financial
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Private equity funds' views on financial crisis
The financial crisis is testing private equity funds' ability to maintain projected yields given that slower economic growth and rising financing costs will dent the profitability of the companies they have invested in.
Capital increases worth 320m euros in financial sector in 7 months
Companies in the financial sector carried out capital increases of over 320 million euros in the first seven months of this year, according to data provided by the Romanian Trade Registry Of...
Equity funds see heavy losses
Equity funds lost up to 60% of their investors' money this year, after they bet on banks and financial investment companies (SIFs), whose shares were dealt a heavy blow by the crisis in the...
Financial crisis puts developers' plans on hold
The international financial crisis will have effects on the retail market, as well, which has seen one of the most significant increases over the last few years, with both developers and ret...
Antares Cluj sells 5.1m euros' worth of office chairs
Cluj-Napoca-based Antares, a member of the Antares group and a manufacturer of ergonomic office chairs and executive armchairs, posted a 5.1 million-euro turnover in the first half of this y...
Unit-linked policy holders see 45% losses
Unit-linked insurance has registered declines of as high as 45% since the start of the year, mainly in the wake of financial turmoil.
MOL: Demand for oil products set to decline
The worst financial crisis in history, economies' slower growth rates, the shrinking consumption of oil products, the easing of oil barrel prices; all these aspects are viewed as events with...
OTP: We will make a profit in Q3
OTP Bank, the local subsidiary of the largest Hungarian financial group, will derive a profit in the third quarter (Q3), for the first time in the last three years.
Provident Financial deschide o sucursala la Iasi
Compania de credite de consum Provident Financial, filiala locala a grupului britanic International Personal Finance, deschide la Iasi cea de-a 15-a sucursala, dupa ce din martie activau sub...