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Ecaterina Craciun

Fields
Companies, Banks-Insurance, Real Estate
Writing for ZF since
2012
Articles
19.828
Romtelecom 2Q Revenues Down 4.9% On Year, To EUR148.7M
Companies

Romtelecom 2Q Revenues Down 4.9% On Year, To EUR148.7M

Romanian telecom operator Romtelecom reported a 4.9% decline in revenues on the year to EUR148.7 million in the second quarter of 2013, while its EBITDA (earnings before interest, tax, depre...

Ecaterina Craciun · 08.08.2013 · 12:42 · 1 min
Coface: Number Of Insolvent Firms In Romania Down 10% In 1H, To 12,740
Companies

Coface: Number Of Insolvent Firms In Romania Down 10% In 1H, To 12,740

The number of insolvent firms in Romania fell 10% on the year in the first half of 2013, to 12,739, according to rating agency Coface.

Ecaterina Craciun · 08.08.2013 · 12:02 · 1 min
CFR: Poor Rail Infrastructure Results In Train Slowdowns
Automotive

CFR: Poor Rail Infrastructure Results In Train Slowdowns

Passenger and freight trains in Romania currently travel at an average speed of 43 km/h and 21 km/h, respectively, which is lower by nearly 20km/h than the speeds they would reach in the pas...

Ecaterina Craciun · 07.08.2013 · 18:00 · 1 min
Mega Image Takes Over Five Gulliver Stores In Bucharest
Retail&Consumer

Mega Image Takes Over Five Gulliver Stores In Bucharest

Retailer Mega Image, part of Belgian group Delhaize, on Wednesday said it took over five stores in Bucharest of Romanian retail chain Gulliver.

Ecaterina Craciun · 07.08.2013 · 16:57 · 1 min
TMK Artrom Reports RON1.9M Profit In 1H/2013
Companies

TMK Artrom Reports RON1.9M Profit In 1H/2013

Romania’s TMK-Artrom Slatina (ART.RO), controlled by Russian steel pipe maker TMK, registered profit of 1.9 million lei (EUR430,000) in the first half of 2013, way below RON33.9 million repo...

Ecaterina Craciun · 07.08.2013 · 13:53 · 1 min
Kaufland Reached Around 12,000 Employees In Romania In 2012
Retail&Consumer

Kaufland Reached Around 12,000 Employees In Romania In 2012

Kaufland, the largest food retailer on the Romanian market, reached around 12,000 employees in Romania in 2012, according to Trade Registry data centralized by ZF.

Ecaterina Craciun · 07.08.2013 · 13:12 · 1 min
Centrofarm Opens Farma Drive In Bucharest
Health

Centrofarm Opens Farma Drive In Bucharest

Romanian company Centrofarm, which operates 58 drugstores countrywide, opened Farma Drive in capital city Bucharest at the end of July, a new pharmacy concept on the local market.

Ecaterina Craciun · 07.08.2013 · 12:23 · 1 min
Omniasig’s Assets Up 12% In 2012, To RON2.8B
Banks-Insurance

Omniasig’s Assets Up 12% In 2012, To RON2.8B

Romanian insurer Omniasig VIG (former BCR Asigurari) reported a 12% increase in assets in 2012, to 2.8 billion lei (EUR624 million), according to the company’s annual report.

Ecaterina Craciun · 07.08.2013 · 11:07 · 1 min
Laura Baldini Distributor Targets EUR5M Sales In 2013
Retail&Consumer

Laura Baldini Distributor Targets EUR5M Sales In 2013

Logitrade Timisoara, which sells and promotes in Romania the Laura Baldini collection of pantyhose, tights and stockings produced in Italy, estimates to double sales in 2013 to over EUR5 mil...

Ecaterina Craciun · 06.08.2013 · 17:54 · 1 min
Phoenixy Relies On Exports To Boost Sales By 30% In 2013
Retail&Consumer

Phoenixy Relies On Exports To Boost Sales By 30% In 2013

Romanian corn puffs manufacturer Phoenixy estimates a 30% increase in sales this year, to over EUR23 million, from EUR18 million in 2012, on the backdrop of higher exports.

Ecaterina Craciun · 06.08.2013 · 15:32 · 1 min
Posta Romana To Deliver Driving Licenses, Vehicle Registration Certificates For RON32.1M
Companies

Posta Romana To Deliver Driving Licenses, Vehicle Registration Certificates For RON32.1M

Romanian state-run postal company Posta Romana will provide courier services for the delivery of driving licenses and vehicle registration certificates to beneficiaries, over the next four y...

Ecaterina Craciun · 06.08.2013 · 14:32 · 1 min
UCM Resita 1H Turnover Down 61.3% On Year To RON26.4M
Automotive

UCM Resita 1H Turnover Down 61.3% On Year To RON26.4M

Romanian insolvent engine manufacturer UCM Resita (UCM.RO) said Tuesday its turnover fell 61.3% on the year to 26.45 million lei (EUR5.9 million) in the first half of 2013, while its loss ro...

Ecaterina Craciun · 06.08.2013 · 12:08 · 1 min