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Royal Bank of Scotland a vandut o participatie de 9,1% la OTE
Royal Bank of Scotland (RBS) si-a diminuat participatia detinuta la OTE la 0,2%, dupa ce a vandut un pachet 9,1% din actiuni, in conditiile in care, saptamana trecuta operatorul elen de tele...
ECB asks NBR for in-depth assessment of banks' real estate risks
The European Central Bank (ECB) has requested the National Bank of Romania assess the exposure of banks in Romania to the commercial real estate market based on two detailed questionnaires,...
Former head of Novartis enters consulting market with Nestor law firm
Nicolae Voiculescu (44), former head of the local division of Swiss pharmaceutical giant Novartis, has founded a healthcare consulting company, Link Resource, and announced on Monday a partn...
One third of voluntary pension clients are aged above 45
One third of contributors to a voluntary pensions fund (3rd pillar) are aged above 45, according to the annual report of the Private Pensions Supervisory Commission (CSSPP). Almost half of t...
Altex targets half of the air conditioning market
Electronics and home appliances retailer Altex plans to sell 65,000 air conditioners this year, up 200% against last year, when it sold 21,000 units. According to the target set by the compa...
NBR: No risk of a hard landing for the economy
There is no risk of an abrupt economic slowdown in Romania, even if the effects of five consecutive increases in the monetary policy interest rate (2.75% in total) were fully felt, according...
Foreign banks try to take control of BSE
Foreign banks have come to control, both directly and indirectly (through brokerage firms), around 21% of the share capital of the BSE. Nonetheless, they have little influence over the decis...
Rombat sells 14.7m euros' worth of batteries in Q1
Bistrita-based Rombat, the main domestic maker of car batteries, posted more than 14.7 million-euro turnover in the first three months of this year, an increase of 165% on 2007. "The improve...
TBI Credit will grant up to 2m euros' worth of loans online
TBI Credit, the consumer credit division of the TBI Financial Services group, expects to grant 3,000 loans, worth 1.5-2 million euros this year, via an online application service- eCreditor....