Companies
INS: December Jobless Rate Falls Slightly To 7.1%
Romania's unemployment rate inched down to 7.1% in December 2013, from 7.3% a month earlier, seasonally adjusted data from the statistics institute INS showed Friday.
Albalact, Electroarges And Ropharma Multiplied Investors’ Money Over 300 Times In A Decade
The shares of the most important 38 companies listed on the Bucharest Stock Exchange multiplied investors’ money five times on average in the past decade and generated clearly higher yields...
Romanian Executive Promoted To Coca-Cola Hellenic
Dan Timotin, chief financial officer of Coca-Cola HBC Romania, the leader of the soft drinks market in this country, has been promoted to commercial finance director of the parent company in...
Raiffeisen Leasing Completes Takeover Of ING Lease Portfolio
Raiffeisen Leasing announced Thursday that it had completed the takeover of the leasing portfolio of ING Lease, namely, assets worth over EUR30 million and nearly 60 corporate clients (midca...
Provisional Data: Romania’s Insurance Market Flat In 2013, At RON8.2B
Insurance companies in Romania underwrote premiums of 8.24 billion (EUR1.82 billion) in 2013, according to provisional data, which is close to RON8.26 billion registered in 2012.
Romania Economic Sentiment Weakens For 2nd Month In January
Investor sentiment regarding the outlook of the Romanian economy fell for the second consecutive months in December, amid weakening confidence in retail, constructions and industry, a survey...
CE Oltenia Takes Out EUR193M Syndicated Loan To Upgrade Unit
Romanian state-run energy holding CE Oltenia has taken out a EUR193 million syndicated loan from the European Bank for Reconstruction and Development, BCR, BRD and UniCredit to upgrade an el...
PwC: Romania Ranks 2nd Globally Considering CEOs’ Concern About Tax Burden
Most Romanian CEOs (92%) are concerned about the increasing tax burden, and 86% of them fear the Government’s response to the fiscal deficit, according to the results of the PwC Romania CEO...
FrieslandCampina: Dairy Product VAT Cut Could Drive Consumption Back Up
A cut of the value added tax for dairy products would push shelf prices down close to those charged by black market sellers and farmers and drive consumption back up, says Jan Willem Kivits,...