12.05.2011

The government will pay EUR250,000 to the headhunter that will find the right manager for Hidroelectrica, the most valuable asset of the Economy Ministry, valued at EUR3.49 billion. This figure was more

11.25.2011

Romania’s private pension system regulator CSSPP has appointed former labor minister Mihai Seitan to head the private pension guarantee fund for the next four years. more

11.24.2011

Romanian private lending fell 0.8% in real terms to 221.03 billion lei (EUR50.7 billion) in October from a month earlier, central bank data showed Thursday. more

11.24.2011

Mandatory private pension funds have narrowly escaped the severe corrections recorded on the stock exchanges under the impact of the sovereign debt crisis and posted yields of up to 5.7% over the past more

11.16.2011

Romania will have up to 20 private health insurance houses "fighting over clients" by 2013, said Cristian Vladescu, head of the National Public Health and Sanitary Management School, in the Romanian more

11.15.2011

The net assets of Romania’s mandatory private pension funds (Pillar II) and voluntary pension funds (Pillar III) reached 6.45 billion lei (about EUR1.48 billion) at the end of October, up 4.01% on more

11.10.2011

Private pension contributions amassed in pension funds on Pillar II (mandatory private pensions) will be transferred to funds with low-risk investments 10 years before the contributor retires, to more

11.10.2011

The initial contribution to the Romanian private pension guarantee fund will amount to about EUR500,000 and will be paid by private pension fund administrators and pension providers by May 1, 2012, more

11.07.2011

Private equity funds have invested EUR3 billion in Romania so far and they still have EUR1 billion available to take over local companies, but deals are blocked by the local entrepreneurs' refusal to more

11.02.2011

The largest head-hunters of the local market, who “hunt” top executives and charge EUR25,000 to EUR30,000 for it, will get in the race for the most ambitious recruitment project in Romania at the more

11.01.2011

The Romanian private pension guarantee fund will operate starting the first half of 2012, private pension system regulator CSSPP said in a press release Tuesday. more

10.26.2011

Sales of private labels account for about 11% of the total volume of the retail market, but the percentage might double or even triple in ten years, considering Romania is among Europe’s laggards in more

10.25.2011

The average annualized yield of Romania’s mandatory private pension funds and voluntary pension funds reached 12.1% and 7.4%, respectively, since they were set up, and exceeded the average annual more

10.25.2011

Contributions to mandatory private pensions (Pillar II) will increase to 3.5% of the gross wage in 2012, from 3%, according to the draft state budget, said Tuesday Andreea Paul Vass, adviser to Prime more

10.25.2011

Private lending rose 2.7% in real terms to 221.4 billion lei (EUR51.21 billion) in September compared to August, central bank data showed Tuesday. more

10.17.2011

Romania's Government reserves the right to increase the value of a public-private partnership contract by up to 50% for services not provided by the initial draft, without a prior notice of more

10.17.2011

Romanian private consumption is likely to grow 1.7% in 2012, backed by stable savings levels and a low inflation, according to estimates of Juraj Kotian, analyst with Austria’s Erste Bank AG. more

10.17.2011

The net assets of Romania’s mandatory private pension funds (Pillar II) and voluntary pension funds (Pillar III) reached 6.2 billion lei (about EUR1.4 billion) at the end of September, up 2.2% from more

10.17.2011

Romanian mandatory and voluntary private pension funds (Pillar II and III) do not have direct exposure to any investment instrument issued by institutions in Greece, said Mircea Oancea, president of more

10.09.2011

Romania will ensure financing for private primary and secondary education starting next year, Education Minister Daniel Funeriu said Sunday on private television Pro TV. more

10.07.2011

Romanian Prime Minister Emil Boc said the Government has five major projects it wants to implement through public-private partnership – a hydropower plant, two new reactors for the Cernavoda nuclear more

10.07.2011

● Private clinics have doubled their number of doctors over the past five years ● How many doctors are leaving the public healthcare system ● Romania’s Health Ministry has no idea how many more

10.06.2011

The Bucharest Court of Appeals cancelled a 150,301 lei (EUR34,850) fine applied by the Competition Council in 2010 against private pension fund Aegon Fond de Pensii for breaching the law regulating more

10.02.2011

Anima, a private healthcare business started last year by A&D Pharma, the largest group in the local pharmaceutical industry, posted sales of EUR1.23 million in the first eight months of 2011. more

09.27.2011

The Romanian Chamber of Deputies on Tuesday adopted a bill which sets up the private pension guarantee fund, which will operate starting the first half of 2012, the Association for Private Pensions in more