competition
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Beer 2003: fierce competition over 12% growth
Following the surprising increase of nearly 12% in the total beer consumption in Romania in 2003, all the major brewers managed to conclude the year with higher sales than in 2002. The vario...
Pro TV tops competition in 2003
Pro TV maintained its leading position acquired on the TV station market over the last few years, as it was again the market leader in 2003.sleadendtion had the highest average ratings on th...
EU accession means competition for insurers
The lifting of the restriction to seal insurance contracts only with companies registered in Romania, the unification of the civil auto liability insurance with the Green Card one and a much...
Competition Office to reinvestigate cement producers
The Romanian Competition Office has launched a new investigation into the operations of cement producers, namely the economic concentration occurred after the takeover of harbour operator Si...
Aerostar blames Russian competition
Aircraft maker Aerostar Bacau has accused the "Russian competition" of having originated several critical press stories that were published in the Zagreb media. The stories criticised the mo...
Fiercer competition and bigger investments push banking profits down
"In the years to come, inflation will drop and profit margins will shrink so that, unless volumes increase, the banks' earnings will be endangered." This statement belongs to National Bank o...
Cable TV triumvirate aims at engulfing the competition
Quietly, without making any fuss, the top three players on the Romanian cable TV market are preparing to put their rivalries aside and bury the fourth competitor. Two foreign investment fund...
Competition Council asks Government to cancel malpractice tender
The Competition Council has noted that the Competition Law was breached when the National Health Insurance Bureau (CNAS) accredited only four insurers to conclude malpractice insurance contr...
Competition for Banca Romaneasca
Hungary's OTP Bank is not the only institution interested in taking over the 75% stake owned by the Romanian-American Investment Fund (FRAI) in Banca Romaneasca (Romanian Bank). "We are in a...