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AIG Life makes biggest profit on the market in H1
AIG Life, the second largest player on the life insurance market, posted a gross profit worth 24 million RON (over 6.5 million euros) in the first half of the year, double against the same time last year. This is the biggest profit reported by an insurance com...
Biggest executive in pharmaceutical industry prepares to leave
Dragos Dinu, CEO of the main group in the pharmaceutical industry, A&D Pharma, is about to leave the company following talks with shareholders regarding results and performance, according to...
Oscar Downstream, biggest independent oil player
The liberalisation of the petroleum market at the beginning of 2007 took the business of local petroleum trader Oscar Downstream straight into the top ten of local petroleum companies, after...
The biggest deal with Property Fund stock
FP is projected as one of the biggest businesses in Romania for the next decade. The fund held stakes put at 4bn euros when it was set up, plus hundreds of millions of euros in cash. The US...
PwC: Interest rate rise is biggest risk to Romanian banks
The rise in interest rates is the highest risk posed to the Romanian banking industry, given that the turmoil on the financial markets has completely altered the risk scenario, according to...
Romanian running InBev's biggest European business
Ten beer plants with 9,000 employees and over 1.1 billion euros in annual turnover are the figures behind InBev's operations in Russia, managed since the beginning of this year by Mihai Albu...
Nestor, the biggest law firm, loses 3 key people
Francisc Peli, Carmen Peli and Cristina Filip as well as another 10 lawyers will all depart Nestor and join a new firm - Peli Filip. Nestor Nestor Diculescu Kingston Peterson (NNDKP), the bi...
Biggest fund on the BSE freezes portfolio
Julius Baer International Equity Fund investment fund, the biggest foreign institutional investor on the Romanian capital market, closed almost no deal on the Bucharest Stock Exchange during...
CEZ would invest 800m euros in Europe's biggest wind farm
Czech company CEZ, owner of former Electrica Oltenia, says it will invest as much as 800m euros if it wins the tender for the biggest wind farm developed in Europe so far, which is located i...