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Ecaterina Craciun

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

Leu Opens Flat Vs Euro In Morning Trade

The Romanian leu traded around 4.45 to the euro Tuesday morning and stayed in a narrow range in early session.

Ecaterina Craciun · 19.11.2013 · 10:58 · 1 min
Romania’s EU Fund Absorption Rate Via Transport Operational Program Tops 20%
Social/Politics

Romania’s EU Fund Absorption Rate Via Transport Operational Program Tops 20%

Romania’s absorption rate of European non-reimbursable funds through the 2007-2013 Transport Sector Operational Program (POS T) has reached 20.7% and the remaining funds can be attracted by...

Ecaterina Craciun · 18.11.2013 · 17:44 · 1 min
Nuclearelectrica Sells Electricity Worth Over EUR10M To Electrica Furnizare
Energy

Nuclearelectrica Sells Electricity Worth Over EUR10M To Electrica Furnizare

Romanian nuclear power company Nuclearelectrica (SNN.RO) last week sold electricity worth 45.4 million lei (EUR10.2 million) to power distributor Electrica Furnizare.

Ecaterina Craciun · 18.11.2013 · 16:43 · 1 min
Flanco To Open Two Stores Thursday Following RON3.6M Investments
Retail&Consumer

Flanco To Open Two Stores Thursday Following RON3.6M Investments

Romanian electronics retailer Flanco on Monday said it will open two stores Thursday, in the cities of Deva and Galati, following total investments of 3.6 million lei (EUR0.8 million).

Ecaterina Craciun · 18.11.2013 · 14:03 · 1 min
PayU Romania Expects Transactions Of EUR40M On Black Friday
Technology &Telecoms

PayU Romania Expects Transactions Of EUR40M On Black Friday

Over 400,000 Romanians will buy products from online retailers during the Black Friday sales campaign due on November 22 and the value of transactions will exceed EUR40 million, according to...

Ecaterina Craciun · 18.11.2013 · 13:24 · 1 min
Romania Relaxes Conditions For Farmland Acquisition By Foreigners
Social/Politics

Romania Relaxes Conditions For Farmland Acquisition By Foreigners

The Romanian Government has decided to eliminate some of the restrictions currently imposed on foreign citizens willing to purchase farmland in Romania starting January 1, 2014.

Ecaterina Craciun · 18.11.2013 · 12:44 · 1 min
Tarom Revenue Up 1% At RON972M, Loss Down 30% At RON83M In First 9 Months
Automotive

Tarom Revenue Up 1% At RON972M, Loss Down 30% At RON83M In First 9 Months

Romanian state-run airline Tarom reported 1% higher revenue at 972 million lei (EUR218.4 million) and 30% lower loss at RON83 million on the year in the first nine months of 2013.

Ecaterina Craciun · 18.11.2013 · 11:39 · 1 min
Leu Inches Higher Vs Euro In Quiet Session
Capital Market

Leu Inches Higher Vs Euro In Quiet Session

The Romanian leu traded near 4.45 to the euro in early action Monday, amid a quiet market, with low transferred volumes, dealers said.

Ecaterina Craciun · 18.11.2013 · 10:56 · 1 min
MOL Romania Sales Volume Up 7% On Year In First 9 Months
Energy

MOL Romania Sales Volume Up 7% On Year In First 9 Months

MOL Romania, the local subsidiary of Hungarian oil group MOL, Friday said its fuel sales rose 7% on the year to 373,000 tons in the first nine months of 2013.

Ecaterina Craciun · 15.11.2013 · 11:49 · 1 min
Leu Gains Vs Euro, Trades Near 4.45 Units
Capital Market

Leu Gains Vs Euro, Trades Near 4.45 Units

The Romanian leu gained ground in early action Friday, trading close to 4.45 against the euro, in line with other currencies in the region, in a quiet market, dealers said.

Ecaterina Craciun · 15.11.2013 · 11:29 · 1 min
Finance Minister: New Royalty Rates On Mineral Resources Applied Only To Future Contracts
Energy

Finance Minister: New Royalty Rates On Mineral Resources Applied Only To Future Contracts

The new royalty rates levied on mineral resources other than natural gas and oil, which will be increased starting 2014, will apply only to future contracts, said Romanian Finance Minister D...

Ecaterina Craciun · 15.11.2013 · 11:10 · 1 min
Romania’s 4.1% GDP Growth In 3Q Surprises Analysts And Businesspeople
Macroeconomics

Romania’s 4.1% GDP Growth In 3Q Surprises Analysts And Businesspeople

Romania’s 4.1% economic growth in the third quarter has taken everybody by surprise, including analysts and businesspeople.

Ecaterina Craciun · 15.11.2013 · 09:59 · 2 min