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Ecaterina Craciun
- Fields
- Companies, Banks-Insurance, Real Estate
- Writing for ZF since
- 2012
- Articles
- 19.828
Romtelecom 2012 Revenue Down 5.4% To EUR619.6M
Romanian telecom operator Romtelecom’s revenue fell 5.4% to EUR619.6 million in 2012, from EUR655.1 million in 2011, mainly due to mobile termination rate (MTR) cuts, Greek group OTE, owner...
Aerostar Bacau Reports Net Profit Of RON15.1M In 2012
Romanian plane construction and repair firm Aerostar Bacau (ARS.RO) on Thursday reported net profit of 15.1 million lei (EUR2.6 million) in 2012, up by almost one third from RON11.6 million...
Electromagnetica 2012 Pretax Profit Up 4.4%, To RON18.4M
Romanian electric and electronic equipment maker Electromagnetica Bucuresti (ELMA.RO) on Thursday said its gross profit rose 4.4% to 18.42 million lei (EUR4.1 million) in 2012, compared to R...
Survey: Over Half Of Romanians Displeased With Co-Payment For Hospital Medical Care
Over half of Romanians disagree with introducing co-payment in the healthcare sector, a system which obliges patients, starting March, to pay a fixed amount up to 10 lei (EUR2.28) depending...
Tiriac: Romania Needs Vision To Help Its Economy In Long Run
The privatization of a state-run company can be done even with one leu, one euro or even by paying an investor, but what counts the most is a company’s profitability and its long-term impact...
Romania Central Banker Explains Why Companies’ Losses Hinder Economic Growth
The losses amassed by companies in Romania hinder the country’s economic growth, according to an analysis by central bank deputy governor Florin Georgescu.
Former SocGen Deputy CEO Tasked With Turning BCR Around
Philippe Citerne, former deputy chief executive officer of Societe Generale, and the experts of US management consulting firm Bain&Co, once run by US presidential candidate Mitt Romney have...
Orange CEO: As Revenues Decline, Company Must Boost Efficiency
Orange improved its financial results every month in 2012 and the upward trend will continue in 2013, but as long as revenues decline, the company needs to find ways to increase efficiency,...
Consumption Revives: Can-Pack Romania To Make One Billion Beer & Soda Cans In 2013
Can-Pack Romania, the local division of Polish Can-Pack Group, will produce one billion cans of beer and soda in 2013, up 25% from the previous year.
Flanco CEO: We Won’t Resume Decline Again, We’ve Bottomed Out
Romanian electronics retailer Flanco will see an increase of at least 20% in revenue this year, even though the local profile market will grow only by 10%, says Flanco chief executive office...
EU Sees Romania’s Unemployment Rate At 6.9% In 2013, At 6.8% In 2014
The European Commission expects Romania’s unemployment rate to reach 6.9% in 2013 and 6.8% in 2014, according to the Commission's winter forecast report unveiled Friday.
Alumil 2012 Sales Down 7.4% On Year, To RON68.5M
Romanian aluminum processor Alumil Rom Industry (ALU.RO) Friday said its sales declined 7.4% to 68.5 million lei (EUR15.4 million) on the year in 2012.