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Ecaterina Craciun

Fields
Companies, Banks-Insurance, Real Estate
Writing for ZF since
2012
Articles
19.828
ANCOM: Number Of TV Subscribers In Romania Up 5% In 2012, To Over 6Mln
Technology &Telecoms

ANCOM: Number Of TV Subscribers In Romania Up 5% In 2012, To Over 6Mln

The number of television services subscribers in Romania increased 5% in 2012 to 6.03 million, of which nearly two thirds are cable television subscribers, telecom regulator ANCOM said in a...

Ecaterina Craciun · 23.05.2013 · 19:00 · 1 min
FECNE Bucuresti Signs EUR1.8M Contract With Gazprom
Energy

FECNE Bucuresti Signs EUR1.8M Contract With Gazprom

Bucharest-based nuclear component plant FECNE has signed a EUR1.8 million contract with Russia’s natural gas giant Gazprom, which targets the supply of equipment for a gas compressor station...

Ecaterina Craciun · 23.05.2013 · 17:05 · 1 min
Bosch Opens Two New Plants In Romania In 2013, Following EUR120M Investments
Automotive

Bosch Opens Two New Plants In Romania In 2013, Following EUR120M Investments

German company Bosch will open two new production facilities in Romania, in Cluj-Napoca and Blaj, which will engulf up to EUR120 million by the end of the year and will employ 600 people.

Ecaterina Craciun · 23.05.2013 · 15:54 · 1 min
GM: Oltenia Power Holding May Raise EUR100M In Its Planned Initial Stock Offering
Energy

GM: Oltenia Power Holding May Raise EUR100M In Its Planned Initial Stock Offering

Romanian state-run energy holding CE Oltenia is likely to raise over EUR100 million in its planned initial public offering of 12% of its shares, the company’s general manager Laurentiu Ciure...

Ecaterina Craciun · 23.05.2013 · 14:04 · 1 min
Ranking Of Most Exclusive Investment Funds In Romania
Capital Market

Ranking Of Most Exclusive Investment Funds In Romania

One must pay tens and even hundreds of thousands of lei to become investor in a closed-end fund, which puts clients’ savings in real estate, energy projects, financial derivatives or works o...

Ecaterina Craciun · 23.05.2013 · 00:00 · 2 min
Holcim Romania Switches To Loss First Time Since 2000
Companies

Holcim Romania Switches To Loss First Time Since 2000

Cement producer Holcim Romania, the local division of of Swiss group Holcim, has switched to loss for the first time in over a decade, posting a negative result of 37.7 million lei (EUR8.5 m...

Ecaterina Craciun · 23.05.2013 · 00:00 · 1 min
Polisano Targets 15% Higher Revenue In 2013
Health

Polisano Targets 15% Higher Revenue In 2013

Romanian pharmaceutical wholesaler Polisano, controlled by Romanian businessman Ilie Vonica, expects revenue of 1.5 billion lei (EUR343 million) in 2013, up 15% from RON1.33 billion (EUR294...

Ecaterina Craciun · 23.05.2013 · 00:00 · 1 min
Boromir Prod Buzau 1Q Turnover Down 12.4% On Year, To RON24.6M
Capital Market

Boromir Prod Buzau 1Q Turnover Down 12.4% On Year, To RON24.6M

Romanian milling and bakery company Boromir Prod Buzau (SPCU.RO) reported first-quarter turnover of 24.63 million lei (EUR5.6 million), down 12.5% on the year.

Ecaterina Craciun · 22.05.2013 · 20:39 · 1 min
PM: EC Can Choose To Allow EU Countries To Adapt Their Laws For Shale Gas Exploitation&Exploration
Energy

PM: EC Can Choose To Allow EU Countries To Adapt Their Laws For Shale Gas Exploitation&Exploration

The European Commission has the option to allow member states to adapt their laws so as to support the exploration and exploitation of shale gas, while observing environmental standards, Rom...

Ecaterina Craciun · 22.05.2013 · 20:23 · 1 min
Carpatica Asig 1Q Underwritten Premiums Double On Year, To RON125.9M
Banks-Insurance

Carpatica Asig 1Q Underwritten Premiums Double On Year, To RON125.9M

Romanian insurer Carpatica Asig Sibiu said Wednesday it underwrote premiums of 125.9 million lei (EUR28.9 million) in the first quarter of 2013, up 95.4% from the same period in 2012.

Ecaterina Craciun · 22.05.2013 · 19:21 · 1 min
Antibiotice Wants To Increase Share Capital By RON20.66M
Capital Market

Antibiotice Wants To Increase Share Capital By RON20.66M

The managing board of Romanian state-run drugmaker Antibiotice Iasi (ATB.RO) has proposed the company’s shareholders to increase Antibiotice’s share capital by 20.66 million lei (EUR4.75 mil...

Ecaterina Craciun · 22.05.2013 · 18:55 · 1 min
Astra 1Q Underwritten Premiums Up 8.6% On Year, To RON321.1M
Banks-Insurance

Astra 1Q Underwritten Premiums Up 8.6% On Year, To RON321.1M

Romanian insurer Astra underwrote insurance premiums of 321.1 million lei (EUR73.8 million) in the first quarter of 2013, up 8.6% from the same period in 2012.

Ecaterina Craciun · 22.05.2013 · 16:11 · 1 min