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Prosecutors launch probe into transactions with SIFs
The prosecutors with the National Anticorruption Department (DNA) have started a probe into the transactions conducted with the financial investment companies' (SIF) shares on the Bucharest...
100,000 consultants prepare to launch private pensions
Insurance companies involved in the private pensions system will hire 70,000 to 100,000 consultants in order to sell pension products. "We estimate 70% of our sales will be done through our...
Private pensions ready for launch
The launch of optional private pensions (the 3rd pillar) is fast approaching, with the first contributions being collected in May and the collection of compulsory private pensions (the secon...
Ursus Breweries to launch alcohol-free beer
Ursus Breweries, which holds the Ursus and Timisoreana brands, is considering expanding the brand into the sector of alcohol-free beer to strengthen its product portfolio, says Dieter Schulz...
The Cristescu brothers launch 80m-euro real estate
Romanian businessmen Emil and Marius Cristescu, shareholders in approximately 30 companies based in Timisoara as well as in other cities in the country, will launch offices and industrial sp...
Eximtur set to launch weekend travel packages
Eximtur, one of the main tour operators domestically, last year saw its revenues from domestic travel packages shrink by 28%, to around 24% of overall turnover. "We will try to offset the lo...
KD Investments to launch diversified fund
KD Investments to launch diversified fund
Toyota Romania to launch Auris family car in mid next year
Toyota Romania to launch Auris family car in mid next year
40m-euro flats sold in three months from project launch
40m-euro flats sold in three months from project launch