The insolvency of Hidroelectrica and the legislative amendments raise uncertainties for investors - financiare.ro
 Home Page  | News  | Exchange Rates  | Interbank Rates  | Central Banks  | Capital Markets Authorities  | Romanian Banks  | Archive  | Romanian  
 Finance-Banks  | Economy  | Business  | Capital Markets  | Real Estate  | Cars  | Travel  | HR Careers Education  | Media  | IT & C  | Environment 

News » June, 2012 » 29 June 2012

The insolvency of Hidroelectrica and the legislative amendments raise uncertainties for investors
29.06.2012, 00:00 | Energy | 615 views



The insolvency of "Hidroelectrica" and the amendments pertaining to the labor legislation and the fiscal system present uncertainties for investors, considers Steven van Groningen, the CEO of Raiffeisen Bank Romania.

"The changes in legislation, the changes of the fiscal system, what is happening now with Hidroelectrica contributes to higher uncertainties for investors", he said. "Banks have their part, but we can't force somebody to invest, we can't force someone to consume. What is important is that we understand what we need to improve the business environment in Romania to become more competitive".

Read more on Bursa.ro




Latest news in category Energy

President Klaus Iohannis answered a media question about the South Stream gas pipeline on Thursday by saying Romania will seek new opportunities for consolidating its energy independence and for connecting to the European energy systems. read more...


Prime Minister Victor Ponta in Medias on Thursday, after having paid a visit to Transgaz and Romgaz, said that if the gas exploitation began in the Black Sea, by 2019, there should be enough gas for Romania and the Republic of Moldova. read more...


Russian gas supplies to Romania this Monday were 9.2 percent below normal (and so where Sunday’s shipments) although initially Gazprom had announced a 10.6 percent cut for the day, representatives of the Energy Department told. read more...


Subscribe to newsletter
Name:
E-mail:
News: Yes  No 
Exchange Rates: Yes  No 


Top news last 7 days


Publicitate pe acest site
Copyright 1999-2017 Pandora Impex SRL.