market
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Legal 500: Local law firms dominate the market
Romanian law firms still dominate the local market, while the most active firms include Nestor Nestor Diculescu Kingston Petersen (NNDKP), Musat & Asociatii, Tuca Zbarcea & Asociatii and Rad...
PVC windows market to consolidate in 3 years
The PVC windows market, one of the most fragmented in the constructions sector, is expected to consolidate in the coming two or three years, after large players swallow up smaller manufactur...
Green Lake's market value doubles in 18 months
The market value of the residential project Green Lake, developed by Quality Living Developers (QLD) in North Bucharest, has doubled in a year and a half, to 200 million euros, following the...
DHL buys Cargus, becomes market leader
DHL, the shipping company held by Deutsche Post World Net, has acquired 100% in local player Cargus, for an undisclosed value. According to market sources, the transaction amounted to some 5...
Romania, Danone's second largest market in terms of Activia's share
The Activia yoghurt range, held by French dairy producer Danone, accounts for 14% of the yoghurt market, with Romania only being surpassed by the Czech Republic in terms of market share, acc...
Pension brokers handle 32% of market
Pension brokers have so far sealed 1.26 million private pension contracts (2nd pillar), which accounts for 32% of the total contracts to join one of the 18 funds, with the top three brokers...
Alpha Bank lowers market growth estimates
Nongovernmental lending could witness a slight slowdown this year, after the population's demand for long-term loans dropped in Q1. However, potential growth comes from infrastructure loans...
Salans forecasts opportunities on luxury goods market
Salans, one of the most important international law firms present in Romania, is set to become more involved in the capital market and luxury goods industry. "It's the right time for the con...
Palatul Parlamentului leads Bucharest events market
Fifty conference halls with a capacity of 40,000 seats will become available on the Bucharest market this year once new hotels are opened. However, Palatul Parlamentului and Sala Tronului (i...