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140 new signs for UniCredit Tiriac
The signs of the new UniCredit Tiriac Bank have started to be installed at 140 HVB Tiriac and UniCredit Romania branches, and will be publicly unveiled on Friday, June 1, the launch date for...
Lorand Szarvadi wants 50m euros for 51% of Domo
Lorand Szarvadi, CEO and main shareholder of the electronics and home appliances retailer Domo, estimates the company is worth around 100 million euros. Szarvadi is currently in talks with t...
Overdue payments for small credits: almost 100m euros
The overdue payments of the population on the small credits (of up to 6,000 euros) climbed to 325.6 million RON (equivalent to 97 million euros) at the end of March, after six months of cont...
Planorama contractor files for bankruptcy
Yapitek SRL, the general contractor of the Planorama residential complex (www.planorama.ro), which is located in the Doamna Ghica area of Bucharest, has entered into bankruptcy procedures, t...
135% rise in gross profit for Karom Drinks
Last year, wine producer and importer Karom Drinks posted a 10.23 million-RON gross profit, up 135% against 2005, according to a company announcement published in the Official Gazette. In 20...
Over 17m-euro turnover for Pirelli Tyres Romania
Tyre manufacturer Pirelli Tyres Romania, which opened its production facility in Slatina in October 2006, has reported a 60.36 million-RON (17 million-euro) turnover for the last two months...
Demand for mortgage credits far from being covered
Mortgage credits are expected to be the most in demand product on the banking market over the next few years, anticipates Paul Mylonas, chief economist and strategist with the National Bank...
40% turnover increase for Mit Motors International
Bucharest-based vehicle dealer Mit Motors International posted a net turnover of 125.67 million RON (35.6 million euros) last year, up 39% on the 90.29 million RON witnessed in 2005. The com...
92% higher revenues for Unita in Q1
The Unita general insurance company, a member of Vienna Insurance group, underwrote gross premiums worth 146.2 million RON (43.3m euros) in the first quarter of 2007, an increase of 92% on Q...