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State Paper Is Best Shelter From Crisis For Pension Funds
Banks-Insurance

State Paper Is Best Shelter From Crisis For Pension Funds

Mandatory private pension funds have sheltered from the sovereign debt crisis by investing preponderantly in government bonds, seeking to offset the significant losses recorded by shares, as...

Roxana Pricop · 21.10.2011 · 00:00 · 3 min
Five Years After Floating Transelectrica, State Pledges To Keep To Listing Scheme
Capital Market

Five Years After Floating Transelectrica, State Pledges To Keep To Listing Scheme

The listing of Transelectrica (TEL.RO), in September 2006, was the first major stock offering the Romanian government carried out on the Bucharest stock exchange. In the five years since the...

Adrian Cojocar · 07.09.2011 · 00:00 · 2 min
Companies

35 State Companies Generate EUR10B In Turnover, But No Profit

The 35 largest state-owned companies last year generated overall turnover of nearly EUR10 billion, but made no profit, with their total losses amounting to almost EUR500 million. Ziarul Fina...

Roxana Petrescu · 06.09.2011 · 00:00 · 1 min
Companies

Can Private Managers Turn State-Owned Companies Around?

There are private-sector managers that would be willing to start even tomorrow as chief executives of large state-controlled companies, if they were paid the same salary as in a multinationa...

Adelina Mihai · 04.08.2011 · 00:00 · 5 min
First X-Ray Of The Largest State-Run Companies
Companies

First X-Ray Of The Largest State-Run Companies

The publishing by Fondul Proprietatea of state-controlled companies’ reports reveals a rise in salary costs and in the number of employees. The ten largest state-owned companies in the energ...

Roxana Pricop · 27.07.2011 · 00:00 · 1 min
HR

Private Sector Managers Should Run State-Owned Companies

Replacing managers in the large state-held companies with experienced private sector executives could keep the state from losing money, both Government representatives and officials from the...

Adelina Mihai · 31.05.2011 · 23:59 · 2 min