ASSETS
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CEZ Tests Market Interest For Romanian Asset Sale
Czech utility group CEZ launched on Monday a market sounding to divest its assets in Romania and interest confirmed in writing by potential investors will be followed by an invitation to sub...
Romania Private Pension Funds Had Assets Of Over EUR11B On March 31, 2019
The assets managed by private pension funds (Pillar II and Pillar III) reached RON53.21 billion (EUR11.17 billion) at the end of March 31, 2019, up 7.28% versus December 2018, according to d...
Butucaru, PwC Romania Partner: Asset Quality Of Banks In Romania Assets Has Improved Over Past Years
The quality of assets of banks in Romania has improved over the last years as a result of removing from the balance sheet of the sales of non-performing loans (NPLs) as well, PwC Romania Par...
Raiffeisen’s Private Banking Unit Has 1,500 Clients and EUR1.2B Financial Assets in Romania
The private banking unit of Raiffeisen Bank, a top five bank in Romania, has 1,500 clients and manages more than EUR1.2 billion assets in the country, the bank told ZF.
Competition Council Looks Into Ade Gas Oil Taking Over Some Assets Held By Its Associates
Romania’s Competition Council is analysing a transaction whereby Ade Gas Oil Company SRL takes over some assets held by its associates, Azalis SRL, Eurogenetic SRL and Dolchimex SRL, respect...
Romania Private Pension Funds Had Assets Of RON49.6B In 2018
The assets managed by private pension funds (Pillar II and Pillar III) reached RON49.6 billion (EUR10.64 billion) at the end of 2018, up 19.40% against the previous year, according to data f...
Romania Banking System Assets Hit New Record High Of RON451B In 2018
Romania’s banking system reached assets of RON451.1 billion (EUR97 billion) in 2018, a new record high, due to lending growth, central bank data show.
Competition Council Clears Takeover Of Some Petrom Assets By Mazarine Energy Romania
Romania’s Competition Council has approved the transaction whereby Mazarine Energy Romania SRL takes over oil fields belonging to OMV Petrom SA.
Oltchim Completes Asset Sale Agreement With Chimcomplex
State-run chemical plant Oltchim Ramnicu Valcea (OLT.RO) on Monday announced the completion of the asset sale agreement with chemical producer Chimcomplex Borzesti, within a transaction wort...