Translator RO-EN
Ecaterina Craciun
- Fields
- Companies, Banks-Insurance, Real Estate
- Writing for ZF since
- 2012
- Articles
- 19.828
Luxury Car Sales In Romania Up Below 10% In 1H To 166 Units
Sales of luxury cars priced above EUR100,000 went up by less than 10% to 166 cars in the first half of 2012, compared with the same period in 2011, according to a ZF analysis based on statis...
Romania Auto Market Sees 16% Decline In 1H, While Luxury Car Sales On The Rise
New car sales in Romania saw a new decline by 16% to 43,000 units in the first half of 2012 and only 16 brands out of 40 posted growth, according to statistics by the Association of Automoti...
Axxess Capital MD: Political Changes In Romania Already Brought A Negative Impact
Horia Manda, managing director of Axxess Capital, the company that manages the Romanian-American Enterprise Fund (RAEF), the Balkan Accession Fund (BAF) and the Emerging Europe Accession Fun...
Romania Readies EUR100M State Aid Package For Local IT Giants
Each company that creates at least 300 new jobs and keeps them for at least five years may receive state aid worth over EUR28 million, according to a draft government decision published on t...
Kenvelo Brings TimeOut Brand Back To Romania, Closes Ten Unprofitable Stores
The Kenvelo Group, which posted around EUR20 million in revenue last year from over 70 Kenvelo, Lee Cooper and Tom Tailor stores, will also develop the American TimeOut brand on the Romanian...
Romania Must Be Promoted As A Safe Travel Destination – Tourism Federation
Romania must be promoted internationally as a safe travel destination where there are no terrorist attacks, Dan Matei Agathon, head of the Romanian Federation of Employers in Tourism, told a...
Romania To Allot RON8.1M For Payments In Projects Funded Via Regional Operational Program
Romania’s Finance Ministry will allocate 8.1 million lei (EUR1.76 million), from amounts obtained by the state from privatizations, to make payments for projects financed via the Regional Op...
Antonescu: Decision On Romania’s Schengen Entry Likely To Be Put Off Again
Romania’s acting President Crin Antonescu said Tuesday on public radio that a decision on Romania’s accession to the border-free Schengen Area is likely to be postponed again, in the context...
JTI Invests EUR25M To Expand Romanian Plant
Cigarette producer Japan Tobacco International (JTI) has invested EUR25 million to expand its plant in Romania’s capital Bucharest.
Romania Could Face Infringement Over Irregularities In Contracts Awarded By Sector 3 City Hall
The European Commission might start infringement procedures against Romania and might impose financial sanctions of tens of millions of euros after it found irregularities in contracts award...
Antonescu Passes Law Requiring 50%+1 Referendum Turnout
Romania’s acting President Crin Antonescu on Tuesday passed a law requiring a turnout of more than 50% for a referendum on impeaching suspended President Traian Basescu.
Software Companies In Romania Say Government Should Also Support Small IT Firms
The EUR100 million state aid scheme prepared by the Romanian Finance Ministry for companies that create 300 new jobs and keep them for five years is welcome, but a program would also be need...