Six
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Omniasig derives 5.4 million-euro profit in six months
Omniasig therefore remains one of the most profitable companies on the insurance market, along with ING Asigurari de Viata and AIG Life. The company posted gross profit worth 12 million euros last year. Omniasig's business went up by 63% in H1 and reached 614
Asirom loses 7.4 million euros in six months
Asirom, the third leading player on the insurance market, ended the first half with a 7.4 million-euro loss (more than 27.2 million RON), after having posted 0.6 million euros (about 2 milli...
British Airways: Romania climbs six places in Europe
"Last year, Romania ranked 14th in Europe, but the growth achieved this year has catapulted us into the top ten. In terms of growth rate, we have even left Poland behind," said Emil Delibash...
After six weeks pension funds yield between 2.4% and 3.7%
Four of the 14 active mandatory pension funds yielded profits in the first six weeks since their launch, whilst the rest were in the red. Mandatory pension funds (2nd pillar) ranged from -2....
Stock Exchange ends its worst six months in 10 years
The BET index (which reflects the trend of the 10 most liquid shares on the Bucharest Stock Exchange (BSE), has seen an almost 33% decline since the beginning of the year, with the stock exc...
Six new Motor Jeans stores by yearend
Paradis Star, master franchiser of Motor Jeans, intends to open another six stores this year, in the wake of a 300,000-euro investment. "The opening of a Motor Jeans store entails an investm...
Vienna Insurance market share up 8 times in six years
Vienna Insurance has registered the fastest growth rate on the local insurance market, and now holds a 37% market share, almost 8 times higher than the level posted in 2002 (4.8%). In the wa...
Piraeus gross profit up six times to 22m euros
The local branch of the Greek-based Piraeus Bank group derived gross profit worth 22 million euros last year, around six times higher on 2006. Assets went up by 196% to 2.87 billion euros, d...
Bere Mures acquisition by Heineken brews six new millionaires
Heineken N.V, which competes for the top spot on the Romanian beer market with the local branch of SAB Miller, has signed the contract to buy Bere Mures, the second-largest independent playe...