Arhiva Wall-StreetEnglish-Version / 26 Noiembrie 2009

Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street din 26 Noiembrie 2009.
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  Cost-cutting measures help Bancpost taste profit again

  Banking operations of EFG Eurobank in Romania, parent-bank of Bancpost, generated a net loss of €4.3 million, 43% lower than €7.6 million in first half, thanks to its cost-containment...

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  Tiriac offloads 49% stake in Mercedes Benz Romania

  Billionaire investor Ion Tiriac agreed on November 13 to sell 49% stake in Mercedes-Benz Romania SRL to Daimler.

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  Leasing industry to remain in doldrums in 2010

  In the best case scenario Romanian leasing market would remain in 2010 at this year’s level, according to financial leasing companies, who expect revenues below €1.5 billion this year.

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  FedEx adds new forwarding locations

  Package delivery company FedEx Express, subsidiary of FedEx, will expand its presence in Romania by launching a new shipment service between Romania and Europe with the introduction of a new...

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  Generics market to grow 14% in the next two years

  Generic drug market in the Central and Eastern Europe, which was worth €17.2billion last year, is expected to grow by around 14 percent per annum between 2009 and 2011, up to €22.3billion.

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  ING Bank Romania posts 9month profit up 23%

  ING group posted pre-tax profit of 109million lei (€25.78million) for its operations in Romania in the nine months ending September 30, 23% above year-ago levels. Net revenues for Jan-Sep...

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  Midday Forex: Leu touches one-year high versus US dollar

  The benchmark exchange rate set by the National Bank of Romania for the U.S. dollar fell to the one-year low, of 2.8355 lei per dollar. Against euro, the leu strengthened to 4.2597 the lowest in...

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  2009 notebook shipments down 47.91%

  Portable computer shipments should drop 47.91percent in 2009 to 250,000 notebooks from 480,000 in 2008, according to Acer Notebook country manager for Romania, Constantin Balmus.

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  FIC stocks end 1.22% higher

  FIC stocks (BSE:SIF) at the Bucharest Stock Exchange finished up 1.22% today, in a steady session, amid intense speculation over Parliament’s decision to raise equity holding cap of 1%.