Results 176 - 200 from 304 for "debt"
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Ford Fine Cancelled By Government Debt To Carmaker
03.25.2014
US carmaker Ford will have to receive EUR15 million from the Romanian government even though the company should have been fined EUR14.25 million for its breach of the privatization contract. more
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Romania Mulls Euro-denominated Bonds To Refinance Debt
03.18.2014
Romania pursues a strategy of issuing liquid benchmark bonds and refinancing treasury bills via euro-denominated bonds to improve its public debt management, Budget Minister Liviu Voinea said Tuesday. more
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Bankrupt Swan Office Park Finds Two More Tenants
03.05.2014
Swan Office Park office complex in Pipera, northern Bucharest, which went bankrupt on more than 370 million lei (EUR82 million) debt in mid October 2013, has found two new tenants in the last few more
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Romanians Spend EUR15B On Loan Repayment, Fuel, Electricity And Heating
02.10.2014
Loan installments are the second biggest expense of Romanians after gas. The fear of losing their jobs and becoming unable to pay future bills will make them save the money left from the restructuring more
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Romania’s Second Largest Poultry Exporter Avicola Crevedia Goes Insolvent
02.10.2014
Avicola Crevedia, part of Agroli group controlled by Lebanese investor Rami Ghaziri, went insolvent at the request of the Arges-Vedea branch of Romania’s water administrator Apele Romane. more
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Ambient Trades Stores For Debt Cut
02.05.2014
Do-it-yourself and construction material distribution company Ambient, controlled by Sibiu businessman Ioan Ciolan, in late 2013 carried out an extensive financial overhaul process by which its debts more
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Isarescu: Debt Help Scheme A First Step Toward Differentiated Taxation
02.04.2014
Romanian central bank’s chief Mugur Isarescu said Tuesday the government’s planned debt relief scheme to help troubled debtors could be a first step toward implementing a differentiated tax more
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GSK Romania Used EUR66.8M Capital Hike To Pay Off Debts
01.16.2014
GSK Romania used the EUR66.8 million from its recent share capital raise to pay off debts to other divisions of the British pharmaceutical group, amassed due to extensive payment terms on the Romanian more
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Cemacon, BCR Reach Agreement In Principle On Debt Restructuring
11.05.2013
Romanian brick maker Cemacon (CEON.RO) on Tuesday said it has reached an agreement in principle with its main creditor, Banca Comerciala Romana (BCR), to restructure a EUR26.1 million loan package more
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Over 700,000 Romanians Are At Least One Month Overdue On Bank Loans
10.30.2013
Over 700,000 Romanians are currently more than one month overdue on their bank loan payments and 4.5 million people have taken out 7.5 million bank loans, Florin Danescu, executive president of the more
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Romanian Debt Collection Market Up 18% In 1H, To EUR747M
10.29.2013
The Romanian debt collection market rose 18% in the first half of 2013 to EUR747 million, from EUR615 million in the similar interval a year ago, the Debt Management Service Association (AMCC) said more
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Romanians Pay Loan Installments Of EUR6B Per Year To Banks
10.29.2013
The 4.3 million individual clients with ongoing loans pay bank installments of around EUR6 billion (RON27 billion), according to ZF calculations based on people’s indebtedness level, as it results more
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RCS&RDS Wants To Launch EUR350M Bond Issue On Foreign Markets
10.21.2013
Romanian telecom operator RCS&RDS will launch a 7-year bond issue on external markets on October 29, aiming to raise EUR350 million to refinance its current debts, people close to the matter told more
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Romania Sells RON700M 1-Year Bills; Yield Falls To Record Low Of 3.52%
10.07.2013
Romania’s Finance Ministry on Monday sold a planned 700 million lei (EUR158 million) in one-year treasury bills, with the average yield dropping to a record low of 3.52%. more
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Romania Will Get To 2008 GDP Level Only In 2014
10.03.2013
Romania’s real GDP will return to the pre-crisis level in 2014, after six years and after borrowing EUR20 billion from international lenders. The country’s the public debt has doubled in the more
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Romania’s Public Debt Doubles In Five Years To Over EUR50B
09.19.2013
Romania’s domestic and external public debt sped up during the five years since the crisis began, and has now more than doubled compared with the end of 2008, to over 250 billion lei (EUR56 more
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Romania Raises EUR1.5B In 7-Year Eurobond
09.12.2013
Romania raised EUR1.5 billion in a seven-year euro-denominated bond, at 295 points over the reference midswap rate, banking sources told MEDIAFAX Thursday. more
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Top 100 Romanian Entrepreneurs Crushed Under Debts; Need EUR5.6B In Cash
08.21.2013
The 100 largest companies controlled by Romanian entrepreneurs are over-indebted and would need EUR5.6 billion in fresh capital in order to reach European average indebtedness indicators in the more
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Romania Posts 4th Lowest Debt-to-GDP Ratio In EU In First Quarter
07.22.2013
Romania’s government debt reached 38.6% of the gross domestic product at the end of March, the fourth lowest level in the European Union, official data showed Monday. more
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BNR: Romania 1Q Public Debt Falls To 24.4% Of GDP
07.19.2013
Romania’s total public debt as a share of the gross domestic product shrunk to 24.4% at the end of March from 29.4% in the year-ago period, largely due to fewer share and other equity holdings and a more
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Most Insolvencies Triggered By High Debts, Mismanagement, Lower Consumer Demand
06.12.2013
Managers in Romania believe that lower consumer demand is the reason why the companies they run have gone insolvent, while facts show most of insolvencies were triggered by high debts and more
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Dobrogea Grup Owes EUR19.5M To Banks And Grain Traders
06.05.2013
Bancpost, Banca Italo-Romena, Alpha Bank and Banca Transilvania along with six grain traders including VA Intertrading, CHS, Brise Group, Alfred Toepfer and Cargill have about EUR19.5 million to more
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Ponta Confirms Romania Will Seek EU Permission To Convert Posta Romana Debts Into Shares
05.30.2013
Romania’s government is hoping the European Commission will allow it to convert some of the debts of state-owned postal company Posta Romana into shares so it can privatize the company, Prime more
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Firms With New Debts To State Budget May Ask For Second Debt Restructuring
05.29.2013
Romanian firms that amassed new debts to the state budget, after they had their older debts rescheduled, and were recently checked by tax authority ANAF may ask for a new debt restructuring, according more
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Romania To Seek EC Permission To Convert Posta Romana Debts Into Shares
05.29.2013
Romania’s government will ask the European Commission to approve the conversion into shares of the state budget debts registered by postal operator Posta Romana, and the company’s 107 million lei more