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Bank of America va concedia 4.000 de angajati, dupa preluarea bancii LaSalle
Bank of America, a doua mare banca din Statele Unite, va concedia 4.000 de angajati, in urmatorii doi ani, dupa preluarea LaSalle Bank de la grupul olandez ABN Amro, pentru 21 de miliarde de...
MKB Romexterra enters niche market of private banking
MKB Romexterra is preparing to enter the niche market of private banking this autumn. Until recent years, this niche was exclusively controlled by big names on the market. However, this year...
Delayed relaxation of mandatory reserves
Five months after the Board of Governors of the NBR (National Bank of Romania) made its decision, a set of measures for relaxing the minimum mandatory reserves (RMO) system has been publishe...
Strengthening of RON doubles foreign currency loans
The volume of foreign currency loans taken out by individuals doubled in August against the same month last year, and climbed to over 30 billion RON (almost 9.4 billion euros), according to...
Lehman Brothers buys 3% of Impact
Lehman Brothers Real Estate Partners (LBREP), the real estate investment division of the American investment bank Lehman Brothers, has purchased a 3.08% stake in the real estate development...
GLS targets 4% of market
GLS courier company, which registered a business worth 1.6 billion euros last year and launched its Romanian operations in August, targets a 4% share of the domestic market within the next t...
First summer of price hikes for apartments
Apartment prices in Bucharest went up by 10% between June and September, as the price per square metre reached 1,716 euros, indicates an analysis conducted by ZF based on advertisements in t...
Max Mara aimed at customers with annual incomes of 100,000 euros
Italy's luxury brand Max Mara will open six or seven new stores within the next five years, with the potential cities including Timisoara, Brasov, Constanta, Cluj, Sibiu, Oradea and Iasi. At...
Kaufland: food accounts for 80% of our sales
The discount store network Kaufland derives around 80% of its sales from food products, a higher percentage than the level registered by other traditional hypermarket networks such as Carref...