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US-Held Company Operated Highest Capital Increase In Romania In 2014
A US-held company registered in the Cayman Islands opened an office in Romania in 2013 with the minimum share capital required, 200 lei (almost EUR50). In December 2014 it operated the highe...
Foreign-Held Banks And Insurers Got RON2.4B Capital Injections In 2014
Banks, insurers and non-bank financial institutions held by foreign groups received capital injections of 2.4 billion lei (EUR536 million) in January-November 2014, according to Trade Regist...
ANRE: Average Household Electricity Prices To Rise 0.26% As Of January 1, 2015
The average electricity prices for Romanian households that have not changed their power supplier will increase by 0.26% starting January, following increases and decreases in price componen...
eMAG CEO Says Retailer’s Sales Seen Rising Over 50% In 2014
Sales of Romanian online retailer eMag.ro will rise over 50% in 2014 because the third quarter has been very good, Violeta Luca, the online retailer’s vice-president and Chief Executive Offi...
FDI Stock Up 22% In Romania In 2008-2013
Foreign direct investment stock rose by 22% or EUR11.1 billion to almost EUR60 billion between 2008 and 2013, despite a very low growth rate last year.
Astra Asigurari Raised Share Capital By RON65.1M, To RON257.8M
Insurance company Astra (ATRA.RO), owned by Romanian businessman Dan Adamescu and placed under special administration in February, increased its share capital by RON65.1 million, to RON257.8...
Banking Sector Capital Doubled In 2008-2013
The banking sector received capital injections of about 12 billion lei (EUR2.7 billion) in 2008-2013, as 28 local banks analyzed by ZF had almost RON25 billion share capital in December last...
Policolor Invests EUR500,000 In New Automotive Paints Line; Group’s Sales Rose In 1H
Policolor, one of the largest players on the Romanian paint and enamels market, invested some EUR500,000 in a new range of automotive paints and the group’s overall sales on this segment saw...
Romanian Operating Leasing Market Seen Up 9% To Over 47,000 Vehicles In 2014
Romania's operating leasing market is expected to increase by 9% to 47,000 vehicles by the end of the year, the association of operating leasing companies ASLO said Tuesday.