Results 151 - 175 from 290 for "debt"
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Ambient Owner Transfers 10% To BCR Fund To Settle EUR4.5m Debt
09.29.2014
Businessman Ioan Ciolan, the majority shareholder of Sibiu-based do-it-yourself retail and construction material distribution company Ambient, transferred 9.99% in it to an investment fund of BCR, more
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Debt Collectors Manage To Recover Money From Only 25% Of Debtors In A Portfolio
09.16.2014
Debt collection companies manage to recover money from only one quarter of the debtors included in an acquired portfolio, as half of the total debtors cannot be found, while another 25% have no money more
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CE Hunedoara Takes Over RON2.5M Tax Debt From Coal Mining Company CNH
08.27.2014
Romanian energy holding CE Hunedoara will take over a debt of RON10.84 million (EUR2.5 million) the coal mining company CNH owes the tax authority, according to a draft emergency decree drawn up the more
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Ten Airways Ends Collaboration With Fly Romania Over EUR400,000 Unpaid Debt
08.05.2014
Romanian businessman Ovidiu Tender announced Tuesday his airline Ten Airways has ceased its collaboration with airline Fly Romania over unpaid debts amounting to EUR400,000. more
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20 Most Debt-Laden Malls Owe EUR2B
07.04.2014
The 20 most debt-laden shopping centers in Romania owe EUR1.9 billion together, ten times the revenue they posted last year, due to the high loans they took out during the boom days of the local real more
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Survey: Two Thirds Of Romanians Have Debts, 50% Owe More Than RON5,000
05.19.2014
Two out of three Romanians have debts and half of them owe more than RON5,000, according to a survey ordered by debt collection firm Kruk Romania. more
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Bucharest's Liberty Center Has Only 50 Stores Left
05.14.2014
The Liberty Center mall in southwest Bucharest district Rahova, an about EUR70 million investment completed at the end of 2008, is still ailing two years after its creditors, Alpha Bank, Eurobank and more
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Romanian Government Writes Off Debts Of 15 Arms Companies, Citing Geopolitical Context
05.13.2014
The Romanian Government has decided to write off tax debts owed by 15 companies in the defense industry that manufacture or sell weapons, ammunition and military equipment, citing the current more
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Romania Sells Debt Worth RON1.3B At Two Auctions
04.24.2014
Romania’s Finance Ministry sold debt worth 1.3 billion lei (EUR290 million) at two auctions Thursday, in line with its initial target. more
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Romania Could Expect Bids For Posta Romana In June-August - Minister
04.10.2014
Romania will resume the privatization process of its postal operator Posta Romana once the European Commission accepts a conversion of the company’s debt into shares and bids may be expected in more
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Raiffeisen Bank: Private Debt Level Is Elevated; Companies Need More Capital
04.09.2014
Private indebtedness levels in Romania are high for both population and companies, which need more capital to stay competitive, said Ionut Dumitru, chief senior economist with Raiffeisen Bank Romania. more
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Ford Fine Cancelled By Government Debt To Carmaker
03.25.2014
US carmaker Ford will have to receive EUR15 million from the Romanian government even though the company should have been fined EUR14.25 million for its breach of the privatization contract. more
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Romania Mulls Euro-denominated Bonds To Refinance Debt
03.18.2014
Romania pursues a strategy of issuing liquid benchmark bonds and refinancing treasury bills via euro-denominated bonds to improve its public debt management, Budget Minister Liviu Voinea said Tuesday. more
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Bankrupt Swan Office Park Finds Two More Tenants
03.05.2014
Swan Office Park office complex in Pipera, northern Bucharest, which went bankrupt on more than 370 million lei (EUR82 million) debt in mid October 2013, has found two new tenants in the last few more
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Romanians Spend EUR15B On Loan Repayment, Fuel, Electricity And Heating
02.10.2014
Loan installments are the second biggest expense of Romanians after gas. The fear of losing their jobs and becoming unable to pay future bills will make them save the money left from the restructuring more
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Romania’s Second Largest Poultry Exporter Avicola Crevedia Goes Insolvent
02.10.2014
Avicola Crevedia, part of Agroli group controlled by Lebanese investor Rami Ghaziri, went insolvent at the request of the Arges-Vedea branch of Romania’s water administrator Apele Romane. more
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Ambient Trades Stores For Debt Cut
02.05.2014
Do-it-yourself and construction material distribution company Ambient, controlled by Sibiu businessman Ioan Ciolan, in late 2013 carried out an extensive financial overhaul process by which its debts more
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Isarescu: Debt Help Scheme A First Step Toward Differentiated Taxation
02.04.2014
Romanian central bank’s chief Mugur Isarescu said Tuesday the government’s planned debt relief scheme to help troubled debtors could be a first step toward implementing a differentiated tax more
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GSK Romania Used EUR66.8M Capital Hike To Pay Off Debts
01.16.2014
GSK Romania used the EUR66.8 million from its recent share capital raise to pay off debts to other divisions of the British pharmaceutical group, amassed due to extensive payment terms on the Romanian more
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Cemacon, BCR Reach Agreement In Principle On Debt Restructuring
11.05.2013
Romanian brick maker Cemacon (CEON.RO) on Tuesday said it has reached an agreement in principle with its main creditor, Banca Comerciala Romana (BCR), to restructure a EUR26.1 million loan package more
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Over 700,000 Romanians Are At Least One Month Overdue On Bank Loans
10.30.2013
Over 700,000 Romanians are currently more than one month overdue on their bank loan payments and 4.5 million people have taken out 7.5 million bank loans, Florin Danescu, executive president of the more
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Romanian Debt Collection Market Up 18% In 1H, To EUR747M
10.29.2013
The Romanian debt collection market rose 18% in the first half of 2013 to EUR747 million, from EUR615 million in the similar interval a year ago, the Debt Management Service Association (AMCC) said more
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Romanians Pay Loan Installments Of EUR6B Per Year To Banks
10.29.2013
The 4.3 million individual clients with ongoing loans pay bank installments of around EUR6 billion (RON27 billion), according to ZF calculations based on people’s indebtedness level, as it results more
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RCS&RDS Wants To Launch EUR350M Bond Issue On Foreign Markets
10.21.2013
Romanian telecom operator RCS&RDS will launch a 7-year bond issue on external markets on October 29, aiming to raise EUR350 million to refinance its current debts, people close to the matter told more
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Romania Sells RON700M 1-Year Bills; Yield Falls To Record Low Of 3.52%
10.07.2013
Romania’s Finance Ministry on Monday sold a planned 700 million lei (EUR158 million) in one-year treasury bills, with the average yield dropping to a record low of 3.52%. more