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Slowdown of car sales could hurt leasing market
The rise of the leasing market could be affected this year by the slowdown in vehicle sales, after the leasing market experienced a major leap last year, by 54%, exceeding 4.9 billion euros....
Romar: Lack of private insurance could change our plans
Medical Services / Ioana David Private medical services group Romar, 40% of which is held by investment fund RC2, could drop plans to open a 60-bed private hospital. The building, which has...
Mega Image could exceed 150 million euro turnover mark
Mega Image, the largest supermarket network in Bucharest, could reach turnover worth 150 million euros this year, in the wake of new openings and the integration of the La Fourmi network. Th...
AAA Auto could exit the market due to poor sales
Four years after it entered the domestic market, Czech used car dealer AAA Auto is considering exiting the market. The company achieved only one third of the 7,000-unit sales targeted for 20...
Comvex could take out investment credit worth up to 20m euros
Bulk handling terminal Comvex in Constanta intends to take out an investments credit worth up to 20 million euros, with a decision to be reached by the shareholders on July 17, the company a...
Government securities could be listed on the Bucharest Stock Exchange in July
The listing of government securities on the Bucharest Stock Exchange (BSE) could take place in July, and trading-related technical tests could start on June 16, with the operation expected t...
Retail sales could reach 38bn euros in 2008
The major European retailers are operating massive investments in Romania betting on consumers' rising purchasing power. Companies seem to be fighting on two levels: for the best city locati...
La Caixa could pay over 70m euros for Libra Bank
American investment fund Broadhurst will collect over 70 million euros from the sale to Spanish group La Caixa of several stakes, which together make up 100%, of Libra Bank's capital, say ba...
Voicu: We could see mergers due to personnel shortages
Law firm Voicu & Filipescu posted turnover worth around 1.5 million euros in the first three months of this year, up 35% on last year. During this period, the firm's main focus was the merge...