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Equity funds not helped by portfolio diversification
Equity funds could not protect themselves from aggressive corrections, as the dramatic slumps seen by the BSE and RASDAQ market have left them with no growth alternatives. Companies listed o...
Domestic retailers are not in any rush to sell
On a market where international retailers target supermarkets, the owners of the biggest Romanian networks in food-orientated retail have indicated that they are not in any rush to sell. So...
Minimum pension fund yield bill not welcomed
The bill to introduce a minimum guaranteed yield equal to the annual rate of inflation for mandatory private pension funds (pillar II) has already received negative response three times befo...
Deutsche Bank will not drop Romanian plans
Deutsche Bank, the largest financial institution in Germany is keeping an eye on Romania, in search of opportunities to expand its business, officials of the bank say. "Deutsche Bank has bee...
Logan proves 'low cost' does not mean 'low profit'
The Logan model, considered a 'low-cost' brand, posted a profit margin much higher than all other Renault models in 2007, and generated not only higher sales, but also significant profits, s...
Blue Air: We are not currently in negotiations to sell
Nelu Iordache, the majority shareholder of low-cost airline operator Blue Air, says he is not engaged in talks to sell, and does not plan to attract any more shareholders. "We have drawn in...
Angst hits target, though not in euros
Angst, one of the leading charcuterie producers on the local market, closed last year with turnover worth 62 million euros, over 20% higher than in 2006, according to the producer's estimate...
Eurisko: Housing prices will not go down
The prices of housing in Bucharest will not decline this year, given that costs entailed by the development of real estate complexes have gone up, due to the increase in the price of land an...
NBR blamed for not preparing the market for RON depreciation shock
The National Bank did not prepare the market for the shock caused by the unavoidable depreciation of the RON and is wrong to "point the finger" at the "cruel speculators" Misu Negritoiu, chi...