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Results 1 - 13 from 13 for "state-owned"

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  • EBRD Looks At SMEs And State-Owned Companies In Romania

    05.13.2014

    The European Bank for Reconstruction and Development is interested in buying stakes in Romanian state-owned companies, but is also mulling the country’s small and medium sized companies, said more

  • Romania Delays State-Owned Companies' Sale Calendar; Pledges To Continue Reforms

    01.28.2013

    Romania will launch an initial public offering of 15% in state-owned natural gas producer Romgaz by the end of October 2013, seven months later than initially planned, according to the country’s more

  • Hidroelectrica Administrator: Bad Management Widespread In State-Owned Companies

    08.22.2012

    Hydropower producer Hidroelectrica, which filed for insolvency on June 20, is not the only Romanian state-owned enterprise plagued by bad management, as many of the companies controlled by the more

  • Economy Ministry Requests Budget Revisions For Almost 50 State Companies

    01.19.2012

    Romania's Economy Ministry has asked the Government to revise the 2011 budgets of almost 50 state-owned companies, to include higher costs, and complained that the Finance Ministry has not approved more

  • Government Wants To Reduce State Enterprise Arrears By RON5-6B In 2012

    11.12.2011

    Romania's Government estimates that restructuring the state-owned enterprises monitored through the agreement with the IMF will reduce their arrears by 5-6 billion lei (EUR1.15-1.38 billion) next more

  • Who Will Recruit Managers For State-Owned Companies?

    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

  • World Bank: A Quarter Of Romania's State-Owned Cos Are Practically Bankrupt

    10.26.2011

    A quarter of Romania's 760 state-owned enterprises, such as RADET, CFR or Oltchim, are unprofitable, with nonviable assets and de facto bankrupt, meaning almost 100,000 employees would be left jobless more

  • Needed Skills For New Managers Of State-Owned Companies

    09.20.2011

    The profile of the future managers of state-owned companies should include significant experience of at least ten years in top management positions with market leading companies, as well as more

  • Government To Sign Major Contract With A Headhunter In A Week

    09.09.2011

    The 45 pages of regulations on the first tender launched by the Economy Ministry, for the project to install private management in state-owned companies, have confused recruiters. more

  • Basescu: All Objectives In Loan Agreement Met, Except Government Arrears

    07.31.2011

    Romanian President Traian Basescu said Sunday, after the meeting with the IMF, European Commission and World Bank delegation, that Romania has met all of its objectives in the loan agreement, except more

  • Croitoru, BNR: Banks Highly Selective In Lending To State-Owned Companies

    06.09.2011

    State-owned companies behave themselves when it comes to paying back bank loans, with overdue loans accounting for merely 0.1% of the total. This, however, is because the banks impose strict more

  • State-Owned Companies To Crack Down On Debtors

    05.15.2011

    The International Monetary Fund asked Romania to toughen up measures taken against clients who owe considerable sums to state-owned companies, using “legal measures” against those with arrears. more

  • IMF: Top-40 State-Owned Companies To Hire Private Managers

    05.10.2011

    Romania’s largest 30 to 40 state-owned companies will have private management, and the government will employ an internationally acknowledged head hunting firm for executive selection, according to more

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