competition
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Brussels puts off competition verdict on Erste-Vienna Insurance deal
The European Commission has extended until June 17 the preliminary examination period for a 1.4 billion-euro transaction that will see Erste Bank, the majority shareholder of the BCR, sell i...
Competition may bring rent in shopping centres down by 40-50%
The value of rent in shopping centres could go down by 40-50% over the next few years compared with 2008, due to fiercer competition on the market, believes Luiza Moraru, head of the retail...
How Musette owners fight Chinese competition
Roberto and Cristina Batlan, owners of footwear brand Musette, have found a solution to Chinese competition: to move production to China, BUSINESS Magazin reveals. Since last year, Cristina...
Sucu: No strong competition on medium segment
Dan Sucu, chairman of Mobexpert group of firms with operations in the furniture industry, says there is very strong competition on the low and very high price segments of the market and no c...
Blue Air slashes growth target on fierce competition
Blue Air airline has budgeted turnover worth 120 million euros for this year, a value that will secure it the leading position on the market this year, too. The biggest low-cost carrier on t...
Raiffeisen keeps an eye on competition
Raiffeisen Bank, the third largest player in the system, is starting to feel the pressure of stronger competition, after Alpha Bank advanced and climbed to fourth position, and UniCredit Tir...
Competition Council approves PharmaFarm takeover by Richter Gedeon
The Competition Council approved on December 20, 2007 the takeover of the Cluj-Napoca-based distributor PharmaFarm by Armedica Trading, the Romanian development strategies division of Richte...
Tight competition among insurers in December
December will be the month when competition among insurance companies will become fiercer than in any other period of the year because of the auto liability insurance (RCA) campaign. For 4 w...
Renewed competition on medium-class car segment
With the launch of a wave of new medium-class cars, the segment is expected to spark renewed attention from buyers, after a hiatus caused interest in such vehicles to dwindle. In the first n...