Finance - Business Review


money and stethoscope

Japanese rating agency reconfirms BBB/BBB+ rating for Romania

Finance March 27, 2017 16:41 0 comments

The Japan Credit Rating Agency (JCR) reconfirmed the stable perspective and the BBB/BBB+ rating of Romania for the long term debt in foreign currency, respectively the local currency, according to a Monday press release of…more »


Romania to borrow EUR 60 mln from IBRD for legal services improvement

Finance March 24, 2017 14:15 0 comments

The Romanian state will borrow EUR 60 million from the International Bank for Reconstruction and Development (IBRD), as part of an improvement program implemented at the level of the Justice Ministry, the National Office of…more »


ASF to support the acquisition of City Insurance by Swiss investor Max Roessler

Finance March 24, 2017 11:14 0 comments

Misu Negritoiu, the president of the Financial Supervision Authority (ASF), met with the Swiss investor Max Roessler to finalize the negotiations for the take over, City Insurance, the insurer that is in financial recovery. City…more »

Dimitrios Goranitis_Deloitte Romania

Deloitte Romania names new partner

Finance March 23, 2017 18:41 0 comments

Professional services firm Deloitte Romania has appointed Dimitrios Goranitis as Financial Services Industry Risk and Regulatory Advisory partner, thus expanding this practice in the country. He will lead Deloitte’s risk service offering in Central Europe,…more »

public budget debtors

Marian-Marius Florea appointed vice president of ANAF

Finance March 23, 2017 16:30 0 comments

Marian-Marius Florea was appointed as vice president of the administration agency ANAF,  as understate secretary, coordinator of the general department against tax fraud, following a decision of PM Sorin Grindeanu.  Florea’s attributions were related to…more »


Banca Transilvania and OTP Bank Romania to finance VOX Technology Park in Timisoara

Finance March 21, 2017 15:24 0 comments

Banca Transilvania and OTP Bank Romania will provide finance for VOX Technology Park, the office project developed by Werk Property Group and that will open its doors in Timisoara at the end of 2017. The…more »


Cretu: European Commission wants more details on Romania’s hike of pensions and salaries

Finance March 21, 2017 12:45 0 comments

The European Commission, the executive arm of the European Union, is waiting for documents from the Romanian government on the sustainability of the planned hikes of salaries and pensions and for proofs that such measures…more »

public budget debtors

ANAF to intensify audits in fiscal risk areas until April 15

Finance March 21, 2017 10:31 0 comments

The representatives of National Agency of Fiscal Administration (ANAF) will identify the taxpayers who have bills from fictitious operations and will intensify the audits in fiscal risk areas until April 15, according to a press…more »

romanian CFOs

Most CFOs in Romania expect 2.6 pct growth of GDP this year, says Deloitte survey

Finance March 20, 2017 13:55 0 comments

Most of the Romanian CFOs surveyed by professional services firm Deloitte expect their revenues to increase in the following year, while almost half of them expect the local economy to grow by 2.6 percent of…more »

Mircea Ursache

Romanian state’s stake in sovereign fund to reach RON 40 bln, says ASF

Finance March 14, 2017 17:12 0 comments

The stake of the Romanian state in the sovereign development fund will reach RON 40 billion, almost double than the social capital of Fondul Proprietatea’s IPO, said this Tuesday Mircea Ursache, vice-president of the Financial…more »