Articolele autorului Andrei Cîrchelan
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ZF 15 ANI: Sobolewski - Sper ca Bursa şi ZF să evolueze împreună şi să devină şi mai importante pentru economie
Directorul general al BVB, Ludwik Sobolewski, a declarat luni, la deschiderea oficială a şedinţei de tranzacţionare, cu ocazia aniversării a 15 ani de la lansarea Ziarului Finaciar, că speră ca Bursa şi ZF să crească împreună, pe viitor, şi să devină şi mai importante pentru economia locală. citeşte tot
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Chiriţoiu: Piaţa de energie, cele mai multe probleme concurenţiale, auto şi telecom cele mai puţine
Economia românească are în continuare câteva sectoare care nu ridică probleme din punct de vedere concurenţial, precum industria auto sau piaţa de telecomunicaţii, dar şi unele cu probleme legate de acest aspect, precum energia, a declarat Bogdan Chiriţoiu, preşedintele Consiliului Concurenţei. citeşte tot
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Fast Food Chain Subway Starts Activity In Romania
US fast food chain Subway launched Tuesday its first restaurant in Romania, in Bucharest, and the group plans to launch 40 units on the local market within the next four years. citeşte tot
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Romanian Mic.ro Liquidator To File For The Chain’s Bankruptcy
Romanian liquidator RVA Insolvency, court-appointed administrator of retail networks Mic.ro and miniMax, will ask creditors to allow bankruptcy for the two firms, since sale talks failed. citeşte tot
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US Plexus To Build $40M Plant In NW Romania
US telecom equipment maker Plexus will construct a manufacturing facility in northwest Romanian city Oradea, with an investment of $40 million and plans to double local employee numbers to 500 people. citeşte tot
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US Chevron Details Plans To Counter Unrest In Romania
US giant Chevron on Monday said the company intends to create jobs, protect the environment and help local communities in Romania, in response to social and political tension sparked by its bid to drill for shale gas in several blocks in the Eastern European country. citeşte tot
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Danone Romania Appoints New General Manager
Dairy maker processor Danone Romania on Monday announced the appointment of Dieter Schulz as general manager, starting April 1, replacing Stephan Batoux. citeşte tot
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Romania’s Fiscal Adjustment Could Have Been More Gradual – IMF Report
The fiscal adjustment in Romania, which entailed a 25% cut in public sector wages, lower social contributions and a higher value added tax, could have been more gradual, with a lighter impact on the economy, especially since the government debt is low, notes an International Monetary Fund report. citeşte tot
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Analysts See Romania’s Central Bank Cutting Key Rate To 5% In May
The central bank is expected to lower the key monetary policy rate by another 25 basis points in May, to 5%, but it is unlikely to go below this point, according to analyst estimations. citeşte tot
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Romania’s Public Sector Pay Hikes Won’t Hurt If Budget Targets Are Met - Ctrl Bk
The restoration of public sector wages in Romania could lead to a gradual restoration of internal demand and it should not cause too much stir if budget targets agreed with the International Monetary Fund are met, central bank governor Mugur Isarescu said Thursday. citeşte tot
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Romania Jan-Feb Insolvencies Down 10% On Year, To 2,600
The number of Romanian companies going insolvent in the first two months of the year narrowed by 10% compared to the same interval of 2011, to 2.608, with firms in retail and construction taking the brunt of the stats, according to the local trade registry. citeşte tot
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Romania’s Government OKs Chevron For Shale Gas Drilling
Romania’s government approved the exploration and drilling agreements concluded between local mineral resources agency ANRM and US oil group Chevron for three Black Sea blocks. citeşte tot
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Romania To Start Floating Electrica Units
Romanian authorities decided the start of procedures to list 15% stakes in electricity distributors Electrica Distributie Transilvania Sud, Electrica Distributie Transilvania Nord and Electrica Distributie Muntenia Nord, government spokesman Dan Suciu said Tuesday. citeşte tot
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Romanian Winemaker Murfatlar Goes Insolvent
Murfatlar Romania, one of the top local winemakers, is officially insolvent after the Constanta Court (SE Romania) approved its claim to this end. citeşte tot
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Romanians Bought 1.7 Billion Liters Of Beer In 2011
Beer sales cumulated some 17 million hectoliters last year in Romania, the same as in 2010, according to data presented Wednesday in a news conference by beer maker association Berarii Romaniei. citeşte tot
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Romania Radicalizes Stance On “Wise Guy” Deals In Energy
Authorities will terminate the bilateral contracts concluded by Romanian state-owned hydropower producer Hidroelectrica with the so-called “wise guys”, if the energy buyers refuse new terms, Economy Ministry Lucian Bode said Tuesday. citeşte tot
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Romanian Government Retains Right To Block High Pricing For Energy
The Romanian government has reserved the right to limit and even block an “excessive” growth of electricity prices, for an extendable interval of up to six months, through setting a price ceiling or limiting revenue from regulated activity. citeşte tot
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Romanian Rafo Seeks EUR70M Loans For Upgrades
Romanian refinery Rafo Onesti (RAF.RO) seeks to borrow EUR60 million from external creditors and EUR10 million from its majority shareholder, Petrochemical Holding Austria, in an installation upgrade project. citeşte tot
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South African Metair Buys Rombat For EUR43M
South African car parts maker Metair Investments on Thursday announced it has bought Romanian battery maker Rombat Bistrita for some EUR43 million. citeşte tot
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Romanian Transelectrica To Cover Network Losses Through OPCOM Deals
Romanian state-owned power grid operator Transelectrica (TEL.RO) on Monday announced it will no longer buy electricity at regulated prices when covering network losses, and it will turn to the OPCOM energy bourse, as requested by the International Monetary Fund, or IMF, sources told MEDIAFAX. citeşte tot
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Transelectrica SPO To Be Launched Next Week - Sources
The secondary public offering whereby authorities are planning to sell a 15% stake in power grid operator Transelectrica (TEL.RO) will have a minimum price and a maximum one, and it will be launched next week, people close to the matter told MEDIAFAX. citeşte tot
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Analysts: Romania’s Economy To Shrink In 1Q, Recovery Expected In 2Q
Financial analysts and stock brokers believe Romania’s economy will contract in the first quarter of the year, as Europe faces an economic slowdown and the bad weather last month took a toll on local companies, but recovery is on the table for the second quarter. citeşte tot
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Enel Not Keen To Buy Shares In Fondul Proprietatea Purge
Italian utilities group Enel is not interested in buying the shares owned by investment fund Fondul Proprietatea (FP.RO) in Enel's Romanian subsidiaries, the group’s chief executive officer Fulvio Conti said Thursday. citeşte tot
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Romania’s PM Meets Chevron Officials For Gas Drilling Talks
Romanian Prime Minister Mihai Razvan Ungureanu on Tuesday met with representatives of oil group Chevron, for talks on the group’s intention to start drilling for unconventional gas in the Eastern European country, people close to the matter told MEDIAFAX. citeşte tot
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Romanian Petrom To Get Boost From Brent Oil Price Hikes - Erste
The average price of Brent oil will rise to $123 per barrel this year, compared to $111 per barrel last year, which is good news for oil companies such as OMV Petrom (SNP.RO), an Erste Group Bank (EBS.RO) analysis showed Monday. citeşte tot
