Results 126 - 150 from 291 for "debt"
-
EC Report: Current Version Of Law On Debt Discharge Could Generate Major Risks
02.26.2016
The implementation of the current version of the law on debt discharge may generate a systemic risk for the entire banking sector, a major risk for the macroeconomic evolution and could also have a more
-
Kruk Manages RON8.6B Worth Of Bad Debt
02.19.2016
Polish-held debt collection specialist Kruk is managing about one million receivables worth 8.6 billion lei (almost EUR2 billion), 600,000 of which bank loans that may be worth up to 80% of that. more
-
Lhotte: BRD Agrees With Law On Debt Discharge For Future Contracts
02.11.2016
Romanian second largest lender BRD-Groupe Societe Generale (BRD.RO) agrees with the law on giving in payment that would only target future contracts, without applying retroactively, and only for more
-
Four Debt Collectors Took Over EUR6B Worth Of Loans From Banks
12.23.2015
Four large debt collectors, APS (Czech Republic), KRUK (Poland), Kredyt Inkaso (Poland) and EOS (Germany) reached an almost EUR6 billion non-performing loan portfolio at the end this year, which they more
-
Eurostat: Romania’s Government Debt Down To 38% Of GDP In 2Q, From 38.4% In 1Q
10.23.2015
Romania’s government debt fell 0.4 percentage points to 38% of the gross domestic product, or RON259.48 billion, in the second quarter of 2015, from 38.4% in the first quarter, Eurostat data showed more
-
Eurostat: Romania Had Fourth Lowest Government Debt In EU In 2014
10.21.2015
Romania places fourth in the European Union by the lowest ratio of government debt to GDP in 2014, with 39.9%, being outranked by Estonia (10.4%), Luxembourg (23%) and Bulgaria (27%), Eurostat data more
-
Central Bank Governor Warns Against Further Growth in Public Debt
10.06.2015
Romanian central bank governor Mugur Isarescu has warned that further growth in public debt could be dangerous and counterproductive. more
-
ELCEN In Talks With RADET On Debt Rescheduling
09.29.2015
State-run electricity and thermal power producer Electrocentrale Bucuresti (ELCEN) is in talks with heating distributor RADET to close a debt rescheduling protocol for a ten-year period, on condition more
-
Romanian Entrepreneurs Cautious About Taking On Debt
09.09.2015
Only 40 of the 100 largest entrepreneurial businesses in Romania have a debt ratio above their sector average, ZF has calculated based on Trade Registry and Finance Ministry data. more
-
Astra Asigurari Has Only RON3.5M In Its Accounts After 18 Months Of Special Administration
09.03.2015
Astra Asigurari, a company the Financial Supervisory Authority (ASF) decided had no solution for other than bankruptcy, only has 3.5 million lei (almost EUR790,000) in its accounts compared with RON20 more
-
Multinational Debt Ratio 50% Lower Than Romanian Entrepreneurs’
08.11.2015
The average debt ratio of the about 650,000 companies in Romania is 71%, almost double the average of the 100 largest companies by revenue, out of which 75 multinationals. more
-
BCR To Become Cemacon Stockholder, Through Debt Conversion
07.02.2015
Romania’s largest lender BCR, a unit of Austria’s Erste Group Bank (EBS.RO) will become stockholder of bricks producer Cemacon (CEON.RO), through the conversion into shares of part of the more
-
Banca Romaneasca: Romanian Operations Unimpacted By Greek Debt Crisis
06.30.2015
Banca Romaneasca operations are developed under normal conditions, as they are not impacted by the Greek debt crisis, the bank’s general manager, Ioannis Kougionas, stated Tuesday. more
-
Romanian Debt Collection Market Down 28% To EUR1.25B In 2014
05.27.2015
The Romanian debt collection market fell 28% to EUR1.25 billion in 2014, due to the 34% fall on individuals segment, but the value of collected debts rose 24% to EUR475 million, according to the data more
-
Ten Most Debt-Laden Sectors Have Over 80% Debt Ratio
04.09.2015
Coal mining, restaurant, building construction, advertising and gambling are among the ten most debt-laden industries, whose debt ratio exceeds 80%, according to a ZF ranking based on Finance Ministry more
-
Cemacon Reschedules EUR33M BCR Loan Payoff
03.20.2015
Brick manufacturer Cemacon has signed a n agreement with lender BCR to restructure a EUR33 million loan, the company announced Friday. more
-
Debt Recovery Specialist APS Expects EUR7m For Bankrupt Armonia Braila Mall
03.16.2015
Czech Republic-based debt recovery specialist APS that bought a large chunk of the non-performing loan portfolio of Austria’s Volksbank’s subsidiary in Romania last summer has also become a more
-
Cemacon, Investment Fund Agree On Converting RON58M Debt Into Shares
03.13.2015
Local brick maker Cemacon (CEON.RO) agreed with Netherlands-registered investment fund Business Capital For Romania Opportunity Fund Cooperatief UA on the conversion into shares of a Cemacon's debt more
-
State-Run Companies’ Debts Account For Almost Half Of Their Revenue
02.17.2015
The debts of state-run companies account for almost half of their revenue and most of the money is owed to the state budget. more
-
Romania, Among Very Few Countries Whose Debt-To-GDP Ratio Decreased Since 2007
02.06.2015
Romania is among the very few countries whose debt-to-GDP ratio has decreased since 2007, by seven percentage points, alongside Israel, Egypt, Saudi Arabia and Argentina, according to a study by more
-
Romania Targets Debt Sales Of RON40B And EUR3B In 2015
01.05.2015
Romania plans to borrow up to 40 billion lei (EUR8.9 billion) at auctions on the local market and 3 billion euros in foreign funding in 2015, according to the indicative plan of debt sales published more
-
Romania Cancels Bond Sale On Rising Yields
12.18.2014
Romania’s Finance Ministry cancelled a five-year bond auction scheduled for Thursday, due to increasing yields in the region following the Russian ruble decline, people in the industry told more
-
Romania Plans To Sell RON3.6B Treasuries In December
11.28.2014
Romania’s Finance Ministry plans to sell state treasuries worth 3.57 billion lei (EUR807.7 million) in December, similar with the amount raised in the previous month, the ministry said Friday. more
-
Romania Plans To Sell RON3.6B Treasuries In November
10.31.2014
Romania’s Finance Ministry plans to sell state treasuries worth 3.65 billion lei (EUR824.6 million) in November, down from RON4.1 billion raised a month earlier, the ministry said Friday. more
-
Romania Has Third Lowest Government Debt In EU - Eurostat
10.23.2014
Romania's government debt dropped by RON218 million in the second quarter compared to the first, to RON248.3 billion (38.5% of GDP), making it the third lowest public debt to GDP ratio in the European more