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Romania Insolvency Numbers Down 13.4% In January-July
Analysis

Romania Insolvency Numbers Down 13.4% In January-July

The number of companies that went insolvent in January-July this year was 13.37% lower than in the same period of 2013, the Trade Registry office said Monday.

Oana Gavrila · 25.08.2014 · 13:57 · 1 min
State Companies Allowed To Transfer Assets To Other State Firms To Reduce Arrears
Companies

State Companies Allowed To Transfer Assets To Other State Firms To Reduce Arrears

Romanian companies majority owned by the state, including their subsidiaries, will be allowed to transfer assets, through direct negotiation, to other firms majority held by the state, in a...

Ecaterina Craciun · 22.08.2014 · 13:22 · 1 min
Energy Companies To Make Public Acquisition Contracts, Sponsorships
Energy

Energy Companies To Make Public Acquisition Contracts, Sponsorships

Energy Minister Razvan Nicolescu issued an order by which state-owned energy companies should make public all the contracts of assets and works acquisitions exceeding EUR500,000, service acq...

Gabriela Stan · 19.08.2014 · 12:05 · 1 min
Young Entrepreneurs In Romania Set Up 3,200 Firms In 1H
Companies

Young Entrepreneurs In Romania Set Up 3,200 Firms In 1H

Young entrepreneurs in Romania set up 3,200 companies (SRL-D) in the first half of 2014, by using state incentives.

Ecaterina Craciun · 03.08.2014 · 15:51 · 1 min
Energy

Parent Companies Injected EUR990M In 38 Romanian Companies In 1H

Foreign shareholders injected an aggregate EUR990 million in 38 companies with operations in key industries in Romania during the first six months of the year, Trade Registry data showed Thu...

Florentina Dragu · 31.07.2014 · 15:39 · 1 min
Deloitte: Over Half Of Romanian Companies Spend Up To 3% Of Revenue On R&D
Companies

Deloitte: Over Half Of Romanian Companies Spend Up To 3% Of Revenue On R&D

Over 50% of local companies spend up to 3% of revenue on research and development (R&D) while 71% of the companies plan to increase the amount they spend on R&D in the upcoming years, accord...

Gabriela Stan · 23.07.2014 · 13:34 · 1 min
Trade Registry: Company Insolvencies Down 13.5% On Year In January-May
Real Estate

Trade Registry: Company Insolvencies Down 13.5% On Year In January-May

Romania's Trade Registry on Tuesday said 11,030 companies filed for insolvency in the first five months of the year, down 13.5% from 12.747 companies in the year-earlier period.

Florentina Dragu · 24.06.2014 · 15:16 · 1 min
Coface: Over 15% Of IT Products Distributors In Romania Went Out Of Business In 2013
Technology &Telecoms

Coface: Over 15% Of IT Products Distributors In Romania Went Out Of Business In 2013

Nearly 200 companies active in the Romanian IT and software products distribution sector (15% of total firms), with cumulated debts of 336 million lei (over EUR76 million), closed their door...

Ecaterina Craciun · 24.06.2014 · 13:57 · 1 min
Ponta: Romania Plans To Keep Floating State Companies, Reduce Its Stake In Listed Firms
Capital Market

Ponta: Romania Plans To Keep Floating State Companies, Reduce Its Stake In Listed Firms

Romanian Prime Minister Victor Ponta said Wednesday that the government plans to continue floating on the stock market the state-run companies that have not been listed yet.

Ecaterina Craciun · 04.06.2014 · 12:49 · 1 min