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Ecaterina Craciun

Fields
Companies, Banks-Insurance, Real Estate
Writing for ZF since
2012
Articles
19.828
Leu Flat Vs Euro In Early Action
Capital Market

Leu Flat Vs Euro In Early Action

The Romanian leu opened lower in early session Thursday, trading at 4.5 to the euro, after central bank governor Mugur Isarescu said Wednesday evening that the leu should fall after the lowe...

Ecaterina Craciun · 09.01.2014 · 11:37 · 1 min
Analysis

Press Review - January 9, 2014

Romania Unemployment Rate Flat At 7.3% In November 2013 Romania's unemployment rate was stable at 7.3% in November compared with the previous month, but up from 6.7% in the same period of 20...

Ecaterina Craciun · 09.01.2014 · 07:33 · 3 min
Voluntary Pension Funds Posted Average Yield Of 11.33% In 2013
Banks-Insurance

Voluntary Pension Funds Posted Average Yield Of 11.33% In 2013

The average yield of Romania’s voluntary private pension funds (Pillar III) reached a three-year high of 11.33% in 2013, and their total net assets stood at 811 million lei (EUR184 million)...

Ecaterina Craciun · 08.01.2014 · 13:33 · 1 min
Survey: Bucharest Saw Highest Decline In Housing Prices In 2013
Real Estate

Survey: Bucharest Saw Highest Decline In Housing Prices In 2013

Timisoara (western Romania) is the only large city in Romania where the average housing prices increased in 2013, whereas capital city Bucharest saw the highest price decline last year, acco...

Ecaterina Craciun · 08.01.2014 · 13:02 · 2 min
Leu Stays Down Vs Euro, Trades Around 4.5 Units
Capital Market

Leu Stays Down Vs Euro, Trades Around 4.5 Units

The Romanian leu traded around 4.5 against the euro in early action Wednesday, in line with other currencies in the region.

Ecaterina Craciun · 08.01.2014 · 11:21 · 1 min
Analysis

Press Review - January 8, 2014

Labor Ministry Paid EUR6M Social Aid To The Wrong People Romania’s Labor Ministry has incorrectly paid social aid worth EUR6 million, according to the latest report by the Court of Accounts,...

Ecaterina Craciun · 08.01.2014 · 07:16 · 2 min
Trelleborg Automotive Gets EUR5.4M State Aid To Expand Car Part Plant In Dej
Automotive

Trelleborg Automotive Gets EUR5.4M State Aid To Expand Car Part Plant In Dej

Car part producer Trelleborg Automotive has received state aid of EUR5.4 million to expand its plant in Dej (in northwestern county of Cluj).

Ecaterina Craciun · 07.01.2014 · 14:07 · 1 min
Wizz Air Carried 3.2Mln Passengers To And From Romania In 2013
Automotive

Wizz Air Carried 3.2Mln Passengers To And From Romania In 2013

Low-cost airline Wizz Air carried 3.2 million passengers to and from Romania in 2013, up 14% on the year, the company said in a statement Tuesday.

Ecaterina Craciun · 07.01.2014 · 13:04 · 1 min
Leu Opens Flat Vs Euro In Quiet Market
Capital Market

Leu Opens Flat Vs Euro In Quiet Market

The Romanian leu touched an early low at 4.5 units Tuesday morning, but it gained to around 4.495 against the euro, amid a quiet market.

Ecaterina Craciun · 07.01.2014 · 11:12 · 1 min
Analysis

Press Review - January 7, 2014

Romania Increases Pension Point The pension point (an indicator used to calculate pensions) will increase by several percentages, the first labor category was reintroduced through a legislat...

Ecaterina Craciun · 07.01.2014 · 07:23 · 3 min
Mandatory Private Pension Funds Posted Average Yield Of 11.75% In 2013
Banks-Insurance

Mandatory Private Pension Funds Posted Average Yield Of 11.75% In 2013

The average yield of Romania’s mandatory private pension funds (Pillar II) reached a three-year high of 11.75% in 2013, and their total net assets stood at 13.94 billion lei (EUR3.1 billion)...

Ecaterina Craciun · 06.01.2014 · 14:57 · 1 min
GarantiBank Lends EUR4.3M To Softronic Craiova For Electric Train Production
Banks-Insurance

GarantiBank Lends EUR4.3M To Softronic Craiova For Electric Train Production

GarantiBank has granted financing of EUR4.3 million to train maker Softronic Craiova for the production of an electric train.

Ecaterina Craciun · 06.01.2014 · 13:20 · 1 min