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Ecaterina Craciun

Fields
Companies, Banks-Insurance, Real Estate
Writing for ZF since
2012
Articles
19.828
GSK Hopes To Select Buyer For Its Medicines Factory In Brasov By End 1Q/2014
Health

GSK Hopes To Select Buyer For Its Medicines Factory In Brasov By End 1Q/2014

British pharmaceutical group GlaxoSmithKline (GSK) Thursday said it expects to select a buyer for its medicines production line in Brasov, central Romania, by the end of the first quarter in...

Ecaterina Craciun · 12.12.2013 · 12:54 · 1 min
Leu Opens Flat Vs Euro In Quiet Trade
Capital Market

Leu Opens Flat Vs Euro In Quiet Trade

The Romanian leu opened flat against the euro Thursday morning and traded around 4.453 to the euro, amid a quiet market.

Ecaterina Craciun · 12.12.2013 · 11:13 · 1 min
Leu Ends Modestly Lower Vs Euro
Capital Market

Leu Ends Modestly Lower Vs Euro

The Romanian leu weakened slightly against the euro Wednesday and finished the session at 4.452/4.454 to the euro, amid a quiet market.

Ecaterina Craciun · 11.12.2013 · 17:30 · 1 min
Ministry: Costs Of Electricity For Irrigations To Go Down By Up To 30% In 2014
Energy

Ministry: Costs Of Electricity For Irrigations To Go Down By Up To 30% In 2014

The costs of electricity used for irrigations will go down by up to 30% in 2014, because the National Land Reclamation Agency (ANIF) will be able to act as power supplier starting next year,...

Ecaterina Craciun · 11.12.2013 · 11:46 · 1 min
Romania Readies New Gambling Rules
Retail&Consumer

Romania Readies New Gambling Rules

Romania’s National Gambling Office, or ONJN, on Tuesday said it is preparing a new set of regulatory measures in the local gambling sector.

Ecaterina Craciun · 10.12.2013 · 17:49 · 1 min
Carpathian Springs Borrows EUR14M From BRD To Extend Aqua Carpatica Production
Retail&Consumer

Carpathian Springs Borrows EUR14M From BRD To Extend Aqua Carpatica Production

BRD Groupe Société Générale, Romania’s second largest lender by assets, has granted a loan of EUR14 million to Carpathian Springs to finance its current operations and extend the production...

Ecaterina Craciun · 10.12.2013 · 15:26 · 1 min
Office Space Transactions In Bucharest Up 10% In 2013, To Over 250,000 Sqm
Real Estate

Office Space Transactions In Bucharest Up 10% In 2013, To Over 250,000 Sqm

Office space transactions in Bucharest will exceed 250.000 square meters in 2013, up 10% from 2012, and the most active companies operate in the sectors of outsourcing, pharma and IT, accord...

Ecaterina Craciun · 10.12.2013 · 14:00 · 1 min
Bucharest’s West Gate And Novo Park Boast 94% And 99% Occupancy Rates
Real Estate

Bucharest’s West Gate And Novo Park Boast 94% And 99% Occupancy Rates

Bucharest’s business parks West Gate and Novo Park, owned by businessman Liviu Tudor, have reached occupancy rates of 94% and 99%, respectively, after two existing tenants, Société Générale...

Ecaterina Craciun · 10.12.2013 · 13:07 · 1 min
New Apartment Prices In Romania’s Main Cities Fell By Up To 15% In 2013
Real Estate

New Apartment Prices In Romania’s Main Cities Fell By Up To 15% In 2013

The sale prices of new and old apartments in Romania’s main cities have gone down by up to 15% and 6%, respectively, in 2013, according to real estate portal imobiliare.ro.

Ecaterina Craciun · 10.12.2013 · 12:33 · 2 min
Bucharest Stocks Down In Early Trade, Liquidity Secured By Fondul Proprietatea
Capital Market

Bucharest Stocks Down In Early Trade, Liquidity Secured By Fondul Proprietatea

The Bucharest Stock Exchange opened down Tuesday morning, but transfers with the shares of investment fund Fondul Proprietatea (FP.RO) secured nearly half of the bourse’s liquidity.

Ecaterina Craciun · 10.12.2013 · 11:30 · 1 min
Romania Plans To Raise Fuel Excises Only On Gasoline
Macroeconomics

Romania Plans To Raise Fuel Excises Only On Gasoline

Romanian Prime Minister Victor Ponta Monday said the Government plans to raise fuel excises by EUR0.07/liter only on gasoline, starting January 1, 2014.

Ecaterina Craciun · 09.12.2013 · 17:53 · 1 min
CITR: Food Producers, Realtors, Subsidy Beneficiaries Most Prone To Financial Distress In 2014
Companies

CITR: Food Producers, Realtors, Subsidy Beneficiaries Most Prone To Financial Distress In 2014

Companies in the food sector, the beneficiaries of subsidies and the owners of leasable retail, industrial and office spaces are more likely to face financial challenges in 2014, according t...

Ecaterina Craciun · 09.12.2013 · 13:36 · 1 min