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Top Banks By Staff Productivity
Banks-Insurance

Top Banks By Staff Productivity

Banca Transilvania, the third largest lender in Romania, stood out as the most profitable last year, following the takeover of Volksbank. Profit per employee amounted to more than 350,000 le...

Loredana Frățilă-Cristescu · 22.06.2016 · 09:52 · 1 min
Romania’s Banking System Sees Almost RON1.2B Profit In Q1
Banks-Insurance

Romania’s Banking System Sees Almost RON1.2B Profit In Q1

Romania’s banking sector posted 1.17 billion lei (EUR259 million) profit in the first quarter, while assets decreased to RON370.2 billion.

Loredana Frățilă-Cristescu · 24.05.2016 · 00:00 · 1 min
Edy Spedition Assets Up For Sale For EUR8M
Automotive

Edy Spedition Assets Up For Sale For EUR8M

Rovigo SPRL, the court-appointed trustee of insolvent road carrier edy International Spedition, plans to sell the headquarters in Brad, Hunedoara County (central Romania) and other assets of...

Loredana Frățilă-Cristescu · 22.06.2015 · 09:02 · 1 min
Companies

Ten Most Debt-Laden Sectors Have Over 80% Debt Ratio

Coal mining, restaurant, building construction, advertising and gambling are among the ten most debt-laden industries, whose debt ratio exceeds 80%, according to a ZF ranking based on Financ...

Loredana Frățilă-Cristescu · 09.04.2015 · 00:00 · 2 min
Top Five Banks In Romania Hold Over 50% Of Assets, Loans And Deposits
Banks-Insurance

Top Five Banks In Romania Hold Over 50% Of Assets, Loans And Deposits

The five largest local banks held 54% of the assets, loans and deposits of the banking system at the end of last year.

Loredana Frățilă-Cristescu · 06.04.2015 · 00:00 · 2 min
Enel Expects Binding Bids By End Of March
Energy

Enel Expects Binding Bids By End Of March

Investors may file binding bids for Enel's supply and distribution operations in Romania by the end of March, according to people close to the process.

Loredana Frățilă-Cristescu · 12.02.2015 · 00:00 · 1 min
Lars Wiechen, Deloitte: Romanian Assets Are Undervalued
Companies

Lars Wiechen, Deloitte: Romanian Assets Are Undervalued

Investors’ perception of Romania has improved in the past year and the first positive signals came from the stock market, with the increase in the value of listed companies leading to a rise...

Loredana Frățilă-Cristescu · 10.02.2015 · 13:54 · 3 min
Companies

Companies In Romania Have EUR280B Worth Of Assets

Companies in Romania had total assets worth 1,256 billion lei (EUR280 billion) in 2013 or an average of RON1.97 million in assets for every RON1.67 million revenue per company.

Loredana Frățilă-Cristescu · 10.02.2015 · 12:06 · 2 min
Leasing Companies Sell More Assets Than They Repossess
Banks-Insurance

Leasing Companies Sell More Assets Than They Repossess

Financial leasing companies repossessed about 1,000 cars and 270 pieces of equipment from customers that stopped their monthly payments in the first half of the year. They also sold almost 1...

Loredana Frățilă-Cristescu · 22.09.2014 · 00:00 · 1 min