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Volksbank's assets jump 1bn euros in H1
The Austrians at Volksbank have increased their assets by one billion euros in the first half, which reached 4.5 billion euros in June. Six months into the year, the bank made 17.7 million euro gross profit, 64% higher than in the first half of 2007. "The grow...
Banca Transilvania sees 14% profit jump
Banca Transilvania (BT) posted 31.25 million RON (9.24 million-euro) net profit in the first quarter of this year, an increase of 14.2% on the same period of last year. The bank's gross prof...
Lending ends 2003 with 6% December jump
The year 2003 is very likely to be remembered in Romania's recent financial history as the year when corporate and consumer lending took off with a blast. The final statistics of the Nationa...
Prominent PD leaders jump ship to PSD
Alexandru Sassu and Bogdan Niculescu-Duvaz, former prominent PD (Democrat Party) leaders have handed in their resignations from the Democrat Party yesterday and joined the PSD (Social Democr...
Pirelli sales jump 80%
Italian group Pirelli, the world's fifth-largest tyre maker forecasts sales in excess of three million euros on the Romanian market this year. "We still have to look at all the data, conside...