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Ecaterina Craciun

Fields
Companies, Banks-Insurance, Real Estate
Writing for ZF since
2012
Articles
19.828
Enel And ArcelorMittal Abandon Romania’s Cernavoda Nuke Project
Energy

Enel And ArcelorMittal Abandon Romania’s Cernavoda Nuke Project

Italy’s utility Enel and steel maker ArcelorMittal have decided to withdraw from their investment in Romania’s project to build the third and fourth reactors at the nuclear power plant in Ce...

Ecaterina Craciun · 23.12.2013 · 12:12 · 1 min
Bucharest Stock Market Opens In Green, But Interest Stays Low
Capital Market

Bucharest Stock Market Opens In Green, But Interest Stays Low

The Bucharest Stock Exchange opened in green Monday morning, but the traded values were low in the first hour of the session.

Ecaterina Craciun · 23.12.2013 · 11:30 · 1 min
Leu Strengthens In Early Action, Trades Below 4.48 Vs Euro
Capital Market

Leu Strengthens In Early Action, Trades Below 4.48 Vs Euro

The Romanian leu strengthened against the euro and traded below 4.48 units in early session Monday, amid a quiet market, with low transferred volumes.

Ecaterina Craciun · 23.12.2013 · 10:56 · 1 min
Analysis

Press Review - December 23, 2013

Employees In Romania Work An Average 7 Hours And 44 Min/Day During The Week Employees in Romania work an average seven hours and 44 minutes a day during the week, according to the National S...

Ecaterina Craciun · 23.12.2013 · 09:04 · 3 min
Europharm Distributie Expands Depot In Chitila, Closes Brasov Unit End-December
Health

Europharm Distributie Expands Depot In Chitila, Closes Brasov Unit End-December

Romanian pharmaceutical wholesaler Europharm Distributie, owned by UK group GlaxoSmithKline (GSK), has extended its warehouse in Chitila by more than 2,000 square meters to integrate the act...

Ecaterina Craciun · 22.12.2013 · 16:25 · 1 min
Coldwell Banker Expects Home Sales To Boost Its 2013 Turnover By At Least 5%-10%
Real Estate

Coldwell Banker Expects Home Sales To Boost Its 2013 Turnover By At Least 5%-10%

Realty consulting firm Coldwell Banker Affiliates of Romania (CBAR) expects an increase in this year’s turnover by at least 5%-10%, from EUR4.5 million in 2012, backed mainly by its resident...

Ecaterina Craciun · 22.12.2013 · 14:04 · 1 min
Borza: Providing Electricity To Households Will Cause EUR30M Loss To Hidrolectrica
Energy

Borza: Providing Electricity To Households Will Cause EUR30M Loss To Hidrolectrica

The decision of Romania’s energy watchdog ANRE to provide only hydropower and nuclear power to households, starting 2014, will cause loss of EUR30 million to hydropower generator Hidroelectr...

Ecaterina Craciun · 20.12.2013 · 19:31 · 1 min
Hidrolectrica Employees To Get Lower Wages
Energy

Hidrolectrica Employees To Get Lower Wages

Romanian state-run hydropower generator Hidroelectrica Friday concluded a “historic agreement’ with the unionists through which it gained EUR23 million following a cut in certain bonuses and...

Ecaterina Craciun · 20.12.2013 · 19:00 · 1 min
Electrica Reconsiders Building Wind Farms Due To Planned Cut In Renewable Energy Aid
Energy

Electrica Reconsiders Building Wind Farms Due To Planned Cut In Renewable Energy Aid

Romanian state-owned electricity distributor Electrica said it is reconsidering its plan to build two wind parks, as the two projects are expected to engulf EUR100 million following the gove...

Ecaterina Craciun · 20.12.2013 · 16:56 · 1 min
E. On Gaz Distributie’s 2013 Investments Reach Nearly RON175M
Energy

E. On Gaz Distributie’s 2013 Investments Reach Nearly RON175M

E. On Gaz Distributie, a Romanian unit of German utility E.ON, has invested nearly 175 million lei (EUR39.1 million) this year in Romania’s northern region, where it operates.

Ecaterina Craciun · 20.12.2013 · 15:44 · 1 min
Posta Romana Designated Universal Postal Services Provider In 2014-2018
Companies

Posta Romana Designated Universal Postal Services Provider In 2014-2018

Romania’s telecom authority ANCOM has designated state-run postal company Posta Romana, ex-officio, provider of universal postal services between January 1, 2014 and December 31, 2018.

Ecaterina Craciun · 20.12.2013 · 14:59 · 1 min
Insolvent Office Compound Swan To Be Auctioned Off Starting EUR42.7M
Real Estate

Insolvent Office Compound Swan To Be Auctioned Off Starting EUR42.7M

Insolvent office compound Swan Office & Technlology Park located in Pipera-Tunari will be auctioned off at a starting price of EUR42.7 million.

Ecaterina Craciun · 20.12.2013 · 14:58 · 1 min