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High Expenses Keep Insurers In The Red
Insurance companies are paying 72% of a year’s gross written premiums to their customers in claim settlements, and their operating expenses amount to 42% of their revenue, which means revenu...
Alro: Government Measures Failed To Lower Energy Costs
Alro Slatina's electricity costs are very high and the measures targeted by the government to lower the burden for industrial consumers have produced no effects so far, company chairman Mari...
Nabucco Pipeline Development Costs Rise To About 5% Of Total Investment
Nabucco Gas Pipeline International, the consortium to develop, build and operate the Nabucco West pipeline, has spent less than 5% of the total value of the investment on the development of...
Renault Threatens To Move Most Of Dacia’s Production To Morocco If Wage Costs In Romania Rise
If the current conflict between some of Dacia’s employees and the management on the new collective labor agreement drags on, things could “take a dangerous turn for the [Romanian] Mioveni pl...
Budget For Romania’s Roads And Highways 5% Lower Than 2012 Spending
The company in charge of Romania’s highways and national roads, CNADNR, will get 5.8 billion lei (EUR1.3 billion) budget this year, down 27% on the allocation in early 2012 and 5% less than...
Romanians Pay About EUR30,000 For Medical Treatment Abroad - Survey
Romanians pay an average of EUR30,000 for medical treatment abroad, according to a survey conducted by private health insurance company MediHelp International and its partners, based on aver...