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7.5% economic growth in Q1 and 0.14% budget surplus in four months
The estimated Gross Domestic Product (GDP) rose by 7.5 percent in the first three months of the year, which is the biggest first-quarter leap the economy has made since 1990, economy and fin...
Real estate loans slow down in first two months of 2008
The volume of real estate and mortgage loans went up by 4-5% in the first two months of the year, from rates of 7-10% registered in the last few months of 2007, after the demand for loans, b...
Top 100 companies on BSE lose 13.6bn euros in 9 months
The value of the top 100 companies on the Bucharest Stock Exchange has dropped 37% in the past nine months, from 36.6 billion euros to 23 billion euros, as the market has been facing the wor...
Green Lake's market value doubles in 18 months
The market value of the residential project Green Lake, developed by Quality Living Developers (QLD) in North Bucharest, has doubled in a year and a half, to 200 million euros, following the...
Groupama, third on insurance market in 5 months
In just five months, the French firm bought three insurers for almost half a billion euros, with Groupama's name, almost unknown until late last year, now being frequently mentioned. Groupam...
Generali to offer voluntary pensions in four months
Generali Fond de Pensii is preparing to enter the voluntary private pension market (pillar III) the company's general manager Ion Vreme told ZF. The company will manage one voluntary medium-...
Toyota up 50% in the first two months
Toyota Romania, the importer of the Toyota and Lexus brands on the domestic market, the latter of which is the Japanese carmaker's luxury brand, posted an almost 45% sales increase in Februa...
Impact sheds 65% of its market value in just three months
The stock of Impact Developer & Contractor (IMP), the only real estate developer listed on the first tier of the Bucharest Stock Exchange, has lost about 50% since the beginning of the year,...
Top mutual fund gains only1.8 percent in two months
Strong stock market corrections during the first two months of the year have affected the mutual funds ranking, with monetary and bond funds occupying the top positions at the end of Februar...