Arhiva Wall-StreetEnglish-Version / Martie 2010

Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street in luna Martie 2010.
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  • Better prospects in 2010 for...
    1 Martie 2010

    Better prospects in 2010 for the M&A market

    Despite the market remains challenging, prospects for the mergers & acquisitions market are better in 2010 than they were in 2009, the annual survey carried by KPMG International in conjunction...

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    1 Martie 2010

    Erste Groups 2009 profit rises 5% amid crisis

    Erste Group, the parent bank of Romania’s Banca Comerciala Romana said its 2009 net profit rose 5.1% from 2008 to €903.4 million, as almost all its CEE subsidiaries have seen significant...

  • Execs see more job cuts ahead
    1 Martie 2010

    Execs see more job cuts ahead

    Romanian employers anticipate a relative stability in manufacturing activity over the next three months, a decline in construction and retailing industry, and a modest slowdown in services, with...

  • Salans advised Franklin...
    1 Martie 2010

    Salans advised Franklin Templeton in the selection process for FP

    Legal adviser Salans advised Franklin Templeton Investment Management Limited, the UK-based investment management company, part of Franklin Templeton Investments group, throughout the selection...

  • GTC says adieu to profit in 2009
    1 Martie 2010

    GTC says adieu to profit in 2009

    Globe Trade Center developer (GTC), that recently completed the two office buildings in the Presei Libere Square swung to a loss in 2009,after €190 million profit a year earlier. The...

  • Midday Forex: Leu soars to...
    1 Martie 2010

    Midday Forex: Leu soars to two-week high

    The leu moved markedly higher against its European counterpart in the morning trade today, the National Bank of Romania setting a reference rate of 4.1073 lei/euro, the lowest in two weeks, amid a...

  • Cofidis pulls out of Romania
    1 Martie 2010

    Cofidis pulls out of Romania

    The shareholders of the Internet-based credit products company Cofidis IFN, have agreed to end its operations in Romania and sell its accounts receivables, “under reasonable conditions”...

  • Renault boosts capacity at...
    2 Martie 2010

    Renault boosts capacity at Moscow plant

    French-based automaker, Renault, that holds Dacia brand, boosted the production capacity at its Moscow-based Avtoframos plant where both Logan and Sandero are produced, from 60,000 to 160,000...

  • 2 Martie 2010

    Top 10 best performing stocks at BSE year-to-date

    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...

  • Radu Mihaileanu wins two...
    2 Martie 2010

    Radu Mihaileanu wins two Cesar awards

    “The Concert” movie directed by Radu Mihaileanu won two awards at the 2010 Cesar awards ceremony held at the Chatelet Theater in Paris, France. “A prophet” dominated the...

  • ING: Romania is at risk of...
    2 Martie 2010

    ING: Romania is at risk of overshooting budget-gap target

    Romania is at risk of overshooting the budget-deficit target of 3.19 billion lei agreed with the International Monetary Fund for end-2010 by around 1.5 billion lei, as the Romanian government had a...

  • Grim outlook for Bucharest...
    2 Martie 2010

    Grim outlook for Bucharest malls: high vacancy rates and poor sales

    Shopping centers in Bucharest have a total retail floorspace of 500,000 sqm, and with a development pipeline figure of around 3 million sqm across the country, the vacancy rate is very likely to...

  • Midday Forex: Leu falls...
    2 Martie 2010

    Midday Forex: Leu falls slightly against euro

    The leu was edging up in the early trades against its European counterpart to 4.1020 units/euro, but fell steadily after 13:00 to 4.12 units/euro, after NBR pumped 628 million lei into the market.

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    2 Martie 2010

    CEZ Romania to invest 52 million in 2010

    CEZ Romania will invest €52 million in 2010, mainly in the power supply sector, few millions less than a year earlier, according to chief executive of the power company, Jan Veskrna.

  • Multinationals swap Bucharest...
    3 Martie 2010

    Multinationals swap Bucharest CBD with secondary locations

    Office space demand across secondary markets outside Bucharest is expected to grow gradually, led by multinational companies that are already moving their staff to high-quality low-rent office...

  • Dacia announces Duster price
    3 Martie 2010

    Dacia announces Duster price

    Dacia has announced pricing for its new first SUV, the new Duster that will be unveiled today at Geneva auto show.

  • How exposed is Romanian...
    3 Martie 2010

    How exposed is Romanian banking sector to debt troubles?

    The fundamental credit outlook for the Romanian banking sector is negative, reflecting the challenging conditions in the local economy stemming from the global financial crisis, says Moody's...

  • ...
    3 Martie 2010

    Digital tribe concept or reality?

    Google, Yahoo, Hi5, Facebook, MySpace, Twitter, Meebo, LinkdIn, YouTube, SecondLife, blogs and many more services are non-disposable components of the everyday life in the digital world.

  • 3 Martie 2010

    Top 10 money-making football clubs

    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,...

  • Austrian banks reduce...
    3 Martie 2010

    Austrian banks reduce exposure to Romania

    Austrian parent banks have decreased their exposure to Romania by a collective €1.79 billion between July and September to €28.31 billion, after the €178-mln reduction a quarter...

  • Transgaz casts doubt over its...
    3 Martie 2010

    Transgaz casts doubt over its involvement in South Stream

    The decision to take part in the South Stream gas pipeline project will be made only after “the completion of the feasibility studies”, when the company will know the costs and elements...

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    3 Martie 2010

    Tobacco smuggling burns 1bn in Government pockets

    Cigarette smugglers have become a major player on the market, with a whopping 36.2% share of the market. The illegal tobacco sales have increased dramatically as rising excise taxes have created...

  • Midday Forex: EUR/RON hovers...
    3 Martie 2010

    Midday Forex: EUR/RON hovers near 4.1090

    The leu traded held broadly steady in a narrow range in the morning, hovering near 4.1090 units/euro with no clear direction, as its peers in the region had a lower start against euro, followed by...

  • Energy stocks lead BET-NG 2%...
    3 Martie 2010

    Energy stocks lead BET-NG 2% higher

    The indices at the Bucharest Stock Exchange finished with broad gains today, BET-NG posting 2.4% growth at closing, propped up by Transgaz and Transelectrica.

  • China considers massive...
    4 Martie 2010

    China considers massive investments in Romania

    The Romanian minister of economy, Adriean Videanu, and the deputy minister of trade of China, Gao Hucheng, said China was considering financial assistance for major projects in Romania.

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    4 Martie 2010

    EU provides 5.7 bln financial assistance to its neighbors

    The European Commission will allocate in the next three years over €5.7 billion to reinforce political cooperation and promote economic integration between EU and its neighbors, including...

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    4 Martie 2010

    Holcim Romanias clinker and cement sales dive 19%

    Holcim, the world’s second largest cement-maker, said its cement and clinker sales in Romania fell 19%, as a large number of public-sector infrastructure projects ceased because of the crisis.

  • 4 Martie 2010

    Romanias GDP shrinks 6.5% in 4Q

    Romania’s gross domestic product for the fourth quarter 2009 contracted 6.5% from the same period of 2008, according to the revised data provided by the National Institute of Statistics.

  • Romania doubles Russian gas...
    4 Martie 2010

    Romania doubles Russian gas imports

    Romania could increase the natural gas imports from Russia this year from 2 billion cubic meters in 2009 to around 4 billion cubic meters, due to rising domestic demand, said Petru Lificiu,...

  • Dacia Duster in right-hand...
    4 Martie 2010

    Dacia Duster in right-hand drive as of 2012

    Dacia will take the UK ca market by storm at the end of 2012. Duster will be the first model to be launched by Renault group, for just €11.900 for the 4x2 version.

  • Midday Forex: Leu posts...
    4 Martie 2010

    Midday Forex: Leu posts modest gains against euro

    The national currency grew modestly in early trading, in line with its peers in the region. The National Bank of Romania set a reference rate of 4.1049 lei/euro, 0.1% down from Tuesday’s rate...

  • Deichmann posts 114% growth...
    4 Martie 2010

    Deichmann posts 114% growth in revenues

    German-based Deichmann, Europe’s largest footwear company said its revenues in Romania soared 114% from 29.8 million lei to 63.8 million lei in 2009, while its number of stores in the country...

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    4 Martie 2010

    Germanos takes up Zapps retail business

    Germanos Telecom Romania, Romania’s largest telecom retailer, said Zapp’s products and services, both for its corporate and individual customers, were available in its store chain.

  • BSE stocks close up 0.40%
    4 Martie 2010

    BSE stocks close up 0.40%

    Stocks at the Bucharest Stock Exchange grew modestly today, led by the composite BET-C that finished up 0.41%, in a liquidity propped up by Rompetrol Rafinare (BSE:RRC) trades.

  • Edit Vesser, BNP Paribas Real...
    5 Martie 2010

    Edit Vesser, BNP Paribas Real Estate: real estate is rock n roll

    Earlier this year, Edit Vesser, one of the big-league property advisers in Romania, took up the chief executive role at BNP Paribas Real Estate. “The thought of leaving this industry had...

  • Top 10 airlines in Romania
    5 Martie 2010

    Top 10 airlines in Romania

    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.

  • 5 Martie 2010

    20 media persons to follow on Twitter

    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...
    5 Martie 2010

    GDF SUEZ Energy Romania pours 200mn lei in gas distribution

    GDF SUEZ Energy Romania, one of the large gas companies in Romania, will invest around 200 million lei this year in its gas distribution network, according to the chief executive of the company,...

  • Leu grows slightly versus euro
    5 Martie 2010

    Leu grows slightly versus euro

    The National Bank of Romania set a reference rate of 4.0929 lei/euro, down 0.29% from yesterday, after trading between 4.0850 and 4.0985 in the interbank market.

  • EADS seals agreement with IAR...
    5 Martie 2010

    EADS seals agreement with IAR Ghimbav

    Aeronautical structures units and electrical wirings producer and Premium Aerotec, a division of EADS group signed today during an official ceremony a real estate contract for the construction of a...

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