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Ecaterina Craciun
- Fields
- Companies, Banks-Insurance, Real Estate
- Writing for ZF since
- 2012
- Articles
- 19.828
Trade Registry: 23,543 Firms In Romania Went Insolvent In January-0ctober
Romania’s Trade Registry Monday said the number of firms defaulting on their debts in October doubled compared to September and the number of insolvencies reached 23,543 in the first ten mon...
PlantExtrakt Reintroduces In Its Portfolio 12 Brands Sold To Labormed In 2009
Cluj-based company Laboratoarele PlantExtrakt, which produces homeopathic medicines and herbal remedies, has reintroduced in its portfolio the 12 brands it had sold to Romanian drug producer...
Baxi Romania Enters Insolvency
Thermal systems supplier Baxi Romania, part of Dutch-registered group BDR Thermea, has entered insolvency after the Ilfov Court approved its request early November.
OMV Wants To Turn Romania Into Gas Exporting Country
Austrian group OMV, majority shareholder of Romanian leading oil and gas company OMV Petrom (SNP.RO), wants to turn Romania from importer into exporter of natural gas, said OMV head Gerhard...
Leu Inches Higher Vs Euro In Quiet Trade
The Romanian leu traded near 4.45 to the euro in early action Friday, in a quiet market, dealers said.
BearingPoint: Romania’s Car Industry Potential Higher Than In Other CEE Countries
Romania’s auto industry has higher potential compared to other states in Central and Eastern Europe (CEE) and its future growth will generate both risks and opportunities for the economies o...
Consultant: Romania’s Economic Growth Is Key To Reduce Used Car Imports
The solution to renew Romania’s car park and lower use car imports is to boost the income of potential buyers, instead of taking further regulatory measures, Stefan Penthin, partner at consu...
RCA Premiums Higher In First 9 Months, Mainly Due To Increased Tariffs
Premiums underwritten on the segment of mandatory car insurance policies (RCA) rose 16% to 1.756 billion lei (EUR0.3 billion) in the first nine months of 2013, largely due to higher tariffs...
Israel’s Tagor Starts Its Third Residential Project In Romania
Israeli-owned real estate developer Tagor will start the construction of a residential compound in Timisoara (western Romania), its third project on the local market.
Brassai, Ford: Romanian Auto Sales To Reach 320,000 Units In 2013
Romanian auto sales will reach 320,000 units in 2013, of which 70,000 new cars and 250,000 used cars, Zoltan Brassai, general manager of Ford Romania, said Thursday.
Garanti Group Romania Extends Rental Contract In Bucharest’s Novo Park
Garanti Group Romania has extended by five years its rental contract in Bucharest’s office compound Novo Park, which hosts the group’s headquarters.
Leu Dips Vs Euro In Early Trade
The Romanian leu retreated slightly against the euro in early action Thursday, amid weak liquidity.