · 06.06.2011 · 15:04 · 1 min
Romania Talks Nuke Reactor Investment With US, Asian Companies
Energy

Romania Talks Nuke Reactor Investment With US, Asian Companies

Companies in Japan, China, South Korea and the United States showed interest in working with Romania on the construction of nuclear power reactors 3 and 4, Friday said Romanian Economy Minis...

Andrei Cîrchelan · 03.06.2011 · 19:52 · 1 min
Romgaz May Float Stock Within 12-14 Months
Energy

Romgaz May Float Stock Within 12-14 Months

Economy Minister Ion Ariton said Friday that state-owned gas distributor Romgaz will be floated on the Bucharest bourse within 12 to 14 months.

Andrei Cîrchelan · 03.06.2011 · 19:38 · 1 min
Hidroelectrica May Get Private Management In Fall
Energy

Hidroelectrica May Get Private Management In Fall

The first state-owned companies to get private management “could be” hydropower producer Hidroelectrica and coal company CNH, starting fall, Friday said Economy Minister Ion Ariton.

Andrei Cîrchelan · 03.06.2011 · 19:11 · 1 min
GTC Joins Ana Group To Build 24-Floor Office Building In Bucharest
Real Estate

GTC Joins Ana Group To Build 24-Floor Office Building In Bucharest

Property developer Globe Trade Center, or GTC, on Friday announced plans to develop a 30,000-sqm office tower in Bucharest, in partnership with Ana Group, a company owned by Romanian busines...

Andrei Cîrchelan · 03.06.2011 · 18:18 · 1 min
Raiffeisen Cuts Target Price For Romanian Transgaz To RON285/Share
Capital Market

Raiffeisen Cuts Target Price For Romanian Transgaz To RON285/Share

Raiffeisen Capital&Investment cut 1.5% off the target price for shares in Romanian state-owned gas transporter Transgaz (TGN.RO), to 285 lei (EUR69) from RON289.5, but maintained the “hold”...

Andrei Cîrchelan · 03.06.2011 · 18:02 · 1 min
Capital Market

Bucharest Shares Close Almost Flat, Oltchim Slows Its Growth

The Bucharest bourse closed Friday near par, after an arch-like evolution throughout the session, while all but two indexes ended in the red.

Andrei Cîrchelan · 03.06.2011 · 16:59 · 1 min
Capital Market

GHCL Upsom Dubbed Insolvent For EUR14M Debt To Romgaz

The Alba court allowed Thursday the insolvency claim filed by state-owned gas distributor Romgaz against chemical plant GHCL Upsom Ocna Mures (UPS.RO).

Andrei Cîrchelan · 03.06.2011 · 13:40 · 1 min