market
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Citibank: Local market insufficiently developed to attract significant resources
The local market is still insufficiently developed to attract significant resources over long periods, says Razvan Badalicescu, the head of the Coporate Banking division within Citibank Roma...
Charcuterie market growth to slow down
The meat products market is expected to grow by 10% this year, less than it did in 2006, when it advanced by 20% to some 800m euros. "The turnover the charcuterie industry generated in 2006...
Auto insurance pushes insurance market into the red
The insurance market ended last year in the red, a result of the pace of claim settlements (54%) exceeding the pace of gross underwritten premiums (34%). "I believe the insurance market post...
Three new local insurance companies on three different market sectors
The three insurance companies authorised last year by the Insurance Supervision Commission (CSA), Cardif, Clal Asigurari and KD Life, have decided to choose different development sectors in...
Imported spirits market expects growth pace to double
The market of imported spirits, in particular the whisky market, is expecting growth pace to double compared with the previous years, after the elimination of customs duties prompted price d...
Fortis Lease aims for over 5% of the market
Fortis Lease, the leasing division of financial Belgian group Fortis, intends to cover a 5-10% share of the leasing market in Romania, by means of local company Global Finance & Leasing, acq...
IKEA distributes 850,000 catalogues on the local market
Swedish group IKEA, the biggest furniture retailer worldwide, will start an aggressive promotional campaign in the next few weeks, the first step being the distribution of 850,000 catalogues...
The PC market: $170m in Q4
The local PC market (desktop computers, notebooks and servers) increased by 16.9%, in terms of the number of units sold in the fourth quarter (October - December 2006), according to a study...
Agip to spend 36m euros to double market share
Agip Romania, the domestic unit of Eni petroleum giant, the biggest petroleum corporation in Romania at the moment, is tackling the domestic market with an investment plan worth 36 million e...