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Nestle Ice Cream looking for acquisitions
Nestle Ice Cream Romania, the leader of the domestic ice cream market, is scrutinising the market for acquisition opportunities and already has its eye on two smaller competitors. "We are co...
Soft32.com for sale
Lucian Todea (photo), owner of the soft32.com website, which is ranked as Romania's top website in terms of visitors, according to the trafic.ro website, says he has received purchase offers...
Banks return to NBR for consultations
The representatives of the NBR (National Bank of Romania) could provide consulting services for commercial banks for the new crediting norms this week, says Radu Ghetea, chairman of the Roma...
Immoeast: Real estate growth to last for at least a decade
Edgar Rosenmayr, an investment officer with Immoeast, the most dynamic player on the domestic real estate market, says the Austrian group is focusing on the Bucharest market, on the office b...
Generali prepares for compulsory pensions
Generali Asigurari (Generali Insurance) intends to apply for licence for its pension company that will manage 2nd pillar pensions (compulsory pensions). "We have begun to structure our compa...
Fortis hires manager for local operations
Nicolae Surdu, ex-vice-president of Credit Europe Bank (former Finansbank Romania), will head the operations of the Belgium-based Fortis in Romania. "We are authorised to start on July 1, bu...
Broadhurst investment fund sells Tricodava for 42m euros
Investment fund Broadhurst sold the former Tricodava factory in the Drumul Taberei district of the Capital for 42 million euros, after Winmarkt Alfa, which is part of the same group, sold an...
Agrana accounts for 86% of white sugar exports
Agrana Romania, the biggest player on the local sugar market, sold 26,000 tonnes of white sugar on foreign markets last year, which accounts for around 86% of the total white sugar exports c...
BCR Life prepares for entry on unit-linked segment
BCR Asigurari de Viata (BCR Life Insurance), a member of the financial group BCR, intends to enter the unit-linked life insurance segment (of policies, which entail investing part of the pre...