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Beauty editor

Andrei Cîrchelan

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

E.ON, Bayer, Deutsche Telekom To Be Tradable On Bucharest Bourse's ATS

Romanian brokerage firm Tradeville on Monday said it will bring German issuers E.ON, Bayer and Deutsche Telekom to the alternative trading system (ATS) of the Bucharest Stock Exchange.

Andrei Cîrchelan · 30.05.2011 · 14:29 · 1 min
City Mall Bucharest To See Fourth Sale Attempt, At EUR23.58M
Real Estate

City Mall Bucharest To See Fourth Sale Attempt, At EUR23.58M

Bankrupt shopping center City Mall Bucharest will be put on sale for the fourth time on June 10, in an auction starting at EUR23.58 million, some 30% less than the initial price of EUR33 mil...

Andrei Cîrchelan · 30.05.2011 · 11:57 · 1 min
Capital Market

Leu Opens Stronger Vs Euro, In Quiet Market

The Romanian leu opened Monday slightly stronger against the euro, amid market apathy, while the other currencies in the region were holding their ground.

Andrei Cîrchelan · 30.05.2011 · 10:55 · 1 min
Banks-Insurance

Erste Plans EUR600M Funding Of Romanian Infrastructure Works

Erste Group, owner of Romanian bank BCR, issued financing worth EUR300 million for infrastructure projects so far in Romania, and it expects to double this value within the next year and a h...

Andrei Cîrchelan · 30.05.2011 · 10:49 · 1 min
Capital Market

Bucharest Shares Open Down, Eyes On Chemicals

Bucharest-traded shares opened Monday slightly below par, with chemical company Oltchim (OLT.RO) ending its upward streak and Amonil (AMO.RO) taking its place as the top gainer.

Andrei Cîrchelan · 30.05.2011 · 10:48 · 1 min
Analysis

INS: Managers Expect Growth On All Sectors In May-July

Managers expect moderate growth in industry, retail and services and growth in construction between May and July this year, compared to the previous three months, the country’s statistics in...

Andrei Cîrchelan · 30.05.2011 · 10:29 · 1 min
Real Estate

INS: Housing Permits Down 14.7% On Year In April, To 3,145

Romania issued 3,145 buildings permits for residential projects in April, down 14.7% on the year and down 6.8% compared to March, the statistics institute INS said Monday.

Andrei Cîrchelan · 30.05.2011 · 10:08 · 1 min
Banks-Insurance

Volksbank Romania's Assets Fell To EUR4.7M In March

Austrian financial group Volksbank Friday said its Romanian net asset value fell to EUR4.7 billion in March from EUR4.8 billion at the end of 2010.

Andrei Cîrchelan · 30.05.2011 · 01:55 · 1 min
Capital Market

Bucharest Shares Close Up, Proprietatea Back In Red

The Bucharest bourse closed up Friday, with investment fund Fondul Proprietatea (FP.RO) returning to decline after yesterday's rebound, while Oltchim (OLT.RO) continued its rally.

Andrei Cîrchelan · 27.05.2011 · 17:42 · 1 min
Capital Market

Leu Ends Flat Vs Euro, In Line With Region

The Romanian leu closed flat against the euro Friday, at 4.128/4.13 units, after having reached a low of 4.133/4.135 units in late trade.

Andrei Cîrchelan · 27.05.2011 · 17:28 · 1 min
Banks-Insurance

Piraeus Bank Romania 1Q Pretax Profit Falls To EUR6.6M

Piraeus Bank Romania posted a profit before taxes of EUR6.6 million in the first quarter, compared to EUR10.3 million in the same period of 2010, the bank's chief executive officer Catalin P...

Andrei Cîrchelan · 27.05.2011 · 17:02 · 1 min
Capital Market

Central Depository's 2010 Net Profit Triples To RON6M

The Romanian Central Depository on Friday reported a net profit of some 6 million lei (EUR1.45 million) for 2010, compared to RON2.1 million in 2009, and it expects a net profit of RON1.5 mi...

Andrei Cîrchelan · 27.05.2011 · 16:24 · 1 min