Articolele autorului Ecaterina Craciun
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EC Expects Romania’s Inflation Rate To Rise Gradually, Budget Deficit To Reach 3.5% Of GDP
Romania’s inflation rate is expected to rise and the budget deficit is seen widening due to tax cuts and higher public spending and the unitary pay bill is a huge risk for fiscal estimations, the European Commission said in its spring forecast released on Thursday. citeşte tot
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A Román Nemzeti Bank devizaárfolyamai 2017. május 11-én
A Román Nemzeti Bank devizaárfolyamai 2017. május 11-én citeşte tot
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BNR Exchange Reference Rates of May 11
Following is the Romanian National Bank exchange rate chart for the Romanian leu. citeşte tot
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EC Cuts Romania’s 2017 GDP Growth Forecast To 4.3%
The European Commission (EC) has revised downward its forecast on Romania’s 2017 economic growth by 0.1%, to 4.3% from 4.4%, below the Romanian Government’s projection of 5.2%, and kept its GDP growth forecast of 3.7% for 2018, the Commission said in its spring forecast. citeşte tot
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OMV Petrom’s Net Profit Doubles To RON618M, Sales Rise 27% In 1Q/2017
Romania's OMV Petrom (SNP.RO), majority owned by Austria's OMV, registered a net profit of RON618 million in the first quarter of 2017, double from RON288 million in the year-earlier period, the company said in its financial report on Thursday. citeşte tot
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EBRD Revises Up Romania’s 2017 GDP Growth Forecast To 4%
The European Bank for Reconstruction and Development (EBRD) has raised by 0.3% its economic growth forecast for Romania, to 4% for 2017, according to EBRD’s latest Regional Economic Prospects report released on Wednesday. citeşte tot
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Enel To Install Over 150,000 Smart Meters In Muntenia Sud, Dobrogea And Banat In 2017
Electricity distribution companies of Enel group will install over 150,000 smart meters in 2017, in the regions where they operate in Romania – Muntenia Sud, Dobrogea and Banat, Enel said in a statement on Tuesday. citeşte tot
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BNP Paribas: Developer WDP Buys 50,000-Sqm Warehouse In Industrial Park Pitesti
WDP (Warehouses De Pauw), one of Europe’s leading industrial developers, is buying a 50,000-sqm land plot in industrial park Oarja-Pitesti, and BNP Paribas Real Estate brokers the transaction, BNP said in a statement. citeşte tot
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Constanta, Fourth City In Romania With Home Prices Above EUR1,000/Sqm
Constanta becomes the fourth large city in Romania where home prices exceed the threshold of EUR1,000 per square meter, with the Imobiliare.ro index registering an increase of 2.1% in April, to EUR1,013 per sqm, from EUR992 per sqm, according to a statement released on Monday. citeşte tot
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Hili Ventures Acquires ART Business Centre Through Premier Capital
Maltese group Hili Ventures has acquired, through its division Premier Capital, the building ART Business Centre, from FBC Exclusiv Company, according to law firm Suciu Popa, which assisted the transaction. citeşte tot
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BRD Group Net Profit 4.5-Fold Higher In 1Q/2017, At RON330M
BRD group on Thursday said it ended the first quarter of 2017 with a net profit of RON330 million, 4.5-fold higher than in the year-earlier period, due to a net cost of positive risk, underpinned by improved net interest income and a tight grip on operating expenses. citeşte tot
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Autovit.ro: Romania’s Auto Market Had, In First 3 Months, The Most Dynamic Quarter In Last 8 Years
Romania’s auto market registered, in January- March 2017, the most dynamic quarter of the last eight years, according to an analysis by Romanian car fair operator Autovit.ro. citeşte tot
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Bucharest Stock Exchange’s BET Index Places 2nd In The EU, After 16.1% Rise In Jan-April 2017
The BET index, which tracks the twelve most liquid shares on the Bucharest Stock Exchange (BVB), rose 16.1% in January-April 2017, placing it second in the EU, after Poland’s index which increased by 22.02%, according to BVB’s April report released on Wednesday. citeşte tot
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Dacia 2016 Turnover Up 8.35% To EUR4.6B
Renault-owned carmaker Automobile Dacia registered a turnover of EUR4.6 billion (RON20.765 million) in 2016, up 8.35% from EUR4.2 billion in 2015, according to the management report released on Wednesday. citeşte tot
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Study: Only 3% Of Total Romanian Companies Are The Engine Of Country’s Economy
Only 3% of total Romanian companies represent the engine of the country’s economy and half of them are in dire straits, according to the third edition of a study by insolvency practitioner Casa de Insolventa Transilvania (CITR) Group regarding the evolution of impact companies between 2013 and 2015. citeşte tot
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Coldwell Banker: Over 25,000 Homes Under Construction In Romania’s Main Cities
Over 25,000 housing units are under various stages of development and are due to be delivered in 2017 in Romania’s main regional residential markets, such as Bucharest – Ilfov, Cluj – Napoca, Sibiu, Brasov and Constanta, according to a study by real estate consulting firm Coldwell Banker Romania. citeşte tot
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Bucharest Appeals Court OKs Merger Between Banca Comerciala Carpatica And Patria Bank
The Bucharest Court of Appeals approved the merger between Banca Comerciala Carpatica and Patria Bank, on April 21, allowing the two banks to complete, in the coming period, the procedural and operational stages needed for the implementation of the merger, Patria Bank said in a statement on Monday citeşte tot
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Vast Resources Acquires Control Over Sinarom Mining Group SRL, Owner Of Manaila Polymetallic Mine
UK-based mining company Vast Resources PLC, listed on the London Stock Exchange, has acquired 49.9% of the shares of SC Sinarom Mining Group, from Chinese businessman Ni Jinming. citeşte tot
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GfK: Two Thirds Of Romanians’ Expenses Target Foods
2016 was another good year for the industry of fast moving consumer goods (FMCG), both from retailers and producers’ perspective. It was the second consecutive year when Romanians had an increased appetite for more expensive products and higher expenses, according to a study by GfK Romania. citeşte tot
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Albalact To Be Delisted From Bucharest Stock Exchange
The shares of dairy producer Albalact will be withdrawn from trading on the Bucharest Stock Exchange, starting Tuesday, April 18, after the company had been acquired by French group Lactalis. citeşte tot
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OMV Petrom Hydrocarbon Production Flat On Year In 1Q/2017
The total hydrocarbon production of Romania's OMV Petrom (SNP.RO), majority owned by Austria's OMV, stagnated at 170,000 barrels of oil equivalent (boe) per day in the first quarter of 2017, the same level reached in the fourth quarter of 2016, according to preliminary data released by the company o citeşte tot
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Destatis - Labor Costs Rose 10.6% In Romania In 2016, The Highest Growth Rate In The EU
Labor costs rose over 10% in Romania in 2016, reaching EUR5.40 per hour, which translates into the highest growth rate in the European Union, placing Romania 27th among the EU28, according to data by Germany’s Federal Statistical Office (Destatis). citeşte tot
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Digi Communications Mulls Listing On Bucharest Stock Market
Digi Communications, provider of telecommunications services in Romania and Hungary, on Tuesday said it plans to launch an initial public offering (IPO) of Class B ordinary shares for the public, in Romania, and towards some institutional and professional investors. citeşte tot
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Traffic On Timisoara International Airport Up 70% To 355,832 Passengers In 1Q/2017
Timisoara International Airport, in western Romania, saw an increase of 70% in passenger traffic on the year in the first three months of 2017, to 355,832 passengers. citeşte tot
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Romania To Borrow EUR60M From IBRD To Improve Legal Services
Romania will contract a loan of EUR60 million from the International Bank for Reconstruction and Development (IBRD) to finance a project aimed at enhancing legal services, according to a bill ratifying the agreement, which was adopted by the government on Wednesday. citeşte tot
