Results 26 - 50 from 55 for "debts"
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Insolvent Vulcan’s Debts At RON193M; BCR Major Creditor
07.25.2013
Romanian steam generator and pump manufacturer Vulcan Bucuresti (VULC.RO), which entered insolvency in May this year, owes 193 million lei (EUR44 million) to 230 creditors. more
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Insolvent And Bankrupt Companies’ Overdue Debts Reached EUR2B End-April
06.17.2013
Insolvent and bankrupt companies in Romania had overdue debts of 9 billion lei (EUR2 billion) at the end of April for loans taken out from banks, which translates into nearly 40% of corporate more
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Romania May Extend Bid Submission Deadline For Posta Romana Privatization
05.23.2013
Investors interested in a majority stake in Romanian state-run postal company Posta Romana have asked for the extension of the deadline for the submission of bids after the country's tax authority more
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Romanian Government Converts Mining Company Debts Into Shares
04.30.2013
The Romanian government will write off the debts of mining company Remin Baia Mare to the state budget by converting them into shares, Prime Minister Victor Ponta said Tuesday. more
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CFR Cut State Budget Debts By 13% In 1Q/2013
04.08.2013
Romanian state-owned railway administrator CFR SA on Monday said it reduced its debts by 13% in the first quarter of the year, to 540 million lei (EUR122.4 million) from RON620 million, after paying more
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Ponta II Government Has EUR13 Billion To Repay In Four Years
12.19.2012
The Ponta II Government will be faced with the repayment of the bulk of the record EUR19 billion loan that Romania took out from foreign lenders. The loan was approved in 2009 during the Democrat more
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ZF: Romania Is More Colorful And Stronger, But It Should Mind Its Debts
11.19.2012
At its 14th anniversary, Ziarul Financiar notes that Romania has gradually become stronger and more colorful than it was in the '90s, but it should be careful about its piling debts. more
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Farmers To Receive Financial Aid Only Upon Paying Land Lease Dues
10.30.2012
The Romanian farmers will receive financial aid from the state only upon paying in turn, in due time, the dues resulted from the land lease and rental deals concluded with the State Domains Agency more
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AVAS Takes Under Administration Aversa’s Debts
09.26.2012
Romanian privatization authority AVAS will take under administration the debts managed by the country’s fiscal watchdog ANAF over pump factory Aversa, under bankruptcy, according to a legislative more
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Insolvent Hidroelectrica’s Administrator Rejects Claims Of RON1.2B
09.10.2012
The legal administrator of Romanian insolvent company Hidroelectrica rejected all reparation claims filed by firms which signed direct energy delivery contracts with the hydropower producer. more
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CFR Gets EUR174M Loan From EBRD
09.10.2012
Romania’s state-owned railway company CFR will receive a EUR174 million loan from the European Bank for Reconstruction and Development EBRD, guaranteed by the Government, for paying a state loan more
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Government OKs 7-Year Debt Payment For Public Television, Railway Companies
09.02.2012
Romania’s Government approved a memorandum Saturday extending the debt payment schedules of public television SRTV, freight railway company CFR Marfa, and railway company CFR SA to seven years. more
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Government Revises Debt Rescheduling System To Relieve Posta Romana Of Quick Payment To State
06.08.2012
The Romanian Government has revised for the first time the debt rescheduling system enforced last year to relieve state-owned postal company Posta Romana of immediately paying its overdue debts to the more
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Banks Sold EUR700M Bad Loans To Debt Collectors In 2011
04.19.2012
Bankers sold non-performing loans worth EUR684 million in 2011 to firms specializing in debt collection, with most transactions being reported between September and December, as many banks sought to more
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FOCUS: Lack Of Investments, Faulty Management Push CFR SA In Financial Hardship
04.05.2012
Romanian railway administrator CFR SA amassed debts of 4 billion lei (about EUR900 million) to the state budget due to inadequate financing, lack of investments and malfunctioning management. more
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Government OKs Conversion Of CFR’s Debts Into Shares
04.03.2012
The Romanian Government approved Tuesday an emergency ordinance whereby the debts of railway administrator CFR SA, amounting to 3.99 billion lei (about EUR917 million) at the end of last year, will be more
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Fiscal Authorities Freeze 3 Million Accounts For Debts Of RON10B In 2011
03.26.2012
Almost 30,000 Romanians and 240,000 companies had their accounts frozen by fiscal authorities after they failed to pay their taxes. more
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Government Wants To Convert CFR’s EUR900M Debt Into Shares
03.09.2012
The debts of Romanian state-owned railway operator CFR SA to the state budget and the risk fund, amounting to 3.99 billion lei (about EUR917 million) at the end of 2011, will be written off by the more
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Government To Ease Township Heating Debts With Treasury Money
03.05.2012
Romanian local authorities will be able to take out treasury loans to pay off debts to heat suppliers amassed by December 31, 2011, according to a bill drafted by the Government. more
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CFR Has Until Yearend To Pay Debts Without Added Penalties
02.10.2012
Romanian state-owned railway operators owe energy suppliers 1.2 billion lei (EUR275.6 million), and the Government allotted RON400 million at the end of 2011 to pay overdue bills, former Transport more
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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
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Electrica Has To Recoup EUR380M, But Borrows To Finance Its Activity
11.11.2011
Electrica, the only electricity distribution and supply company still in the portfolio of the Romanian state, says it has to recoup RON1.6 billion (EUR380.9 million) from companies to which it more
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Over 700,000 Romanians Have Past Due Debts With Banks Totaling RON7 Bln
11.10.2011
Past due payments on individual loans exceeded the 7 billion lei (EUR1.6 billion) mark in September, rising 42% in the past year. The volume of overdue household loans tripled against September 2009. more
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CFR To Receive Subsidies For Debts To Energy Suppliers
10.26.2011
Romanian state-owned railway companies CFR Calatori and CFR Infrastructura will receive state subsidies to pay their debts to electricity suppliers, Bogdan Chiritoiu, president of the competition more
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Tax Authority To Write Off Contributors’ Penalties If They Pay Debts By Yearend
10.09.2011
Romanian fiscal authority ANAF will write off individuals’ and companies’ debt penalties if they pay off debts and interest on overdue taxes by the end of the year, according to a Finance Ministry more