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Treichl, Erste boss: I don't regret the high price paid for BCR

"Even looking back retrospectively, I don't regret the high price that we paid to take over the BCR. Of course, we didn't anticipate the big crisis of 2008-2009 at the time of the transactio...

Razvan Voican · 12.04.2011 · 23:45 · 1 min
ZF English

March retail loan sales match boom year levels

Loan demand from individuals registered a spectacular rebound in March, with the number of loan reports issued by the Credit Bureau at banks' requests for information on potential clients al...

Liviu Chiru · 12.04.2011 · 23:44 · 1 min
ZF English

Wolf Theiss returns to growth

Austria's Wolf Theiss law firm, run in Bucharest by Bryan Jardine, switched back to growth in terms of revenues in the first three months of this year, after two years when the firm had to g...

Cristi Moga · 12.04.2011 · 23:43 · 1 min
ZF English

CNVM says it needs 300 employees to supervise the 2,000 people on the Bourse

CNVM says it needs 300 employees to supervise the 2,000 people on the Bourse The National Securities Commission (CNVM), the capital market supervision and ruling authority, has for this year...

Roxana Pricop · 12.04.2011 · 23:42 · 1 min
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Nokia and Ericsson supplier invests 24m euros in Oradea plant

Italy's Faist Mekatronic, a supplier of parts for telecom infrastructure and automotive industry, is set to complete investments of around 24m euros in a plant located in Eurobusiness Oradea...

Laurentiu Cotu · 12.04.2011 · 23:41 · 1 min
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Asirom's targets in 2011: double income and higher market share

Asirom, a top ten insurer, controlled by Austria's Vienna Insurance, wants to recover market share lost in the past two years and has budgeted two-digit turnover growth in 2011 and double pr...

Ciprian Botea · 12.04.2011 · 23:40 · 1 min
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Economy Ministry: If the price does not match expectations, Petrom's offering can be postponed

The Economy Ministry says if the sale price of the 9.84% stake in Petrom on the Stock Exchange does not match expectations, the offering can be postponed, in an official answer sent to Ziaru...

Andrei Chirileasa · 12.04.2011 · 11:10 · 2 min
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TotalSoft's plans for Qatar

Less than six hours by plane from Bucharest, Doha - the capital of one of the richest Arab countries - Qatar, is for Romanian software producer TotalSoft the gateway to a market that could t...

Adrian Seceleanu · 11.04.2011 · 23:55 · 1 min
ZF English

Banks granted 100m euros to local authorities in Q1

Bankers granted around 100 million euros in funding to town halls and to county councils in the first three months of 2011, nearly six times more than in the corresponding period of last yea...

Ciprian Botea · 11.04.2011 · 23:53 · 1 min