Beauty editor
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 331
Romania Will Likely Meet H1 Fiscal Targets, But Capital Spending Still Low – Franks
Romania’s low level of expenditure will most likely allow for the first half fiscal targets to be achieved, but the authorities still need to imporove the EU-related capital spending, said J...
A Monetary Policy Change Likely Later In The Year - Franks
A potential change in the monetary policy is a decision that can be made later this year, not necessarily in Wednesday's board meeting of the central bank, said Jeffrey Franks, the head of t...
Concerns About Greece Raised Romania’s Risk Premium In Last Few Days- Franks
Greece woes have resulted in the increase of risk premium for Romania in the last few days, but it will be some time before it can be determined whether the situation is a long-term one and...
Leu Stays Strong Vs Euro, Reference At 4.2115
The leu maintained its strengthening trend against the euro mid-session Tuesday, and the central bank set calculated a reference rate of 4.2115 lei to the euro.
May Private Lending Up 1.5% On Month To RON207.6B
Private lending rose 1.5% in real terms to 207.6 billion lei (EUR49.29 billion) in May from a month earlier, central bank data showed Tuesday.
Businessman Catalin Chelu Now Holds 46.49% In Carbochim
Businessman Catalin Chelu indirectly controls 46.49% of abrasives maker Carbochim Cluj-Napoca (CBC.RO), through several companies he owns.
Romtelecom CEO To Step Down Starting July 1
The chief executive officer of Romanian telecom operator Romtelecom, Yorgos Ioannidis, will cease his mandate at the helm of the company starting July 1, people close to the matter told MEDI...
Leu Opens Stronger Vs Euro, Peers Hold Ground
The leu opened with a strengthening tendency against the euro Tuesday, on increasing traded volumes, while other currencies in the region were stable, awaiting news from Greece.
Nuclearelectrica To Spend EUR50M On Stress Tests
Nuclear power plant operator Nuclearelectrica will spend EUR50 million of its own funds for the stress testing of the Cernavoda nuke plant, Tuesday said company general manager Pompiliu Budu...
Shares Open Strong, Eyes On Energy Stocks
The Bucharest bourse opened Tuesday with a clear increase, boosted by the strong upward evolution of energy companies such as Rompetrol Rafinare (RRC.RO) and Rompetrol Well Services (PTR.RO)...
Managers Expect Growth On All Sectors In Jun-Aug - INS
Managers expect moderate growth in industry, retail and services, and growth in construction for the June-August interval of 2011, the statistics institute INS said in a statement Tuesday.
Housing Permits Down 6.7% YY In May, To 4,236 - INS
Issued 4,236 buildings permits for residential projects in May, up 34.7% on the month and up 6.7% on the year, the statistics institute INS said Tuesday.