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CYPRUS

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Romania’s CITR Opens Office In Cyprus
Companies

Romania’s CITR Opens Office In Cyprus

Casa de Insolventa Transilvania (CITR), the main player on the Romanian insolvency market in the last ten years, takes its first step towards expansion abroad by opening an office in Cyprus, an emerging market in which the profession of insolvency practitioner...

Ecaterina Craciun · 18.10.2018 · 14:29 · 1 min
Six Of Ten Largest Capital Inflows To Romanian Companies Came From Cyprus In 2017
Companies

Six Of Ten Largest Capital Inflows To Romanian Companies Came From Cyprus In 2017

Six of the ten largest capital inflows provided by foreign investors to Romanian companies last year came from Cyprus-based shareholders, ZF has found from Trade Registry data. Other shareho...

Loredana Frățilă-Cristescu · 13.02.2018 · 10:32 · 1 min
Alexandrion Opens Subsidiary In Cyprus, Takes Step Towards International Expansion
Companies

Alexandrion Opens Subsidiary In Cyprus, Takes Step Towards International Expansion

Spirits producer Alexandrion Group Romania, the largest such business in the country, has opened a base for international operations in Nicosia (Cyprus), as part of its international develop...

Loredana Frățilă-Cristescu · 21.06.2017 · 09:55 · 1 min
Romanian Certsign To Make And Deliver Cypriot Driving Licenses For Five Years
Technology &Telecoms

Romanian Certsign To Make And Deliver Cypriot Driving Licenses For Five Years

Certsign, part of Romanian UTI Group, signed a five-year contract in August for the making and delivery of driving license in Cyprus.

Oana Gavrila · 08.09.2014 · 14:31 · 1 min
Negritoiu, ING: Clients With More Than EUR100,000 In A Bank Are Investors, Not Depositors
Banks-Insurance

Negritoiu, ING: Clients With More Than EUR100,000 In A Bank Are Investors, Not Depositors

Clients who hold deposits of over EUR100,000 are more likely to be investors than simple depositors, and they should have been aware of the risks they were taking when investing in Cypriot b...

Bogdan Neagu · 05.04.2013 · 00:00 · 2 min
Isarescu: Romania Might See Capital Inflows From Cyprus After Controls Lifted
Banks-Insurance

Isarescu: Romania Might See Capital Inflows From Cyprus After Controls Lifted

Romania might witness capital inflows from Cyprus after the eurozone country lifts capital controls, Romanian central bank governor Mugur Isarescu said Thursday.

Ioana Tudor · 28.03.2013 · 18:51 · 1 min
Banks-Insurance

Romanian Savers Split Up Deposits, Isarescu Says

Romanian central bank governor Mugur Isarescu Thursday said households have started to split up their bank deposits amid concern over the situation in Cyprus.

Florentina Dragu · 28.03.2013 · 17:20 · 1 min
Romanian Depositors Move Savings To Larger Banks After Cyprus Bailout Deal
Banks-Insurance

Romanian Depositors Move Savings To Larger Banks After Cyprus Bailout Deal

Unsettling details about the Cyprus bailout deal, which taxed large savings and saw the nation’s second-biggest bank dismantled, along fears that the terms might be applied to future rescue...

Florentina Dragu · 28.03.2013 · 17:19 · 1 min
ECB: Romania Non-Banking Exposure To Cyprus At EUR100M
Banks-Insurance

ECB: Romania Non-Banking Exposure To Cyprus At EUR100M

The exposure of Romanian individuals and non-financial companies to Cypriot banks reached approximately EUR100 million at the end of 2012, according to data from the European Central Bank.

Florentina Dragu · 21.03.2013 · 18:18 · 1 min