Beauty editor
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 331
Paint Maker Deutek Sees 2011 Sales Up 5% To EUR31.5M
Romanian paint and lacquer maker Deutek on Thursday said it plans to increase sales by at least 5% this year, to EUR31.5 million, based on a wider share on the domestic market and increased...
Raiffeisen Bank Posts Halved 1Q Profit In Romania, At EUR16M
Raiffeisen Bank International posted a profit after tax of EUR16 million in Romania in the first quarter, down 56% from EUR37 million in the same period a year ago, mainly because of lowered...
PCC Ups Stake In Oltchim To 15.7%, Shares Continue Rally
German PCC SE on Wednesday bought 1.9% of Romanian state-run firm Oltchim (OLT.RO), for 5.9 million lei (EUR1.43 million), thus upping its stake in the chemical company to 15.7%.
Leu Opens Flat Vs Euro, Strengthens Early
The Romanian leu opened Thursday flat versus the euro, but it started strengthening early in the session, while volumes remained low in a quiet market.
Bucharest Shares Open Flat, SIFs Rise
The Bucharest bourse opened Thursday almost flat on the day, but the five regional investment funds, or SIFs, were gaining more than 1% on average.
Sandoz Appoints New Country Head For Romania
Swiss drug maker Sandoz recently appointed Adrian Samson as country head, replacing Iztok Sever, who "chose to pursue personal projects outside the company".
Half Of RASDAQ's 80 Blue-Chips Brought Profit To Investors
Interest in RASDAQ market has plunged this year, amid its uncertain status and after some of its major companies were moved to the main market of the Bucharest Stock Exchange. Nevertheless,...
EFG Eurobank Posts EUR1.1M Loss In Romania In 1Q
Greek group EFG Eurobank on Wednesday reported a first quarter loss of EUR1.1 million in Romania, compared to EUR2.1 million profit in the same interval last year.
ATEbank To Sell Majority Stake In Romanian Branch
Greek state-owned group ATEbank wants to sell the majority stake in ATEbank Romania, as part of a restructuring plan compiled and unfolded in compliance with European Union regulations.
Prodplast Imobiliare Considers 10% Stake Buyback If Left On ATS
Prodplast Imobiliare might buy back as much as 10% of its stock if it fails to move, in June, from the alternative trading system of the Sibiu bourse to a regulated market.
ANOFM: Jobless Rate Falls To 5.4% In April
Romania’s unemployment rate fell to 5.41% in April, from 5.92% a month earlier, the country’s employment agency ANOFM said Wednesday.
Bucharest Shares Close Down, Proprietatea Touches New Lows
The Bucharest shares fell by more than 1% on average Wednesday, with investment fund Fondul Proprietatea (FP.RO) dropping 3%, after being down as much as 4% during the session.