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Banks, insurance brokers and SSIFs could sell pensions directly
Banks, insurance brokers and stock brokerages (SSIFs) may directly distribute private compulsory pension products (pillar II) if a series of legislation modifications, currently being prepar...
2,664 agents to sell optional pensions
The sale of optional pension products will begin with the 2,664 authorised marketing agents, according to data published by the Private Pension System Supervision Commission (CSSPP). Current...
Allianz Tiriac: We are ready to sell pensions
"The private pension branch of Allianz Tiriac has three optional pension funds (the IIIrd pillar) prepared, two of which are in the final stages of authorisation and are almost ready for our...
Omniasig to sell optional pensions to firms in its portfolio first
Omniasig Pensii Private, the Romanian company specialising in pensions of the Vienna Insurance group, is to focus on selling optional pensions to corporate customers from its portfolio this...
Lithuanians sell Albinuta to Profi
The hard-discount outlet network Profi, which is owned by the Belgium group Louis Delhaize, which also controls the Cora hypermarket chain, will enter onto the Bucharest market by acquiring...
State to sell shares in Aeroporturi Bucuresti
The state will be able to sell shares of Compania Nationala Aeroporturi Bucuresti (The Bucharest National Airports Company), set up through the merger of the Henri Coanda airport and the Aur...
Porsche plans to sell 540 Audi Q7 units
Porsche Romania, Romanian importer of Porsche, Skoda, Audi, Seat and Volkswagen car brands, has set a 540-unit target for the SUV Q7 for this year, up 54% against 2006. Last year, the compan...
Patriciu in talks with six companies to sell 10-25% in Rompetrol
Rompetrol is in talks with six companies interested in acquiring a minority share within the petroleum group, through a capital increase by which the investor will secure 10-25% of the share...
Porsche intends to sell 130 Porsche cars
Porsche Romania, importer of the Porsche brand on the local market, aims to sell 130 Porsche-branded vehicles this year, 50% more than the 87 deliveries made in 2006, according to company re...