Beauty editor
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 331
Akzo Nobel Coatings Eyes 20% Rise In 2011 Romania Sales, To RON29M
Akzo Nobel Coatings, part of the global paint market leader Akzo Nobel, expects Romanian sales to rise 20% in 2011, from 29 million lei (EUR7 million) a year before, based on network expansi...
AFI Europe 1Q Romania Rental Revenue Down 8%, To EUR5.7M
Israeli real estate developer AFI Europe collected EUR5.7 million in the first quarter from renting the AFI Palace Cotroceni mall in Bucharest, 8% less than EUR6.2 million in the same period...
Korean Companies Eye Stake In Cernavoda Nuke Project
A consortium formed of two South Korean companies wants to join the construction of reactors 3 and 4 at nuclear power plant Cernavoda, the Romanian Economy Ministry said in a news release Fr...
Raiffeisen Says “Buy” BRD Stock, Keeps RON16.6 Target Price
Raiffeisen changed the recommendation for BRD-Groupe Societe Generale (BRD.RO) stock from “hold” to “buy”, just a week after downgrade, while maintaining the 12-month target price at 16.6 le...
Regulated Prices May Mean Priority Access To Power Grid For Renewable Energy
Romanian energy regulator ANRE proposed the reduction of priority access, by renewable energy producers to the power grid, to include solely producers whose prices are regulated.
Romania Starts RON400M Funding Program For Large Companies
Large companies wishing to invest in production units, equipment procurement and technology can access non-reimbursable funds through a program worth a total 400 million lei (EUR97 million),...
Online Store eMAG Starts Selling Books
Online store eMAG on Friday said it has widened its portfolio to include books, planning to become the top book retailer within the year.
Leu Strenghtens Vs Euro, Amid Market Apathy
The Romanian leu gained slightly against the euro in early trade Friday, amid market apathy, in sync with other currencies in the region.
Bucharest Shares Open Up, Oltchim Jumps Another 15%
The Bucharest bourse opened up Friday, supported by a surge in chemical stocks, with Oltchim (OLT.RO) continuing its past days' rally, joined by Amonil (AMO.RO) and Azomures (AZO.RO).
Bucharest Shares Close Up, Proprietatea Fund Rebounds
The Bucharest bourse closed Thursday in the green, while the five regional investment funds, or SIFs, rose about 2% on average and investment fund Fondul Proprietatea (FP.RO) broke its eight...
SOCAR: AGRI Competes With Nabucco For Precedence In Azerbaijan
Azerbaijan will consider the AGRI gas route project a priority if it turns out it can be constructed before the Nabucco pipeline, according to Vitaliy Baylarbayov, vice-president of Azeri st...
Beer Importer Bavarom Posts 27% Rise In 1Q Sales
Romanian beer importer Bavarom Trading, currently undergoing insolvency proceedings, posted a 27% rise in sales in the first quarter, after concluding 2010 with sales of 9 million lei (EUR2....