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Mutual Funds Raise An All Time High Of RON1.2 Billion In Q1
Capital Market

Mutual Funds Raise An All Time High Of RON1.2 Billion In Q1

Mutual funds have raised 1.2 billion lei (EUR269 million) from investors in the first quarter, which was their best ever. Most money went to funds with conservative investment strategies, bu...

Loredana Frățilă-Cristescu · 14.04.2014 · 00:00 · 1 min
A&D Pharma, Constantly Mulled By Foreign Investors
Health

A&D Pharma, Constantly Mulled By Foreign Investors

A&D Pharma is constantly eyed by foreign investors, as the largest group in the Romanian pharmaceutical industry was seen for years an investment target for major companies wanting to tap th...

Bogdan Neagu · 12.02.2014 · 10:07 · 2 min
US And UK Investors Bought Over 80% Of Romania’s 30-Year Dollar Bonds
Banks-Insurance

US And UK Investors Bought Over 80% Of Romania’s 30-Year Dollar Bonds

US and UK investors bought 82% of the $1 billion bonds maturing in 30 years that Romania issued on Tuesday. Its dollar-denominated bonds also attracted German, Austrian and Romanian investor...

Loredana Frățilă-Cristescu · 16.01.2014 · 00:00 · 1 min
Enel And ArcelorMittal Abandon Romania’s Cernavoda Nuke Project
Energy

Enel And ArcelorMittal Abandon Romania’s Cernavoda Nuke Project

Italy’s utility Enel and steel maker ArcelorMittal have decided to withdraw from their investment in Romania’s project to build the third and fourth reactors at the nuclear power plant in Ce...

Ecaterina Craciun · 23.12.2013 · 12:12 · 1 min
Colliers: Fifty New Foreign Retailers Eye Romania
Retail&Consumer

Colliers: Fifty New Foreign Retailers Eye Romania

The Romanian retail market is becoming more and more attractive to investors and about 40% of retailers interested in Central and Eastern Europe (CEE) are looking at Romania, according to Co...

Ioana Tudor · 14.11.2013 · 14:12 · 1 min
Romania’s New Insolvency Code Solves None Of Current Legislative Flaws - Investors
Banks-Insurance

Romania’s New Insolvency Code Solves None Of Current Legislative Flaws - Investors

The main flaws in Romania’s current legislation on insolvency concern the duration of proceedings, a low debt recovery rate and high costs, which the newly adopted regulations on insolvency...

Ioana Tudor · 06.11.2013 · 12:44 · 1 min
Austrians Finally Conquer Romania’s Constructions Market
Real Estate

Austrians Finally Conquer Romania’s Constructions Market

Austrian investors bought Romania’s largest oil company OMV Petrom ten years ago and its largest bank BCR eight years ago, but it was only in 2012 that they climbed to the top spot on the lo...

Ecaterina Craciun · 06.11.2013 · 00:00 · 5 min
BCR: Attracting Foreign Investors, Encouraging Farmland Merger To Avail Romania’s Agriculture
Retail&Consumer

BCR: Attracting Foreign Investors, Encouraging Farmland Merger To Avail Romania’s Agriculture

Farms in Romania lack the needed number of vehicles and machinery and the country has too many small farms to be able to gain efficiency, according Banca Comerciala Romana (BCR).

Ioana Tudor · 29.10.2013 · 13:15 · 1 min
Economist: It’s Up To Romania To Create Climate To Attract Investors; Being EU Member Not Enough
Banks-Insurance

Economist: It’s Up To Romania To Create Climate To Attract Investors; Being EU Member Not Enough

Romania will be able to attract investors provided it creates the right environment, as being part of the European Union is not enough, U.S. expert on transatlantic economy Joseph Quinlan sa...

Ioana Tudor · 25.10.2013 · 16:20 · 2 min