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Top 5 pension companies hold 83% of the market
ING, Allianz-Tiriac, Generali, Aviva and Interamerican have lured almost 2.2 million customers for the mandatory pension funds they manage, in the first two and a half months of operations....
The Washington Times: Economiile noilor state membre UE sunt supraincalzite
Economiile, salariile si valoarea activelor din noile state membre ale Uniunii Europene(UE) inregistreaza un ritm ridicat de crestere, dar si deficite de cont curent, inflatie si credite ris...
Transgaz managers subscribe 21m euros for the offering
The managers of Medias-based Transgaz had over 21 million euros available to subscribe in the initial public offering of company shares, and received shares worth a total of 550,000 euros af...
The businesswoman behind the major IPOs
The initial public offerings (IPOs) of Flamingo, Transelectrica and, last week, Transgaz - the most important companies to list on the Bucharest Stock Exchange within the last three years, h...
Changes in the railway infrastructure by 2018
The main projects for the rehabilitation of Romania's railway infrastructure are trans-European corridors IV and IX, which total over 2,000 km of railway and investments worth above 10bn eur...
BCR to bring five funds onto the market by mid-December
BCR Asset Management, the investment management division of the financial group BCR-Erste, will launch five open-end investment funds on the market midway through December, two months after...
Porter: The private sector must be the driver for change
The Government cannot provide sufficient welfare and it is unrealistic for a country to expect changes to come from the central authorities. This is the duty of private companies, believes p...
What does the future hold for Mexxem after Puma's direct entry?
Cluj-Napoca-based Mexxem, importer and distributor of Puma products in Romania, estimates a 30% increase in turnover next year, to over 30 million euros. Representatives of the Cluj-based co...
Foreign crisis drives BCR employees' investment in Erste into the red
The over 8,000 employees of BCR that decided to trade six BCR shares for one Erste Bank share are now finding that instead of the substantial gain they would have made if they had initially...