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Cargill gets foothold on Romanian market
US group Cargill on Wednesday took over the main stake in one of Romania's main grain storing companies, Comcereal Alexandria, under a transaction worth 824bn ROL ($26m). Cargill, one of the...
Deutsche Bank reaches 3bn euros in funding for Romanian market
Deutsche Bank, Germany's largest bank and one of Europe's most powerful financial institutions, made quite an entrance on the Romanian market, as it has granted funding worth three billion e...
Insurance market exceeds $700m
The gross premiums collected by insurance companies amounted to nearly 24,000bn ROL ($725 million) last year, the representatives of the Insurance Supervision Commission (CSA) announced. "Ju...
Christmas bonus pushes single European currency down on Romanian market
The ROL/EUR exchange rate dropped 132 units yesterday, down to 40.612 ROL/EUR, mainly because of the big sales of euros by the banking customers that need bigger amounts in the domestic curr...
Deductions to boost insulator market
The deduction of the expenses for thermopane windows from the global income tax will not only give a boost to the thermo-insulating glass market but also to the industries providing it with...
Investment triples Düfa market share
DA1fa Romania, one of the leading players on the varnish and paint market has tripled its market share on the alkyd paints (used for wood and metal) retail segment, following the launch of t...
Tanasescu says foreign market cheaper
The funding of the budget deficit from foreign sources has reached about 80% this year compared to the initial 50% target, but Finance minister Mihai Tanasescu says the interest in the domes...
Authorities to advance gas market deregulation
The potential investors interested in the privatisation of the two major natural gases distribution companies Distrigaz Nord and Distrigaz Sud want the deregulation of the gas market in Roma...
Eurombank eyes stock market
Eurombank's Board will meet next week to discuss whether to float the bank on the Bucharest Stock Exchange (BSE) or on Rasdaq. The process is likely to take place in the first part of next y...