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New homes take concrete market to 350 million euros
Concrete consumption has grown by 15-20% on the average over the last few years and will reach about 350-370 million euros this year, because of investments in the residential sector and the...
Skoda sales could increase by 100 million euros
Skoda's turnover on the domestic market is currently estimated at almost 400 million euros, an increase of over 30% against last year. The average price of a Skoda car sold in 2007 was 13,00...
BRD profit up 48 percent to 275 million euros
BRD-SocGen derived net profit worth 917 million RON (274.7 million euros) last year, up 40%(48% in euros), double the increase posted in the previous year. Assets increased 45% last year, to...
Private pension brokers attract 1 million clients
Although boasting a sales force that accounted for almost one third of the entire market, pension brokers only managed to attract a quarter of all clients, after two pension companies relied...
AZT Pensii Private's recipe for getting 1 million clients
The formula that succeeded in attracting one million clients to mandatory pension funds was a combination of reputation, extensive sales force and low investments in marketing, says Mioara M...
Banca Transilvania posts record profit: 102 million euros
Banca Transilvania (TLV) made 340 million RON (102 million euros) net profit last year, 2.8 times higher than in 2006. A large portion of the profit came from the sale of BT Asigurari, revea...
Record net profit across banking system in 2007: 825 million euros
The net profit registered by the banking industry broke a new record last year, when the 40 players on the market made 825 million euros (2.75 billion RON), an around 32% increase on 2006. T...
Romanian vehicle fleet reaches 4.5 million units
The number of vehicles in Romania increased by almost 9% in 2007 against the previous year, most of which were new, whilst sales of heavy haul commercial vehicles doubled against 2006, accor...
Andreas Treichl amasses Erste shares worth 7 million euros
At the end of 2006, Andreas Treichl, CEO of Erste Bank owned 123,440 shares of the bank he runs, which controls BCR, according to the annual report. His shares were worth some 7.17 million e...