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Radu, UniCredit: Entrepreneurs prefer to keep money in an account rather than support their businesses

Posted on December 6th, 2009

Radu, UniCredit: Entrepreneurs prefer to keep money in an account rather than support their businesses

Many Romanian company owners are primarily concerned about preserving their living standards, and prefer to file for insolvency rather than add to their capital, whilst multinationals boost the capital of their subsidiaries, says Rasvan Radu, chief executive of UniCredit Tiriac Bank.

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Radu, UniCredit: Entrepreneurs prefer to keep money in an account rather than support their businesses

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