Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street in luna Mai 2010.
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The Finance Minister Sebastian Vladescu said after discussing with the representatives of the International Monetary Fund (IMF) mission in Romania the value added tax (VAT) will not be hiked.
The total assets of Romania's largest lender by assets Banca Comerciala Romana (BCR), owned by the Austrian group Erste, lowered 2.4 percent to 62.97 billion lei at the end of March, from 64.53...
Romania's Central Bank (BNR) posted a reference level of 4.1276 lei per euro, 0.25 percent down from the previous session, as the other regional currencies also gained ground versus the euro.
BRD- Groupe Societe Generale reported a 5% fall in first-quarter net profit, to 199 million lei (€49 million), and 1.4% drop in total assets.
Stock brokerage firm WBS Romania climbed three positions in April from fourth, with the most futures contracts handled at the Sibiu Stock Exchange, namely 48,613.
Spain-based private equity firm GED acquired 92% of Infopress, the largest provider of printing services in Romania, for an estimated €12 million, the legal adviser in the deal, Biris Goran...
CEC Bank announced it eliminated the early repayment fee on entire range of consumer credits, in an effort to meet the European regulations on credit agreements for consumers.
Romania’s currency reserves increased in April by €350 million (1.1%) month-on-month, to a record €32.386 billion, after crediting Pubic Finances' accounts, the National Bank of...
Citibank has appointed Tibor Pandi as Citi Country Officer for the bank’s business in Romania, with effect from April 6, 2010, following to be confirmed as chief executive of Citibank Europe...
The National Bank of Romania set a reference rate of 4.1275 lei/euro, narrowly below Friday level, as other currencies in the region had a strong start but wiped out early gains in midday trade.
Romanian car manufacturer Dacia will launch in Romania the Black Line limited edition versions of Logan, Sandero and Logan MCV after being available in France.
Real estate developers waste 10-15% of a real estate project costs, due to lack of efforts put in the design, lack of skilled labor and leadership, according to a recent King Sturge study.
The Ministry of Communication will sign on May 4 at Brussels the Memorandum of Understanding for the introduction of the interoperable in-vehicle emergency call service aimed at reducing the number...
Peter Frank, former banker and business journalist has been appointed as marketing director of Adevarul Holding, Peter Imre, chief executive of the media group told Wall-Street.
Stocks at the Bucharest Stock Exchange capped the first day of the week with a sharp decline across all indices, the total trade value rising four-fold from Friday, to 26.84 million lei (€6.5...
Spain-based private equity fund GED said it would continue to invest in Romania another €20-25 million in new ventures and in the companies already in its portfolio, Anca Ionescu, deputy...
The National Bank of Romania set a reference rate of 4.1352 lei/euro, up 0.19% from yesterday, as the leu’s peers in the region also lost ground to euro.
The most traded stocks at Bucharest Stock Exchange closed 4% lower today, while the five financial investment companies suffered a harder hit, and finished 5% down, after the International Monetary...
Wolf Theiss’ Bucharest office, through a team of lawyers led by Ciprian Goldeanu has advised the construction company Bog’Art in a rental agreement with UniCredit Tiriac Bank on the...
For most of us, Carpati brand makes us remember vividly of the first cigarette we smoked, a brand that dominated the tobacco market long before the invasion of global giants. Now, Carpati, Snagov...
Stocks at Bucharest Stock Exchange came under extreme pressure in April, as a raft of economic news pushed the market’s most traded stocks sharply lower. However, there have been companies...
Fitch Ratings has revised Oradea’s outlook to stable from negative and affirmed its long-term foreign and local currency ratings at ‘BB+’ and ‘BBB-‘ respectively, the...
The National Bank of Romania lowered its benchmark interest rate to 6.25%, the lowest level since the introduction of the current monetary policy.
The Ministry of Foreign Affairs said all international flights into and out of Thessaloniki airports (Greece) have been canceled on Wednesday, May 5, 2010, while rail and ferry operations have been...
Dacia unveiled today in Bucharest the Black Line limited edition versions of Logan, Sandero and Logan MCV with five and seven seats.
The International Monetary Fund said it was considering four budget revenue growth options, but warned that the country’s fiscal situation will get worse in 2010, said the IMF mission chief,...
Central European Media Enterprises (CME) said its first-quarter net revenues rose 5% year-on-year, to $143.6 million. However, EBITDA slumped 97%top $800,000.
Buying an apartment in a new homebuilding is not an easy task, as more and more home buyers are having unpleasant surprises after the transaction is made. Home inspection can keep you out of the...
The National Bank of Romania set a reference rate of 4.1492 lei against euro, up 0.34% from yesterday, in line with its peers in the region.
Microsoft and Nokia today launched today the first application from their alliance around mobile productivity, Microsoft Communicator Mobile for Nokia devices.
European Commission opened infringement procedures against Romania for the development of tourism facilities in Sulina.
Financial investment company Fairwind Securities, held by businessman Dinu Patriciu, has launched a new margin lending product that enables customers to borrow up to 50% of the value of the...
Erste Bank said that SIF’s profitability in 2010, and future cash positions in particular, would not allow financial investment companies to distribute dividends for fiscal year 2010.
Stocks at the Bucharest Stock Exchange traded sharply lower for another day, gripped by European debt fears that sparked a broad sell-off.
Penthouse apartments are usually the last flats put up for sale in a development. Wall-Street lists the ten most expensive penthouse apartments in Bucharest that range from €300,000 to €3...
European Commission warned in its Spring Forecast that without further deficit correction measures, the 2010 budget gap could reach 8% of GDP in Romania.
Building materials manufacturer Baumit Romania, subsidiary of Austria-based Schmid Industrie Holding, has opened today the third largest dry-mortar factory in Romania, in Bolintin Deal, Giurgiu...
The International Monetary Fund staff mission to Romania will be prolonged until May 9, the institution said.
Romanian operations of the U.S-based consumer products giant Procter&Gamble recorded revenues of €596.5 million, up 10.9% from 4.1% decline in 2008 turnover.
The National Bank of Romania set Thursday a reference rate of 4.1833lei/euro, up 0.82% from yesterday, the highest in four months, as other currencies in the region remained mostly weak against...