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Beauty editor

Andrei Cîrchelan

Fields
Capital Market, Energy, Banks-Insurance
Writing for ZF since
2011
Articles
331
Capital Market

Bucharest Bourse To Extend Trading Schedule By 15 Minutes

The Bucharest bourse will extend the trading schedule by 15 minutes, until 16:30 local time, starting July 15, enabling investors to react to developments on US markets.

Andrei Cîrchelan · 01.07.2011 · 17:48 · 1 min
Capital Market

Shares Close Slightly Up, Trading Slumps

The Bucharest bourse closed Friday with a slight increase, on low traded volumes, while the blue-chips were held back by investment fund Fondul Proprietatea (FP.RO) and lender Banca Transilv...

Andrei Cîrchelan · 01.07.2011 · 17:17 · 1 min
Capital Market

Certinvest To Launch Closed-End Fund For Energy Projects

Certinvest, owned by businessman Eugen Voicu, will launch a private closed-end investment fund, Certinvest Green, through which it will fund two alternative energy projects, aiming to draw E...

Andrei Cîrchelan · 01.07.2011 · 16:40 · 1 min
Caroli Foods Group Shuts Down One Of Its Two Romanian Plants
Retail&Consumer

Caroli Foods Group Shuts Down One Of Its Two Romanian Plants

Meat processor Caroli Foods Group on Friday said it has shut down its plant in southeastern Romanian city Tulcea and will focus its activities at the Pitesti plant, because of reduced purcha...

Andrei Cîrchelan · 01.07.2011 · 16:26 · 1 min
Capital Market

Piraeus Bank Eyes Market Maker Status For All State Bonds On Bucharest Bourse

Piraeus Bank Romania wants to become market maker for all state bonds on the Bucharest bourse by the end of the year, Friday said Antonio Flus, the bank’s head of capital markets.

Andrei Cîrchelan · 01.07.2011 · 13:46 · 1 min
Capital Market

KBC Securities Ranks First Among Bucharest Bourse Brokers In June

Broker KBC Securities ranked first among Bucharest bourse brokers in June, for the sixth month in a row, with a turnover of 567.25 million lei (EUR134 million) and a 25.5% market share, acco...

Andrei Cîrchelan · 30.06.2011 · 19:12 · 1 min
Capital Market

Leu Closes Weak Vs Euro, On Forex Demand

The leu continued to weaken versus the euro in late trade Thursday, touching a low of 4.247 against the European coin, on foreign currency demand from banks, who are now making provisions.

Andrei Cîrchelan · 30.06.2011 · 17:17 · 1 min
Capital Market

Shares Close Down, Blue-Chips Rise

The Bucharest bourse closed Thursday slightly in the red, on low traded volumes, while the blue-chips managed to stay above par, towed by lender Banca Transilvania (TLV.RO).

Andrei Cîrchelan · 30.06.2011 · 17:03 · 1 min
Retailer real,- Appoints Manager For Producer Relations
HR

Retailer real,- Appoints Manager For Producer Relations

Retailer real,- Hypermarket Romania on Thursday said it has appointed Nicolae Danciu as senior manager for relations with local producers, starting July 1.

Andrei Cîrchelan · 30.06.2011 · 12:35 · 1 min
Romania May Overdue Forex Loans Up 4.7% To RON10.1B
Banks-Insurance

Romania May Overdue Forex Loans Up 4.7% To RON10.1B

Overdue private loans in foreign currency increased by 4.7% in May, while overdue loans in local currency inched up 0.4%, according to data published by the central bank Wednesday.

Andrei Cîrchelan · 29.06.2011 · 18:11 · 1 min
Liquidators To Sell Bucharest City Mall Through Direct Negotiation
Real Estate

Liquidators To Sell Bucharest City Mall Through Direct Negotiation

Bankrupt Bucharest shopping center City Mall failed to draw bidders in the fifth auction, set for June 30, thus the liquidator, Casa de Insolventa Transilvania, will sell the unit through di...

Andrei Cîrchelan · 29.06.2011 · 17:53 · 1 min
Capital Market

Leu Dips Vs Euro, Players Move On Greece News

The leu weakened slightly versus the euro at closing Wednesday, while players in the market marked their profit after news that the Greek parliament approved a set of austerity measures.

Andrei Cîrchelan · 29.06.2011 · 17:30 · 1 min