Beauty editor
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 331
Garanti Bank Romania Seeks EUR22.5M Credit From IFC
Garanti Bank Romania plans to contract financing worth up to EUR22.5 million from the International Finance Corporation, a World Bank offshoot, to credit small and medium sized companies.
Lowe Group Posts RON218M Sales In 2010
Communication group Lowe on Tuesday reported sales of 218.5 million lei (EUR53 million) in 2010, with 20% of turnover coming from new contracts.
Henkel Builds New Plant To Boost Production By 40%
Germany’s Henkel group, which owns two building materials and adhesive plants, will start building its third plant in October, in Roznov, southeast of Piatra-Neamt, with investment planned a...
Shares Close Up, SIFs Lead Rise
The Bucharest bourse closed Tuesday with an increase, while the large part of trading targeted investment fund Fondul Proprietatea (FP.RO) and the five regional investment funds, or SIFs.
Casa De Insolventa Transilvania Expands By Takeovers
Liquidator Casa de Insolventa Transilvania, or CITR, recently took over Solve Insolve IPURL in a consolidation and expansion plan that includes another three takeovers by the end of the year...
Polisano To Launch Two Hospitals By End-2012
Private healthcare provider Polisano, owned by businessman Ilie Vonica, plans to open two hospitals in Bucharest and Sibiu by the end of next year.
Somaco Grup Buys Prefab Plant For EUR4M
Construction materials maker Somaco Grup Prefabricate bought a concrete prefab plant for EUR4 million in central county Alba, with plans to invest another EUR2 million in widening its range...
Fourth Price Cut Renews Liquidator's Hope To Sell Bucharest City Mall
On the eve of a fourth sale attempt for Bucharest bankrupt shopping center City Mall, liquidator Casa de Insolventa Transilvania maintains hope in the face of investor caution, saying the cr...
All Talk And No Walk For Romania's Nuke Reactors
Romania still lacks investors for nuclear reactors 3 and 4, despite countless months-long talks with potential partners and a series non-binding commitments mostly by Asian companies.
Shares Close Down, Oltchim Dives
The Bucharest bourse closed Monday in the red, after following an undecided pattern throughout the session, while more than half of today’s lackluster activity consisted of trades in Fondul...
High Street Retail Draws Casinos, Discounters
Rental demand for commercial space on Romania’s main streets comes mostly from casinos and discount stores, according to an analysis by real estate consultants Cushman&Wakefield.
Hilton To Open Three Hotels In Romania By Yearend
International hotel chain Hilton on Monday said it will launch three hotels in Romania this year, bringing its network to seven launched or developing hotels nationwide.