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General insurance market expected to rise by 18%
The Romanian general insurance market will rise at an annual rate of 18% in the 2008-2012 period, while life insurance premiums will see an annual 21% growth rate, according to researchandma...
Pump prices likely to rise by over 25% by yearend
Oil prices could reach 200 dollars/barrel, a price that even the most downbeat players, who projected a 150 dollar threshold early this year, could have hardly anticipated. Romania currently...
E.ON: gas prices expected to rise 20%
Natural gas distributor E.ON Gaz Romania says the price of natural gas could increase by 12% from April 1, while the annual increase is set to finally stand at 20%, so that domestic price ri...
Bricostore: wage costs could rise by 20-30%
French-based DIY retailer Bricostore, a part of the Bresson group, last year posted profit worth around 27 million euros, amid turnover worth 180m euros from its 8-store network in Romania....
Potential rise in SIF stake cap could aid stock market rebound
The SIFs decline halted during the last two sessions of last week, after SIF Banat-Crisana (SIF1) and SIF Moldova (SIF2) announced they would propose to their shareholders an increase to the...
Investments in Sema Parc rise to over 1bn euros
Sema Parc real estate project, developed on a 42-hectare area on the site of the former Semanatoarea plant, will attract investments worth above 1 billion euros in the next 10 years, up over...
E.ON GAZ: Gas prices to rise by 30% in 2008
Gas prices for final consumers will rise by 30% by the end of 2008, with the year due to start with a 10% hike following imported gas price increase, estimates E.ON Gaz Romania, which acquir...
Mars forecasts business will rise by over 20%
"We expect our domestic turnover to register an over 20% increase this year and our various market segments to experience steady growth," said Tomasz Pawlowski, general manager of Mars Roman...
Aviva: domestic life insurance sales to rise by 40% in 2008
The price Aviva Asigurari de Viata paid for mutual fund manager Certinvest (purchased in early September) was much higher than normal for such a company on foreign markets, explains Shah Rou...