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Fed's plan pushes up bank shares on SE
Erste Bank shares reached an all time high yesterday on the Stock Exchange, posting a 5.4% surge, after the main indexes on the market rose slightly against the levels registered during the...
Mineral water market up 18% in 2007
Bottlers of mineral water licensed by the National Company of Mineral Water (SNAM), which account for around 90% of the market, saw an 18% increase in terms of volume against 2006, reveals d...
Budgetary revenues up 53% in February
Revenues collected in the general consolidated budget went up 52.6% in February against 2007, according to data published by the Ministry of Economy and Finance on Tuesday. The increase is a...
Economy up 6% in 2007, above expectations
Economic growth stood at 6% in 2007, exceeding the expectations of analysts, who had forecast a 5.7% rate. This occurred after figures surpassed the performance recorded in the first nine mo...
Alpha Bank: Profit up, although macroeconomic problems loom large
Alpha Bank, the local branch of one of the largest financial groups in Greece, posted gross profit worth 37.9 million euros last year, up 15% on 2006. Last year, the bank registered a rapid...
GPV business up just 8% to over 10 million euros
GPV Romania, a member of GPV Groupe in France, Europe's leading manufacturer of envelopes and corporate mail management services, last year derived turnover worth 10.8 million euros, up 8% o...
BRD profit up 48 percent to 275 million euros
BRD-SocGen derived net profit worth 917 million RON (274.7 million euros) last year, up 40%(48% in euros), double the increase posted in the previous year. Assets increased 45% last year, to...
Porsche sets up insurance company
Financial Group Porsche will, by the end of this year, set up a general insurance company that will exclusively sell comprehensive insurance. "At the end of last year, the group decided to s...
Automobile Bavaria turnover up by 60% in 2007
Michael Schmidt, general manager of Automobile Bavaria, the main BMW dealer domestically, says that given the trend of the Romanian real estate and constructions market, investing in a deale...