Year's
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Compulsory pensions to draw half a billion euros in 3 years
The assets of the compulsory pension funds (pillar II) could reach 430m euros (1.9bn RON) by the end of 2010, reveals a survey on the development of the private pension system commissioned b...
ATE Bank: 88 new branches and 5-fold loan increase in 3 years
ATE Bank Romania, the former Mindbank, is set to focus on the retail segment in a bid to achieve an almost fivefold turnover increase in the next three years. "We must get the number of indi...
Presentation CDs expected to become popular in a few years
A printer and several CDs: this is all one needs to start a business with presentation CDs for firms. Though in Romania this activity is considered just a related service provided by web-des...
Laptop prices fall 35% in RON over 4 years
Laptop prices have decreased by around 35% over the last four years, i.e. by around 1,900 RON, according to representatives of the research company IDC Romania. The company's statistics show...
Luxten Lighting could float within 3-5 years
Luxten Lightning, one of the most profitable companies in Romania, says it intends to be listed on a stock exchange within the next 3 to 5 years, according to company officials. "This decisi...
Asirom steps into the black after two years
Insurance company Asirom managed to turn a profit last year, after two years of massive losses and now says profit takes precedence over its market share. Asirom, the second largest insuranc...
Ranbaxy plans to invest over 20 million dollars in Terapia in two years
Indian giant Ranbaxy plans to invest over 20 million dollars in the next two years in local producer Terapia, which it acquired last year following a 324 million-dollar (270 million-euro) tr...
Insurance brokers may reach 35% in the market in 3 years
Insurance brokers will come to account for 35% in policies sold on the Romanian insurance market in the next three years, believes Patrick Lucas, managing partner with Gras Savoye French ins...
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...