COMPANIES
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Overdue Loans In Bistrita And Suceava Head Toward 20% Of Total
Almost one fifth of loans taken out by consumers and companies in counties such as Bistrita, Suceava or Galati (northern and eastern Romania) are overdue, double compared to the national ave...
Romania To Partly Extinguish The Fiscal Debts Of CFR, CNH, Termoelectrica
The Government has enabled fiscal watchdog ANAF to take over assets from mining company CNH and stock from state-owned companies CFR and Termoelectrica, in a bid to reduce the debts owed by...
Highly Profitable State-Owned Firms May Not Be Targeted By Private Management - Senate
The Romanian Senate’s administration committee on Tuesday adopted several amendments to a bill regarding private management at state-owned companies.
How The Three Most Dynamic Companies Rewarded By ZF In 2010 Fared Last Year
Ziarul Financiar is set to launch the “Romanian business champions” event series, presenting awards to the most dynamic Romanian-held companies for the third consecutive year.
Romania's New Energy Cos To Be Privatized By June 2012, Including Layoffs
Romania's new energy companies Oltenia and Hunedoara will be privatized by the end of June 2012, a move which will entail layoffs in some of their component operations, says the Government's...
Government Shortens List Of Companies That May Alter Deficit
Romania and the International Monetary Fund have agreed to reduce to 10 from 30 previously the number of public companies whose financial results are included in the budget deficit calculati...
Romania To Appoint Private Managers At 9 State Companies In 2011
Romanian government will appoint private managers at nine state-owned companies by the end of 2011, with six more enterprises to follow suit next year, according to the country’s letter of i...
Potential Private Sector CEOs Who Should Run State-Owned Companies
The race to find private sector managers for state-run companies starts on Monday. ZF has put together a list of manages that might make the shortlist of the headhunters involved in the proj...
Less Than 20% Of Romanian Companies Have Outstanding Loans
Less than 20% of the Romanian companies had outstanding loans at the end of June, down 17.4% on the year, central bank data showed.