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Ecaterina Craciun

Fields
Companies, Banks-Insurance, Real Estate
Writing for ZF since
2012
Articles
19.828
Tomas Spurny’s First Year Activity Report At BCR’s Helm
Banks-Insurance

Tomas Spurny’s First Year Activity Report At BCR’s Helm

Czech Tomas Spurny, who took the helm of Romania’s largest bank BCR in April 2012, has managed to bring the bank back to profit at the end of the first half of 2013.

Ecaterina Craciun · 27.09.2013 · 00:00 · 1 min
FMCG Companies In Romania Run By Foreign Executives During Crisis
Retail&Consumer

FMCG Companies In Romania Run By Foreign Executives During Crisis

The ten largest companies operating in Romania’s fast moving consumer goods (FMCG) industry have appointed foreign executives to run the business during the crisis, except for meat company U...

Ecaterina Craciun · 27.09.2013 · 00:00 · 2 min
EC Sends Four Reasoned Opinions To Romania For Incompliance With EU Legislation
Banks-Insurance

EC Sends Four Reasoned Opinions To Romania For Incompliance With EU Legislation

The European Commission on Thursday sent Romania four reasoned opinions for incompliance with the European legislation on VAT refunding, accounting rules, tax rules on non-residents' employm...

Ecaterina Craciun · 26.09.2013 · 18:18 · 3 min
Biso Romania Wants To Build EUR2M Grain Silos
Companies

Biso Romania Wants To Build EUR2M Grain Silos

Biso Romania, the local division of Austrian agricultural machinery manufacturer Biso Schrattenecker, wants to invest EUR2 million in 2014 for the construction of grain storage facilities.

Ecaterina Craciun · 26.09.2013 · 16:33 · 1 min
EC Opens Infringement Proceedings Against Romania Over Industrial Emissions Legislation
Energy

EC Opens Infringement Proceedings Against Romania Over Industrial Emissions Legislation

The European Commission has opened infringement proceedings against several states, including Romania, for failing to convey information regarding the implementation of the Industrial Emissi...

Ecaterina Craciun · 26.09.2013 · 15:35 · 1 min
Lawyer: Bill Regulating Farmland Purchase By Natural Persons To Block Land Market
Companies

Lawyer: Bill Regulating Farmland Purchase By Natural Persons To Block Land Market

Romania’s new bill regulating transactions with farmland located outside towns will block the local land market, as some of its provisions cannot be applied, and it will turn the country int...

Ecaterina Craciun · 26.09.2013 · 14:52 · 1 min
African Industries Wants To Buy Mechel’s Former Plants In Romania Before Kicking Off EUR200M Investment
Energy

African Industries Wants To Buy Mechel’s Former Plants In Romania Before Kicking Off EUR200M Investment

Indian industrial group African Industries plans to invest EUR200 million in a 500,000-ton steel plant in Oltenita (southern Romania), but first it wants to see the outcome of negotiations f...

Ecaterina Craciun · 26.09.2013 · 00:00 · 4 min
Five Years Of Crisis Led To 35%-40% Increase In Electricity Bills In Romania
Energy

Five Years Of Crisis Led To 35%-40% Increase In Electricity Bills In Romania

The five years of crisis led to an accelerated increase in utility prices, which places Romania again on the top spot in Europe in terms of price hikes, according to Eurostat data.

Ecaterina Craciun · 26.09.2013 · 00:00 · 4 min
Albalact Approves 20% Buyback Program
Capital Market

Albalact Approves 20% Buyback Program

Romanian dairy product maker Albalact (ALBZ.RO) Wednesday approved a buy-back program for a 19.9% stake in the company, valued at 19.4 million lei (EUR4.3 million).

Ecaterina Craciun · 25.09.2013 · 19:13 · 1 min
Romania Oks Signing Of MoU With Portugal For Purchase Of 12 Used F-16 Fighter Jets
Social/Politics

Romania Oks Signing Of MoU With Portugal For Purchase Of 12 Used F-16 Fighter Jets

The Romanian Government approved in its Wednesday meeting the signing of a memorandum of understanding (MoU) with the Portuguese Government for the purchase of 12 used F-16 fighter jets.

Ecaterina Craciun · 25.09.2013 · 17:59 · 1 min
Survey: Most Romanians Can’t Always Cover Their Monthly Expenses From Salary Income
Analysis

Survey: Most Romanians Can’t Always Cover Their Monthly Expenses From Salary Income

Over 85% of Romanians say they can't always manage to cover their monthly living expenses from their salary income and less than half said they manage to do that quite often, according to a...

Ecaterina Craciun · 25.09.2013 · 17:10 · 1 min
Porsche Finance Group Romania Has New CEO
Automotive

Porsche Finance Group Romania Has New CEO

David Gedlicka has been appointed Chief Executive Officer (CEO) of Porsche Finance Group Romania, as of September, the group said in a statement Wednesday.

Ecaterina Craciun · 25.09.2013 · 15:26 · 1 min