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Mandatory private pension funds gain 10% in H1
Mandatory private pension funds (pillar II) in the first half registered an average return of 9.9%, while the return of voluntary pension funds (pillar III) reached 6.6%, according to the Association for Privately Managed Pensions of Romania (APAPR)
What Romania stands to gain from its 45bn-euro petroleum reserves
The tripling of crude oil prices over the last few years to 130 dollars a barrel has brought Romania's reserves to around 550 million barrels of petroleum, all of them operated by Petrom to...
UniCredit Tiriac: 56m-euro gain in H1
Unicredit Tiriac, the domestic branch of the Italian giant UniCredit, posted gross profit worth 56 million euros in the first half of the year. In comparison, in the same period last year, U...
Alro owner to gain $94m from London Stock Exchange floatation
Vimetco Swiss company (the former Marco Industries), the majority shareholder in Alro Slatina (ALR) aluminium producer, expects to derive gross gains worth around $94m (almost 70m euros) fro...
Funds manage to gain only one investor a day in Q1
The over 30 mutual funds available on the Romanian market have managed to attract only 84 investors in the first quarter, on top of the number of investors already acquired last year, accord...
Real estate and equipment leasing gain ground
Last year auto financing dipped by six percent to 69% in the overall portfolio of leasing companies, as domestic firms' shifted to other types of financing, as a result of the arrival of new...
"Package deals" gain ground in banks' offers
"Package deals" are becoming available in banks' offers more often, a method that allows for products and services, for which demand is still low, to be sold more effectively. In the past, b...
Egnatia tries to gain market share on project finance segment
Egnatia Greek group has impressive investment plans for Romania, which include direct involvement, through either financing or capital, in project development. In the case of interests in th...
Coty plans to gain market share from other players
Coty plans to gain market share from other players