Beauty editor
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 331
Romania’s FMCG Market To Enter Slow Upward Trend - Study
Romania’s fast moving consumer goods (FMCG) market will start widening by 5% per year, despite having shrank by 29% over the past two years, to EUR16 billion in 2010, according to a study by...
Nabucco Parties To Sign Agreements Against Potentially Harmful Legislation
Romania and the other governments of states transited by the Nabucco gas pipeline will meet on June 8 in Turkey with the companies involved in the project, to sign project support agreements...
MedLife Launches Pediatrics Hospital In EUR13.5M Invest
Romanian private healthcare operator MedLife on Wednesday launched a pediatrics hospital in Bucharest, following an investment of EUR13.5 million.
France Telecom Appoints New CEO At Orange Romania
France Telecom-Orange appointed Jean-Francois Fallacher as chief executive officer of Orange Romania, replacing Thierry Millet who was promoted within the group.
Bucharest Shares Open High, Oltchim Back On The Rise
The Bucharest bourse opened Wednesday with an upward trend, led by chemical company Oltchim (OLT.RO) and investment fund Fondul Proprietatea (FP.RO).
Fondul Proprietatea Buys Back 0.19% To Rein In Stock Drop
Romanian investment fund Fondul Proprietatea (FP.RO) bought back last week a 0.19% stake for 12.88 million lei (EUR3.1 million), according to a memo sent Wednesday to the Bucharest Stock Exc...
Leu Opens Flat Vs Euro, Amid Dull Trading
The Romanian leu opened almost flat against the euro Wednesday, in sync with other currencies in the region, while volumes remained low and fluctuations minor.
Managers Reluctant To Hire, Despite Sentiment Boost - Survey
Romania’s outlook seems to be stabilizing, based on improved economic sentiment regarding the economy, payment terms and capital expenditure plans, but confidence is very low and employment...
Government Loses Dominance Among Proprietatea Fund Holders
The Romanian Finance Ministry lost its dominant position among the shareholders of investment fund Fondul Proprietatea (FP.RO), after recently ceding a 10.1% stake in the fund to compensate...
Romanian Investors Sought For $500M Railway Project In Jordan
Jordan Express Light Railway Company, owned by businessman Fathi Taher, signed a contract with consultants Railway Business to find Romanian investors interested in a $500 million project de...
Agricola Brasov May Seek RON40M For Production
Poultry meat producer Avicola Brasov on Tuesday said it plans to take out a 40 million lei (EUR9.7 million) loan to support production.
Oltchim Buys More Assets In Arpechim Refinery
Chemical plant Oltchim (OLT.RO) bought from oil company OMV Petrom (SNP.RO) another set of assets at the Arpechim refinery, to be used in petrochemistry activities.