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Actavis focuses on exports rather than high profit margins
Icelandic giant Actavis, which purchased the Romanian pharmaceuticals manufacturer Sindan Bucuresti for 147.5 million euros last year, is registering a profit margin on the Romanian market c...
CNPAS prepared for first reports on mandatory pensions
The National House of Pensions and other Social Insurance (CNPAS) is ready to start its process that keeps track of participants for mandatory private pensions (the 2nd pillar), Mariana Camp...
On the move
Eli Lilly Romania Radu Rasinar, director general Radu Rasinar a fost numit director general al biroului din Romania al producatorului american de medicamente Eli Lilly, pozitie ramasa vacant...
Construction begins on 5m-euro apartments near Alba Iuliei Square
Real estate developer German Quality Solution has started work on a 40-home residential complex near Bucharest's Alba Iuliei Square, with investments worth 4.7 million euros, announced the r...
German fund Berenberg invests 30m euros on BSE
Accession to the European Union has already brought new investment funds onto Bucharest Stock Exchange including the German fund Berenberg-Balkan-Baltikum, which invested over 30 million eur...
First acquisition on private pensions market
Asitrans, the insurance company recently taken over by the Bulgarian group Eurohold, has purchased a mandatory pensions broker, which marks the first acquisition of a private pension company...
Trigon investments on the market in H1: almost 7m euros
Investment funds managed by Estonia's Trigon Capital have reached an exposure close to 38m euros on the Romanian capital market, double the level registered at the end of last year, when the...
SIFs sit on 127m euros
The five financial investment companies (SIF) at the end of August held banking deposits worth 406m RON (127m euros), up 50% from the end of last year, according to the portfolio statement i...
EFG Eurobank Securities set to expand on retail brokerage service segment
EFG Eurobank Securities, the brokerage division of Greece-based European Financial Group (EFG Group), which primarily deals with foreign investment funds, plans to expand onto the retail mar...