01.16.2013

Only 20% of Romanians can afford to use private medical services and the chances of people on low income to receive quality public healthcare will diminish if money from the National Health Insurance more

01.16.2013

The assets of Romanian mandatory (Pillar II) and voluntary (Pillar III) private pensions will reach 13.8 billion (around EUR3.1 billion) at the end of 2013, up 35% from December 2012, according to more

01.07.2013

Romanian mandatory and voluntary private pension funds posted average yields of 10.5% and 9.96% last year, respectively, and reached total net assets of 10.23 billion lei (EUR2.3 billion) in December more

12.28.2012

Romanian private lending fell 0.5% in real terms to 229 billion lei (EUR51.7 billion) in November, from RON230.1 billion a month earlier, central bank data showed Friday. more

12.16.2012

Romania's industry privatization authority OPSPI has signed a frame contract worth 22.1 million lei (about EUR5 million), VAT included, with several firms for assistance in the selection of managers more

12.12.2012

The future single watchdog of Romania’s financial markets could be no more than a formal change because it is still parties who appoint the management. more

12.06.2012

Romanian mandatory private pension fund (Pillar II) administrators will be forbidden to invest in private equity real estate or in securitized financial instruments starting January 1, 2013, according more

11.29.2012

Medical service provider Romar, held by the Hagicalil family and investment fund RC2, is in talks with a foreign partner to open a 40 to 50-bed hospital in Bucharest. more

11.27.2012

Romanian banks have drawn the attention of London-based private equity fund AnaCap, which specializes in buying orphaned subsidiaries. The fund is ready to come up with “substantial capital” in more

11.26.2012

Erste Private Banking Romania, the private banking arm of the country’s largest bank BCR, estimates full-year transactions with investment products of EUR420 to EUR430 million, up from EUR401 more

11.26.2012

Executive search companies Spengler Fox, Amrop, Boyden and consulting and audit firm PwC on Monday submitted offers to recruit private managers for Romania’s state-run companies, people close to the more

11.26.2012

Romanian private lending fell 0.6% in real terms to 230.1 billion lei (EUR50.8 billion) in October, from RON230.8 billion a month earlier, central bank data showed Monday. more

11.20.2012

Romania’s draft state budget for 2013 states the sum needed to increase the rate of contribution to mandatory private pension funds (Pillar II) from 3.5% to 4% of employees’ gross wages, Ileana more

11.01.2012

Romania’s private pension system administrator CSSPP wants to forbid mandatory private pension fund administrators to invest in private equity funds, and the measure will impede investments in the more

10.23.2012

Romanian private lending inched up 0.1% in real terms to 230.78 billion lei (EUR50.4 billion) in September, from RON227.93 billion a month earlier, central bank data showed Tuesday. more

10.22.2012

Romanian state-owned port administrator Administratia Porturilor Maritime Constanta and navigable Danube canal administrator Administratia Canalelor Navigabile have finished the selection of private more

10.12.2012

The market of private medical services will grow at a lower rate in the coming period than in previous years and the first talks have emerged about the industry getting crowded. more

10.02.2012

Romanian private healthcare service provider Regina Maria, owned by private equity firm Advent International, Tuesday said it opened the first private hospital on the local market exclusively more

10.02.2012

An analysis of the balance sheets of Romania’s ten largest private universities shows that they made EUR121 million in revenue from the tuition and other fees paid by their students. more

09.25.2012

Romania’s private healthcare services got cheaper while the number of clients increased over fierce competition in this sector, Fady Chreih, chief executive of medical services provider Regina more

09.25.2012

Romanian private lending fell 2.1% to 227.93 billion lei (EUR50.4 billion) in August, from RON231.5 billion a month earlier, central bank data showed Tuesday. more

09.21.2012

Romania’s Transport Ministry will start Monday the interviews to select the members of the Managing Board and general manager with airline Tarom, based on the lists provided by the consultancy more

08.24.2012

Romanian private lending rose 1.4% to 231.56 billion lei (EUR51.6 billion) in July, from RON227.08 billion a month earlier, central bank data showed Friday. more

08.20.2012

Romania's mandatory and voluntary private pension funds gained 332,190 contributors between July 2011 and July 2012, growing from 5.34 million to 5.67 million participants, according to data published more

08.20.2012

Investors, old and new, have announced plans to invest over EUR150 million in private clinics and hospitals in Romania, some of which should be completed this year and others in 2013 or later, more