market
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IDC: PC market sees 35.9% growth in Q1
The domestic PC market grew by 35.9% in the first quarter of this year, against the same period last year, with the number of units sold (desktop PCs, notebooks and x86 servers) exceeding th...
Lidl postpones entry on the market
The network of Lidl discount stores, a part of the German group Schwartz, postponed indefinitely its plan to enter the markets of Romania and Bulgaria, stated sources from the retail market....
Wrigley wants 40% of candy market
Mihai Georgescu, general manager of Wrigley Romania, the leader of the domestic chewing gum market, says that Wrigley''s global strategy related to the company''s continued expansion on non-...
Flat tax pushes insurance market toward 4-5bn euros
The introduction of the flat tax will take the insurance market toward 4-5bn euros in 2010, due to the higher volume of disposable income the population and companies will benefit from, esti...
ATEbank enters market by taking over MINDBank
ATEbank, the fifth largest bank in Greece is negotiating a contract to take over the controlling interests in MINDBank, one of the smallest banks in the system, in an attempt to catch the la...
Govt. pledges to sell a stake in CEC on capital market
The government will sell on the domestic or external capital markets the remaining shares in CEC (Romanian Savings Bank) after the sale of a 69.9% stake to a strategic investor and of 5% to...
Foreigners to enter drug distribution market
Robert Popescu, general manager of Relad, one of the top three pharmaceuticals distributors, believes that the entrance of international players on the market soon is inevitable. "In the con...
Insurance market close to 450m euros in Q1
Insurance companies operating on the Romanian market in the first three months of this year underwrote gross premiums totalling 446.4 million euros (1.58 billion RON), stated Nicolae Crisan,...
Zentiva seeks stronger position on pharmacy market
Last autumn''s acquisition of Sicomed has allowed Zentiva pharmaceutical company to speed up its development pace on the domestic market. "Without this acquisition, we would''ve had to build...