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Ecaterina Craciun
- Fields
- Companies, Banks-Insurance, Real Estate
- Writing for ZF since
- 2012
- Articles
- 19.828
Romanian Insurers See No Major Changes On Local Market In 2013, Expect 3%-5% Growth
Romania’s general and life insurance market will see no major changes in 2013 and it is expected to grow by 3% to 5% backed by higher tariffs at mandatory car insurance (RCA) policies and st...
CFR Calatori Wants To Purchase 20,000 Tons Of Diesel Fuel For RON78.4M
Romanian state-owned passenger railway carrier CFR Calatori will organize a new auction on January 31, at the Romanian Commodities Exchange, to purchase 20,000 tons of Euro 5 diesel fuel for...
Dacia's Car Production Down 6% On Year In 2012
Romanian automaker Dacia manufactured a little more than 307,000 cars in 2012 at its plant in Mioveni, southern Romania, down 6% from 2011, the second year of production decline.
Radu, Unicredit: 2013 Will Be Sluggish, With No Signs Of Economic Growth
The year 2013 will be lethargic – liquidity will no longer be a problem for the banking market, but we shall witness a lack of loan demand and it is very difficult to tell where economic gro...
Romania Has Assets Worth RON806B, But They Are Not Efficiently Used
Romania’s total assets reached 806 billion lei (around EUR185 billion) at the end of September 2012, according to data published in the Government’s report regarding the 2013 state budget. T...
Marex Group Plans To Boost Swine Production, Invests EUR8M In Green Power In 2013
Romanian businessman Marin Moraru, general manager of the Braila-based Marex group whose operations target swine farming, meat processing, alcohol and bioethanol production and agriculture,...
Slow Economic Activity, EU Funding Freeze Widen Romania’s 2012 Budget Gap
The freeze on EU funding and the sluggish economic activity widened Romania’s budget gap in 2012, causing the country to miss its budget deficit target agreed with the International Monetary...
Renewable Energy Producers Got EUR310M Worth Of Green Certificates In 2012
Renewable energy producers in Romania collected more than EUR310 million in green certificates in 2012, through the government support scheme, which is three times more than they got in 2010...
Sorin Ovidiu Vintu Stays In Prison After Court Rejects Parole Request
Romanian businessman Sorin Ovidiu Vintu stays in prison after the Bucharest Court rejected Friday his request for parole.
Mediplus Fails To Get RON49.23M Antitrust Fine Scrapped, But Wins Discount
Romanian pharmaceutical wholesaler Mediplus has failed to get its antitrust fine of 49.23 million lei (EUR11.2 million) scrapped, but it has succeeded in getting its payment reduced to RON32...
OTP Leasing Romania Lowers Share Capital To RON26.6M
OTP Leasing Romania has lowered its share capital by 48.7 million lei (EUR11.1 million), to RON26.63 million, by cancelling 4.87 million shares owned by Merkantil Bank Hungary.
Firms Not At Fault For Delayed Works No Longer Allowed To Claim Damages – Draft
Firms in Romania executing public works and delaying the project without their fault will be entitled to ask for price adjustment, only within a certain limit, but will no longer be allowed...