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Ecaterina Craciun

Fields
Companies, Banks-Insurance, Real Estate
Writing for ZF since
2012
Articles
19.828
C&W Echinox: Romanians Spent EUR36B In Large Retail Chains In 2023, Up 11% vs. 2022
Retail&Consumer

C&W Echinox: Romanians Spent EUR36B In Large Retail Chains In 2023, Up 11% vs. 2022

Romanians spent EUR36 billion in large retail chains, up 11% compared with 2022, out of which the FMCG spending accounted for EUR22.5 billion (more than 60% share), according to the Romania...

Ecaterina Craciun · 02.07.2024 · 16:25 · 2 min
INS: Romania Industrial Production Prices Drop 1% YoY In May 2024
Macroeconomics

INS: Romania Industrial Production Prices Drop 1% YoY In May 2024

Romania's industrial production prices for the total (domestic market and non-domestic market) decreased by 1% in May 2024 compared to May 2023, following a 2.2% decrease on the domestic mar...

Ecaterina Craciun · 02.07.2024 · 15:55 · 1 min
Romania Unemployment Rate Edges Up To 5.4% Month-On-Month In May 2024
Macroeconomics

Romania Unemployment Rate Edges Up To 5.4% Month-On-Month In May 2024

Romania’s unemployment rate stood at 5.4% in May 2024, higher by 0.1 percentage point compared to April 2024, data from the country’s statistics institute INS show on Tuesday (July 2, 2024).

Ecaterina Craciun · 02.07.2024 · 14:35 · 1 min
AmCham Survey: Overall Investment Climate In Romania Is Rated Positive By 46% Of Respondents
Companies

AmCham Survey: Overall Investment Climate In Romania Is Rated Positive By 46% Of Respondents

The overall investment climate in Romania is rated positive by 46% of respondents and companies' plans to expand operations and investment in 2024 reflect confidence in Romania's potential,...

Ecaterina Craciun · 02.07.2024 · 14:26 · 6 min
GST Safety Textiles Ro Reports Over EUR100M Turnover For 2023
Companies

GST Safety Textiles Ro Reports Over EUR100M Turnover For 2023

Airbag manufacturer GST Safety Textiles Ro, the local subsidiary of German concern Global Safety Textiles, for 2023 reported a turnover of RON504.2 million (EUR101.9 million), up 2% from nea...

Ecaterina Craciun · 01.07.2024 · 23:33 · 1 min
Raiffeisen Asset Management Reaches EUR1.05B In Total Assets Under Management
Companies

Raiffeisen Asset Management Reaches EUR1.05B In Total Assets Under Management

Raiffeisen Asset Management (RAM), which manages 13 investment funds and the Raiffeisen Acumulare voluntary pension fund, has reached EUR1.05 billion in total assets under management, higher...

Ecaterina Craciun · 01.07.2024 · 22:52 · 2 min
Hidroelectrica Signs Contract With Electromontaj And Koncar Engineering For Refurbishment Works At AHE Vidraru
Energy

Hidroelectrica Signs Contract With Electromontaj And Koncar Engineering For Refurbishment Works At AHE Vidraru

Hidroelectrica (H2O.RO), the largest electricity producer in Romania and the largest company listed on the Bucharest Stock Exchange, has announced in a stock market report on July 1 that it...

Ecaterina Craciun · 01.07.2024 · 22:38 · 1 min
Hidroelectrica Makes RON1.1B Deposits With Exim Banca Romaneasca
Banks-Insurance

Hidroelectrica Makes RON1.1B Deposits With Exim Banca Romaneasca

Hidroelectrica (H2O.RO), the largest electricity producer in Romania and the largest company listed on the Bucharest Stock Exchange, has announced in a stock market report on July 1 that it...

Ecaterina Craciun · 01.07.2024 · 22:20 · 1 min
BCR PMI Index: Manufacturing Production Level Fell In June 2024 For First Time In Last Three Months
Analysis

BCR PMI Index: Manufacturing Production Level Fell In June 2024 For First Time In Last Three Months

The manufacturing production level declined in June 2024 for the first time in the last three months, just like the employment level, and cost pressure has increased, according to a report r...

Ecaterina Craciun · 01.07.2024 · 21:16 · 6 min
Finance Ministry Raises Nearly RON2.2B From Banks Via Two Bond Issues On July 1
Banks-Insurance

Finance Ministry Raises Nearly RON2.2B From Banks Via Two Bond Issues On July 1

Romania's Finance Ministry raised RON2.2 billion from banks on Monday (July 1), selling government paper in two auctions, at annual average yields of 6.01% and 6.87%, respectively.

Ecaterina Craciun · 01.07.2024 · 18:04 · 1 min
Romania Forex Reserves Shrink To EUR64.39B In June 2024
Banks-Insurance

Romania Forex Reserves Shrink To EUR64.39B In June 2024

Romania's foreign exchange reserves stood at EUR64.39 billion at the end of June 2024, compared with EUR65.07 billion on May 31, 2024, central bank data showed on Monday (July 1, 2024).

Ecaterina Craciun · 01.07.2024 · 17:28 · 1 min
Hilton Set To Open First Resort In Romania: DoubleTree Maramures Izvoare Resort
Companies

Hilton Set To Open First Resort In Romania: DoubleTree Maramures Izvoare Resort

International hotel group Hilton Group has concluded a franchise partnership with Romanian company Izvoare Resort for the opening of the first resort in Romania under one of the Hilton brand...

Ecaterina Craciun · 01.07.2024 · 15:02 · 1 min