Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street in luna Aprilie 2009.
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Richard Moat, the leader of the biggest mobile telecommunication operator in Romania, Orange, said it would relinquish his role as chief executive officer for personal reasons.
The future looks bleak for small businesses: 25% risk bankruptcy this year, while managers consider a drastic 10% headcount cut. What could be the timely solutions to safeguard the SME...
The Vienna Stock Exchange launches four sector indices for Russia, designed to gauge the performance of mining & metals, energy, oil and gas and telecommunication sectors.
An increasing number of companies choose to train their employees in their own working environment, as human resources managers are forced to deal with narrower budgets as well as to ensure...
The Romanian central bank (BNR) board decided today to keep the main rate at 10 percent per year in line with analysts’ estimates and reduce long-term required reserve ratio for foreign...
Intel, the world’s largest producer of microprocessor, said it planned to recruit staff from Romania in 2009 and in the coming years, despite the financial crisis, said the sales...
The National Securities Commission (CNVM) approved the exit from the Bucharest Stock Exchange of paint maker Policolor starting with April 6 after withdrawals of minority shareholders came to...
Erste Group analysts decided to downgrade recommendations for Petrom shares (SNP), the largest company in Romania by market value, from "Buy" to "Accumulation" and...
The local branch of the Dutch group Aegon is looking into the possibility of rolling into the Romanian general insurance market some time in the future, but this year will only focus on the...
The slashing to zero of reserve requirement for foreign currency liabilities maturing in more than two years will release below 1 billion euros on the market, but will surely stimulate lenders into...
Gross Domestic Product of emerging Europe is expected to contract by 3.1% in 2009, a severe and abrupt recession after growth of 4% in 2008, said Edward Parker, Head of Emerging Europe...
At a time when dark clouds are gathering over the local stock market, the dividends paid out by issuers listed at BSE are of paramount importance of any investment decision.
The premiums of the group companies of the Vienna Insurance Group amounted to 608.22 million overall in 2008 which corresponds to an increase of 47.1%.
NBR’s decision to pare to bone the reserve requirements for foreign currency liabilities with two-year maturity will unlock a minimum of 1 billion euro in the market, said the councilor...
With the zooming unemployment rates, cash drought and rising costs of loans, an increasing number of borrowers got into arrears on their loans, not affording any longer their monthly credit...
The rescue package agreement with International Monetary Fund is what Romania needed, and the economic growth will remain positive, based on internal and external resources, by providing the...
The Israeli insurer group Clal is negotiating with an investment group to sell its Romanian subsidiary in the second quarter of the year to optimize resources, declared the general manager...
The number of jobless in Romania could hit 550,000-600,000 by yearend, but it will remain below the 800,000 mark projected by International Monetary Fund, said the president of Labor...
Romania's central bank BNR posted today a reference exchange rate of 4.1893 versus the euro, 0.72 percent down from yesterday, the leu increasing thus for the tenth session in a row,...
John Ashcroft, former president of IOPS (The International Organisation of Pension Supervisors) and now independent consultant for international pension institutions, speaks in an interview for...
Michelle Dietrich, general manager at World Class at Grand, waved a final goodbye to “the land of opportunity”, back in the 95’and embarked on a journey to Poland,...
Asirom estimates a 10 percent rise in the gross premiums written volume this year versus 2008, the advance to be seen mostly on the house and industrial property insurance policies, declared...
Rating agency Moody's lowered today the outlook of Romania's largest bank by assets BCR for the local currency deposit ratings from stable to negative after it downgraded the bank...
The financial Portuguese group Millennium bcp and the National Bank of Greece capitalized their Romanian subsidiaries with more than 100 million euros in February, three times the amount in...
Foreign capital infusions in the insurance companies in Romania amounted in February to 98.3 million euros, 2.5 times more than reported in the same month last year, according to the...
Romanian construction companies plan to create a financial institution for financing the construction sector, following to attract the required capital from inside sources.
Romanians’ appetite for the "food of the gods" pushed up the business of Heidi Chocolat maker by 14%, up to 43 million lei (roughly 12 million euros) in 2008. In spite of the...
Companies in Romania will pay at least 4,333 lei in the last eight months of the year as a result of the poll tax to be introduced on May 1 and the tax will be raised to an annual 6,500 lei...
ATEbank Romania, the unit of the state-controlled Greek lender Agricultural Bank of Greece SA, estimates to boost its gross profit three-fold this year over 2008 to 12 million lei, on 16.5...
Electricity provider Electrica could dismiss another 200-300 employees next month if the electricity consumption drops, apart from the 1,700 people sent home in January, the executive president of...
Radacini group, dealer of carmakers Daewoo, Opel, Chevrolet, Mazda and Suzuki, could see 50 percent lower sales in the first quarter over the similar period last year, as an effect of the economic...
The reference exchange rate set today by the central lender BNR lowered by 0.82 percent versus the previous session to 4.1549 lei per euro, close to the national currency's level on the...
The provisions set aside by banks stood at 8.75 bln lei at the end of January 2009, 120% more compared to prior-year period, of which nearly three quarters were to cover bad loans or loan...
The International Monetary Fund (IMF) will launch a donor-supported trust fund to finance technical assistance in Anti-Money Laundering and Combating the Financing of Terrorism.
At a time when the real estate agents start to feel the pain of empty pockets or of being downsized, their approach to clients are now turning into crucial factors for them to survive the...
The financial package arrangement, concluded with major international financial institutions has made lenders adjust their lending rates, as the bankers heralded few weeks earlier.
Romanian Air Traffic Administration, Romatsa will reduce headcount from 1,800 to 1,600 by year end, said the managing director of Romatsa Bogdan Donciu at the regional reunion on aviation...
The new Renault Megane models are now available in Romania starting from 12,900 euros and Megane Coupe from 14,350 euros (prices include VAT), both with 1.6-liter petrol engine, 16V developing 110...
The impacts of the global financial and confidence crisis have wormed their way into the real economy especially, and the extreme slide of the equity markets over a period of more than one...
Business newswire Wall-Street.ro, edited by InternetCorp., remained the number one online destination in March, marking a 83.6% growth from prior-year period. Wall-Street is thus defending...