Observator de Bacau - Romanian news - english edition » Business

In 2008, the trend remains the same

Observator de Bacau — Sat, 14 Mar 2009 15:03:35 +0000

In the experts’ opinion, the most dynamic segments of the insurance market will continue to be in 2008, also, the auto insurances, private pensions and corporation sector.

By the advanced estimations of the auto experts, in 2008 the auto market will exceed, most probably, the limit of 350.000 units sold, the value of the sales being of about 3.5 billion euro. This evolution of the market has direct implications on the insurance market, implicit generating an increase of the RCA obli…

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Life insurances, durable growth on long term

Observator de Bacau — Sat, 14 Mar 2009 16:03:44 +0000

The value of the new life insurance contracts increased in the last quarter from 2007 with 47,7%, against the period July-September, evolution sustained by the private pension sales from Romania, which contributed with 116 million euro, it is shown in the financial report of ING Group.

The launch of the second Pillar of private pension in Romania brought 71 million euro to sales, in the context in which ING draw over a million customers until the end of the year, which represents a marke…

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The SMEs sector, a market with huge potential

Observator de Bacau — Sat, 14 Mar 2009 16:03:36 +0000

In Romania there are over 400.000 SMEs which represent an approached market till now, more like the big companies, with quite complex requirements. The insurers must adapt the strategies of drawing of potential corporate clients, to new realities and companies structures from business environment.

The huge potential of this segment of the insurance market was noticed by the Romanian insurers before the accession of our country to the European Union. The sector of SMEs is in a continuum p…

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The principle of buyers protection

Observator de Bacau — Sat, 14 Mar 2009 16:03:59 +0000

For the ones that work on the domestic capital market, since the beginning, every IPO represents an additional motive for the consolidation of a motionless conviction: the provisions of the CNVM regulations regarding OPV, regards on several formal aspects of the issue and of the issuer activity, important too, beyond any doubt. But under this side are often hidden intentions not at all orthodox of the seller. Or, these intentions, near the fact that are more important than the figures, the repor…

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An accommodation night costs even 500 euro during April 2-4

Observator de Bacau — Sat, 14 Mar 2009 14:03:04 +0000

The NATO summit from April sets going a whole industry of the products and services supplies. For many of these the deadline for send the documentation expired and for others is for the curent month or in March. The demand is for a whole portfolio of offers, from renting hotels and cars to catering, furniture and decorative products.

Many companies have already hand in products and services offers for the preparation of the summit which will carry on in Bucharest during April 2-4. Other au…

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Fiscal politics regarding the deductible costs

Observator de Bacau — Sat, 14 Mar 2009 16:03:25 +0000

The term of deductibility represents from the accounting and fiscal point of view, an admission of an element from the financial reports which is allowed to be carried on by an economic agent in his activity. Reported to the costs, in the determination and accounting process of the profit tax, the deductible costs represent those costs which are recognized from the fiscal point of view. As regarding the fiscal regime the deductible costs are analyzed from two points of view.

A first aspect …

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Gazprom way towards Europe

Observator de Bacau — Sat, 14 Mar 2009 16:03:39 +0000

The Russian gas is scarier than the Russian tanks- the sentence is attributed to the president of the E.ON Ruhrgas Group, Burhard Bergmann. After 36 years of work in the German concern, he will retire in a month.

How did the Russians got to export gases in Europe? Everything started in 1996, a Soiuznefteeksport employee remembers. We have huge gas reserves, just well for sewerage, but not of pipes. Somebody thought of buying pipes overboard and to pay with natural gases, Aleksandr Lantov r…

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Companies are looking for new fidelity methods of employees

Observator de Bacau — Sat, 14 Mar 2009 17:03:04 +0000

The year 2008 brings for many companies in Romania great personnel fluctuations or emphasized crisis of the work force, especially in areas as IT, FMCG, services, banking area, constructions and, not the last, in production. The personnel retention programs must also take into account the external factors, to action in time, and the solutions to be adapted to the situations happened on the labour market.

Lately is being observed a diversification of benefits, a more flexible and varied …

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BRD, TLV, EBS – in the attention of investors

Observator de Bacau — Sat, 14 Mar 2009 14:03:53 +0000

The effects of the crisis which the international banking system crosses of a few months will fell marginalized at the Romanian market level. In the most pessimistic scenery, this could bring to a slowing of the developing rhythm.

The analysts of the financial investments services company Broker Cluj consider that, in the next months, the quotations of the three listed big banks at the Bucharest Stock Exchange Transylvania Bank, BRD Group Societe Generale and Erste Bank have an increase …

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SCPPS confirms Eugen Voicu

Observator de Bacau — Sat, 14 Mar 2009 14:03:46 +0000

The Council of the Supervision Commission of the Private Pension System (SCPPS) gave the approval for changing the authorization documentation of the Aviva Administration Company of a Private Pension Fund SA.

By this approval SCPPS approves the appointment as general director of the company of Eugen Voicu. Eugen Voicu will also hold the position of general director of Certinvest SAI. Besides this position, he will also hold the position of investment director within the pension company. …

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