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Banks to drop bill payment at their counters
Big banks are one after another starting to no longer accept payment of utilities at their counters, in an attempt to reduce crowding. BCR, the biggest bank on the market, with one of the la...
Romanian franchises make their way onto the market
Romanian franchises make their way onto the market
Deal of the year: BCR employees may get 412m euros for their stake
Deal of the year: BCR employees may get 412m euros for their stake
OMV ready to buy if Petrom employees dump their shares
Austrian petroleum group OMV, Petrom''s majority shareholder, intends to support the quote of Petrom shares by buying shares on the stock exchange, in case the company''s employees sell the...
Romanians save and borrow less than their neighbours
Romanians save and borrow the least of all the inhabitants of the states in the region, a survey by UniCredit group analysts reveals. The financial assets of Romanians amounted to some 682 e...
Buyers in good faith might have to give their Biofarm shares back
The state is supposed to become the main shareholder of Biofarm Bucharest again, according to a court ruling delivered at the end of last month, whereby the State Assets Resolution Authority...
Erste considers negotiations with SIFs to buy their stake in BCR
Erste Bank, the future majority shareholder of Banca Comerciala Romana, is considering negotiating with the five SIFs over a price to buy their about 30% stake in the bank, Andreas Treichl,...
Supermarkets can hold their own against hypermarkets
The general manager of the Mega Image chain believes supermarkets have found their niche on the local market, despite the aggressive expansion of hypermarkets and discount stores. "The hyper...
Flamingo managers cash in on their profits
Some of the managers of the IT&C holding Flamingo International have recently sold their stakes, thus cashing in on their profits from the floatation of this company. Anca Liana Barbu, one o...