ASSETS
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Enel Green Power Switched To EUR97M Loss In 3Q Following Impairment Of Romanian Assets
Enel Green Power, Enel group’s renewable energy division, switched to net losses of EUR97 million in the third quarter, from EUR102 million profit a year before, mostly due to the impairment...
Immofinanz Romania’s Assets Make 13% Of Group’s Revenue
Austrian developer Immofinanz posted revenue from rents worth EUR11.8 million on the local market in the first quarter of financial year 2014-2015 ended July 31, similar with the same period...
Allianz-Tiriac’s Assets Rose 13% On Year In 2014
Insurer Allianz-Tiriac posted assets worth 2.3 billion lei (nearly EUR515 million) in 2014, up 13% compared with 2013, fueled by the growth of financial investments and intangible assets, th...
APS Romania Sold Real Estate Assets Worth EUR33M In 2014-2015
Czech debt collection specialist APS Holding, which bought Volksbank Romania’s portfolio of non-performing loans last year, jointly with other investors, sold real estate assets worth EUR33...
Private Pension Assets Reached EUR4.5B And 3.05% Of GDP End-2014
Assets managed by private pension funds in Romania reached RON20.2 billion (EUR4.5 billion) at the end of 2014, up 36.7% on the year, and account for 3.05% of Romania's gross domestic produc...
BCR Pensii 2014 Assets Up 41% To RON1.3B
Pension fund BCR Pensii reported net assets worth 1.3 billion lei (EUR292 million) in 2014 on mandatory (Pillar II) and voluntary (Pillar III) private pension segments, up 41% on the year, a...
Concentration Level In Romanian Banking System Saw Slight Increase Over Past Years
The concentration degree in the Romanian banking system has increased modestly over the last three years, with respect to banks holding market above 5%.
CRH Buys Lafarge-Holcim Assets, Including Romanian Operations, For EUR6.5B
Irish cement maker CRH will buy most of the cement assets that French group Lafarge and Swiss construction materials maker Holcim must sell ahead of their planned merger, including the Roman...
Private Pension Funds Seen Topping RON26B In Assets This Year
Private pension funds in Romania are seen reaching RON26.3 billion in assets at the end of this year, of which RON25 billion on the mandatory segment (Pillar II), Raluca Tintoiu, head of the...