poised
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Vinterra producer poised to complete sale
The shareholders of wine producer Vinterra are negotiating the sale of the majority interest with a foreign investor, with talks almost at an end, according to company data. The list of interested companies includes several investors but negotiations have reac...
Raiffeisen Locuinte poised to absorb HVB Locuinte
Housing banks Raiffeisen Banca pentru Locuinte (RBL) and HVB Banca pentru Locuinte, which specialise in saving-lending, could merge by the end of this year, after RBL shareholders signed an...
Prima Pensie and OTP poised to sell mandatory pension funds
Market sources have hinted to ZF that Prima Pensie and OTP will sell their mandatory private pension funds, after they launched negotiations with other pension managers with a view to exitin...
Bancpost poised to boost income after restructuring
Bancpost, the domestic arm of Greek group Eurobank EFG, last year generated net income worth 28.8m euros, up around four times compared with the level reached in 2006. The bank's assets soar...
Europolis poised to become a developer
Austria's Europolis investment fund, now controlled by Volksbank group, is in talks to develop office projects, after five years of project acquisitions. Europolis, one of the biggest player...
Stock Exchange poised for 25-30 floatations
The international market liquidity crunch will spur capital raising through floatation on the Bucharest Stock Exchange. The following year will bring a significant number of listings on the...
Furniture market poised to top 1bn euros
A 10-15% surge sustained by the real estate boom, further segmentation and the arrival of new players, as well as mounting exchange rate pressures are several features expected to characteri...
Far Est, poised to derive 15m-euro turnover
Far Est group, a producer of Trocal branded PVC windows, will next year invest around 7m euros to develop its business. The company targets an output of 600 windows per shift, which would ma...
Astra-Uniqa, poised to enter unit-linked insurance
Astra-Uniqa, an insurance company controlled by Austria's insurance group and businessman Dan Adamescu, will enter the market of unit-linked insurance early next year. Unit-linked insurance...