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Ecaterina Craciun

Fields
Companies, Banks-Insurance, Real Estate
Writing for ZF since
2012
Articles
19.828
Romstrade Logistic Expres Sells Two Saab Aircrafts To Guatemala-Based Firm For $1.1M
Automotive

Romstrade Logistic Expres Sells Two Saab Aircrafts To Guatemala-Based Firm For $1.1M

Romanian insolvent air transport company Romstrade Logistic Expres is selling two Saab 340A aircrafts to a Guatemala-based firm for some $1.1 million, said Rudolf Vizental, managing partner...

Ecaterina Craciun · 25.03.2013 · 13:38 · 1 min
Ecovalor Carries Out RON26.8M EU-Funded Project To Boost Its Waste Processing Capacity
Companies

Ecovalor Carries Out RON26.8M EU-Funded Project To Boost Its Waste Processing Capacity

ecovalor, the waste management division of cement maker Holcim Romania, set in motion a project of 26.8 million lei (EUR6 million) meant to increase its capacity to process solid waste.

Ecaterina Craciun · 25.03.2013 · 12:17 · 1 min
SIFs Plan To Sell Assets Worth Half A Billion Lei In 2013
Capital Market

SIFs Plan To Sell Assets Worth Half A Billion Lei In 2013

Four of Romania’s five regional investment funds SIFs will continue to sell assets in their portfolios this year in order to obtain high profit, according to their draft budgets for 2013.

Ecaterina Craciun · 25.03.2013 · 00:00 · 3 min
Antonescu: Romania’s New Government Has Yet To Take Economic Recovery Measures
Social/Politics

Antonescu: Romania’s New Government Has Yet To Take Economic Recovery Measures

For the first time, a high official of Romania’s ruling coalition admits that businesspeople have every reason to be dissatisfied because the new government has not taken any concrete measur...

Ecaterina Craciun · 25.03.2013 · 00:00 · 1 min
BNR To Pay Its Employees Based On Job Performance Starting 2014
Banks-Insurance

BNR To Pay Its Employees Based On Job Performance Starting 2014

Starting next year, Romania’s central bank will pay each of its over 1,800 employees based on performance appraisals and not on traditional wage grids, in order to create a generation of you...

Ecaterina Craciun · 25.03.2013 · 00:00 · 2 min
Ali Ergun Ergen Steps Down As CEO Of Anchor Grup
Real Estate

Ali Ergun Ergen Steps Down As CEO Of Anchor Grup

Ali Ergun Ergen, the manager who was involved in the development of three shopping malls in Bucharest, last week resigned from the position of Chief Executive Officer of Turkish real estate...

Ecaterina Craciun · 25.03.2013 · 00:00 · 1 min
ArcelorMittal Products Iasi Shareholders To Discuss Company’s Potential Dissolution
Capital Market

ArcelorMittal Products Iasi Shareholders To Discuss Company’s Potential Dissolution

Shareholders of Romanian steel pipes maker ArcelorMittal Tubular Products Iasi (TPRO.RO) will convene on April 24 for talks on dissolving the company.

Ecaterina Craciun · 24.03.2013 · 17:56 · 1 min
FMCG Distributors Diversify Business, Launch Own Brands To Shelter From Economic Storm
Retail&Consumer

FMCG Distributors Diversify Business, Launch Own Brands To Shelter From Economic Storm

Distributors of fast moving consumer goods broker sales of over EUR2 billion annually and cigarette distribution generates the highest business volume.

Ecaterina Craciun · 24.03.2013 · 17:00 · 2 min
Ponta: Romania May Ask Russian Mechel For VAT Refund
Energy

Ponta: Romania May Ask Russian Mechel For VAT Refund

Prime Minister Victor Ponta said the Romanian Government may submit a request for value added tax refund to Russia’s steel giant Mechel and will impose tougher sanctions on private investors...

Ecaterina Craciun · 23.03.2013 · 18:43 · 1 min
Ponta Says One Of Germany’s Largest Carmakers Will Open A Plant In Romania
Automotive

Ponta Says One Of Germany’s Largest Carmakers Will Open A Plant In Romania

Romanian Prime Minister Victor Ponta said one of Germany’s largest carmakers will open a plant in Romania.

Ecaterina Craciun · 23.03.2013 · 16:03 · 1 min
CFR Eyes RON50M Extra Revenue By Capitalizing On Assets, Scrap Metal
Automotive

CFR Eyes RON50M Extra Revenue By Capitalizing On Assets, Scrap Metal

Romania’s state-owned railway company CFR on Friday said it plans to obtain extra revenue of over 50 million lei (EUR11.3 million) this year by capitalizing on its assets and selling scrap m...

Ecaterina Craciun · 22.03.2013 · 12:33 · 1 min
Tarom Starts Voluntary Layoff Program, Wants To Cut Staff By 10% In 2013
Automotive

Tarom Starts Voluntary Layoff Program, Wants To Cut Staff By 10% In 2013

Romania’s state-run airline Tarom on Thursday said it will set off a voluntary layoff program in March, which consists in cutting the company's staff by 10% by the end of 2013.

Ecaterina Craciun · 21.03.2013 · 16:00 · 1 min