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Bankers follow their clients into malls
A series of banks with aggressive retail expansion plans, such as BCR and Alpha Bank, are relying heavily on branches opened in shopping centres, with some malls including as many as six or seven bank branches. Among the malls accommodating such bank "networks...
Romanian business owners pay their executives better than multinationals
The major Romanian companies pay up to 20-30% more to attract skilled people from multinationals, who have experience at large companies with a global presence, but also to offset the risks...
Which employees earn more than their bosses?
Employees in sectors such as consulting, financial services, and sales can sometimes earn more than their bosses, because of performance-related pay. One of the sectors with the highest sala...
Romanians still like to have their coffee at home
Coffee outlets, hotels and restaurants are still a long way off becoming the preferred places for coffee drinkers with Romanian consumers continuing to prepare their own coffee at home, reve...
Bere Mures owners ask for at least 150m euros for their company
Bere Mures producer, the biggest independent player on the domestic beer market is now up for sale. Its owners are trying to find an investor to pay at least 150 million euros. Top contender...
Private pension market leaders adjust their targets
ING estimates it will have one million clients enrolled in its mandatory private pensions fund (the 2nd pillar) by Christmas, with the end-of-sales campaign target (January 17, 2008) now set...
Banks reach their clients through 5,175 branches
The number of branches in the banking system exceeded 5,175 in September, an almost 18% increase against the same time last year. Banks saw a significant increase in territorial expansion in...
More than half of Romanians have chosen their private pension
More than 1.8 million Romanians have chosen their mandatory private pension (pillar II) reveals data gathered by ZIARUL FINANCIAR from the 18 management companies on the market yesterday. Fr...
Raiffeisen to fund both developers and their clients
After having aggressively entered the market of real estate project financing, Raiffeisen is preparing to launch a product through which it can release loans both to developers and their cus...