11.07.2011

Private equity funds have invested EUR3 billion in Romania so far and they still have EUR1 billion available to take over local companies, but deals are blocked by the local entrepreneurs' refusal to more

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

11.01.2011

The Romanian private pension guarantee fund will operate starting the first half of 2012, private pension system regulator CSSPP said in a press release Tuesday. more

10.26.2011

Sales of private labels account for about 11% of the total volume of the retail market, but the percentage might double or even triple in ten years, considering Romania is among Europe’s laggards in more

10.25.2011

The average annualized yield of Romania’s mandatory private pension funds and voluntary pension funds reached 12.1% and 7.4%, respectively, since they were set up, and exceeded the average annual more

10.25.2011

Contributions to mandatory private pensions (Pillar II) will increase to 3.5% of the gross wage in 2012, from 3%, according to the draft state budget, said Tuesday Andreea Paul Vass, adviser to Prime more

10.25.2011

Private lending rose 2.7% in real terms to 221.4 billion lei (EUR51.21 billion) in September compared to August, central bank data showed Tuesday. more

10.17.2011

Romania's Government reserves the right to increase the value of a public-private partnership contract by up to 50% for services not provided by the initial draft, without a prior notice of more

10.17.2011

Romanian private consumption is likely to grow 1.7% in 2012, backed by stable savings levels and a low inflation, according to estimates of Juraj Kotian, analyst with Austria’s Erste Bank AG. more

10.17.2011

The net assets of Romania’s mandatory private pension funds (Pillar II) and voluntary pension funds (Pillar III) reached 6.2 billion lei (about EUR1.4 billion) at the end of September, up 2.2% from more

10.17.2011

Romanian mandatory and voluntary private pension funds (Pillar II and III) do not have direct exposure to any investment instrument issued by institutions in Greece, said Mircea Oancea, president of more

10.09.2011

Romania will ensure financing for private primary and secondary education starting next year, Education Minister Daniel Funeriu said Sunday on private television Pro TV. more

10.07.2011

Romanian Prime Minister Emil Boc said the Government has five major projects it wants to implement through public-private partnership – a hydropower plant, two new reactors for the Cernavoda nuclear more

10.07.2011

● Private clinics have doubled their number of doctors over the past five years ● How many doctors are leaving the public healthcare system ● Romania’s Health Ministry has no idea how many more

10.06.2011

The Bucharest Court of Appeals cancelled a 150,301 lei (EUR34,850) fine applied by the Competition Council in 2010 against private pension fund Aegon Fond de Pensii for breaching the law regulating more

10.02.2011

Anima, a private healthcare business started last year by A&D Pharma, the largest group in the local pharmaceutical industry, posted sales of EUR1.23 million in the first eight months of 2011. more

09.27.2011

The Romanian Chamber of Deputies on Tuesday adopted a bill which sets up the private pension guarantee fund, which will operate starting the first half of 2012, the Association for Private Pensions in more

09.26.2011

Contributors to the Romanian private pension funds will be able to choose between receiving pension as a life annuity or as a fixed sum paid during a determined period, according to a draft law put more

09.26.2011

Romanian companies looking to operate as private pension providers will need to have a minimum share capital of EUR5 million, half the amount proposed in December 2010, according to a new bill by the more

09.23.2011

Romanian private lending edged down 0.2% in real terms to 215.7 billion lei (EUR51 billion) in August compared to July, central bank data showed Friday. more

09.13.2011

Romanian authorities received bids from Pedersen&Partners, Agentia Professional SRL Bucuresti and the association between George Butunoiu and law firm Biris Goran for the recruitment of private more

09.11.2011

Hidroelectrica, Oltchim, SNLO, Electrica Furnizare and Romarm are the first companies under the authority of the Romanian Economy Ministry to have private management, according to an official more

09.08.2011

Hidroelectrica, Oltchim, Tarom and CFR Marfa are the companies for which Romanian authorities and the International Monetary Fund agreed to appoint private management, with the complete list ready by more

09.05.2011

The Economy Ministry this Monday starts the selection of consultants who will manage a project involving companies with over EUR10 billion in turnover: private management for state-owned companies. more

08.26.2011

Civil servants currently working in institutions that help manage European funds will no longer be allowed to move to the private sector to work for EU-funded projects, according to an emergency more