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Grawe: Asiban and BT Asigurari are takeover targets
Grawe, a life insurance firm part of Austrian group that shares the same name, is likely to complete the acquisition of a top 10 insurance firm in September or October, Peter Kasyk, Grawe ge...
BT Asigurari: double claims and 44% higher turnover in H1
BT Asigurari registered turnover worth 132.3m RON (almost 40m euros) in the first half of this year, up 44% against the first six months of last year. In the same period, claims settled by t...
GE Money appoints new head and intends to rebrand
GE Money, the retail financial services arm of General Electric US giant, is preparing to rebrand its companies - Motoractive Leasing, Domenia Credit and Estima Finance. GE Money has recentl...
Coca-Cola and Pepsi, top profit makers in soft drinks
Quadrant-Amroq Beverages, the bottler of PepsiCo and Prigat products on the domestic market, last year generated a net income worth 13.4m euros, up 130% against the previous period, accordin...
Winners and losers on a 3.6bn-euro oil market
The H1 financial results for the major Romanian oil companies - Petrom, Rompetrol, Lukoil and MOL, reveal not only different growth rates, but also contradictory developments. Where and why...
SSIF Broker and Biofarm to replace Oltchim and Azomures in BET index
The structure of BET index, which gauges the performance of the 10 most liquid shares listed on the Bucharest Stock Exchange (BSE) will be modified on August 27, when the shares of Oltchim a...
Domestic electronics, electrical home appliances and IT&C market, head for 1bn euros
The domestic electronics, electrical home appliances and IT&C market is worth just below one billion euros, with the IT&C segment accounting for 25%, black electronics 35% and white electric...
Italian and Spanish destinations drive TAROM revenues from flights abroad to 110m euros
The new flights TAROM has introduced to Valencia, Madrid or Bologna this yea r bolstered the company's revenues from regular flights abroad by 25% to around 110m euros (148m dollars) in the...
Cocor: record profit from SIFs goes to giant screens and new car park
Cocor Bucuresti, owner of the store with the same name in central Bucharest, has posted a record income worth 6.61m euros (21.82m RON) in the second quarter of this year, and a turnover wort...