Articolele autorului Andrei Cîrchelan
-
Romanian Romtelecom To Float Stock Within 12 Months
Romanian 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. citeşte tot
-
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 direct negotiation. citeşte tot
-
Romania May Overdue Forex Loans Up 4.7% To RON10.1B
Romanian 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. citeşte tot
-
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 same criteria, according to a news release issued Wednesday by EU statistics office Eurostat. citeşte tot
-
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. citeşte tot
-
Romanian 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. citeşte tot
-
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 data. citeşte tot
-
A Change Monetary Policy 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 the International Monetary Fund’s delegation to Romania. citeşte tot
-
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 Jeffery Franks, head of the International Monetary Fund’s delegation to Romania. citeşte tot
-
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 what the impact will be, said Jeffrey Franks, the head of the IMF delegation to Romania. citeşte tot
-
Romania May Private Lending Up 1.5% On Month To RON207.6B
Romanian 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. citeşte tot
-
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 MEDIAFAX Tuesday. citeşte tot
-
Romanian Nuclearelectrica To Spend EUR50M On Stress Tests
Romanian 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 Budulan. citeşte tot
-
Romanian Managers Expect Growth On All Sectors In Jun-Aug
Romanian 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. citeşte tot
-
Romanian Termoelectrica To Lay Off 300 Employees
State-owned thermal power producer Termoelectrica will lay off 300 employees from two branches, under a restructuring plan approved by shareholders on June 16. citeşte tot
-
Romanian Companies To Pay 10% More For Natural Gas Come Jul 1
The price of natural gas paid by Romanian households and thermal power producers will remain unchanged until July 1, 2012, but industrial consumers will pay 10% more starting July 1, 2011, Friday said energy regulator ANRE. citeşte tot
-
Sterling Resources Plans To Invest $500M In Black Sea Blocks
Canadian Sterling Resources needs to invest some $500 million in its Midia and Pelican blocks in the Romanian shelf of the Black Sea, and the money can be obtained without any problems, Sterling Romania's general manager Mark Beacom said Thursday. citeşte tot
-
Doctors Launch EUR13M Private Hospital In Bucharest
Several doctors launched Monday the private healthcare unit Delta Hospital, with an investment of EUR13 million. citeşte tot
-
Romanian Property Transactions Reached EUR243M In 1H
The value of real estate transactions concluded in the first half of this year in Romania overshot the EUR232 million seen in the same interval of 2010, considering the recently announced deal between Immofinanz and Adama, realty consultants Cushman&Wakefield said Tuesday. citeşte tot
-
RCS&RDS Turns To Loss In 2010, From RON211.83M Profit In 2009
Romanian telecom operator RCS&RDS switched to an undisclosed loss in 2010, after posting a net profit of 211.83 million lei (EUR50.33 million) in 2009, according to financial reports approved by shareholders in May. citeşte tot
-
Romanian Gas Price Unchanged For Households By March 2012, Industrial Consumers To Pay 30% More
The price of natural gas delivered to households will remain unchanged until March 2012, while prices for some of the industrial consumers will grow by up to 30%, people close to the matter told MEDIAFAX. citeşte tot
-
Romanian State-Owned Power Companies To Lay Off 1,500 People
Six Romanian state-owned energy firms will lay off a total 1,480 employees this year, or 5% of their overall staff, in a bid to boost efficiency, according to a draft government decision of the Economy Ministry, the companies' major shareholder. citeşte tot
-
PwC: Romania Needs Private Investors To Upgrade Public Heating System
The Romanian district heating system needs EUR5 billion investment over the next 10 years in order to increase its efficiency, but local authorities cannot cover this amount, which means private investors are needed, according to a report issued by PricewaterhouseCoopers report. citeşte tot
-
Most Romanians Fear Bankruptcy When They Think Of Starting A Business
Romanians who would like to start a business are mainly discouraged by the fear of bankruptcy, revenue fluctuations and loss of property, according to report published Thursday by the European Commission. citeşte tot
-
Romania’s Private Healthcare Market Seen Up 15% In 2011, To EUR500M
Romania’s private medical services market might grow by 15% this year, to some EUR500 million, as patients move from public to private healthcare systems, according to Regina Maria - Reteaua privata de sanatate. citeşte tot
