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Ecaterina Craciun

Fields
Companies, Banks-Insurance, Real Estate
Writing for ZF since
2012
Articles
19.828
Energy

Electromagnetica 1H Turnover Down 13% To RON213.3M, Net Profit Up 11%

Romanian electric and electronic equipment maker Electromagnetica București (ELMA.RO) on Monday reported a 13% decline in turnover to 213.3 million lei (EUR48.6 million) and an 11% increase...

Ecaterina Craciun · 13.08.2012 · 10:00 · 1 min
Banks-Insurance

ING Asigurari de Viata 1H Underwritten Premiums Down 1.1% To RON270M

Romanian life insurer ING Asigurari de Viata reported underwritten premiums of 269.7 million lei (EUR59.4 million) in the first half of 2012, down 1.1% from RON272.7 million in the same peri...

Ecaterina Craciun · 09.08.2012 · 16:17 · 1 min
Romania Expects Lower State Budget Revenues In 2012
Macroeconomics

Romania Expects Lower State Budget Revenues In 2012

Romania’s Government expects revenues to the state budget to decrease by more than 2.1 billion lei (EUR462 million) in 2012, namely 0.4% of the gross domestic product, according to a draft o...

Ecaterina Craciun · 09.08.2012 · 12:29 · 2 min
Social/Politics

Government Derogates From Fiscal Responsibility Law To Raise Staff Expenses

Romania’s Government will derogate from the fiscal responsibility law to raise staff expenses, following an increase in public sector salaries, according to a draft of this year’s first budg...

Ecaterina Craciun · 09.08.2012 · 11:07 · 1 min
Social/Politics

Agriculture Ministry Plans To Grant Aid Of EUR7,500/Farm, Increase Payments Per Hectare

Romania’s Agriculture Ministry plans to counter the effects of drought by granting de minimis aid of EUR7,500 for each farm, increasing payments per hectare from EUR132 to EUR170-180 and cut...

Ecaterina Craciun · 08.08.2012 · 16:46 · 1 min
Banks-Insurance

Generali Romania 1H Underwritten Premiums Down 2.3% To RON259.5M

Insurer Generali Romania underwrote gross premiums of 259.5 million lei (EUR57.2 million) in the first half of 2012, down 2.3% on the year, on the backdrop of a 2.9% decline in sales of gene...

Ecaterina Craciun · 08.08.2012 · 14:16 · 1 min
BauMax Romania To Have New GM Starting September 1, 2012
Retail&Consumer

BauMax Romania To Have New GM Starting September 1, 2012

The operations in Romania of Austrian building materials retailer bauMax will be run, starting September 1, 2012, by Peter Eszényi, former director of expansion on the Romanian market for re...

Ecaterina Craciun · 06.08.2012 · 17:12 · 1 min
Home Prices In Romania’s Largest Cities Hit New Record-Lows In July
Real Estate

Home Prices In Romania’s Largest Cities Hit New Record-Lows In July

The average price of homes up for sale in Romania's capital city Bucharest and in five other large cities in Romania went down by 1.2% on the month in July 2012, which translates into the bi...

Ecaterina Craciun · 06.08.2012 · 14:05 · 2 min
Constitutional Court Asks For Permanent Voter Lists Before Ruling On Impeachment Referendum
Social/Politics

Constitutional Court Asks For Permanent Voter Lists Before Ruling On Impeachment Referendum

Romania’s Constitutional Court on Monday said it sent a new letter to the government asking it to provide the updated permanent voter lists that were used to organize the referendum to impea...

Ecaterina Craciun · 06.08.2012 · 11:46 · 1 min
Extreme Heat Expected In Romania Monday And Tuesday
Social/Politics

Extreme Heat Expected In Romania Monday And Tuesday

Romanian meteorologists have issued an orange code warning expecting temperatures of up to 42 degrees Celsius in capital city Bucharest and 22 counties in eastern and southern Romania Monday...

Ecaterina Craciun · 06.08.2012 · 10:06 · 1 min
Banks-Insurance

Allianz’s 1H Underwritten Premiums In Romania Down 4.5% To EUR105M

The volume of insurance premiums underwritten by German group Allianz in Romania fell 4.5% to EUR105 million in the first half of 2012, compared with EUR110 million in the year-earlier perio...

Ecaterina Craciun · 03.08.2012 · 16:14 · 2 min
UPC Romania 1H Dollar Revenue Down Nearly 10% To $66M, Slightly Up In Lei
Technology &Telecoms

UPC Romania 1H Dollar Revenue Down Nearly 10% To $66M, Slightly Up In Lei

Revenue of cable operator UPC Romania fell 9.7% to $66 million in the first half of 2012, compared with $73.1 million in the same period in 2011, but, computed in Romanian lei, the company’s...

Ecaterina Craciun · 03.08.2012 · 12:07 · 2 min