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Ecaterina Craciun

Fields
Companies, Banks-Insurance, Real Estate
Writing for ZF since
2012
Articles
19.828
Romanian Leu Slumps To All-Time Low At 5.0378 Versus Euro Amid Political Turmoil
Banks-Insurance

Romanian Leu Slumps To All-Time Low At 5.0378 Versus Euro Amid Political Turmoil

The Romanian leu has dropped to an all-time low against the euro on Tuesday (May 6), as the central bank's reference rate stood at RON5.0378 lei per euro against the backdrop of political in...

Ecaterina Craciun · 06.05.2025 · 14:09 · 1 min
Romania’s PM Resigns After Ruling Coalition's Candidate Was Eliminated In First Round Of Presidential Vote
Social/Politics

Romania’s PM Resigns After Ruling Coalition's Candidate Was Eliminated In First Round Of Presidential Vote

Romanian Prime Minister Marcel Ciolacu has announced his resignation after the ruling coalition’s pro-EU presidential candidate, Crin Antonescu, failed to reach the presidential election run...

Ecaterina Craciun · 06.05.2025 · 13:32 · 1 min
Romania Rejects All Bids For April 2029 Bonds
Banks-Insurance

Romania Rejects All Bids For April 2029 Bonds

Romania's finance ministry on Monday (May 5) rejected all bids for government bonds maturing in April 2029, as it deemed the bid price unacceptable, central bank data showed.

Ecaterina Craciun · 05.05.2025 · 18:30 · 1 min
Austria's Erste Group, The Owner Of BCR, Acquires 49% Stake In Santander Bank Polska Group For Nearly EUR6.8B
Banks-Insurance

Austria's Erste Group, The Owner Of BCR, Acquires 49% Stake In Santander Bank Polska Group For Nearly EUR6.8B

Erste Group, which owns Romanian lender Banca Comerciala Romana (BCR), has announced on May 5 that it has entered into an agreement with Banco Santander to acquire a 49% stake in Santander B...

Ecaterina Craciun · 05.05.2025 · 18:23 · 1 min
Private Pension Fund Metropolitan Life Surpasses 5% Ownership Threshold In Sphera Group
Companies

Private Pension Fund Metropolitan Life Surpasses 5% Ownership Threshold In Sphera Group

Private pension fund Metropolitan Life, with assets of RON22 billion invested on behalf of 1.1 million Romanian employees, has exceeded the 5% holding threshold in Sphera Franchise Group (st...

Ecaterina Craciun · 05.05.2025 · 16:59 · 1 min
Garanti BBVA's New Clients To Access Banking Products And Services Directly From Mobile Banking Application
Banks-Insurance

Garanti BBVA's New Clients To Access Banking Products And Services Directly From Mobile Banking Application

Garanti BBVA has introduced an option that enables new individual customers to access banking products and services 100% online, directly from the Mobile Banking application.

Ecaterina Craciun · 05.05.2025 · 15:10 · 1 min
Dentons Advised Sousol Holdings On Sale Of 54 MW Wind Project In Romania To Engie Romania
Energy

Dentons Advised Sousol Holdings On Sale Of 54 MW Wind Project In Romania To Engie Romania

Law firm Dentons has advised Sousol Holdings Ltd. on the sale of a 54 MW ready-to-build wind project in Romania to Engie Romania.

Ecaterina Craciun · 05.05.2025 · 14:59 · 1 min
Statistical Office: New Passenger Vehicle Registrations In Romania Up 11.3% YoY In Q1/2025
Macroeconomics

Statistical Office: New Passenger Vehicle Registrations In Romania Up 11.3% YoY In Q1/2025

New registrations of road vehicles for passenger transport increased by 11.3% in the first quarter of 2025 compared to the first quarter of 2024, data from the country’s statistical office I...

Ecaterina Craciun · 05.05.2025 · 12:58 · 1 min
Statistical Office: Romania Unemployment Rate Edges Lower To 5.5% Month-On-Month In March 2025
Macroeconomics

Statistical Office: Romania Unemployment Rate Edges Lower To 5.5% Month-On-Month In March 2025

Romania’s unemployment rate stood at 5.5% in March 2025, lower by 0.1 percentage points than the 5.6% rate recorded in February 2025, data from the country’s statistical office INS show on M...

Ecaterina Craciun · 05.05.2025 · 12:39 · 1 min
Romania Forex Reserves Grow To EUR62.4B In April 2025
Banks-Insurance

Romania Forex Reserves Grow To EUR62.4B In April 2025

Romania's foreign exchange reserves stood at EUR62.4 billion at the end of April 2025, higher by EUR421 million than the EUR61.9 billion level reported on March 31, 2025, Romania’s central b...

Ecaterina Craciun · 02.05.2025 · 14:19 · 1 min
Digi Communications Calls Shareholders To Vote On Distribution Of Gross Dividend Of RON1.35/Share
Companies

Digi Communications Calls Shareholders To Vote On Distribution Of Gross Dividend Of RON1.35/Share

The Board of Directors of telecom operator Digi Communications (stock symbol: DIGI) has called shareholders for a general meeting on June 18, 2025 to vote, among others, on the distribution...

Ecaterina Craciun · 02.05.2025 · 13:59 · 1 min
JT Grup Oil's 2024 Net Profit Surges 79% YoY To RON10.3M
Companies

JT Grup Oil's 2024 Net Profit Surges 79% YoY To RON10.3M

Fuel wholesaler JT Grup Oil, listed at the Bucharest Stock Exchange, ended 2024 with a turnover of RON229 million, up 2.4% year-over-year, backed by an increase in sales volumes and the cons...

Ecaterina Craciun · 30.04.2025 · 20:17 · 2 min