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Ecaterina Craciun

Fields
Companies, Banks-Insurance, Real Estate
Writing for ZF since
2012
Articles
19.828
Social/Politics

Basescu Passes Law Granting Amnesty To Public Servants Forced To Return Bonuses

Romanian President Traian Basescu on Thursday passed the law granting tax amnesty to around 300,000 public sector employees obliged to give back bonuses received between 2008 and 2010.

Ecaterina Craciun · 14.06.2012 · 14:43 · 1 min
Social/Politics

Local Administration’s Travel Costs Up Over 260% In Past Seven Years

Costs for official travel abroad by mayors, directors and public workers in Romania’s local administration have increased by over 260% in the past seven years, stripping the state budget of...

Ecaterina Craciun · 14.06.2012 · 13:30 · 1 min
Trade Registry: Company Insolvencies Down 20% In Jan-May 2012
Banks-Insurance

Trade Registry: Company Insolvencies Down 20% In Jan-May 2012

Romania's Trade Registry on Wednesday said 7,427 companies filed for insolvency in the first five months of 2012, down by nearly 20% from 9,177 companies in the same period in 2011.

Ecaterina Craciun · 13.06.2012 · 16:57 · 1 min
Number Of Landline Subscribers In Romania Up 4% In 2011 To 4.04Mln
Technology &Telecoms

Number Of Landline Subscribers In Romania Up 4% In 2011 To 4.04Mln

The number of landlines and landline subscribers in Romania rose 4% to 4.69 million and 4.04 million, respectively, in 2011, telecom regulator ANCOM said in a press release Wednesday.

Ecaterina Craciun · 13.06.2012 · 13:36 · 1 min
New Apartment Prices In Bucharest Double Compared To Other Romanian Cities
Real Estate

New Apartment Prices In Bucharest Double Compared To Other Romanian Cities

New apartment prices in capital city Bucharest are, in some cases, even double the prices of new apartments in other big cities in Romania, although Bucharest has seen the highest decline in...

Ecaterina Craciun · 13.06.2012 · 12:02 · 2 min
Social/Politics

Romania No Longer Grants Treatment Vouchers Contracted Via Pension House In 2012

The Romanian Government will no longer grant spa treatment vouchers contracted via the National Pension House in 2012, as per a government emergency decree aimed to cut public spending.

Ecaterina Craciun · 13.06.2012 · 10:43 · 1 min
Banks-Insurance

BCR Asigurari de Viata Plans To Hike Capital By RON11M, To RON33M

The shareholders of Romanian life insurance company BCR Asigurari de Viata will discuss in July the decision to increase the company’s share capital by 11.04 million lei (EUR2.47 million), t...

Ecaterina Craciun · 12.06.2012 · 16:36 · 1 min
Carrefour And Angst Open Three Franchise Stores In Bucharest
Retail&Consumer

Carrefour And Angst Open Three Franchise Stores In Bucharest

Retailer Carrefour Romania and meat product retailer Angst have opened three franchise convenience stores in capital city Bucharest, managing a network of eight units in partnership.

Ecaterina Craciun · 12.06.2012 · 10:39 · 1 min
Social/Politics

Romania’s Population Decreased By 8,130 People In April 2012

Romania’s population has kept its downward trend and decreased by 8,130 people on the month in April 2012, according to data released Monday by the National Statistics Institute (INS).

Ecaterina Craciun · 11.06.2012 · 12:24 · 1 min
Flanco Targets 15% Market Share In 2012, Sees Electro&IT Retail Reaching EUR1.15B
Retail&Consumer

Flanco Targets 15% Market Share In 2012, Sees Electro&IT Retail Reaching EUR1.15B

Romanian electronics retailer Flanco targets to boost its market share to 15% until the end of 2012, compared to 12% in the first quarter, and estimates the electro-IT market will increase s...

Ecaterina Craciun · 11.06.2012 · 11:26 · 1 min
Government Sets Up Committee For In-Depth Financial Evaluation Of Hidroelectrica
Energy

Government Sets Up Committee For In-Depth Financial Evaluation Of Hidroelectrica

Romania’s Government has set up a committee tasked with evaluating the economic and financial status of state-run hydropower generator Hidroelectrica.

Ecaterina Craciun · 08.06.2012 · 11:05 · 1 min
Arval Romania Eyes 32% Higher Turnover In 2012 Vs. EUR23.2M In 2011
Automotive

Arval Romania Eyes 32% Higher Turnover In 2012 Vs. EUR23.2M In 2011

Operating leasing company Arval Romania, part of French financial group BNP Paribas, targets a 32% increase in this year’s turnover compared to a 9.5% increase in last year’s turnover to EUR...

Ecaterina Craciun · 08.06.2012 · 10:21 · 1 min