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French And German Investors Call For Progressive Increase In Romanian Minimum Wage
Macroeconomics

French And German Investors Call For Progressive Increase In Romanian Minimum Wage

The French Chamber of Commerce and Industry in Romania and the Romanian-German Chamber of Commerce are calling for a progressive increase in the minimum wage, voicing out their concern about...

Ecaterina Craciun · 22.12.2015 · 14:55 · 1 min
Banks-Insurance · ZF Bankers Summit '15

Several Investment Funds Looking Into Insurer Astra

The financial watchdog ASF has approved the plan for a second capital raise for insurer Astra and, if achieved, it will be the saving signal for the company, ASF vice-president Mircea Ursach...

Oana Gavrila · 08.06.2015 · 12:56 · 1 min
Health

Eleven Investors Interested To Buy Minority Stake In MedLife

A number of eleven investors have expressed their interest to take over a minority stake in Romanian private healthcare provider MedLife during the first stage of discussions, but there are...

Bogdan Neagu · 08.05.2015 · 15:20 · 1 min
Investors Welcome Tax Cuts, Concerned Proposed Legislation May Change Before Enactment
Banks-Insurance

Investors Welcome Tax Cuts, Concerned Proposed Legislation May Change Before Enactment

Fiscal policy measures that stimulate economic activity and lower the tax and the administrative burden are welcome but there is also a risk of considerable changes to the draft Tax Code ahe...

Oana Gavrila · 25.02.2015 · 14:56 · 1 min
Real Estate Deals In Romania Rose Fourfold In 2014, To EUR1.2B
Real Estate

Real Estate Deals In Romania Rose Fourfold In 2014, To EUR1.2B

The value of real estate deals in Romania rose to EUR1.2 billion in 2014, from EUR300 million in 2013, of which 45% and 30% represent acquisitions of retail and office projects, respectively...

Ecaterina Craciun · 18.12.2014 · 17:07 · 1 min
Actavis Head: Romania Remained Attractive For Investors Only Due To Number Of Inhabitants
Health

Actavis Head: Romania Remained Attractive For Investors Only Due To Number Of Inhabitants

Romania remained an attractive market for investors only through the number of inhabitants, which is no longer enough, said Dan Ivan, general manager of pharmaceutical company Actavis Romani...

Ecaterina Craciun · 09.11.2014 · 13:41 · 1 min
Nuclearelectrica Starts Investor Selection For 2 Reactors At Cernavoda Plant
Energy

Nuclearelectrica Starts Investor Selection For 2 Reactors At Cernavoda Plant

Romanian nuclear power producer Nuclearelectrica (SNN.RO) Wednesday started procedures to select investors for a project to build two new reactors at the company’s plant in Cernavoda.

Bogdan Neagu · 27.08.2014 · 11:22 · 1 min
Four Investors Interested In Acquiring Banca Carpatica Stock - Sources
Banks-Insurance

Four Investors Interested In Acquiring Banca Carpatica Stock - Sources

Romanian bank Banca Comerciala Carpatica (BCC.RO) has opened its data room to four potential investors interested in joining the bank’s shareholder structure and help boost its capital posit...

Florentina Dragu · 22.07.2014 · 18:24 · 1 min
Immofinanz: Real Estate Investors Keep Coming To Romania, But Are Not Yet Willing To Invest
Real Estate

Immofinanz: Real Estate Investors Keep Coming To Romania, But Are Not Yet Willing To Invest

Real estate investors have started to come to Romania, but they are not yet willing to invest, said Dietmar Reidl, Chief Operating Officer at Austrian Immofinanz Group, one of the largest pr...

Ecaterina Craciun · 21.05.2014 · 18:10 · 1 min