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Beauty editor

Andrei Cîrchelan

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

Shares Close Up, Rompetrol Stumbles

The Bucharest bourse closed Wednesday with a slight increase, while the index tracking energy companies closed below par.

Andrei Cîrchelan · 29.06.2011 · 17:17 · 1 min
Romanians Pay More Than Most EU Citizens For Gas, Electricity
Energy

Romanians Pay More Than Most EU Citizens For Gas, Electricity

Household consumers in Romania pay twice more than their French counterparts for electricity, calculated on their purchase power, while the price of gas is nearing the EU average, using the...

Andrei Cîrchelan · 29.06.2011 · 15:42 · 3 min
Romania’s Economic Sentiment Improves Slightly In June - Poll
Macroeconomics

Romania’s Economic Sentiment Improves Slightly In June - Poll

Economic sentiment improved slightly for Romania in June, mostly for retail, according to a monthly survey unfolded by the European Commission.

Andrei Cîrchelan · 29.06.2011 · 14:45 · 1 min
Capital Market

Leu Dips Vs Euro, Reference At 4.2157

The leu weakened slightly against the euro mid-trade Wednesday, while other currencies in the region were losing some of their early gains.

Andrei Cîrchelan · 29.06.2011 · 14:12 · 1 min
Central Bank Keeps Key Rate Unchanged At 6.25%
Macroeconomics

Central Bank Keeps Key Rate Unchanged At 6.25%

Romania’s central bank Wednesday left its main interest rate at a record low of 6.25% a year for the ninth straight time.

Andrei Cîrchelan · 29.06.2011 · 13:14 · 2 min
Online Store Owners Need To Reassure Clients - GfK
Retail&Consumer

Online Store Owners Need To Reassure Clients - GfK

Online store owners need to invest in consumer confidence, according to a GfK survey, since clients mainly show concerns regarding the website’s security and the safety of their personal dat...

Andrei Cîrchelan · 29.06.2011 · 12:03 · 1 min
Capital Market

Leu Opens Flat Vs Euro, Peers Strengthen

The leu opened Wednesday flat against the euro, maintaining the ground gained in the previous session, on low traded volumes, while other currencies in the region were strengthening slightly...

Andrei Cîrchelan · 29.06.2011 · 11:06 · 1 min
Capital Market

Shares Open Up, Energy Stocks Rise

The Bucharest bourse opened Wednesday on a rising trend, with the bulk of activity focusing on traditional liquidity driver Fondul Proprietatea (FP.RO), while energy companies were maintaini...

Andrei Cîrchelan · 29.06.2011 · 10:50 · 1 min
Energy

Romania To Amend Green Certificate Sale Legislation, Collect EUR1.2B

The Economy Ministry wants to simplify legislation on the sale of greenhouse gas certificates, or AAUs, through which it plans to collect EUR1.2 billion, some two times less than initially a...

Andrei Cîrchelan · 28.06.2011 · 18:25 · 1 min
Natural Gas Imports May See 15% Price Hike In Third Quarter
Energy

Natural Gas Imports May See 15% Price Hike In Third Quarter

The price of imported natural gas may rise by 15% in the third quarter, compared to the beginning of the year, according to estimations by Romanian energy regulator ANRE.

Andrei Cîrchelan · 28.06.2011 · 18:06 · 3 min
Capital Market

Leu Closes Stronger Vs Euro, Peers Weaken

The leu maintained the ground gained early versus the euro Tuesday, out of sync with other currencies in the region, which were weakening against the european coin.

Andrei Cîrchelan · 28.06.2011 · 17:46 · 1 min
Capital Market

Shares Close High, Proprietatea Drives Trades

The Bucharest bourse closed Tuesday with an increase, on moderate traded volumes, while chemical and energy companies were the top gainers and the Proprietatea fund provided nearly two third...

Andrei Cîrchelan · 28.06.2011 · 17:12 · 1 min