03.24.2022

The conflict in Ukraine is impacting the way Romanian companies, especially those involved in international trade, do business during this period, with the number of firms resorting to risk management more

02.07.2022

The European Bank for Reconstruction and Development (EBRD) will guarantee up to 65% of each individual loan granted by Raiffeisen Bank to eligible clients and its commitment could reach up to EUR100 more

12.01.2021

Most large banks reported rising profits in the first nine months of 2021 compared with the same period of 2020 amid the waning fallout of the coronavirus crisis and the declining risk charges and more

07.07.2021

The COVID-19 crisis was less severe than bankers feared, and the current scenario is even better than their most optimistic expectations. more

06.24.2021

Romanians have become more interested in the protection offered by insurance in the wake of the COVID-19 pandemic and four in ten Romanians said they were more interested in health insurance than more

01.19.2021

Business interruption, pandemic outbreak and cyber incidents are the top three business risks globally for 2021, all strongly interlinked, according to the latest Allianz Risk Barometer survey. more

01.31.2020

Romania was the EU country with the highest in-work at-risk-of-poverty rate in the European Union in 2018, with 15.3% of its employed population at risk, Eurostat data showed Friday. more

01.15.2020

Construction and real estate companies continue to carry the highest credit risk, despite having seen the highest decline in the non-performing loan ratio in the past year. more

01.10.2020

Romania’s banking system has better prudentiality, solvency, profitability and balance sheet structure indicators than the European average. more

10.08.2019

Romania's capital Bucharest has 2,550 buildings at risk of collapse in case of earthquake and, at the current pace of consolidation works, it would take City Hall 425 years to consolidate all of them. more

05.29.2019

Romania has benefited from significant economic growth in the last few years, but despite that, the business sector is still having some difficulties, some of which can be found on other European more

05.23.2019

The sector of road freight transport remains vulnerable on the local market, being closely linked to the infrastructure in Romania, in the context in which over half of companies face an insolvency more

08.01.2018

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07.25.2018

The World Bank’s Board of Executive Directors on Wednesday approved a EUR50 million for the Romania Strengthening Disaster Risk Management Project, the institutions said in a press release. more

07.17.2018

Over 38% of Romania's population is exposed to risks of poverty and social exclusion, 15.3 points above the EU average of 23.5%, Eurostat data showed Tuesday. more

06.27.2018

The World Bank’s Board of Executive Directors on Wednesday approved a EUR400 million Disaster Risk Management Development Policy Loan for Romania to support the country's efforts to effectively more

06.18.2018

ING Bank Romania has appointed Thomas Bernert as its new chief risk officer (CRO) starting August 1, to replace Ronald Oort, who was appointed CRO at ING Spain. more

06.14.2018

Loan non-payment risks are the greatest threat to Romania's financial stability, central bank governor Mugur Isarescu said Thursday at the presentation of the central bank's report on financial more

12.08.2017

Construction and real estate companies still have the highest credit risk, even though they saw the most significant decline in the non-performing loan ratio, while the services and utilities sector more

07.18.2017

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06.15.2017

Romania is going through a favorable time for its economy, for business, customers are better prepared but we must not let ourselves be fooled by the weather outside, says Sergiu Manea, chief more

05.25.2017

Companies in Romania have a poor internal organization and high indebtedness, which means they need to pay more attention to financial management, as well as to generating cash and boosting more

03.06.2017

Romania is regarded by international markets as a low-risk investment, as the credit default swap dropped to 100 basis points, a nine-year low. more

01.19.2017

Romania’s Competition Council head Bogdan Chiritoiu on Thursday said state-owned railway freight carrier CFR Marfa is in dire straits and at risk of bankruptcy if the European Commission deems its more

10.19.2016

Romania is at its best in twenty-six years in terms of macroeconomics, but also faces unprecedented risk, Romania’s central bank governor Mugur Isarescu said at the Country Risk 2016 conference. more