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ING Pensii: Empty accounts will drop to 10% in a few years
ING invested around 66 million euros in order to gain the top position on the market of mandatory private pensions, a sum it expects to recoup in the next ten years.
ASE faced with 15,000 drop in the number of students
"The reduction in the number of students, which will be done gradually by reducing the number of places available, is caused by an insufficient number of teachers. We now have 1,000 teachers...
In anticipation of Sandero, Dacia's sales drop 38% in May
Dacia sales on the local market fell by almost 40% in May compared with the same time last year and reached a volume of 7,740 cars, according to data provided by the Renault Group. According...
Deutsche Bank will not drop Romanian plans
Deutsche Bank, the largest financial institution in Germany is keeping an eye on Romania, in search of opportunities to expand its business, officials of the bank say. "Deutsche Bank has bee...
Analysts expect RON to drop over the coming months
The euro exchange rate has stabilised at around 3.6 RON, but analysts believe the RON is more likely to depreciate within the next few months, rather than recover the ground lost in autumn....
Alro sees income drop in Q2
Alro Slatina, a producer of primary aluminium, reported an income worth 24.1m euros (79.4m RON), in the second quarter of this year, 25% down (in euros) against the same period last year. Th...
Electrica Transilvania Sud: drop in sales, but a rise in income
Electrica Transilvania Sud, an electricity supply and distribution company and one of the three divisions of Electrica yet to be privatised, has registered a turnover worth 651.9m RON (195.6...
Grawe: Pensions could see cause drop in life insurance sales
Sales of life insurance policies could witness a decline in the second half of this year, as companies' agents turn their attention to the distribution of mandatory pensions, believes Peter...
Petrom projects 24% income drop in 2007
Romania's biggest company says the (technical) inspection of Arpechim and the shrinking refining margins are hurting its results. Petrom expects to derive net income worth 497 million euros...