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Ecaterina Craciun

Fields
Companies, Banks-Insurance, Real Estate
Writing for ZF since
2012
Articles
19.828
Alro Slatina Names Marian Nastase As New Board Chairman
Energy

Alro Slatina Names Marian Nastase As New Board Chairman

Romanian Alro Slatina (ALR.RO), the largest aluminum smelter in southeast Europe, on Friday appointed Marian Nastase as the new chairman of the Board, and Frank Muller as vice-chairman of th...

Ecaterina Craciun · 07.12.2012 · 18:24 · 1 min
ANRE: Romania Could Export Natural Gas In Second Half Of 2013
Energy

ANRE: Romania Could Export Natural Gas In Second Half Of 2013

Natural gas exports from Romania towards European Union member states will be possible starting with the second half of 2013, the country’s energy regulator ANRE head Nicolae Havrilet told M...

Ecaterina Craciun · 07.12.2012 · 16:59 · 1 min
Energy

Sweden’s Usitall Scraps Investment Projects In Romania

Swedish waste-to-energy developer Usitall on Thursday said it will discard its plans to invest up to EUR600 million in Romania to build waste-based power plants, citing the local authorities...

Ecaterina Craciun · 06.12.2012 · 15:50 · 1 min
Private Pension Funds Posted Yields Of 11.3% And 7.6% In May ‘07/’08 – Nov ‘12
Banks-Insurance

Private Pension Funds Posted Yields Of 11.3% And 7.6% In May ‘07/’08 – Nov ‘12

Romania's mandatory private pension funds (Pillar II) registered an average yield of 11.3% between May 2008 and November 2012, while voluntary private pension funds (Pillar III) registered a...

Ecaterina Craciun · 06.12.2012 · 14:02 · 1 min
Housing Prices In Romania’s Largest Cities Halved Since 2008
Real Estate

Housing Prices In Romania’s Largest Cities Halved Since 2008

Housing prices in Romania’s largest cities have declined by 52% since March 2008, when the real estate market reached its peak, according to an analysis by real estate website imobiliare.ro.

Ecaterina Craciun · 06.12.2012 · 12:19 · 1 min
Bucharest Compound Cortina Residence Auctioned Off Again For EUR7.3M
Real Estate

Bucharest Compound Cortina Residence Auctioned Off Again For EUR7.3M

Bucharest-based real estate compound Cortina Residence, under bankruptcy, will be auctioned off again at a lower price of EUR7.33 million.

Ecaterina Craciun · 06.12.2012 · 11:18 · 1 min
Capital Market

Ductil Buzau 9-Month Net Profit Falls 23.9%, To RON5M

Romanian electrode and welding equipment maker Ductil Buzau (DUCL.RO) Wednesday said its net profit fell 23.9% on the year to 5 million lei (EUR1.1 million) in January to September 2012, dri...

Ecaterina Craciun · 05.12.2012 · 18:00 · 1 min
BCR Asigurari de Viata’s 9-Month Underwritings Up 5% On Year, To RON275.4M
Banks-Insurance

BCR Asigurari de Viata’s 9-Month Underwritings Up 5% On Year, To RON275.4M

Romanian life insurer BCR Asigurari de Viata, part of Austria's Vienna Insurance Group (VIG), on Wednesday reported a 5% increase in underwritten premiums to 275.36 million lei (EUR60.5 mill...

Ecaterina Craciun · 05.12.2012 · 15:48 · 1 min
Armonia Mall Fails To Attract Investors For Sale By Direct Negotiation
Real Estate

Armonia Mall Fails To Attract Investors For Sale By Direct Negotiation

Bankrupt shopping center Armonia, located in Romania's eastern town of Braila, has failed to attract investors for its sale by direct negotiation, prompting creditors to decide on a new capi...

Ecaterina Craciun · 05.12.2012 · 14:25 · 1 min
Romania Plans To Allot 2% Of GDP For R&D Until 2020 – Official
Social/Politics

Romania Plans To Allot 2% Of GDP For R&D Until 2020 – Official

Romania wants to gradually allocate 2% of the gross domestic product until 2020 for its research and development (R&D) sector, in line with the provisions of the Europe 2020 Strategy, Viorel...

Ecaterina Craciun · 05.12.2012 · 13:31 · 1 min
Carrefour Romania Opens 15th Carrefour Express Store Wednesday
Retail&Consumer

Carrefour Romania Opens 15th Carrefour Express Store Wednesday

Carrefour Romania will open its 15th Carrefour Express convenience store Wednesday, in capital city Bucharest, the company said Wednesday.

Ecaterina Craciun · 05.12.2012 · 12:36 · 1 min
Azomures To Be Delisted From Bucharest Bourse Friday
Energy

Azomures To Be Delisted From Bucharest Bourse Friday

Romanian chemical fertilizer maker Azomures (AZO.RO) will be delisted from the Bucharest Stock Exchange on Friday after Swiss grain trader Ameropa Holding AG has completed the procedure to f...

Ecaterina Craciun · 05.12.2012 · 12:27 · 1 min