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CEC Bank Interested in Buying Corporate Loan Portfolios
Banks-Insurance · ZF BANKERS SUMMIT '13

CEC Bank Interested in Buying Corporate Loan Portfolios

Romanian state-owned lender CEC Bank is interested in taking over credit portfolios sold by other institutions as the market share is important for a bank.

Bogdan Neagu · 12.06.2013 · 12:18 · 1 min
New Banca Transilvania CEO Aims To Boost Market Share To Over 10%
Banks-Insurance

New Banca Transilvania CEO Aims To Boost Market Share To Over 10%

The main goal of Omer Tetik, announced as the new chief executive officer of Banca Transilvania on Tuesday, will be to boost the market share to over 10% from the current 8%.

Oana Gavrila · 15.05.2013 · 08:09 · 2 min
Olympus Dairy Aims 20% Higher Sales In 2013 At EUR55M
Retail&Consumer

Olympus Dairy Aims 20% Higher Sales In 2013 At EUR55M

Greek-owned dairy maker Olympus Dairy Industry wants to increase its turnover on the Romanian market by over 20% in 2013 to EUR55 million, and the growth will be mainly supported by the deve...

Ioana Tudor · 07.01.2013 · 14:52 · 1 min
Foreign-Owned Insurers Cut Exposure To RCA Segment By One Third Since 2008
Banks-Insurance

Foreign-Owned Insurers Cut Exposure To RCA Segment By One Third Since 2008

The six largest Romanian general insurance companies controlled by powerful European groups have reduced their market share on the mandatory car insurance segment RCA by one third over the p...

Tudor Ioana Raluca · 04.11.2012 · 22:00 · 1 min
Technology &Telecoms

Siveco Romania Increased Market Share To 25% On EAS Segment In 2011

IT software developer Siveco Romania had a market share of 24.8% on the enterprise application software – EAS segment at the end of 2011, up 1.6 percentage points on the year, said the compa...

Ioana Tudor · 22.10.2012 · 18:17 · 1 min
Lego Aims For 20% Market Share In Three Years
Retail&Consumer

Lego Aims For 20% Market Share In Three Years

Danish toy maker Lego plans to reach 20% market share in Romania in the next three to four years after having approached the 15% initial target much sooner than it had expected.

Loredana Frățilă-Cristescu · 18.09.2012 · 00:00 · 1 min
Banks-Insurance

Generali Settles For 5% Market Share In Romania Only To Return To Profit

Generali, one of the world’s largest insurers, which owns a top ten company on the Romanian market, says the local insurance sector is not in a very comfortable situation right now because o...

Ecaterina Craciun · 30.04.2012 · 00:00 · 2 min
BRD Starts Fight Over Market Share
Banks-Insurance

BRD Starts Fight Over Market Share

BRD-SocGen, the second largest bank on the local market by assets and the best profit maker, will drop the strategy used in the past two years when it protected profitability at all costs, a...

Razvan Voican · 05.03.2012 · 00:00 · 2 min
Technology &Telecoms

Samsung Aims For 15% Share Of Laptop Market

The local subsidiary of South-Korean company Samsung has plans for an aggressive growth on the portable computer market, on which it entered in February 2011. It aims to become one of the to...

Adrian Seceleanu · 15.12.2011 · 00:00 · 1 min