Beauty editor
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 331
Unilever South Central Europe Appoints New Marketing Director
Unilever South Central Europe on Tuesday said it has appointed Dan Oprescu as marketing director, replacing Fulvio Guarneri who was promoted as vice-president brand building home and persona...
BNR Investments Focused Mainly On Government Bonds In 2010
Romania's central bank BNR invested mostly in government bonds in 2010, as its investment policy focused on limiting exposure to private lenders, therefore revenue from administration of the...
Leu Continues To Strengthen Vs Euro After Rating Upgrade
The Romanian leu opened stronger versus the euro Tuesday, continuing the trend in late trade Monday after Fitch announced an upgrade in Romania’s rating to investment grade.
Bucharest Shares Open Up, SIFs Lead Gains
The Bucharest bourse opened Tuesday on an upward trend, with visible increases for all but a few stocks, while the bulk of trading was focusing on Fondul Proprietatea (FP.RO) and the five re...
INS: Average Net Wage Falls In May To RON1,458
Average net wages in Romania dropped 2.7% on the month to 1,458 lei (EUR345) in May, since wages in April had been boosted by Easter and other seasonal bonuses, the statistics institute INS...
Central Bank Reports RON203M Staff Expenditure For 2010
The central bank reported staff expenditure worth a total 202.9 million lei (EUR48 million) in 2010, up 9.1% on the year, even though wages were cut by 25% starting July 1 last year.
BNR's Net Profit Fell To RON1.4 Billion In 2010
Romania’s central bank BNR posted a net profit of 1.41 billion lei (EUR334 million) in 2010, compared to RON4.6 billion in 2009, on lower interest revenue, according to the bank’s annual rep...
Bucharest Shares Close High, Proprietatea Drives Trades
The Bucharest bourse closed Monday in the green, after a slow start, while the bulk of activity in the main market focused on the shares of investment fund Fondul Proprietatea (FP.RO).
Hard Coal Mining Company SNLO Plans To Take Out RON40M Loan
Romanian state-owned lignite company SNLO plans to take out a one-year loan worth 40 million lei (EUR9.5 million).
Bucharest Court Clears Banca Transilvania Management Of Insider Trading Charges
The Bucharest Court on Monday acquitted the management of Banca Transilvania (TLV.RO), clearing it of insider trading charges in a case regarding trades with the bank's stock, which allegedl...
Romtelecom To Appoint Stefanos Theocharopoulos As CEO
Shareholders of telecom operator Romtelecom decided Friday to appoint Stefanos Theocharopoulos as the company’s chief executive officer, replacing Yorgos Ioannidis.
Romtelecom To Float Stock Within 12 Months
Telecom operator Romtelecom will float stock on the Bucharest bourse within 12 months, and consultants will be selected by September 1, Friday said communications minister Valerian Vreme.