market
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Raiffeisen seeks bigger market share
Raiffeisen sees the year 2006 as an opportunity for furthering its growth, given that the biggest bank on the market, BCR (Romanian Commercial Bank) will focus on its internal issues, linked...
BRD-SocGen''s market value exceeds 3 billion euros
The market value of BRD-SocGen, the second-largest bank on the market, yesterday exceeded 3bn euros due to its strong growth on the Bucharest Stock Exchange, a trend followed by many of the...
Bancpost enters funds market
Eurobank Mutual Funds Management Romania, the investment management arm of Greek bank Eurobank, will launch two mutual funds. Eurobank is the majority shareholder of Bancpost. The manager ha...
Hilton eyes four-star market
Hilton could enter the four-star market in Romania with its Scandic brand, should it receive a tempting offer from a hotel that is ranked at this level, says Friedrich Niemann, general manag...
Tnuva eyes top spot on dairy market
Yoram Israeli, the chairman of Tnuva Romania, the newest player on the domestic dairy market, says the decision to invest 55 million euros was made amid extremely low consumption levels. Isr...
Spectacular trend reversal on forex market
The euro lost a lot of ground against the RON over the last two days, once large orders to sell foreign currency were placed on the market. The quotes went down by 4 bani (0.04 RON) in only...
Mutual funds go hand in hand with the stock market again in 2006
The mutual fund market will continue to grow in 2006, driven by the declining yields in the banking sector, and by the entry of new players on the market. "We expect this year''s growth to b...
Car market dilemma in 2006: spend more for the same sales
The better than estimated growth of the car market last year will show in the sales of new cars this year, which could witness a decline for the first time since 2000. The boom in the sales...
Romanian stock market stays true to January effect
The shares listed on the Bucharest Stock Exchange began the year in full gear with an average growth of nearly 4%. The stars of the first trading day were the SIFs, the top performers last y...