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Ardaf sees more claims settled than underwritten
Insurance company Ardaf, which was taken over at the beginning of 2007 by the Czech financial group PPF, has settled claims worth 50.7 million RON (15 million euros) in the first three month...
Alpha Bank: no more down payments
Alpha Bank will offer real estate credits with 0% down payment starting next week, while the upper indebtedness limit will rise to 65% of net incomes for certain client categories. "I expect...
Birkart moves to more profitable fields
Birkart Romania, a company specialising in logistical services for the ready-to-wear industry, took over the Focsani branch of German company SGT, which operates in textile quality control....
Julius Baer spends more than 350m dollars on the Stock Exchange
The investment funds managed by the US branch of the Swiss Julius Baer bank, reached an exposure of more than 355 million dollars (270 million euros) on the Bucharest Stock Exchange at the e...
GPS& More si-a propus sa vanda 12.000 de harti digitale si 15.000 de sisteme de navigatie
Compania GPS & More, distribuitor exclusiv pe piata locala al aplicatiei de navigare prin satelit (GPS) iGO, a vandut anul trecut peste 9.000 de harti rutabile digitale, inregistrand o cifra...
TAROM: 20% more passengers
TAROM, the biggest air operator in Romania registered a four-year high for occupancy rates in the first two months of this year, following a 20% increase in the number of passengers against...
Reassessment gives investors' properties 20% more value
Part of the investment funds that made significant acquisitions on the domestic market last year had their properties reassessed, which led, in some cases, to an increase in the market value...
Porsche Romania sells 50% more in Q1
Porsche Romania, importer of the Porsche, Skoda, VW, Audi and Seat brands in Romania, delivered 12,324 cars in the first three months of the year, an increase of 49% against the same period...
Ghetea: High income clients will be able to borrow more
The elimination of restrictions imposed by the NBR for lending to individuals will allow clients with high incomes to obtain larger real estate loans, while clients with lower incomes will b...