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How Acasa TV turned into a station that beats even mainstream channels' viewing figures
Acasa TV, Romania's first niche channel that launched ten years ago, has registered increasingly higher viewing figures - sometimes even surpassing mainstream channels, after adapting its co...
Groupama injects 16m euros into BT Asigurari
French group Groupama, the new owner of BT Asigurari, one of the top ten insurance companies on the market, has increased the company's share capital by around 16.2 million euros (60 million...
Greeks inject a further 26m euros into EFG Retail Services
EFG Retail Services, the consumer lending arm of Greek group EFG Eurobank, which also owns Bancpost domestically, has raised its share capital by 25.7m euros (90m RON), to almost 26m euros....
Carrefour could tap into discount store market
French retailer Carrefour is holding talks to take over Plus Discount stores in Romania through an international transaction, after it entered the supermarket segment with the acquisition of...
Foreign crisis drives BCR employees' investment in Erste into the red
The over 8,000 employees of BCR that decided to trade six BCR shares for one Erste Bank share are now finding that instead of the substantial gain they would have made if they had initially...
Foreigners inject 7.7bn euros into banks and insurance companies
Foreign investors have injected almost 7.7 billion euros in local banks and insurance companies over the last 17 years. The banking and insurance sector attracted over 22% of the total volum...
RBS looks into ABN Amro's Romanian operations
British group Royal Bank of Scotland (RBS), one of the top ten in the world in terms of financial power, could take over the Romanian operations of Dutch ABN Amro bank, which it acquired thi...
Daewoo Mangalia back into the black after two years
After two years of heavy losses, Korean-based shipbuilder Daewoo Mangalia is back in the black, by taking advantage of the high demand for ships worldwide. "We want to draw attention to the...
Largest Slovenian insurer taps into the market
Triglav, the largest insurance company in Slovenia, intends to expand its operations in Central and Eastern European countries, including Romania, said the company's general manager, Andrej...