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Insurance Pool PAID Might Pay Damages Of EUR26M Following Sudden Snow Melting
Rising temperatures and a sudden thawing of snow might lead to over 32,800 damage claims for insurance policies issued by the Romanian Pool of Insurance Against Natural Disasters (PAID), who...
Private Pension Assets Seen Up 40% This Year, To Over EUR2.3B
The assets of Romanian mandatory (Pillar II) and voluntary (III) private pensions will exceed EUR2.3 billion by the end of this year, from around EUR1.6 billion in December 2011, due to incr...
Jobless Rate In Romania Won’t Exceed 5% In 2011 - Employment Agency Head
The jobless rate in Romania has slightly increased to 4.83%, but it should not exceed 5% this year, Silviu Bian, president of the National Employment Agency (ANOFM), said Tuesday.
CEZ Romania Eyes Triple Wind Power Output In 2011
CEZ Romania, a unit of Czech power group CEZ AS, expects wind power output will triple to around 0.9 TWh in 2011, as more turbines are scheduled to start production in the next period.