DEBT
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State-Run Companies’ Debts Account For Almost Half Of Their Revenue
The debts of state-run companies account for almost half of their revenue and most of the money is owed to the state budget.
Romania, Among Very Few Countries Whose Debt-To-GDP Ratio Decreased Since 2007
Romania is among the very few countries whose debt-to-GDP ratio has decreased since 2007, by seven percentage points, alongside Israel, Egypt, Saudi Arabia and Argentina, according to a stud...
Government Approves CE Hunedoara - CNH Debt Takeover
The Romanian government approved Tuesday an emergency decree whereby energy holding CE Hunedoara will take over the debt the coal mining company CNH owes the tax authority ANAF.
Ambient Owner Transfers 10% To BCR Fund To Settle EUR4.5m Debt
Businessman Ioan Ciolan, the majority shareholder of Sibiu-based do-it-yourself retail and construction material distribution company Ambient, transferred 9.99% in it to an investment fund o...
Debt Collectors Manage To Recover Money From Only 25% Of Debtors In A Portfolio
Debt collection companies manage to recover money from only one quarter of the debtors included in an acquired portfolio, as half of the total debtors cannot be found, while another 25% have...
CE Hunedoara Takes Over RON2.5M Tax Debt From Coal Mining Company CNH
Romanian energy holding CE Hunedoara will take over a debt of RON10.84 million (EUR2.5 million) the coal mining company CNH owes the tax authority, according to a draft emergency decree draw...
Ten Airways Ends Collaboration With Fly Romania Over EUR400,000 Unpaid Debt
Romanian businessman Ovidiu Tender announced Tuesday his airline Ten Airways has ceased its collaboration with airline Fly Romania over unpaid debts amounting to EUR400,000.
20 Most Debt-Laden Malls Owe EUR2B
The 20 most debt-laden shopping centers in Romania owe EUR1.9 billion together, ten times the revenue they posted last year, due to the high loans they took out during the boom days of the l...
Survey: Two Thirds Of Romanians Have Debts, 50% Owe More Than RON5,000
Two out of three Romanians have debts and half of them owe more than RON5,000, according to a survey ordered by debt collection firm Kruk Romania.