Arhiva Wall-StreetEnglish-Version / 14 August 2009

Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street din 14 August 2009.
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Romanian economy slumps 8.8% in Q2
Romania’s economic contraction stood at 8.8% in second quarter versus record 9.3% growth a year earlier, data from National Institute of Statistics show.
Top 6 industries doing well in the downturn
Even though many industries are struggling to stay afloat during hard times, certain sectors have not only managed to escape the current downturn but actually grew stronger. Wall-Street analyzed...
Impact reports H1 gross profit of 3.27 m lei, beats estimates
Impact Developer & Contractor SA, builder of Greenfield residential compound reported a pre-tax profit of 3.27 million lei in first half, exceeding own estimates by 3%.
ING Bank�s gross profit doubles in H1
ING Bank Romania’s pre-tax profit doubled in first half 2009 to 114 million lei (26.95 million euros), up 101% from a year earlier on 77% increase in net incomes.
Rompetrol Well�s half-year profit sinks 36%
Rompetrol Well Services (BSE: PTR), the oil services division of Rompetrof, reported a half-year profit of 7.99 mn lei (1.89 mn euros), down 38% from a year earlier on lower revenues, according to...
Leu strengthens against euro
The benchmark exchange rate settled by the National Bank of Romania lowered 0.19 percent to 4.2158 lei per euro, on a calm market, but the national currency began to lose ground from the level...
Sonae Sierra posts net loss of 94.2 million euros in H1
Portuguese developer Sonae Sierra said its equity holder’s consolidated net profit in the first half of 2009 was negative of 94.2 million euros, compared with a consolidated net profit of...
TBWA threatens Danone with insolvency
Advertising agency TBWA has requested the Court of Bucharest to open insolvency proceedings against Danone yogurt maker for not paying the fee for BTL services brought last year, according to a...