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Beauty editor

Andrei Cîrchelan

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

Spar Romania Sales Drop 46% YY In 2010, To EUR10M

Dutch retailer Spar posted sales of EUR10 million in Romania in 2010, down 46% from EUR18.4 million in 2009, as store numbers halved.

Andrei Cîrchelan · 02.06.2011 · 18:28 · 1 min
Romania Ranks 21 In Renewable Energy Attractiveness Chart
Energy

Romania Ranks 21 In Renewable Energy Attractiveness Chart

Romania climbed two positions, to 21, in an Ernst&Young chart of the 35 most attractive states for renewable energy projects.

Andrei Cîrchelan · 02.06.2011 · 18:15 · 1 min
Capital Market

Leu Ends Weaker Vs Euro, In Quiet Market

The Romanian leu registered some minor oscillation in late trade Thursday, closing slightly weaker versus the euro, on low traded volumes.

Andrei Cîrchelan · 02.06.2011 · 17:42 · 1 min
Capital Market

Shares Close Down, Oltchim Stays On The Rise

The Bucharest bourse closed Thursday in the red, after staying below par throughout the entire session, while chemical company Oltchim (OLT.RO) posted yet another peaking rise.

Andrei Cîrchelan · 02.06.2011 · 17:01 · 1 min
Energy

Court Rejects Proprietatea Fund Challenge Against RON400M Donation - Sources

The Alba Iulia Court of Appeals rejected the challenge issued by investment fund Fondul Proprietatea (FP.RO) against a government decision that stat-owned gas distributor Romgaz donate 400 m...

Andrei Cîrchelan · 02.06.2011 · 16:36 · 1 min
Energy

Rompetrol Ups Pump Prices By Up To RON0.02 Per Liter

Rompetrol Downstream, the fuel distribution unit of oil group Rompetrol, Thursday increased pump prices for gasoline and diesel by up to 0.02 (EUR0.004) per liter.

Andrei Cîrchelan · 02.06.2011 · 15:38 · 1 min
Energy

Thermal Power Plant Rovinari Seeks Constructor For RON245M Project

State-owned thermal power producer Rovinari plans to contract works worth an estimated 244.7 million lei (EUR59.2 million) for the construction of a gas desulfurization unit.

Andrei Cîrchelan · 02.06.2011 · 15:32 · 1 min
Macroeconomics

A Constitutional Budget Gap Ceiling Requires Correction Measures

The caps on budget deficit and public debt, proposed for introduction in the Constitution, would be an important step in rendering public finance more sustainable, but correction of potentia...

Andrei Cîrchelan · 02.06.2011 · 15:08 · 1 min
HR

Grampet Appoints Gratian Calin As Vice-President

Railway transporter Grampet, owned by businessman Gruia Stoica, appointed Gratian Calin as vice-president.

Andrei Cîrchelan · 02.06.2011 · 13:14 · 1 min
Capital Market

Shares Close Up, Proprietatea Dominates Trades

The Bucharest bourse closed Wednesday with robust increase, as chemical companies soared and investment fund Fondul Proprietatea (FP.RO) dominated trading.

Andrei Cîrchelan · 01.06.2011 · 16:57 · 1 min
HR

Renaissance Capital Appoints New CEE Financial Division Chief

Investment bank Renaissance Capital appointed Morgan Stanley former regional manager Bogdan Ciobotariu as head of the financial division for Central and Eastern Europe.

Andrei Cîrchelan · 01.06.2011 · 16:14 · 1 min
Capital Market

Minor Proprietatea Stake Sold For RON63M On Deal Market

A 0.91% stake in investment fund Fondul Proprietatea (FP.RO) was transferred Wednesday on the Bucharest bourse’s deal market through two special transactions worth a total 63 million lei (EU...

Andrei Cîrchelan · 01.06.2011 · 15:53 · 1 min