Analysis
S&P: Romania Moderately Sensitive To Eurozone Shocks
Romania has a moderately low vulnerability to potential eurozone shocks among the sovereigns in emerging European regions, a survey from Standard&Poor's showed Wednesday.
Biofarm Emerges As Most Profitable Pharma Company On Bucharest Bourse
Biofarm (BIO.RO) was the most profitable pharmaceuticals company on the Bucharest stock exchange last year. Despite a two-percentage point drop in net profit margin to 15.5%, the drugmaker s...
Ungureanu Government To Present A Blank Sheet Of Paper To IMF And EU
The new Government has not so far issued opinions on the performance of the economy or on concrete measures to support the economy, after the negative signals of the past few months. The Gov...
Two Thirds Of Listed Companies Posted Turnover Growth In 2011
The cumulated turnover of the 71 companies listed in Bucharest that have so far reported preliminary results for 2011 rose by 17.6% on the year in 2011 and their cumulated net profit climbed...
Romanian Banks' External Debt Stood At EUR23B In 2011
Bank external debt at the end of 2011 was at a level comparable to that at the end of 2010. Long-term debt decreased by around EUR300 million, but short-term debt climbed significantly. This...
Power Outages Are Caused By Obsolete Power Lines, Upgrades Needed
The recent blackouts in Romania call attention to the fact that they are caused by faulty infrastructure, with two thirds of the power grid in an advanced state of usage and 30% of installat...
Leasing And Consumer Finance Companies Cut Portfolios By EUR1B In Two Years
Lending granted by non-bank financial institutions (NBFIs) included in the special register of the Romanian central bank narrowed by 14% in the past two years and reached 29.4 billion lei (E...
Moody's: Romania's New Cabinet Unlikely To Deviate From IMF Reforms
Romania’s newly formed government is likely to continue the country’s economic and fiscal program under a EUR5 billion loan from the International Monetary Fund and the EU, a report from Moo...
Romanians Remain Pessimistic About Economic Outlook - Survey
Romanians remain pessimistic about the country’s economic outlook for the next twelve months, but consumers are more inclined to open their purses than they were in the second half of 2011,...