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Immoeast: TriGranit and Adama aided profit growth
Representatives of the Austrian investment fund Immoeast, which has ongoing projects worth approximately 1.5 billion euros on the domestic market, believe that becoming part of the sharehold...
BT and Aegon target 15% of the mandatory private pensions market
BT Aegon, a joint venture between Banca Transilvania and the Dutch life insurance company Aegon, targets the top spot among the top five companies managing mandatory private pensions, announ...
Merrill Lynch and Rotschild clash over sale of Asiban
It is only a matter of days before a consultant is selected to assist in the sale of the stakes of insurance company Asiban, which are currently held by BCR, BRD-SocGen and Banca Transilvani...
Malls and hypermarkets boost Macon's business by 40%
Deva-based Macon, which operates on the market of construction materials, has registered an approximately 7.12 million-euro turnover for the first quarter of this year, a 40% increase in fin...
Flexible face brick and stone make 500,000-euro business
The rustic-style facades of buildings in the Netherlands, Belgium and Germany are becoming a fashionable feature with both the owners and builders of Romanian houses, a fact that is reflecte...
Baneasa developers and Slovenian group invest 40m euros in entertainment centre
Baneasa Developments, the developer of the retail park in the Baneasa project, the biggest real estate project on the domestic market, will invest around 40 million euros in partnership with...
BCR, BRD and BT: total of 75m euros from Asiban's sale
The three banks (BCR, BRD and Banca Transilvania) that have decided to sell their stakes in the insurance company Asiban, could secure at least 25 million euros each, with the market value o...
25% margin from franchise consulting and brokerage
A business on the segment of franchise consulting and brokerage services starts from a 100,000-euro investment and generates turnovers of beyond 250,000 euros, with a 25% profit margin. Euge...
CEZ takes a keen interest in reactors no. 3 and 4 in Cernavoda
CEZ Romania, the domestic branch of the Czech energy group CEZ, whose portfolio includes the electricity distributor Electrica Oltenia, has changed its strategy, announcing its interest in t...