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WB: Romania ranks 12th in terms of current account deficit
Romania ranked 12th worldwide in 2005, in terms of the size of its current account deficit, according to a report of the World Bank (WB), which was published on Monday. The current account d...
Dan Sucu sells 25% of Mobexpert on the Stock Exchange
Businessman Dan Sucu, shareholder of the Mobexpert group, the leader on the local furniture market, is considering selling his shares on the Stock Exchange, after having acquired 40% of the...
Austrians rely on rapid growth of retail lending
Retail lending, which accounted for 12.1% of the GDP at the end of 2006, will see a faster growth rate than the overall non-governmental lending within the next three years. Its growth drive...
Scala Real Estate sells 2.5% of Siretul Pascani
Scala Real Estate, one of the main shareholders of Siretul Pascani, sold 2.5% of the capital of the textile producer last Friday on the Bucharest Stock Exchange, for 346,000 RON, according t...
Private banking generates one quarter of Raiffeisen's deposits
Over one quarter of the volume of deposits made by individuals with the Raiffeisen Bank come from private banking clients, Octavia Cutus, head of the wealth management department told ZF. Fo...
Yahoo! wants 10% of domestic online advertising
Yahoo! US company, the second biggest search engine in the world, will grab around 10% of the domestic online advertising market this year, believes Mihai Fanache, media director with MediaC...
Sub presiune din partea Royal Bank of Scotland, ABN se grabeste sa finalizeze discutiile cu Barclays
Barclays din Marea Britanie si ABN Amro din Olanda doresc sa ajunga la o intelegere inainte de expirarea perioadei de 30 de zile de negocieri exclusive, conform unor surse familiare cu situa...
Romanians: No. 1 in terms of shareholders in Europe
Over ten million Romanians - i.e. half of the country's population- are shareholders in at least one of the companies listed on the Bucharest Stock Exchange, according to statistics of the C...
Elimination of customs duties triples BDG's business
BDG, the importer of Jack Daniel's whisky and Corona beer, in Q1 of this year registered 72% higher sales volume against the same period in 2006. Consecutively the company's turnover soared...