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Millennium Bank to grow more on corporate side
Millennium Bank, the domestic unit of the Portuguese bank that competed in the race for BCR in 2005, is relying on corporate customers and small firms in terms of turnover growth this year....
Coldwell Banker: Old apartments are 50% more expensive
Old blocks of apartments in Bucharest have been the only solution this year for those who wished to move into a new home straight away. The prices of apartments in old blocks in Bucharest we...
Broadhurst sells two more assets for over 115m euros
American investment fund Broadhurst sold another two of its assets in Romania over the last few days, the AAC (Autoclaved Aerated Concrete) producer Elpreco, based in Craiova, and a company...
BCR restructuring more complex than that of other Erste acquisitions
The big challenge of the retail restructuring at BCR is conducting a number of processes in parallel, to make up for the delay in Erste Bank's takeover of BCR, says Martin Skopek, executive...
UniCredit CA IB: Investment funds more discerning
Ciprian Paltineanu, head of UniCredit CA IB Romania, says the effects of the crisis on the international financial markets are starting to be felt on the Romanian market, reducing the potent...
Oviesse to open 2 more stores next year
Italian clothing manufacturer OVS Industry has opened its first Oviesse store in Romania, in Cluj, within Polus Center, and intends to open another two stores in Romania next year, with one...
AAA Auto aims to sell 10 times more cars in 5 years
Anthony Denny, founder and president of the Czech distributor of used cars AAA Auto, estimates to sell up to 25,000 cars by 2012, depending on the trend of the local car fleet and of buyers'...
BRAT-monitored websites register 20% more visitors
The Romanian Audit Bureau of Circulations (BRAT) late last week released the October results for its audience and Internet study, which provides information on the traffic and visitors of ar...
Garanti Bank plans to more than double assets
Garanti Bank, the domestic arm of Turkey's third largest bank, is attempting to pursue aggressive growth on the retail segment and become a "top" player, after maintaining a small presence f...