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Biborteni anticipates 30% increase on juice market
The producer of Biborteni mineral water expects the soft drinks market to witness growth by approximately 30 percent this year compared with last year, with the high summer season temperatur...
Pharmaceutical market to exceed 2bn euros in 2008
The Romanian pharmaceutical market is expected to grow by around 15% in 2008, to 2.2bn euros, in line with the estimates made by major players in the industry. As a result, drug sales will m...
Private pension market leaders adjust their targets
ING estimates it will have one million clients enrolled in its mandatory private pensions fund (the 2nd pillar) by Christmas, with the end-of-sales campaign target (January 17, 2008) now set...
BCR to bring five funds onto the market by mid-December
BCR Asset Management, the investment management division of the financial group BCR-Erste, will launch five open-end investment funds on the market midway through December, two months after...
Siceram expects to triple market share
Sighisoara-based Siceram, a producer of ceramic construction materials based in Sighisoara, expects to increase its market share to 7%, against 2% at present, after it completes its the new...
Romania, region's no. 2 mandatory private pensions market
The Romanian private pensions market could become one of the most concentrated markets in the whole of Central and Eastern Europe. Regionally, one third of the funds on the market cumulate o...
Youngest equity funds badly hit by stock market adjustments
The youngest equity funds on the market were also the most exposed to adjustments on the stock exchange over the last few months, with the three open-end investment funds that launched opera...
Romania to lead CEE mortgage market growth
Romania's mortgage market, which is isolated from the US credit crunch, is expected to boast the fastest growth rate in Central and Eastern Europe, with improved salaries to largely aid deve...
2.5bn-euro deals on oil market this year
Four major deals with oil companies were signed in 2007, which totalled 2.5bn euros and marked the entrance of one major player and the exit of another. Experts believe there remains room on...