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Top Banks in Romania in 2019: Banca Transilvania Leads, ING Climbs to 4th Spot
Banks-Insurance

Top Banks in Romania in 2019: Banca Transilvania Leads, ING Climbs to 4th Spot

Banca Transilvania remained Romania's top lender in 2019, while ING climbed to the fourth position, overtaking UniCredit and Raiffeisen, according to the central bank's annual report release...

Oana Gavrila · 26.06.2020 · 18:58 · 1 min
Impuls Leasing Expects To Finance RON960M Worth Of Assets In 2020, Down 35% Vs 2019
Companies

Impuls Leasing Expects To Finance RON960M Worth Of Assets In 2020, Down 35% Vs 2019

Financial leasing firm Impuls Leasing, the local subsidiary of Austria’s Impuls Leasing Group, expects to finance assets worth RON960 million in 2020, down nearly 35% from 2019, per company...

Ecaterina Craciun · 22.06.2020 · 11:56 · 1 min
Pillar II Funds Assets Grow RON3.3B in May, to RON64.6B
Capital Market

Pillar II Funds Assets Grow RON3.3B in May, to RON64.6B

The seven pension funds operating on the mandatory segment known as Pillar II had total assets of RON64.6 billion at the end of May, RON3.3 billion more compared with end-April, the latest d...

Oana Gavrila · 16.06.2020 · 14:29 · 1 min
ING Bank Becomes Romania's Fifth Largest Lender by Assets
Banks-Insurance

ING Bank Becomes Romania's Fifth Largest Lender by Assets

ING Bank Romania, the local branch of Dutch group ING, became the fifth largest lender by assets in 2019, overtaking Raiffeisen Bank, which dropped to the sixth spot.

Oana Gavrila · 15.06.2020 · 09:58 · 1 min
Companies

Pension Pillar II Assets Grow 18.4% YoY in April, to RON61.87B

Assets managed by mandatory private pension funds (Pillar II) in Romania stood at RON61.87 billion at the end of April, up 18.4% compared with April 2019 and up 192.46% compared with five ye...

Oana Gavrila · 22.05.2020 · 12:51 · 1 min
Over 30 Prospective Buyers Showed Interest in Buying CEZ Romanian Assets
Companies

Over 30 Prospective Buyers Showed Interest in Buying CEZ Romanian Assets

Czech utility group CEZ said more than 30 prospective buyers have expressed interest in acquiring its assets in Romania and screened candidates are expected to be invited to submit bids in D...

Oana Gavrila · 13.11.2019 · 15:40 · 1 min
Antitrust Body Clears Transfer Of Some Assets From Rohrer To Grup Servicii Petroliere
Companies

Antitrust Body Clears Transfer Of Some Assets From Rohrer To Grup Servicii Petroliere

Romania’s Competition Council on Monday said it approved the acquisition of some assets, the takeover of some activities and the corresponding staff from three companies of Austria’s Rohrer...

Ecaterina Craciun · 04.11.2019 · 15:18 · 1 min
Analysis

Romania Private Pension Funds Had Assets of RON57.43B in 1H/2019

The assets managed by private pension funds (Pillar II and Pillar III) reached RON57.43 billion (EUR12.13 billion) in the first half of 2019, from RON45.6 billion in the first half of 2018,...

Oana Gavrila · 07.10.2019 · 11:26 · 1 min
Crh Rmx&Agregate SRL Gets Antitrust Clearance To Acquire Some Assets Of Pomponio SRL
Companies

Crh Rmx&Agregate SRL Gets Antitrust Clearance To Acquire Some Assets Of Pomponio SRL

Romania's antitrust body on Thursday said it cleared the deal whereby Crh Rmx&Agregate SRL takes over from Pomponio SRL some assets used for the production and sale of concrete products and...

Ecaterina Craciun · 19.09.2019 · 15:07 · 1 min