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Unita up 46% on comprehensive insurance in first half
Unita, a company currently involved in a takeover at the hands of Austrian Uniqa group, posted a 46% increase in its comprehensive auto insurance in the first six months, to 132.5 million RON (36.1 million euros). This is the most important line of business fo...
2008 will be the first difficult year for real estate consultants
The top five real estate consultancy companies in terms of turnover posted an over 26% profit margin last year, while turnover doubled (49 million euros in revenues). However, the growth rat...
Lactalis brings first French managers to LaDorna
French dairy producer Lactalis, which bought the LaDorna group from businessman Jean Valvis, has appointed its first expat managers to run its operations in Romania. The main positions targe...
OTP ends first half with over 5 million-euro losses
OTP Bank Romania ended the first half with a net loss worth over 5 million euros, most of which was accumulated in the second quarter, due to the increase in credit loss reserves by no less...
First private pensions deal expected towards yearend
The first acquisition on the private pensions market could occur by the end of the year, according to Mircea Oancea, head of the Private Pensions Supervisory Commission (CSSPP). Private pens...
SellWell, Romania's first B2B real estate trading platform
Romanian Real Estate Network (RoREN) has launched SellWell, a business-to-business (B2B) electronic platform, which acts as an interface between developers and real estate agencies. "SellWel...
BCR's net profit increases by 48% to 206.6 million euros in first half
The BCR group derived net profit worth 206.6 million euros in the first half of the year, up 48% on the same time last year. Andreas Treichl, CEO of Erste Bank, the majority shareholder of B...
Popoviciu's first office buildings in Baneasa worth over 80 million euros
The first two office buildings of the Baneasa Business & Technology Park (BB&TP) project developed by Baneasa Investments, controlled by businessman Puiu Popoviciu are valued at more than 80...
Pasta market slows down for the first time
Fmcg / Diana Tudor The pasta market is expected to advance by around 5-7% this year and reach a volume of 61,000 tonnes, according to the estimates made by the main players in the industry....