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Michael Lafferty: Card market still has a lot of room to grow
The Romanian bankcard market still has a significant growth potential, even in comparison with other markets in the region, according to Michael Lafferty, Chairman of Lafferty Group - a renowned independent international organisation involved in retail banking...
KBC Consumer Finance not looking to grow overnight
KBC Consumer Finance, the consumer finance company of Belgium's KBC group, which started operating in April, estimates it will grant loans worth 20 million euros by yearend. "So far, we've g...
Fermented milk drinks and ice cream sales grow faster than dairy market's
Sales of dairy products went up by more than 20% last year, having increased faster than the entire consumer goods market. However, the stars of 2006, milk and desserts, were left behind by...
Claims grow faster than premiums for 4th year
The gross claims settled by insurance companies last year went beyond 1bn euros for the first time, up 35% (in euros) from 2006. Also, turnover on the insurance market in 2007 advanced by a...
Millennium Bank to grow more on corporate side
Millennium Bank, the domestic unit of the Portuguese bank that competed in the race for BCR in 2005, is relying on corporate customers and small firms in terms of turnover growth this year....
Bucharest car fleet set to grow 60% within 5 years
Bucharest will boast a fleet of over 1.6 million vehicles by 2012, up 60% against the number of vehicles estimated this year, according to a study conducted by the Division in charge of Driv...
Lazarescu: I build businesses that grow up and leave home
Dan Lazarescu, a former shareholder in Medicover medical service provider and in TotalSoft software company, says that after having worked with Medicover for 10 years, where he also filled t...
Sofa sales grow faster than the furniture market's
Sales of sofas on the domestic market have registered a growth rate of over 30% a year, several times higher than the rate of the overall furniture market, aided by a boom in construction se...
Retail progress helps domestic courier services grow
The DHL international express delivery company last year witnessed a 60% growth in the sector of domestic delivery services, with this sector expected to continue as one of the company's mai...