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JLL: Banks Sold EUR2B Worth Of NPLs Last Year, Value Could Rise
Banks in Romania sold non-performing loans with a gross book value of nearly EUR2 billion last year, part of which were guaranteed with property, and the value of such transactions could ris...
Timisoara Has The Largest Industrial Space Projects Under Development, Bucharest Has None
Timisoara has the largest area of industrial spaces under development, 65,300 square meters in two projects to be delivered in the first half of the year, while Bucharest has no such involve...
Pharma Retail In Romania: Over 8,200 Pharmacies Sharing EUR2.4B Market
Pharmaceutical retail in Romania, represented by more than 8,200 pharmacies, grew 1.7% on the year in 2014, to RON10.5 billion (EUR2.4 billion), according to estimates of market research com...
Fiscal And Liquidity Crises, Main Global Risks For Romanian Businessmen
Romanian businessmen consider that the main global risks are fiscal crises of key economies, liquidity crises and a major failure of financial systems, according to Global Risks 2015 report...
BCR Does Not Rule Out Other Tax Hikes Except For Income Tax In Romania This Year
BCR analysts do not rule out other tax hikes in Romania this year, except for the income tax, and remain skeptical about future budget execution and the country’s ability to meet the structu...
Romania Has Five Times Smaller Gas Pipeline Network Than UK, Almost As Many Employees
Romania has a natural gas pipeline network of about 53,600 kilometers, which includes the transmission network operated by Transgaz (TGN.RO) and the distribution networks, the biggest of whi...
Competition Council: Cement Market And Notarial Services Most Prone To Antitrust Violations
Cement production and sale, notarial services, freight and passenger transportation and the wholesale of liquefied petroleum gas (LPG) for gas-powered stoves are the markets most inclined to...
Romania Could Get EUR8.4B From Sale Of Stakes In Major State-Owned Companies – Report
Romania could get EUR8.4 billion from the sale of stakes in the main state-owned companies, covering 6.3% of its public debt, according to a report of Austria's Economica Institute.
Romania’s Postal Services Market Up Nearly 8% In 2013, To 564 Mln Dispatched Items
The Romanian postal services market rose 7.8% in 2013, to 564.26 million dispatched items, on the backdrop of intensified activity of alternative providers, the country’s telecom regulator A...