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Ecaterina Craciun

Fields
Companies, Banks-Insurance, Real Estate
Writing for ZF since
2012
Articles
19.828
Bucharest Stocks Open In Red In Quiet Trade
Capital Market

Bucharest Stocks Open In Red In Quiet Trade

The Bucharest stock exchange opened down Friday morning, with investors showing little interest in trading.

Ecaterina Craciun · 11.04.2014 · 11:17 · 1 min
Leu Trades Slightly Above 4.46 Units Vs Euro In Early Session
Capital Market

Leu Trades Slightly Above 4.46 Units Vs Euro In Early Session

Romania’s leu traded slightly above 4.46 units against the euro in early session Friday, amid a quiet market, with low transferred volumes.

Ecaterina Craciun · 11.04.2014 · 10:59 · 1 min
Romania Ranks Second In CEE By Insolvency Rate Among Active Businesses
Companies

Romania Ranks Second In CEE By Insolvency Rate Among Active Businesses

Romania registered in 2013 the second highest insolvency rate, of 6.44%, among active businesses in Central and Eastern Europe (CEE), according to rating agency Coface.

Ecaterina Craciun · 10.04.2014 · 17:39 · 1 min
Daedalus Group: 1.5 Mln Smartphones And 400,000 Tablets Sold In Romania In 2013
Technology &Telecoms · ZF MOBILIO '14

Daedalus Group: 1.5 Mln Smartphones And 400,000 Tablets Sold In Romania In 2013

A total 1.5 million smartphones and 400,000 tablets were sold in Romania in 2013, Daedalus Group head Daniel Enescu said Wednesday at ZF Mobilio '14 conference organized by Ziarul Financiar.

Ecaterina Craciun · 10.04.2014 · 16:19 · 1 min
Artego Expects 5% Higher Revenue, 42% Lower Profit In 2014
Energy

Artego Expects 5% Higher Revenue, 42% Lower Profit In 2014

Romanian conveyor belt maker Artego Targu Jiu (ARTE.RO) expects its revenues to go up 5% to 185 million lei (EUR41.4 million) and its net profit to drop 42% to RON3 million in 2014, accordin...

Ecaterina Craciun · 10.04.2014 · 14:15 · 1 min
VIG’s 2013 Loss In Romania Double On Year At EUR98.7M
Banks-Insurance

VIG’s 2013 Loss In Romania Double On Year At EUR98.7M

Austria’s Vienna Insurance Group Thursday said its loss before tax in Romania doubled to EUR98.7 million in 2013, from EUR44.9 million registered in 2012, after the group took "preventive me...

Ecaterina Craciun · 10.04.2014 · 13:01 · 1 min
Carrefour’s 1Q Revenue Down 3.7% To EUR19.8B; Sales In Romania See Organic Growth
Retail&Consumer

Carrefour’s 1Q Revenue Down 3.7% To EUR19.8B; Sales In Romania See Organic Growth

French retailer Carrefour Thursday said its revenues fell 3.7% on the year to EUR19.8 billion in the first quarter of 2014, but its sales rose, on organic basis, in France, Spain, Belgium an...

Ecaterina Craciun · 10.04.2014 · 12:07 · 1 min
Bucharest Stocks Open In Green, On Low Traded Values
Capital Market

Bucharest Stocks Open In Green, On Low Traded Values

The Bucharest stock market opened 0.36% higher Thursday, but its liquidity barely reached 1.2 million lei (EUR290.333).

Ecaterina Craciun · 10.04.2014 · 10:56 · 1 min
Biris, Zonga: Romanians Pay For Mobile Music, But Most Money Comes From Games
Technology &Telecoms · ZF MOBILIO '14

Biris, Zonga: Romanians Pay For Mobile Music, But Most Money Comes From Games

Users in Romania are willing to pay for music but most of the money on the local market comes from games, said Sergiu Biris, founder of Trilulilu and CEO of Zonga.

Ecaterina Craciun · 09.04.2014 · 19:49 · 1 min
Romcab To Supply Products Worth EUR60 To Germany's Klaus Faber
Automotive

Romcab To Supply Products Worth EUR60 To Germany's Klaus Faber

Romanian cable maker Romcab Targu-Mures (MCAB.RO) Wednesday said it will supply products worth around EUR60 million to German company Klaus Faber, between 2014 and 2015.

Ecaterina Craciun · 09.04.2014 · 18:32 · 1 min
Piraeus Bank Romania Opens Second Business Center For SMEs
Banks-Insurance

Piraeus Bank Romania Opens Second Business Center For SMEs

Piraeus Bank Romania Wednesday said it opened a business center in Constanta (southeastern Romania) which will serve small- and medium-sized enterprises (SMEs) operating in this county and i...

Ecaterina Craciun · 09.04.2014 · 17:53 · 1 min
ING Pensii: Private Pension Funds To Invest EUR500M In Public Offerings In 2014-2015
Banks-Insurance

ING Pensii: Private Pension Funds To Invest EUR500M In Public Offerings In 2014-2015

Private pension funds in Romania may invest EUR500 million on the capital market, in new public offerings, between 2014 and 2015, said Raluca Tintoiu, general manager of ING Pensii.

Ecaterina Craciun · 09.04.2014 · 17:17 · 1 min