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BNR: Romania Private Lending Down 0.5% To RON229B In November
Banks-Insurance

BNR: Romania Private Lending Down 0.5% To RON229B In November

Romanian private lending fell 0.5% in real terms to 229 billion lei (EUR51.7 billion) in November, from RON230.1 billion a month earlier, central bank data showed Friday.

Bogdan Neagu · 28.12.2012 · 11:10 · 1 min
Business Outlook: Constructions Activity Seen Falling Further in Dec '12-Feb '13
Macroeconomics

Business Outlook: Constructions Activity Seen Falling Further in Dec '12-Feb '13

Romanian companies expect construction activity will decline between December 2012 and February 2013, as demand continues to weaken, the statistics institute INS said in a survey Friday.

Bogdan Neagu · 28.12.2012 · 10:49 · 1 min
1,250 Companies Amass Half The Turnover Of All Romanian Firms
Companies

1,250 Companies Amass Half The Turnover Of All Romanian Firms

A number of 1,250 companies had a cumulated turnover of over EUR118 billion in 2011, accounting for around 50% of the overall EUR226 billion turnover of all companies in Romania, shows an an...

Manuela Panescu · 28.12.2012 · 00:00 · 1 min
2013 Brings New Challenges, Including Electricity, Natural Gas Price Increases
Social/Politics

2013 Brings New Challenges, Including Electricity, Natural Gas Price Increases

Romanians will face new challenges next year when several measures approved by the local authorities will take effect, most concerning price increases.

Ioana Tudor · 27.12.2012 · 15:44 · 2 min
Romania Limits Pay Of State-Owned Companies' Heads, Salary Hike Depends On Profit
Social/Politics

Romania Limits Pay Of State-Owned Companies' Heads, Salary Hike Depends On Profit

The Romanian Government decided in Thursday session the indemnity of state-owned companies heads will be limited in 2013, while the employees' salaries will increase by maximum 3%, according...

Manuela Panescu · 27.12.2012 · 14:48 · 1 min
Romania’s M&A Market Climbs To Over EUR1B In 2012, Lifted By Retail, Real Estate Deals
Analysis

Romania’s M&A Market Climbs To Over EUR1B In 2012, Lifted By Retail, Real Estate Deals

Romania’s merger and acquisition market, estimated at over EUR1 billion this year, has seen transactions in almost all sectors, with the most significant in retail, real estate and the ferti...

Ioana Tudor · 27.12.2012 · 14:41 · 2 min
Posta Romana Seeks Loans Of RON100M To Fund Working Capital
Banks-Insurance

Posta Romana Seeks Loans Of RON100M To Fund Working Capital

Romania’s state owned postal company Posta Romana is seeking loans of 100 million lei to fund its working capital, for a total cost of RON8.8 million.

Oana Gavrila · 26.12.2012 · 12:34 · 1 min
How Profitable It Would Have Been To Invest In Wheat In 2012
Companies

How Profitable It Would Have Been To Invest In Wheat In 2012

If an investor had bought wheat worth EUR100,000 at the beginning of 2012, they would have been able to sell it for around EUR148,000 in the past few weeks of the year, yielding almost 48%,...

Neagu Bogdan Mircea · 26.12.2012 · 09:00 · 1 min
Largest Transactions In 2012 Exceed EUR1B
Companies · 2012 in review

Largest Transactions In 2012 Exceed EUR1B

Over 50 transactions were sealed in 2012 worth over EUR1.3 billion, according to a ZF analysis based on data announced by companies and on ZF estimates.

Neagu Bogdan Mircea · 25.12.2012 · 22:43 · 1 min