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BT Aegon: Brokers will bring half the business
Partnerships with pension brokers will bring half of the number of clients to the mandatory private pension fund (the 2nd pillar), which will be managed by BT Aegon, Silvia Sirb, general man...
Terapia Ranbaxy: We will double our business by 2010
Indian pharmaceuticals producer Ranbaxy Laboratories, which acquired the domestic producer Terapia last year, could see its business on the domestic market double between 2010 and 2012, enco...
Joseph Seroussi: "For 200m euros, I will sell the business"
Businessman Joseph Seroussi, owner of four textile plants and of the No 36 clothing stores, says he would not turn down a 200 million-euro offer to sell. "If someone were willing to give me...
Blue Air will launch Bucharest-London flights in autumn
Low-cost airline company, Blue Air, will launch flights on the Bucharest-London route starting this autumn, with the flights scheduled for Mondays, Wednesdays and Fridays, the Romanian opera...
Ford: We will increase the number of employees in Craiova
Negotiations with the Ford Motor Company over the takeover of the former Daewoo Craiova plant are scheduled to begin today, after the privatisation commission validated the participation pap...
Milk price increases in Europe will reach Romania
The price of milk on the European markets has increased lately because of a world-scale drought, a trend that is also expected to affect the domestic market. Domestic producers estimate that...
Ioan Niculae will not sell Asirom yet
Businessman Ioan Niculae, who controls around 50% in Asirom through Interagro group, says he will not sell his stake in the insurance firm in the next two or three years. Asirom is now worth...
Citi: Banking market will continue to attract foreign investors
We feel very strongly that Romania and in general the South-Eastern area of Europe offers excellent short and medium term opportunities for financial and banking investors, says Kevin Murray...
CEROPE: We will match the European GDP in the next 30 years
Romania could reach the European average in terms of Gross Domestic Product (GDP) per capita in the next 20-30 years if the average annual economic growth rate stands at around 6 to 7% and t...