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Solenza helps market rebound
Following the decline posted in the first three months of this year, the Romanian car market rebounded, due to Dacia Solenza, which reached retailers in April and to the imports, which conti...
Insurance market up 28% in Q1
The insurance market has gained 28% in ROL in the first quarter, totalling 5,978bn ROL. If it keeps progressing as fast as it did in Q1, the companies could see revenues up to $580-$590 mill...
Coffee market decline likely to continue
The drop posted by the local market of packaged coffee is likely to continue this year, the fourth in a row, at least for some producers. However, other coffee companies say the market will...
Milestone in search of cash for Romanian market
American financial group Milestone Merchant Partners, which manages the Romania and Moldova Direct Fund (RMDF) investment fund is planning to raise $50 million for a new regional fund aimed...
Daewoo eyes local market
Daewoo Automobile Romania has sold 5,100 vehicles in the first four months of the year, up more than 50% since the year-ago period. The increase makes up for the drop posted by the Craiova-b...
CNVM contemplating new capital market legislation
Only one year after the enforcement of the first provisions of the revised capital market legislation, the National Securities Commission (CNVM) is working on a series of amendments to have...
Kraft market share down to half
Increasingly fiercer competition and the low purchasing power have started to yield the first victims among chocolate producers. Kraft Foods Romania (KFRo), which was boasting 62% of the mar...
Shocking news on insurance market - Unita to draft financial recovery plan
Shocking news on the insurance market. Unita, the company backed by Austria's largest insurer - Wiener Stadtische, must submit a financial recovery plan to the Insurance Supervision Commissi...
D-Day on real estate market
Players on the real estate market are expecting May 14 more eagerly than the Prague summit last year, when Romania was invited to join the NATO. Whereas joining the North-Atlantic Alliance m...