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BRD Finance expands client portfolio by 17% within three months
BRD Finance, the consumer funding division of BRD-SocGen, has increased its client portfolio by 17% in the first quarter of this year and now totals 400,000 clients. "The first three months...
Three Aston Martins and a Lamborghini sold to Romanian buyers
Three Aston Martins and one Lamborghini, with a total value ranging between 500,000 and 600,000 euros have already been sold in the second day of the Luxury Car Show. Organisers say that, by...
Bergenbier sells 40% more beer in the first three months of 2007
InBev Romania, the third largest player on the local beer market, saw a 40% sales increase in terms of volume in Q1, against the same time last year- the largest increase achieved by a branc...
Three months of decline for NBR reserves
Foreign currency reserves of the NBR saw their third consecutive decline in April, falling to 21.41 billion euros. Last month, net foreign currency outflows from the reserves of the central...
Actavis aims for a top three position
With a new name for Sindan Bucuresti producer of oncology drugs and with investment plans worth around 35 million euros in a new production facility, Iceland's Actavis group is trying to gai...
Baumit: We are building three factories from scratch
Construction materials producer Baumit Romania, the local branch of the international group Baumit Wopfinger will start an over 10 million-euro investment in a new production facility in the...
Fiat: three times higher profit
Autoitalia, official importer of the Fiat, Alfa Romeo, Lancia, Ssang Yong, Maseratti car brands and of Honda motorcycles in Romania posted a 2.87 million-euro profit for the 2006 financial y...
IKEA: 5m-euro sales in three weeks
The first Romanian store opened by Swedish retailer IKEA, has witnessed sales worth 5 million euros within its first three weeks in business. The store opened on March 21 this year. "In the...
Only three Romanian privately held banks left
The year 2006 witnessed the biggest number of transactions in the recent history of the banking system, most of which concerning small banks. Top of the list, however, was the completion of...