Romania
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Euro Insurance DAC Enters Romanian RCA Market
Euro Insurance DAC (LeasePlan Insurance), part of Irish group LeasePlan Corporation, was authorized by Romania’s Financial Supervisory Authority (ASF) to sell automobile liability insurance...
World Bank: Only 20% Of Unemployed Romanians Use Internet To Search For Job
Only 20% of unemployed people in Romania use the internet to search for a job and only 5% of individuals use the internet to download official documents from public websites, according to a...
Provident Financial Romania Loans Up 27% In 2016
Consumer lender Provident Financial Romania, part of British group International Personal Finance (IPF), granted 27% more loans in 2016, while the number of customers rose 4.4% to over 300,0...
Spanish Car Parts Maker Gestamp Taps Romanian Market By Acquiring Factory In Pitesti
Spanish car parts manufacturer Gestamp entered the Romanian market by acquiring the majority stake in a local company which makes products for Renault-Nissan Group, through carmaker Dacia.
Deloitte: Romania Ranks First In CEE Region By NPL Sale
Romania ranked first in Central and Eastern Europe by the sale of non-performing loans (NPL), with completed deals worth EUR3.5 billion in 2015 and 2016, according to annual report Deloitte...
EIB Financing In Romania At EUR1.1B In 2016
The European Investment Bank (EIB) provided new loans worth EUR1.04 billion in Romania in 2016 and the European Investment Fund (part of EIB Group) executed operations totaling EUR61 million...
MOL Sales Volume In Romania Rose In 2016
The volume of diesel oil and gasoline sales of Hungary’s oil group MOL in Romania rose in 2016, the company said in a statement Tuesday.
Foreign Investors Brought EUR162M Capital To Local Companies In January
Foreign investors brought capital of EUR162.5 million to local companies in January, according to Trade Registry data, but not all the funds go to investments, as some of them target the tur...
Romania Posts RON3B Budget Surplus In January 2017
Romania's general consolidated budget posted a surplus of RON3 billion in January, or 0.37% of gross domestic product, finance ministry data showed Monday.