Beauty editor
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 331
Romanian Leu Opens Flat Vs Euro, Lobs Early
The Romanian leu opened Friday nearly flat against the euro, it weakened in the first minutes of trading only to soon return to previous levels, prompting dealers to suspect an intervention...
Bucharest Stocks Close Down, Trading Picks Up
The Bucharest bourse closed Thursday in the red, on improved traded values, with almost a quarter of the overall traded values coming from deal market transactions in SIFs, Fondul Proprietat...
Bucharest Stocks Open Up, SIFs Stay Popular
The Bucharest bourse opened Thursday with a slight increase, on higher traded values, as players are still scrambling to buy and sell into the five regional investment funds, or SIFs.
Leu Opens Lower Vs Euro, Weakens Early
The leu opened Thursday slightly weaker against the euro and it continued to weaken within the first hour, as players bought euro and dealers expected the central bank to intervene once agai...
DEGI Titan Invests EUR10M In Upgrades At Iris Titan Shopping Center In Bucharest
DEGI Titan, owned by Aberdeen Immobilien, has invested EUR10 million over the past 10 months in upgrades at Bucharest’s Iris Titan Shopping Center.
Iulius Group Postpones Palas Iasi Launch Until April 2012
Realty developer Iulius Group, owned by businessman Iulian Dascalu, on Thursday said it has postponed the full launch of its 82% complete Palas Iasi complex until April 2012, with investment...
Bucharest Stocks Close Up, Eyes On Lenders
The Bucharest bourse closed Thursday with a slight increase, on moderate traded values, while investors focused mainly on the shares of banks.
Bankers Cut Price Of Euro Loans Ahead Of BNR Restrictions
September came with cheaper retail loans in euro, that is exactly those loans targeted by the central bank (BNR) restrictions, while loans in lei became 0.5% more expensive.
Czech CEZ To Invest EUR3B In Renewable Energy By 2013
Czech utilities company CEZ, which entered Romania in 2005 when it bought Electrica Oltenia from the government and earmarked EUR1.1 billion to build Europe’s largest wind farm in Dobrogea (...
2011 Could Be The Best Year Yet In Arctic’s History
Home appliances maker Arctic could end the year with EUR260 million in turnover, up 16% on the year if the rise continues at the same rate in the last quarter as in the previous three. So, a...
IMF Wants Romania To Privatize Electrica - Economy Ministry Official
The International Monetary Fund is not highly interested in replacing low-efficiency thermal power producers with new units through privatization, but there is “pressure” to sell electricity...
LeasePlan Romania Posts EUR1.43M Profit In Jan-Sep
Leasing firm LeasePlan Romania on Monday announced a net profit of EUR1.43 million in for the first nine months of the year, while sales reached EUR22 million.