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Aqvila Club derives 50% of business from teambuilding
Aqvila Club, a four-star hotel in Rucar commune held by three local entrepreneurs, derives 50% of its turnover from teambuilding activities, which are organised for companies such as Petrom,...
One sqm of mall/capita, a realistic target for developers
Cities such as Arad, Ploiesti and Iasi could all see five malls spring up in the coming years. Postponed projects, lower rents and yields, and conversion of existing space are several things...
Over half of unit-linked funds in the red in Q1
Investment funds that are attached to unit-linked life insurance registered a range of results in the first three months of this year (Q1), from 19.9% in losses, to 9.4% in yields, after the...
Romania, Danone's second largest market in terms of Activia's share
The Activia yoghurt range, held by French dairy producer Danone, accounts for 14% of the yoghurt market, with Romania only being surpassed by the Czech Republic in terms of market share, acc...
Tymbark, 15% of still drinks segment
The producer of Tymbark juices targets a 15% market share on the still drinks segment (drinks with less than 25% fruit content). Recently, Tymbark Maspex entered this segment with the Tedi b...
Bragadiru Palace, anchor of 150m-euro project
Bragadiru Palace (Palatul Bragadiru), an important historical building in Bucharest, will become part of a real estate complex whose value is expected to range from 130 and 150 million euros...
Pension brokers handle 32% of market
Pension brokers have so far sealed 1.26 million private pension contracts (2nd pillar), which accounts for 32% of the total contracts to join one of the 18 funds, with the top three brokers...
Head of Allianz-Tiriac, wealthiest individual shareholder in insurance
Cristian Constantinescu, general manager of Allianz-Tiriac, the largest insurer on the local market, is the wealthiest individual shareholder on the insurance market, with a 3.36% stake in t...
Tec Miaco assets, core of Agroli's domestic expansion
Built on the structures of the former poultry plant Avicola Crevedia previously owned by Tec Miaco, Agroli group of firms in 2007 generated 150m-euro turnover from five business units. The L...