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Ecaterina Craciun
- Fields
- Companies, Banks-Insurance, Real Estate
- Writing for ZF since
- 2012
- Articles
- 19.828
Iaciu Says Impact Developer Will Return To Residential Projects And Profit
Romanian real estate developer Impact Developer&Contractor (IMP.RO) will return to residential projects and will post profit next year, company owner Gheorghe Iaciu told ZF about his plans t...
Government Says Won’t Hire Foreign Consulting Firm To Draw Up New Public Sector Wage Bill
The Romanian Government has rejected the Labor Ministry’s proposition to hire an international consulting firm in view of drafting the new bill regulating public sector wages in 2014, accord...
Romania’s New Public Sector Wage Law To Also Consider Employee Job Performance
Romania’s public sector wages will include both a fixed amount and a variable sum based on employee job performance and the new system will be regulated through a new bill regarding public w...
Metrorex Awards EUR15.5M Contract For Additional Works At Fifth Subway Mainline
Bucharest subway operator Metrorex has awarded a contract of 69 million lei (EUR15.5 million), net of VAT, to consortium Astaldi - FCC - Delta ACM - AB Construct for additional works on a se...
CFR Wants To Modernize Targu Mures Railway Station For Some EUR10M
Romania’s state-owned railway administrator CFR wants to award a contract estimated at 45.2 million lei (EUR10.2 million), net of VAT, for modernization works at the railway station in Targu...
OPSPI Selects Liquidators For CNH And Termoelectrica
Romania’s state assets privatization office OPSPI has selected the liquidators of bankrupt coal mining company Compania Nationala a Huilei (CNH) and power producer Termoelectrica, both contr...
Porumboiu To Build Grain Silos Of 50,000 Tons
Farming and food industry group Racova, owned by businessman Adrian Porumboiu, will start building several silos with a total capacity of 50,000 tons, close to its farms in northeastern regi...
Largest Romanian-Held Companies Posted RON17B Revenues In 2012
The ten largest companies owned by Romanian entrepreneurs reported revenues of 17 billion lei (EUR3.8 billion) last year, up 7% from 2011 and up 20% from 2010.
Dairy Industry Left Without 100 Plants And 4,000 Employees In 5 Years
Over 100 dairy and cheese plants were closed between 2008 and 2012, while the number of major plants with over 250 employees was reduced to eight (from 14 in 2008), according to a ZF analysi...
Romcab Seeks RON20M Loan From EximBank
Romanian cable maker Romcab Targu-Mures (MCAB.RO) plans to contract a loan of 20 million lei (EUR4.5 million) from state-run lender EximBank, which will be used to finance several contracts...
Bucharest Airport Company Allowed To Hire 35 New Employees, Increase Wage Costs
The Bucharest National Airport Company (CNAB) has received the Romanian government’s approval to hire 35 new people and increase its employee expenses by more than 5.3 million lei (EUR1.2 mi...
Cosmote Romania To Contract EUR225M Syndicated Loan
Cosmote Romania, the third largest telecom operator on the local market, plans to contract a EUR225 million syndicated loan from the European Bank for Reconstruction and Development (EBRD) a...