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Marsh: Brokers will handle 7-8% of voluntary pensions
Insurance and pension brokers will intermediate only 7-8% of the number of new voluntary pension contracts (3rd pillar) starting this year, estimates Daniela Barbieru, senior consultant at M...
Pension funds will have low impact on the BSE
Mandatory pension funds will invest 50m euros at the most on the Bucharest Stock Exchange this year, a sum that will not have a significant impact on the market, says Dorin Boboc, chief inve...
Deutsche Bank will not drop Romanian plans
Deutsche Bank, the largest financial institution in Germany is keeping an eye on Romania, in search of opportunities to expand its business, officials of the bank say. "Deutsche Bank has bee...
GED Capital will integrate travel agencies
Spanish investment fund GED Capital will continue to purchase travel operators, after it took over Happy Tour agency, in which it intends to invest 15 million euros over the next 2-3 years....
Isarescu: The euro will stay high this year
The Romanian currency will not be able to regain the ground it lost against the euro this year, so the average exchange rate will register an increase against 2007, considers Mugur Isarescu,...
Eurisko: Housing prices will not go down
The prices of housing in Bucharest will not decline this year, given that costs entailed by the development of real estate complexes have gone up, due to the increase in the price of land an...
Romcar: Fleet sales will generate 30% of turnover
Romcar, a member of the Tiriac group and importer of Ford vehicles on the Romanian market, forecasts turnover worth 340 million euros this year, up 24% against the 275 million euros derived...
Pipera will not have easy access to water because of erratic development
The 120 million-euro turnover of Veolia Apa Nova, the company which is managing Bucharest's water and sewer services, will remain constant within the next five years, according to the compan...
Fondiaria will bid for Asiban
Fondiaria-SAI, Italy's second-largest insurer, is interested in taking over Asiban, one of the largest players on the local insurance market, which was put up for sale in the second half of...