02.18.2015

Italy’s utility Enel has temporarily suspended the sale of its Romanian assets, as it already managed to reduce its debts following the successful completion of several transactions included in the more

02.05.2015

The concentration degree in the Romanian banking system has increased modestly over the last three years, with respect to banks holding market above 5%. more

02.02.2015

Irish cement maker CRH will buy most of the cement assets that French group Lafarge and Swiss construction materials maker Holcim must sell ahead of their planned merger, including the Romanian more

01.19.2015

Private pension funds in Romania are seen reaching RON26.3 billion in assets at the end of this year, of which RON25 billion on the mandatory segment (Pillar II), Raluca Tintoiu, head of the local more

01.07.2015

Voluntary private pension funds (Pillar III) had an average yield of 7.45% last year, from 11.33% in 2013, and total net assets of RON1.04 billion (EUR232 million) in December 2014, 28% higher than in more

01.07.2015

Mandatory private pension funds (Pillar II) had an average yield of 8.71% last year, from 11.75% in 2013, and reached total assets of RON19.1 billion (EUR4.26 billion) in December 2014, 37% higher more

12.29.2014

The assets of Romanian mandatory (Pillar II) and voluntary (Pillar III) private pensions are expected to reach nearly 26.3 billion lei at the end of 2015, of which Pillar II will total some RON25 more

12.04.2014

Assets managed by private pension funds in Romania reached RON18.8 billion at the end of September, up 27.12% from the end of 2013, and account for 2.8% of Romania's gross domestic product, according more

09.25.2014

Italy’s utility Enel wants to get 1.7 billion-1.8 billion euros for the three Romanian units put up for sale, compared with the state’s evaluation of maximum EUR1.3 billion, otherwise it might more

08.19.2014

Euroconsult, the liquidator of Ecodiesel, which bought Crisana refinery in 2008, will put up for sale together the company’s assets, including the refinery, a biodiesel plant and plots of land more

08.05.2014

Romanian drilling company Dafora Medias (DAFR.RO) Tuesday said it plans to sell assets worth 29.8 million lei (EUR6.7 million) that are not related to its core business. more

08.04.2014

Romanian building materials maker Prefab Bucuresti (PREH.RO), owned by businessman Marian Petre Milut, plans to sell several assets, including a 12-room villa in the seaside resort Jupiter and a more

07.29.2014

Romania’s state-run energy company Termoelectrica has sold several assets, including its thermal power plant in Doicesti, to European Energy Communications SRL for 60.89 million lei (EUR13.8 more

07.11.2014

Italy’s utility Enel started the sale process of its energy distribution and sale assets in Romania and the energy generation assets in Slovakia, as part of a program aimed at reducing the group’s more

07.09.2014

The net assets of Romanian mandatory (Pillar II) and voluntary (III) private pension funds reached 17.5 billion lei (EUR4 billion) at the end of June, up 18.6% compared with December 2013, the more

05.21.2014

The assets of Romania’s mandatory private pension funds (Pillar II) rose by nearly RON3 billion in the last 6 years, reaching RON15.46 billion (EUR3.47 billion), the Pension Fund Association (APAPR) more

05.20.2014

The Romanian unit of RBS, which became a branch of UK’s The Royal Bank of Scotland, Edinburgh, last September, returned among profitable banks in 2013 thanks to its 9.1 million lei (EUR2 million) more

04.17.2014

Romania's government will allow the state property authority RA-APPS to lease the buildings it manager after failing to sell the assets at auction, as analysts have been warnings for two years. more

04.09.2014

Private pension funds in Romania may invest EUR500 million on the capital market, in new public offerings, between 2014 and 2015, said Raluca Tintoiu, general manager of ING Pensii. more

04.08.2014

Romanian insolvency practitioner Casa de Insolventa Transilvania (CITR) sold real estate assets in of around EUR10 million in March, including a EUR1 million penthouse in the Alia Apartments more

03.27.2014

Banks see improvement in asset liquidation sales and support company restructuring outside of insolvency procedures, which they consider simpler and less costly than insolvency. more

03.11.2014

The combined net assets of Romanian open-end investment funds rose 3.17% to 13.98 billion lei (a little over EUR3 billion) in February, from RON13.55 billion a month earlier, data from the local more

02.25.2014

Romanian lender Banca Transilvania (TLV.RO) targets this year a 10% increase in both the number of clients and the value of managed assets for its private banking division, the bank said in a more

02.14.2014

Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) registered profit of nearly RON48 million in January, which accounts for 60% of the fund’s profit of RON80.2 million for the whole of more

02.12.2014

The combined net assets of Romanian open-end investment funds rose 4.4% to 13.55 billion lei (EUR3.02 billion) in January, from around RON13 billion a month earlier, data from the local Association of more