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100 Largest Companies Going Insolvent In Past Year Had RON13B In Revenue And RON1.3B Losses
Companies

100 Largest Companies Going Insolvent In Past Year Had RON13B In Revenue And RON1.3B Losses

Top Brands Distribution (TBD), a top player in the consumer goods industry, entered insolvency in March, thus raising the number of companies with revenues of more than EUR100 million that h...

Catalina Apostoiu · 02.04.2014 · 00:00 · 2 min
Analysis

Press Review - April 1, 2014

Elementary School Pupils Could Learn To Play Chess At School Starting This Fall Children attending primary schools will be able to learn how to play chess, starting this fall, within several...

Ecaterina Craciun · 01.04.2014 · 08:10 · 2 min
Solar Park Costs Down 30% In 2013
Energy

Solar Park Costs Down 30% In 2013

In 2013, solar projects posted the steepest decline in the value of specific investments per installed MW, by almost 30%, followed by biomass-based projects and revamped hydropower stations.

Catalina Apostoiu · 01.04.2014 · 00:00 · 2 min
Romania’s Grain Output Rose Almost 64% On Year In 2013
Social/Politics

Romania’s Grain Output Rose Almost 64% On Year In 2013

Cereal output rose 63.9% in 2013 in Romania which, although ranked among the largest corn and wheat producers in the European Union, places near bottom in terms of yields per hectare, the co...

Ecaterina Craciun · 31.03.2014 · 11:21 · 1 min
Analysis

Press Review - March 31, 2014

Romania Joins Global Earth Hour 2014 Romania participated Saturday, March 29, in the Earth Hour movement, by switching off lights in public buildings and not only. In Romania, Earth Hour is...

Ecaterina Craciun · 31.03.2014 · 07:29 · 3 min
Business Outlook: Romanian Executives Expect Growth In All Economic Sectors In 2Q
Macroeconomics

Business Outlook: Romanian Executives Expect Growth In All Economic Sectors In 2Q

Romanian executives estimate the activity in all economic sectors to increase in the March-May period compared with the previous three months, the statistics institute INS said in a survey F...

Bogdan Neagu · 28.03.2014 · 10:02 · 1 min
Analysis

Press Review - March 28, 2014

NPL Ratio To Drop After Accounting Changes, BNR's Olteanu Says  Non-performing loans in Romania should fall below 17% of total once banks will be allowed to include state treasuries in their...

Gabriela Stan · 28.03.2014 · 09:26 · 3 min
Weekly Export Risk Outlook, March 27
Analysis

Weekly Export Risk Outlook, March 27

Business confidence in the euro-zone suggests a gradual recovery, Euler Hermes noted in its latest edition of the Weekly Export Risk Outlook report.

Bogdan Neagu · 27.03.2014 · 16:12 · 1 min
Romanian Lenders See Improvement In Liquidated Asset Sales
Banks-Insurance

Romanian Lenders See Improvement In Liquidated Asset Sales

Banks see improvement in asset liquidation sales and support company restructuring outside of insolvency procedures, which they consider simpler and less costly than insolvency.

Oana Gavrila · 27.03.2014 · 14:54 · 2 min