04.18.2012

The net assets of Romania’s mandatory private pension funds (Pillar II) and voluntary pension funds (Pillar III) amounted to 7.75 billion lei (EUR1.7 billion) at the end of March, up 3.62% on the more

04.10.2012

The Arcadia group based in Iasi (NE Romania), which comprises Arcadia Hospital, Arcadia Policlinic and Arcadia Cardio, controlled by the Fiterman family, posted EUR7.7 million turnover in 2011, the more

04.09.2012

Romania’s mandatory pension funds (Pillar II) reported net profit of over RON1 billion (EUR228 million) between May 2008 and March 2012, according to an analysis by the Association for Romanian more

04.04.2012

Private medical services, one of the most dynamic sectors of the economy, continued to grow last year, making the top ten players more than EUR200 million in revenue, almost half of the entire market. more

03.30.2012

There are currently 22 large and medium-sized private hospitals in Romania, 10 of them in Bucharest alone, shows a ZF analysis based on existing data. ZF has for the first time reviewed the largest more

03.28.2012

More and more doctors are leaving the Romanian public sector for the private sector, attracted by higher salaries and especially the equipment in private hospitals, Monica Baluta, HR manager at more

03.28.2012

The big winners of the local retail market, where price has been the most important factor in buying decisions over the last three years, are the private labels of the major retailers, an almost more

03.26.2012

Romanian private lending fell 0.7% in real terms to 222.28 billion lei (EUR50.8 billion) in February compared with the previous month on the back of a decrease in leu-denominated loans, central bank more

03.15.2012

The assets of Romania's mandatory (Pillar II) and voluntary pension funds (Pillar III) reached 7.48 billion lei (EUR1.71 billion) at the end of February 2012, up 4.2% from January, private pension more

03.14.2012

Private managers will firstly be installed at state-run companies Oltchim (OLT.RO), Romarm and Hidroelectrica, and then to Electrica Furnizare, Economy Minister Lucian Bode said Wednesday after a more

03.12.2012

Private medical services operator Medicover estimates the hospital it opened Monday in Bucharest, which entailed over EUR20 million in investments, has the potential to generate revenues of EUR15 more

03.06.2012

The National Investment Company (CNI) plans to extend its activity to carry out projects for private investors, alongside projects involving public works, according to a bill drafted by Romania’s more

02.27.2012

Romania’s largest bank by assets Banca Comerciala Romana (BCR) Monday said its private banking business rose 29% to over 2,000 customers at the end of 2011, with total assets under management worth more

02.23.2012

Romanian private lending fell 0.6% in real terms to 222.5 billion lei (EUR51 billion) in January compared with the previous month on the back of a decrease in leu-denominated loans, central bank data more

02.15.2012

The assets of Romania’s mandatory private pension funds (Pillar II) and voluntary pension funds (Pillar III) reached 7.14 billion lei (EUR1.6 billion) at the end of January 2012, up 4.7% from more

02.13.2012

Businessman Nicolae Sarcina, who owns the Succes store chain, plans to focus on hypermarkets and private brands in 2012. more

01.31.2012

The weighted average yield of Romania's mandatory private pension funds (Pillar II) between May 2008 and December 2011 was 11.7%, more than double the annual average inflation rate for the period, more

01.30.2012

The assets of Romanian mandatory (Pillar II) and voluntary (III) private pensions will exceed EUR2.3 billion by the end of this year, from around EUR1.6 billion in December 2011, due to increased more

01.26.2012

The Bucharest Court of Appeals cancelled a 391,809 lei (EUR90,286) fine applied by the Competition Council in 2010 against private pension fund BCR Pensii for breaching the law regulating the more

01.25.2012

Romanian private lending rose 3.3% in real terms to 223 billion lei (EUR51.3 billion) in December 2011 compared with the same month a year earlier, central bank (BNR) data showed Wednesday. more

01.23.2012

The net assets of Romania’s private pension funds might rise to 1.66% of the gross domestic product by the end of the year, from 1.22% in September 2011, when they reached 6.2 billion lei (EUR1.4 more

01.16.2012

The assets of Romania’s mandatory private pension funds (Pillar II) and voluntary pension funds (Pillar III) rose by 47% in 2011 to 6.85 billion lei (about EUR1.6 billion), private pension regulator more

01.10.2012

Clients of private pension funds would have earned twice as much if they had they placed their money in banks. more

01.06.2012

Romanian mandatory private pension funds (Pillar II) posted a cumulated profit of 108.4 million lei (EUR24.9 million) in 2011, down 72% on the year, due to the reduction of the weighted average yield more

12.27.2011

Romania's private lending rose 0.8% in real terms to 223.8 billion lei (EUR52.15 billion) in November from a month earlier, central bank data showed Tuesday. more