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BNP Paribas targets Romanian leasing market
BNP Paribas, one of the largest financial groups in Europe, which holds an insurance company and a consumer credit company on the Romanian market, is set to enter the leasing segment, accord...
Voluntary pensions market: 20,000 clients
The number of clients for voluntary private pensions (the 3rd pillar) had almost reached 20,000 on September 21, four months after the initial authorisation of the funds, according to data p...
Post-sale services catch up with car market
The rise in the number of vehicles registered in Romania has led to a spectacular rise in the number of authorised servicing centres, which has now reached over 3,500 nationally, according t...
IKEA grabs 4% of the furniture market in its first six months
IKEA, the Swedish-based furniture and interior decorations retailer, has posted business worth 40 million euros within its first six months on the Romanian market, 75% higher than initially...
MKB Romexterra enters niche market of private banking
MKB Romexterra is preparing to enter the niche market of private banking this autumn. Until recent years, this niche was exclusively controlled by big names on the market. However, this year...
MEI investment fund enters luxury car market
Dutch investment fund Middle Europe Investments (MEI), the main minority shareholder (holding a 6% stake) of Rompetrol Well Services, is set to invest 2.2 million euros on the luxury cars ma...
First acquisition on private pensions market
Asitrans, the insurance company recently taken over by the Bulgarian group Eurohold, has purchased a mandatory pensions broker, which marks the first acquisition of a private pension company...
GLS targets 4% of market
GLS courier company, which registered a business worth 1.6 billion euros last year and launched its Romanian operations in August, targets a 4% share of the domestic market within the next t...
Real estate market drives Macon Deva turnover to 16.6m euros
Macon, a Deva-based producer and distributor of construction materials, in the first half of this year generated turnover worth above 16.6m euros, up 34% against the same period in 2006. The...