commercial

Bucharest public transport authority RATB should be turned into a commercial enterprise, to increase its independence and allow it to access European funds, general manager Adrian Crit said Wednesday.

The value of commercial debts will gain 10% this year, from EUR1.1 billion in 2009, with the highest impact segments including the residential segment, construction, transports, textiles, retail and distribution according to forecasts from the Romanian Commercial Debt Management Association (AMCC).