Arhiva Wall-Street - luna Martie 2010 - English-Version

Better prospects in 2010 for the M&A market
1 Martie 2010
The survey generally makes encouraging reading, suggesting that although, in 2009, deal activity globally fell 22% compared with 2008, there have been some recent positive signs which pointing to a rebound. In the fourth quarter of 2009, deal volume...

Erste Group’s 2009 profit rises 5% amid crisis
1 Martie 2010
In 2009, Erste posted a record operating income of €3.77 billion, up 25.8% from a year earlier. “The past year has also proved that the countries of Central and Eastern Europe – despite weaknesses in the institutional framework...

Execs see more job cuts ahead
1 Martie 2010
According to the NIS survey, processing industry executives predict a relative stability in output, the cyclical variation being -3%, significantly improved from January survey, of -12%. Processing industry executives expect a reduction in staff...

Salans advised Franklin Templeton in the selection process for FP
1 Martie 2010
The law firm acted as Romanian counsel to Franklin Templeton during the tendering process and subsequent negotiation and signing of the management agreement. The company also advised the investment management firm on the regulatory, corporate and...

GTC says adieu to profit in 2009
1 Martie 2010
Last year, the company sealed several leasing agreements for office spaces in Poland, Romania, Croatia, Serbia and Hungary. In Romania, GTC completed the construction of two office buildings in the City Gate project (44,000 sqm leasable area) in...

Midday Forex: Leu soars to two-week high
1 Martie 2010
The leu hit its strongest level since February 11, when the central bank set a reference rate of 4.1071 lei/euro. “The leu moved surprisingly higher today, on heavy euro sell-off. The growth in the region also added steam to the leu's rally,...

Cofidis pulls out of Romania
1 Martie 2010
“Considering on one hand Romania’s economic situation, the 7.3% drop in GDP in 2009 and on the other hand the low performance of the company that don’t point to a sustained recovery over the coming years, the shareholders have decided...

Radu Mihaileanu wins two Cesar awards
2 Martie 2010
The film directed by Radu Mihaileanu (France-Romania-Belgium-Italy) won the awards for The Best Music Written for a Film, and Best Sound. The film tells the story of a 25-year old conductor of the Bolshoi orchestra, who was fired by the soviets for...

ING: Romania is at risk of overshooting budget-gap target
2 Martie 2010
ING Bank economists said that the too optimistic view of the Ministry of Finance on social security contributions would eventually lead to an overshooting of the budget deficit target. "We believe there is a chance the budget deficit target will...

Grim outlook for Bucharest malls: high vacancy rates and poor sales
2 Martie 2010
Shopping centers in Romania have a total retail space of around 2 million sqm spread across 100 malls. In total, the opening of the shopping centers announced for this year could add another 3 million sqm to the existing provision. “Bucharest in...

Midday Forex: Leu falls slightly against euro
2 Martie 2010
The central bank set a reference rate of 4.1054 lei/euro, 0.05% below Friday level of 4.1073 lei/euro, in line with its peers in the region. “The leu moved higher today in line with the region. The exchange rates hit a new low of 4.1020-4.1050...

CEZ Romania to invest €52 million in 2010
2 Martie 2010
“The largest portion of this amount, around €50 million, will be fed into the power distribution sector, CEZ Distributie. The remaining €2 million will go to the other companies in Romania: CEZ Trade, CEZ Vanzare and CEZ...

Renault boosts capacity at Moscow plant
2 Martie 2010
Renault’s investment in the production output increase stands at $150 million. The carmaker poured $230 million in the construction of its Moscow plant. The Sandero produced at Avtoframos plant made its debut on the market on March 1....

Top 10 best performing stocks at BSE year-to-date
2 Martie 2010
Of all the 70 companies traded at the Bucharest Stock Exchange, 47 recorded price growth year to date. Wall-Street compiled a list of ten stocks by their year-to-date performance. Only stocks with a trading liquidity higher than 10 million lei are...

Multinationals swap Bucharest CBD with secondary locations
3 Martie 2010
Why multinational companies relocate to secondary areas? An increasing number of companies have expressed their interest in moving into office buildings in large cities outside Bucharest, leaving behind empty office spaces that may be difficult to...

Dacia announces Duster price
3 Martie 2010
As of today, March 2, Dacia Duster is available for order in any of the 100 Dacia showrooms. Dacia Duster is available in Romania at a base price of €10,500 (VAT included) in the 4X2 version and €12,300 (VAT included) for the 4X4 version....

How exposed is Romanian banking sector to debt troubles?
3 Martie 2010
Moody’s rating agency has reaffirmed yesterday its negative outlook on the Romanian banking system, as it expects increased credit and funding costs to continue to weigh on Romanian banks' profitability over the short-to-medium term amid the...

Digital tribe – concept or reality?
3 Martie 2010
No matter if they are called Virtual Worlds, eCommerce, Search Engines, Social Networking/Social Media , the virtual worlds mix with and shape people’s existence in ways never conceived just one decade ago. People already have a digital...

Top 10 money-making football clubs
3 Martie 2010
Below are the top 10 most profitable football clubs in the world, as listed by Deloitte. The world’s largest professional sports team proved relatively resilient to economic downturn, according to the latest Football Money League from business...

Austrian banks reduce exposure to Romania
3 Martie 2010
The data on the international banking market provided by the Bank for International Settlements, also called “the bank for central banks”, point to a reduction in European banks’ position to Romania by a collective €3.5 billion,...

Transgaz casts doubt over its involvement in South Stream
3 Martie 2010
The state-run gas company said it had received a letter of intent to take part in the feasibility studies for the construction of the South Stream gas pipeline project. “Diversification of gas imports and increase of Romania’s energy...

Tobacco smuggling burns €1bn in Government pockets
3 Martie 2010
A Novel Research study indicates that bootleg cigarette sales will make up for 36.2% of the total in Romania in February 2010, from 22% in the last quarter of 2009. The price of a smuggled pack of cigarettes averages 5.9 lei, 4 lei below the legal...

Midday Forex: EUR/RON hovers near 4.1090
3 Martie 2010
The central bank set a reference rate of 4.1092 lei/euro, up 0.09% from yesterday’s rate of 4.1054 lei/euro. In the interbank market, the leu teetered between 4.1050 and 4.1135 units/euro. “The leu is hovering near a psychological barrier...

Energy stocks lead BET-NG 2% higher
3 Martie 2010
The liquidity at the Bucharest Stock Exchange increased to 25.32 million lei, (€6.17 million) up 16% from yesterday’s 21.83 million lei (€5.32 million). BET index that gauges the performance of the ten most actively traded stocks at...

China considers massive investments in Romania
4 Martie 2010
“The talks addressed the issues arising from Romanian-Chinese economic and commercial exchanges, as well as the development of strong bilateral relationship in the future”, the ministry said in a media release. The latest data suggest...

EU provides €5.7 bln financial assistance to its neighbors
4 Martie 2010
The European Union will support 19 major projects. The largest recipients of the financial assistance will be Morocco (€580.5 million), Ukraine (€470.1 million), and Egypt (€449.3 million). Israel will receive the lowest share of the...

Holcim Romania’s clinker and cement sales dive 19%
4 Martie 2010
“The construction sector in Eastern and Southeastern Europe experienced a major decline. In Hungary, Romania and Bulgaria, private construction activity all but ground to a halt and a large number of public-sector infrastructure projects ceased...

Romania’s GDP shrinks 6.5% in 4Q
4 Martie 2010
The country’s GDP for the last quarter of 2009 is estimated at 152.295 billion lei (€35.7 billion). The average exchange rate for the quarter ending December 31 was 4.2659 lei/euro, according to data provided by the National Bank of Romania....

Romania doubles Russian gas imports
4 Martie 2010
“Last year, Romania’s domestic gas consumption stood at 13 billion cubic meters, of which 11 billion cubic meters was covered by the country’s gas production, and the remaining 2 billion cubic meters was covered by imports from...

Dacia Duster in right-hand drive as of 2012
4 Martie 2010
“We’ve been watching closely Dacia’s remarkable success over the last few years, so naturally I’m thrilled that we’ll soon be able to start showing the British public what all the fuss has been about across the...

Midday Forex: Leu posts modest gains against euro
4 Martie 2010
“The euro’s gain versus its US counterpart has spread optimism to the emerging markets. The leu’s rebound was also driven by the news in the local market (fourth-quarter GDP data). Greece’s new series of austerity measures have...

Deichmann posts 114% growth in revenues
4 Martie 2010
The shoe retailer increased its presence in Romania in 2009 by adding 8 new outlets to the existing 13. The group’s revenues rose in 2009 by 9%, from €3.1 billion to €3.4 billion. Deichmann sold 138 million pairs of shoes in 2009, 8.3%...

Germanos takes up Zapp’s retail business
4 Martie 2010
Zapp users will now be served by the 250 Germanos stores spread across the country that will provide full-range services, such as invoice payment, card recharging, subscription renewal, and others. At Germanos stores, Zapp users will have the...

BSE stocks close up 0.40%
4 Martie 2010
The liquidity at the Bucharest Stock Exchange rose to 33.4 million lei (€8.13 million), from 25.32 million lei (€6.17 million) yesterday. BET index that gauges the performance of the ten most actively traded stocks at BSE closed up 0.22% to...

Edit Vesser, BNP Paribas Real Estate: real estate is rock ‘n’ roll
5 Martie 2010
BNP Paribas Real Estate’s bets for 2010 Both to Edit Vesser (photo) and to the company she runs, 2010 marks a new beginning: an opportunity to get even better and gain market share. BNP Real Estate’s priorities will be office, luxury...

Top 10 airlines in Romania
5 Martie 2010
After the accession to European Union, Romania has become a tempting market for airline carriers. Wall-Street lists the ten largest airline carriers in the local market by weekly seat capacity.

20 media persons to follow on Twitter
5 Martie 2010
On Twitter, Romanian media persons share ideas, ask for solutions, or post links of what they’ve seen and liked. Wall-Street compiled a list of 20 microbloggers worth to follow on Twitter.

GDF SUEZ Energy Romania pours 200mn lei in gas distribution
5 Martie 2010
“This year investments are close to 2009 level, namely around 200 million. The amount will go to the upgrade, maintenance and expansion of gas distribution infrastructure. The exact amount will be set in the board meeting that is scheduled for...

Leu grows slightly versus euro
5 Martie 2010
For the US dollar, the central bank set a reference rate of 2.9914 lei/dollar, down 0.68% from Wednesday.

EADS seals agreement with IAR Ghimbav
5 Martie 2010
This means that work can now begin on constructing the first building section on the 60,000 m² premises. This production unit will already start operations during the course of 2010, and will be fully completed by the end of 2011. The new...

BSE stocks end mixed
5 Martie 2010
The liquidity at the stock market has been fairly modest today, with only 12.93 million lei (€3.16 million), versus 33.4 million lei (€8.13 million) yesterday. However, the bond market generated 51.69 million lei, after the transfer of 4,682...

Caroli Foods forms processed meat JV with Campofrio
8 Martie 2010
The joint venture would create a local processed meat leader, with a combined market share of over 16% and revenues of around €120 million. While Romania will keep its position as the group’s core market, the new joint venture plans to...

Coca Cola HBC hikes capital
8 Martie 2010
The company will thus raise the number of shares from 24.8 million to 31.3 million. “The company’s share capital (e.n. Coca Cola HBC Romania) is divided into 31,345,189 shares, each at a face value of 10 lei”, the soft-drink maker...

Poor infrastructure funding could deepen recession
8 Martie 2010
According to the survey, 56% of the respondents said lack of funds remained the largest obstacle in infrastructure development. “While stimulus spending was a first step, many government officials are clearly telling us that they need a...

ING: NBR will cut main rate to 6.5%
8 Martie 2010
“We expect the next rate-setting session to mark another 50-basis points rate cut to 6.5% - a level that has already been factored in by the market, if we look at the current level of interest rates, even if the median forecast points to a 25...

Renee Blanche eyes 15% share of local hair care market
8 Martie 2010
The company targets hair designers and colorists with a range of products especially created for them. “In the first year, all our efforts will be focused on promoting and raising awareness of our products. On a medium term, Renee Blanche targets...

Midday Forex: Leu trades near February high
8 Martie 2010
The leu touched its strongest level against its European counterpart since February 2, when the central bank set a reference rate of 4.0877 lei/euro. “The release of U.S job data is probably the event of the day. If the job data came in line...

FICs close up 2.4%
8 Martie 2010
The liquidity at the stock market soared Friday to 20.56 million lei (€5.02 million), from 12.93 million lei yesterday. Bond sector generated 3.53 million lei, after the transfer of 312 state securities. BET index that gauges the performance of...

Average net income drops to €344
9 Martie 2010
On a year-on-year basis, the average net nominal income increased by 5.2%, while real income index remained unchanged from the same period of last year. In December, average net income had risen 8.1% (111 lei) from November to 1,477 lei. The average...

Interview with M. Atay, GarantiBank CEO: We’re moving towards the end of recession
9 Martie 2010
Target: 50 new outlets in 2 years GarantiBank’s expansion strategy in Romania envisages the opening of another 50 new units over the next two years, in a time when its peers do the exact opposite. “We will open new branches, and our...

Sunt 5 pagini in Arhiva Wall-Street - luna Martie 2010 - English-Version.
Pagini: 1 2 3 4 5