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Results 151 - 175 from 312 for "debt"

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  • 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

  • Government Approves CE Hunedoara - CNH Debt Takeover

    10.21.2014

    The Romanian government approved Tuesday an emergency decree whereby energy holding CE Hunedoara will take over the debt the coal mining company CNH owes the tax authority ANAF. more

  • 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

  • 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

  • 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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