KPMG
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Astra Has To Hike Share Capital By EUR110M In Next 12 Months
Romanian insurer Astra has to hike its share capital by 490 million lei (EUR110 million) in the next 12 months, out of which RON70 million in the first stage, according to the recovery plan...
Romtelecom Hires KPMG To Appraise Its Real Estate Assets
Romtelecom, one of the largest telecom operators in Romania, has chosen audit and advisory firm KPMG to appraise its real estate assets throughout the country. Romtelecom owns almost two mil...
KPMG: Continuation Of Payments To Astra Clients Is A Top Priority
KPMG Advisory, special administrator of Romania's leading insurance company Astra, targets the continuation of payments to clients and partners, analyzing the insurer’s situation and taking...
Romania's Leading Insurer Astra Placed Under Special Administration Of KPMG
Romania’s Financial Supervision Authority (ASF) has ordered financial recovery procedures and has placed the country's leading insurance company Astra under special administration.
KPMG Revenues In Romania, Moldova Up 4% To EUR36.5M In Fiscal Year 2012-2013
Audit and consulting company KPMG registered revenues of EUR36.5 million in Romania and the Republic of Moldova in the fiscal year ended September 30, 2013, up 4% on the year.
State Puts More Pressure On Tax Evaders Than On Good Payers
The Romanian state’s promises and effort to bring more money to the budget ultimately translates into more pressure, though not on tax evaders, but on all those who pay their obligations to...
KPMG: Romania Needs More Transparency In Public Spending
The lack of transparency, efficiency and responsibility of the public local administrations can be a major risk for Romania’s economy and more transparency could be the way to avoid potentia...
KPMG Advises On Sale Of Non-Performing Loans Of Over EUR100M
Audit and consultancy firm KPMG is involved in a transaction to sell a portfolio of non-performing loans with a nominal value of over EUR100 million, Serban Toader, Senior Partner of KPMG Ro...
Romanian Bankers See Higher Profitability In 2013 - Survey
Romanian banking executives expect system profitability will improve in 2013 after several years of losses, a survey from KPMG showed Thursday.