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Ecaterina Craciun

Fields
Companies, Banks-Insurance, Real Estate
Writing for ZF since
2012
Articles
19.828
Basescu Says Romania Can Get Extra EUR9B At EU Fund Allocation For 2014-2020
Social/Politics

Basescu Says Romania Can Get Extra EUR9B At EU Fund Allocation For 2014-2020

President Traian Basescu said Friday, at the end of the European Council meeting, that upcoming talks in the European Parliament (EP) as regards making European funds more flexible will allo...

Ecaterina Craciun · 15.03.2013 · 18:01 · 1 min
Oltchim’s Deputy GM Takes Over As Company Head
Energy

Oltchim’s Deputy GM Takes Over As Company Head

Mihail Talpasanu, deputy general manager of Romania’s insolvent state-run chemical plant Oltchim Ramnicu-Valcea (OLT.RO), has taken over the attributions of the plant’s former general manage...

Ecaterina Craciun · 15.03.2013 · 13:24 · 1 min
Social/Politics

Romania’s Population Decreased By 4,325 People In January

Romania’s population decreased by 4,325 people in January 2013, when around 18,000 children were born and over 22,000 people died, according to data released Friday by the National Statistic...

Ecaterina Craciun · 15.03.2013 · 12:26 · 1 min
Mega Image Opens Two New Stores In Bucharest
Retail&Consumer

Mega Image Opens Two New Stores In Bucharest

Retailer Mega Image, part of Belgian group Delhaize, will open two Shop&Go stores in capital city Bucharest Friday and Saturday, expanding its national network to 205 units.

Ecaterina Craciun · 14.03.2013 · 16:32 · 1 min
Romania’s Factoring Market Up 12.8% In 2012, To Some EUR3B
Banks-Insurance

Romania’s Factoring Market Up 12.8% In 2012, To Some EUR3B

Romania’s factoring market grew by 12.8% to EUR2.92 billion on the year in 2012, due to a 16% increase in internal factoring operations and a 23.5% advance in import factoring operations, ac...

Ecaterina Craciun · 14.03.2013 · 12:52 · 2 min
VEKA Romania’s 2012 Sales Up 25% On Year To EUR15M
Companies

VEKA Romania’s 2012 Sales Up 25% On Year To EUR15M

VEKA Romania, a unit of German window PVC profile maker VEKA, registered 25% higher sales to EUR15 million on the year in 2012 and estimates a 10% to 12% sales growth in 2013.

Ecaterina Craciun · 14.03.2013 · 11:23 · 1 min
Mihai Turcanu Steps Down As Food Safety Chief Amid Food Scandal
Retail&Consumer

Mihai Turcanu Steps Down As Food Safety Chief Amid Food Scandal

Mihai Turcanu has resigned from the position of president of Romania’s National Sanitary-Veterinary and Food Safety Authority (ANSVSA) following the scandal involving aflatoxin-tainted milk,...

Ecaterina Craciun · 14.03.2013 · 10:48 · 1 min
Militari Shopping Center's 2012 Net Rental Income Down 2% On Year To EUR6.4M
Retail&Consumer

Militari Shopping Center's 2012 Net Rental Income Down 2% On Year To EUR6.4M

Property firm Atrium European Real Estate on Wednesday said its net rental income from retail park Militari Shopping Center in Bucharest declined 2% to EUR6.4 million on the year in 2012, du...

Ecaterina Craciun · 13.03.2013 · 15:27 · 1 min
Competition Council Clears Alimrom’s Store Network Takeover By Profi
Retail&Consumer

Competition Council Clears Alimrom’s Store Network Takeover By Profi

Romania's antitrust watchdog on Wednesday said it has approved the transaction whereby retailer Profi took over the six-store network of Cluj-based company Alimrom Trading.

Ecaterina Craciun · 13.03.2013 · 14:33 · 1 min
Raiffeisen Leasing Romania 2012 Net Profit Up 4.3% To EUR2.4M
Banks-Insurance

Raiffeisen Leasing Romania 2012 Net Profit Up 4.3% To EUR2.4M

Raiffeisen Leasing Romania, a subsidiary of Austrian Raiffeisen Bank International AG, on Wednesday said its net profit rose 4.3% to EUR2.4 million on the year in 2012.

Ecaterina Craciun · 13.03.2013 · 14:06 · 1 min
Omniasig Hikes Share Capital By EUR31M
Banks-Insurance

Omniasig Hikes Share Capital By EUR31M

Romanian insurer Omniasig VIG (former BCR Asigurari) has increased its share capital by RON136.3 million (EUR31 million) to RON386.5 million, through cash inflow.

Ecaterina Craciun · 13.03.2013 · 13:38 · 1 min
Bogdan Stanescu Proposed As Special Administrator Of Romania’s Chemical Plant Oltchim
Energy

Bogdan Stanescu Proposed As Special Administrator Of Romania’s Chemical Plant Oltchim

Romania’s Economy Minister Varujan Vosganian has proposed Bogdan Stanescu as special administrator of insolvent state-run chemical plant Oltchim Ramnicu-Valcea (OLT.RO).

Ecaterina Craciun · 13.03.2013 · 13:10 · 1 min