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Euro headed towards 3.55 RON after new worsening of regional sentiment
The euro took a fresh leap on the Bucharest market and climbed 1.3% during yesterday's session to a fourteen-month high of 3.54 RON. Although the RON/EUR rate has now increased 14% since the...
Transgaz IPO could spark interest of over 10,000 investors
The initial public offering of Transgaz Medias, the largest of its kind ever witnessed on the Bucharest Stock Exchange, could attract more than 10,000 investors, believes Steven van Groninge...
Amway to boost the weight of cosmetic products
Amway Romania Marketing, one of the top three local players on the direct sales market, will place more focus next year on cosmetic products and nutritional supplements, and less on househol...
Bank of Cyprus cumpara o banca din Ucraina pentru 52 mil. euro
Bank of Cyprus, cea mai mare banca a insulei situate in estul Mediteranei, a achizitionat pachetul majoritar de actiuni al bancii ucrainene AvtoZAZBank, venind in intampinarea cererii foarte...
7 banks account for only 9% of mandatory pension market
Two months after the start of the campaign to sell pensions, the seven mandatory private pension fund management companies (pillar II) established by banks total just 9.2% of the number of c...
Solomon, Vodafone CEO: Number of stores has tripled in one year
Vodafone Romania, the second-largest mobile telephony operator on the domestic market, is expected to total 150 stores by the end of this month, after it acquired dealer Petrocom and also in...
Romania, last in the EU in terms of access to financial services
Romania ranks bottom in the European Union in terms of the population's access to financial services, with 23% of the total number of adult inhabitants having access to such services, accord...
Insiders buy 2m euros' worth of shares on the Stock Exchange in one week
Over the past few days, the number of reports on purchases made by individuals with inside knowledge of the companies listed on the Stock Exchange has witnessed a rapid increase. In the last...
3% of employed population sell private pensions
For the moment, the number of authorised agents has ceased to rise because authorisation of the sales force has finished. The figure of 251,000 sales agents means that 2.8% of Romania's tota...