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Emporiki to reach 1.8bn-euro credits by 2011
Emporiki Bank has announced aggressive expansion plans for its Romanian branch network and intends to open over 140 subsidiaries by 2011. The Greek bank aims to reach credits worth 1.8 billi...
Biodiesel market set to reach 25m euros
Eu fuel consumption norms will generate a 25 million-euro biodiesel market in the last six months of this year. Imports will make up the largest part of the market, though, as most projects...
Insurance brokers may reach 35% in the market in 3 years
Insurance brokers will come to account for 35% in policies sold on the Romanian insurance market in the next three years, believes Patrick Lucas, managing partner with Gras Savoye French ins...
Plopeanu: Life insurance could reach 3.3bn RON in 2010
The market of life insurance could reach 3.3 billion RON (almost one billion euros) in 2010, provided that it sees an over 25% growth rate in the next three years, according to estimates mad...
Life insurance segment may reach 1bn euros by 2010
Romaniaes life insurance market is likely to get close to one billion euros by 2010 amid a yearly growth rate of 30%. "According to the latest research conducted both by AIG Life, and by spe...
Real printing house to reach 10m-euro business
Printing house Real, one of the main producers of financial-accounting forms on the local market, estimates the companyes business will reach 10 million euros this year, up by more than 60%...
MiniMax to invest 70m euros to reach 100 outlets
MiniMax Discount retailer plans to develop a 100-outlet network over the following 5-7 years by expanding at a faster than before rate. "We plan to open over 100 outlets over a period of 5-7...
Foreigners' deposits in RON reach historical high
Deposits in RON made by foreign clients in domestic banks reached a historical high of 5.12 billion RON (1.49 billion euros) last November. Speculative players' confidence in the region's em...
Cardiovascular drug market set to reach 300m euros
Cardiovascular drug market set to reach 300m euros