to
3.824 articole · RSS
French-based Groupama to acquire BT Asigurari
French-based Groupama, a financial group with operations in Europe and Asia, has started exclusive negotiations with Banca Transilvania for the acquisition of BT Asigurari (BT Insurance) acc...
Low-cost operators to challenge TAROM on domestic routes
The internal flights market, currently dominated by TAROM, is set to become more dynamic in the coming years amid rising competition from both Carpatair and other new competitors, such as th...
Domenia Credit drops plans to become mortgage bank
Domenia Credit, a mortgage company that US firm GE Money took over late last year along with Motoractive Leasing and Ralfi, granted loans worth 35m euros in H1, up 250% against the same peri...
Foreign investor interest in farming land set to boost prices
A hectare of agricultural land could sell for up to 6,000 euros within the next five years, which is close to the European average. At present, agricultural land sells for 1,500-2,000 euros...
Gemisa to extend Optiblu chain to 100 stores
Optical Network, the company operating the optician chain Optiblu, held by Gemisa Investments investment fund, intends to reach over 100 stores within the next three-four years, as compared...
Eurisko: Real estate transactions to reach 6bn euros
Eurisko is providing consultancy services for investments on the Romanian market worth around 400 million euros. The transactions involve land, ongoing projects, as well as completed buildin...
Hungastro takeover drives Accor market share to 46%
Accor Services, the biggest issuer of luncheon vouchers in Romania, estimates it now has 1,500,000 customers and 46% market share after taking over Hungastro, in a deal approved by the Compe...
Radisson Hotel to open in Poiana Brasov in 2009
Hotel group Rezidor will open its first Radisson SAS hotel located in the provinces, in Poiana Brasov, after the official opening of the first Radisson brand hotel in Bucharest, on Calea Vic...
Romania lacks a plan B to respond to foreign shocks
Romania's major problem in the current international context is its lack of a "plan B" that should enable it to counter the effects of some possible foreign shocks that may occur given the v...