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Government Puts Off Adoption Of Bill Capping Cash Transactions And Cutting Inter-Bank Fees
Banks-Insurance

Government Puts Off Adoption Of Bill Capping Cash Transactions And Cutting Inter-Bank Fees

The Romanian Government has decided to put off adopting a bill capping cash transactions for both companies and population and reducing inter-bank fees for card payments in order to allow mo...

Ecaterina Craciun · 12.02.2014 · 18:27 · 1 min
ING Asigurari Revenues Up 2.8% In 2013, To RON559.6M
Banks-Insurance

ING Asigurari Revenues Up 2.8% In 2013, To RON559.6M

ING Asigurari de Viata subscribed premiums of RON559.6 million in 2013, up 2.8% on the year, and had an estimated pre-tax profit of RON12.1 million, from RON29 million in 2012, the insurer s...

Oana Gavrila · 12.02.2014 · 14:40 · 1 min
CITR: Companies In Food And Retail Sectors Most Prone To Insolvency In 2014
Companies

CITR: Companies In Food And Retail Sectors Most Prone To Insolvency In 2014

Companies in the food sector, the owners of leasable retail and office spaces, the beneficiaries of subsidies and infrastructure builders will be most affected by insolvency in 2014, accordi...

Ecaterina Craciun · 12.02.2014 · 14:31 · 1 min
ASF To Take Steps For “Friendly” Fees On Capital Market
Capital Market

ASF To Take Steps For “Friendly” Fees On Capital Market

The Romanian Financial Supervisory Authority (ASF) will take steps for making the capital market fees "friendly", ASF first vice-president Daniel Daianu stated Wednesday.

Gabriela Stan · 12.02.2014 · 14:30 · 1 min
Sales Of Online Store elefant.ro Up 80% In 2013, To EUR6.5M
Retail&Consumer

Sales Of Online Store elefant.ro Up 80% In 2013, To EUR6.5M

Romanian online store elefant.ro had a turnover of EUR6.5 million last year, up 80% compared to 2012, administrator Universal Online Promotion said Wednesday.

Oana Gavrila · 12.02.2014 · 12:52 · 1 min
MedLife To Open Four New Clinics With EUR4M Investment
Companies

MedLife To Open Four New Clinics With EUR4M Investment

MedLife, Romania's largest private medical services provider, will open four new hyper-clinics by the end of the year, following an investment of EUR4 million, and estimates it will reach a...

Oana Gavrila · 12.02.2014 · 11:12 · 1 min
Romania Adjusted Industrial Output Rises 7.1% In 2013
Macroeconomics

Romania Adjusted Industrial Output Rises 7.1% In 2013

Romanian adjusted industrial production rose 7.1% in 2013 from a year earlier, on higher output in most sectors, the country’s statistics institute INS said Wednesday.

Florentina Dragu · 12.02.2014 · 10:00 · 1 min
Largest 100 Exporters Account For Half Of Romania’s Exports
Macroeconomics

Largest 100 Exporters Account For Half Of Romania’s Exports

The largest 100 exporters account for half of Romania’s total exports or EUR25 billion and 60 major exporters are also among the top 100 importers.

Loredana Frățilă-Cristescu · 12.02.2014 · 00:00 · 4 min
Companies

Romania Cashes In Seven Times Less Than Poland From Foreign Tourists

Almost one third of the foreigners who visited Romania last year were Germans, Italians and French, according to a ZF survey based on the statistics institute data.

Bogdan Neagu · 11.02.2014 · 22:00 · 2 min