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Stock market slump wipes out unit-linked insurance gains
More than half of investment funds attached to unit-linked insurance started the year in the red as foreign and Bucharest stock exchange decline ate into yields. Practically, 26 of the 42 fu...
Cargus takes out first credits for expansion
Cargus, one of the leading players on the domestic courier market, will start an investment programme worth over 10 million euros this year, in order to sustain an annual 50% turnover growth...
Time Out va recomanda: The Harbour
Pana cand va ajunge Dunarea la Bucuresti, mai dureaza. Ca toate proiectele din Romania. Iata insa ca in Bucuresti exista un local care deja se pregateste pentru acest lucru. Si, conform firm...
Enel Energie rules out possible acquisition
Enel Energie, the energy trading company of Italy's Enel, is to double its market share, number of customers and turnover after it concludes the deal with Electrica Muntenia Sud. The main wa...
Romanians unafraid to take out Swiss franc or forint loans
Loans contracted in exotic currencies have posted an eightfold increase in the past year, with Swiss francs and Hungarian forints gaining in popularity in terms of consumer and real estate f...
Gedeon Richter takes out 23m-euro loan
Pharmaceutical company Gedeon Richter, the local subsidiary of the Hungarian group Richter, will take out 23.7 million-euro credit to finance its investments in 2008, according to the announ...
Africa Israel pays 78.8 million euros to get NCH out of Cotroceni Park
Real estate developer Africa Israel, controlled by Lev Leviev, one of the richest businessmen in Europe, has bought the 50% stake owned by US investment fund New Century Holdings (NCH) in Co...
Azur Baia Mare takes out 5m-euro loan from BCR and BRD
Transportation company Azur Baia Mare will take out two loans worth a total of 5 million euros (from BRD and BCR) to guarantee two plots of land with a total surface area of 28,000 square me...
PubliMedia relanseaza Time Out Bucuresti
PubliMedia International, divizia de publishing a MediaPro, va relansa Time Out Bucuresti, care va aparea, de joi, saptamanal, la un pret de 3 lei. Time Out Bucuresti va aparea de joi in ace...