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Alpha Bank wants 8% share of lending market
Alpha Bank plans to attain a 7.5-8% share of the market of non-governmental lending by the end of 2008, says Sergiu Oprescu, executive vice-president of the bank. At the end of March, the to...
Rifil says it will grow on a shrinking market
Rifil, a producer of textile threads, has budgeted turnover worth approximately 37 million euros this year, up 6% from last year''s results. In 2005, Rifil posted turnover worth 35 million e...
Bank of Cyprus enters local market
Bank of Cyprus, the biggest bank in Cyprus, is preparing to enter the local market, where it intends to operate a bank subsidiary as well as a leasing company. According to data published in...
What will happen to the real estate market after accession?
What should we expect to happen on the Romanian real estate market by comparison with the experience of Hungary given the upcoming accession of our country to the EU? Nothing spectacular. A...
Romanian oil market to reach 20bn euros by 2010
The Romanian oil market will grow faster than the overall economy by 2010, set to go beyond 19 billion euros and account for around 14% of GDP. Petrom and Rompetrol, which have already made...
Business software and IT services market to top 200m euros
The value of local software and IT consultancy services for companies will reach 200-300 million euros in two or three years, against the approximately 100 million euros last year, according...
Coca-Cola makes ten times higher profit on local market
Coca-Cola Romania, the domestic branch of the US-based The Coca-Cola Company, which handles the marketing of Coca-Cola products on the domestic market, made profit worth 21.9 million RON (6...
Romanian market, 2-3 years behind the Polish one
Marc Bitzer, the chairman of Whirlpool Europe, says the decline of the electrical home appliances market is temporary, as the evolution of the market must be assessed on the long term. "The...
Carpatica wants to enter mutual funds market
Banca Comerciala Carpatica intends to enter the mutual fund market this year by launching a diversified fund at first. The mutual fund market stood at some 136 million euros at the end of Ap...