assets
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Erste forecasts banking assets to triple by 2011
"The total assets of the Romanian banking system are expected to increase more than three times by 2011, whilst in Serbia assets will double," estimates Rainer Munz, head of research and dev...
Mutual fund assets up 50% to 270m euros in 2007
Net investments in mutual funds amounted to over 60 million euros in 2007, and acted as the main driver for an increase in assets. Mutual funds reported an over 50% asset increase, to 954.2...
Broadhurst sells two more assets for over 115m euros
American investment fund Broadhurst sold another two of its assets in Romania over the last few days, the AAC (Autoclaved Aerated Concrete) producer Elpreco, based in Craiova, and a company...
Bank ranking by assets: top three unchanged, Alpha Bank climbs to fourth
Alpha Bank is the new holder of the fourth position in the ranking of banks' assets at the end of September, after it climbed from eighth position in 2006. UniCredit Tiriac, which entered th...
Garanti Bank plans to more than double assets
Garanti Bank, the domestic arm of Turkey's third largest bank, is attempting to pursue aggressive growth on the retail segment and become a "top" player, after maintaining a small presence f...
Grampet assets worth 225m euros
The Grampet Group, which operates primarily in the railway sector, with business worth over 110 million euros, has evaluated its assets on the Romanian market at 225 million euros, with more...
Leasing firms finance 2.17bn euros in assets
Leasing companies in the first half of this year financed overall assets worth around 2.17bn euros, up 46% from the first half of last year, the two leasing associations recently announced....
Sale of assets triples Shell Gas' profit
Shell Gas Romania, one of the leading players on the liquefied petroleum gas (LPG) distribution market, posted a net profit worth 7.4 million euros (24.7 million RON) in the first half of th...
Ardaf puts up for sale assets worth 6m euros
Ardaf, an insurance company taken over at the beginning of the year by the Czech-based PPF Investments, has decided to sell part of its assets, which consist of both land and buildings worth...