Beauty editor
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 331
EVW Holding Reports RON12M Net Profit For 2010
EVW Holding, sole importer of DAF trucks to Romania, posted a net profit of 12 million lei (some EUR2.9 million) in 2010, eight times more than the profit achieved in 2009, according to the...
Nokia To Jucu Staff: "This Is Painful, But Necessary"
In a letter sent to all employees at Romanian plant Jucu, mobile phone maker Nokia explains why the plant needs to be shut down and where this operation fits within the company's global stra...
Sarantis Fights Colgate In Court Over “Total” Word, An EUR1M Stake
Sarantis Romania, among the ten largest on the cosmetics market, has been battling US giant Colgate-Palmolive in court for over two years, asking for EUR1.2 million in compensation, in a law...
Bucharest Shares Close Down, Eyes On Financials
The Bucharest bourse closed Wednesday slightly in the red, unable to recover after a sharp drop early in the session, while the bulk of trading focused on investment fund Fondul Proprietatea...
Power Producer Rovinari Buys EUR1.1M Green Certificates From Energy Trader Vitol
Romanian state-owned thermal power producer Rovinari bought Monday CO2 emission certificates on the commodities exchange for EUR1.1 million, from international trader Vitol.
Guzu Invests EUR2.5M In Fruit Warehouse, Tourism In Vrancea
Romanian businessman Daniel Guzu started construction of a fruit storage facility and a tourist pension unit in central Romanian county Vrancea, with an overall investment of EUR2.5 million,...
Bucharest Shares Close Up, On Vivid Trading
The Bucharest bourse closed Tuesday on an upward trend, with high traded values, while the focus of investors was spread across the board.
Provident Financial Romania Issued Loans Worth EUR200M In Five Years
Consumer lender Provident Financial on Tuesday said it has issued loans worth over EUR200 million in its five years of activity in Romania, serving more than 400,000 clients.
German Nagel Buys 25% In Whiteland Logistics For Undisclosed Sum
German logistics group Nagel on Tuesday announced it has bought a 25% stake in the logistics division of Romanian group Whiteland, for an undisclosed amount.
Allianz-Tiriac Asigurari Names COO, CFO
Romanian insurer Allianz-Tiriac Asigurari on Tuesday said it has appointed Daniela Grigore as chief operational officer and Cristian Ionescu as chief financial officer starting July 1.
Romanian Retailer Flanco Appoints New Sales Manager
Romanian electronics and IT retailer Flanco appointed Gabriel Peres as sales manager, putting him in charge of the company’s sales policy and the nationwide network of 75 units, the company...
Roibu Says Romania Lost Dominance Among Oltchim Holders
Romanian state lost dominance among shareholders of chemical company Oltchim (OLT.RO) regarding such decisions as share capital increases and procurement, after German PCC SE and British Car...