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Foreign Banks' Exposure To Romania Fell To $46.4B In 1Q
Banks-Insurance

Foreign Banks' Exposure To Romania Fell To $46.4B In 1Q

Foreign banks cut their exposure to Romania by more than $3.3 billion to $46.44 billion in the first quarter of 2013, data from the Bank for International Settlements showed.

Florentina Dragu · 16.09.2013 · 14:02 · 1 min
AmCham: Romania Must Continue Efforts To Increase Economic Competitiveness
Macroeconomics

AmCham: Romania Must Continue Efforts To Increase Economic Competitiveness

Romania’s economy is among the most uncompetitive in the European Union and the country must adopt public policies and strategies to support economic development and increase competitiveness...

Ioana Tudor · 16.09.2013 · 13:36 · 1 min
Banks, Insurers Got Capital Injections Of EUR240M In 2013
Banks-Insurance

Banks, Insurers Got Capital Injections Of EUR240M In 2013

Foreign shareholders of banks, insurers and leasing companies added around EUR240 million to the capital of Romanian subsidiaries between in January and June 2013.

Tudor Ioana Raluca · 16.09.2013 · 07:48 · 3 min
Leasing Companies Rely On Vehicle, Equipment Leasing To Keep Going
Banks-Insurance

Leasing Companies Rely On Vehicle, Equipment Leasing To Keep Going

Leasing companies affiliated to banks have relied either on funding for vehicle or equipment purchases to keep their business going, as the first half rankings show.

Tudor Ioana Raluca · 16.09.2013 · 00:00 · 2 min
Romanians To Pay Health Insurance Contribution Of Up To RON611/Month For Rental Revenues
Real Estate

Romanians To Pay Health Insurance Contribution Of Up To RON611/Month For Rental Revenues

Romanians who obtain revenues from home rental will pay health insurance contributions of at most 611 lei (EUR136) per month in 2013, according to a bill drawn up by the Finance Ministry.

Ioana Tudor · 13.09.2013 · 18:12 · 1 min
GFR In Talks With ING Corporate Finance To Get Money For CFR Marfa Acquisition
Companies

GFR In Talks With ING Corporate Finance To Get Money For CFR Marfa Acquisition

London-based ING Corporate Finance, the financial consulting division of Dutch group ING, will help Grup Feroviar Roman (GFR) get financing to buy 51% in freight railway carrier CFR Marfa, a...

Ecaterina Craciun · 13.09.2013 · 08:06 · 1 min
Romanian Aircraft Industry Growth Depends On Giants EADS And Boeing
Companies

Romanian Aircraft Industry Growth Depends On Giants EADS And Boeing

Aeronautical giants EADS and Boeing plan to outsource production to peripheral countries like Romania and Poland, and their orders currently represent the main pillars for the development of...

Ecaterina Craciun · 13.09.2013 · 07:40 · 1 min
Top 50 Companies In Construction And Related Industries Post Revenue Of EUR4.7B In 2012
Real Estate

Top 50 Companies In Construction And Related Industries Post Revenue Of EUR4.7B In 2012

The financial results of the largest 50 companies in the Romanian construction, paint and do-it-yourself sectors registered revenues of EUR4.7 billion in 2012, steady on the year.

Tudor Ioana Raluca · 13.09.2013 · 00:00 · 6 min
Where Romanians Insure Their Houses And Cars
Banks-Insurance

Where Romanians Insure Their Houses And Cars

Romanian-held Astra leads the ranking of insurers that get the largest revenues from property policies, with gross underwritten premiums of 177 million lei (EUR40 million) in the first six m...

Tudor Ioana Raluca · 13.09.2013 · 00:00 · 3 min