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Largest 50 Companies With Cyprus-Based Shareholders
Companies

Largest 50 Companies With Cyprus-Based Shareholders

Many of Romania’s important entrepreneurs, like Ion Tiriac, Radu Timis, Mihai Miron and Puiu Popoviciu, own companies whose shareholders include Cyprus-based entities.

Manuela Panescu · 19.03.2013 · 00:00 · 2 min
Romania Could Save Up To EUR7B By Improving Energy Efficiency
Energy

Romania Could Save Up To EUR7B By Improving Energy Efficiency

Romania could save between EUR4.8 billion and EUR7.4 billion by improving energy efficiency until 2020.

Neagu Bogdan Mircea · 15.03.2013 · 10:32 · 2 min
Voinea: Romania To Pay Higher Interests If IMF Deal Halted
Macroeconomics

Voinea: Romania To Pay Higher Interests If IMF Deal Halted

Romania would be exposed to increased financial risks and would pay higher interests if it were to cut short its EUR5 billion loan agreement with the International Monetary Fund and the EU,...

Florentina Dragu · 14.03.2013 · 17:02 · 1 min
Survey: Most Romanians Know Very Little About Their Mandatory Health Insurance
Analysis

Survey: Most Romanians Know Very Little About Their Mandatory Health Insurance

Over 80% of Romanians know very little about the advantages of mandatory health insurance and over 30% of them have no idea how much they pay for this type of insurance, according to a surve...

Ecaterina Craciun · 13.03.2013 · 12:36 · 1 min
Corporate Loans In Lei Return To Two-Digit Interest Rates
Banks-Insurance

Corporate Loans In Lei Return To Two-Digit Interest Rates

The average interest rate on the new leu-denominated corporate loans increased to almost 10% a year, 0.5% above the minimum of last spring. This means bankers are again charging interests th...

Oana Gavrila · 11.03.2013 · 00:00 · 1 min
Small Steps Are Better For Romania’s Energy System, Experts Say
Energy

Small Steps Are Better For Romania’s Energy System, Experts Say

Romania should focus its energy strategy on smaller, yet more flexible projects that require lower investments, instead of large energy projects, such as reactors 3 and 4 of the Cernavoda nu...

Oana Gavrila · 11.03.2013 · 00:00 · 4 min
Just One In 7 Romanians Works In Private Sector
Analysis

Just One In 7 Romanians Works In Private Sector

The share of private sector employees to the total population is just 13.7% in Romania, placing the country near the bottom of the European ranking.

Oana Gavrila · 08.03.2013 · 08:51 · 2 min
Industry Goes Through Wave Of Closures Affecting Economic Growth
Macroeconomics

Industry Goes Through Wave Of Closures Affecting Economic Growth

Romania’s industry is dealt blow after blow: chemical plant Oltchim, refinery Arpechim, and steel plants Mechel are falling apart and the Government cannot find solutions. Where is Romanian...

Oana Gavrila · 07.03.2013 · 09:03 · 3 min
One Third Of Romanians Want To Start Up A Business But Have No Money - Survey
Analysis

One Third Of Romanians Want To Start Up A Business But Have No Money - Survey

Around one third of the Romanians believe they have what it takes to set up their own business, but cannot muster the required start-up capital, a survey from Amway Europe showed.

Florentina Dragu · 05.03.2013 · 15:13 · 1 min