DEBT
138 articole · RSS
20 Largest Companies To Go Insolvent In H1, 2018 Posted RON1.5B Revenue In 2017
The 20 largest companies that went insolvent in the first half of 2018 posted 1.5 billion lei (EUR324 million) revenue and had about RON1.2 billion debt in 2017.
26% Of Companies In Romania Have Zero Revenue And RON105B Debt
Out of the more than 600,000 companies registered in Romania last year, 263,700 or 42% had no employees, while 164,400 or 26% had zero revenue, according to the data analyzed by the Financia...
Who Sells Romania’s Debt
Citigroup Global Markets, UniCredit and Raiffeisen Bank International Group remained the top three dealers among those in Romania’s medium-term note program last year, followed by Société Gé...
Companies Of Top Six Telecom Groups Posted EUR3.4B Revenue In 2016
The companies held by Orange, Telekom, Vodafone, RCS&RDS, UPC and AKTA, the main six telecommunications groups with local operations, posted EUR3.4 billion revenue together (about EUR3.8 bil...
Romanian Debt Collection Market Grows 45% on Year in 2016
The value of debts managed by Romanian debt collectors on the domestic market grew 45% in 2016 compared with 2015, according to a report by the Association of Commercial Debt Management (AMC...
Enel To Pay EUR401M Debt To Romanian State In One Tranche This Year
Italian utility group Enel said it will pay this year the EUR401 million debt that the International Court of Arbitration ruled it has to pay to the Romanian state for the minority stake in...
Astra Rail Management Gmbh Holds 25% Of Jolidon’s Debt
German entrepreneur Thomas Manns, who has previously bought the railroad car plants of businessman Cristian Burci via Astra Rail Management Gmbh, owns almost one quarter of the confirmed deb...
Romania’s Public Debt Up RON20B One Year After VAT Cut
Romania’s direct public internal and external debt reached 278 billion lei (EUR61.7 billion) at the end of May 2016, having gone up by RON20 billion on the end of May 2015, according to Fina...
Completion Of Cosmote-Romtelecom Merger Conditioned On Debt Haircut
The Communications Ministry, which manages the government’s interest in Telekom Romania group, asked Greece’s OTE to cut a significant portion of the EUR600 million debt that Telekom Romania...