Arhiva Wall-StreetEnglish-Version / Decembrie 2008 / pagina 3 din 4

Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street in luna Decembrie 2008.
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  • EuroIns: Insurance market,...
    15 Decembrie 2008

    EuroIns: Insurance market, likely to hit deadlock in 2009

    Insurance market in Romania will reach a ‘wait” mode compared to this year or it will register a below-10% advance, the most affected segments being loan insurances, and Casco, due to...

  • 15 Decembrie 2008

    Romanias medium and long-term external debt rose 27.7%

    Romania reported at the end of October a medium and long-term external debt of nearly 49.1 billion euros, 27.7% more compared to end-2007 due to the non-publicly guaranteed external debt, National...

  • First banker to say Romanian...
    15 Decembrie 2008

    First banker to say Romanian banks need a rescue plan

    Romanian Executive together with other governments in Central and South-Eastern Europe should follow the Austrian example and to draw a rescue plan to stabilize the financial sector, said Herbert...

  • ...
    15 Decembrie 2008

    Moodys likely to downgrade ratings for Erste Group Bank

    Moody’s has placed on review for possible downgrade the Aa3 long-term debt and deposit ratings and ‘C’ bank financial strength rating of Erste Group Bank AG, reads the press...

  • Altex may take into account a...
    15 Decembrie 2008

    Altex may take into account a reduction of sales in Q1 2009

    Altex Romania, the biggest retailer of electronics may revise its sales expectations down 30% in the first three months of next year, due to economic crisis that gripped several sectors of the...

  • 16 Decembrie 2008

    Financial crisis in United States - review of 2008

    Subprime crisis that sprawled in United States of America last year spread rapidly across the world and triggered the collapse of world’s economic juggernauts. Actually, the crisis is a chain...

  • 16 Decembrie 2008

    Dairy industry in 2008: investments, newcomers and rising volume

    Local dairy industry, estimated at 1 billion euros, up 15% from a year earlier, took the same constant rising path in 2008, with new players, and mounting investments from large producers, in order...

  • Bankers ante up to draw...
    16 Decembrie 2008

    Bankers ante up to draw deposits through Christmas offers

    Banks will raise interests for deposits in the Christmas time in an effort to draw new clients and also liquidity from the internal market, while the loan offer are limited to promoting credit cards.

  • Lloyd: the most visible sign...
    16 Decembrie 2008

    ...

    After eight years work experience at Baneasa Development, Michael Lloyd relinquished his responsibilities as Managing Partner of Baneasa Project in order to set up his own management vehicle....

  • 16 Decembrie 2008

    Card market in 2008. Evolution and trends

    This year, the upgrading trend of card market has continued, while banks’ portfolios have become more complex in order to meet the clients’ demand. In the midst of visible market...

  • Petrom lowers gas prices
    16 Decembrie 2008

    Petrom lowers gas prices

    Petrom company, controlled by Austrian-based gas station operator OMV has lowered the benchmark prices for gasoline by 5 bani and for diesel oil by 6 bani/liter, starting today, 12:00 hours,...

  • Petrom lowers gas prices
    17 Decembrie 2008

    Petrom lowers gas prices

    Petrom company, controlled by Austrian-based gas station operator OMV has lowered the benchmark prices for gasoline by 5 bani and for diesel oil by 6 bani/liter, starting today, 12:00 hours,...

  • 17 Decembrie 2008

    Evolution of factoring in 2008, urgent measures for 2009

    Factoring market recorded a positive evolution this year, with newcomers and a roughly 40% growth from a year earlier, whereas the negative influences of the global crisis spread to this form of...

  • 17 Decembrie 2008

    Top 10 highlights on mobile network operators management, in 2008

    The mobile telecommunication market has been very dynamic for mobile carriers, who conducted major changes at the level of top management, whereas the pay packages marked a slower growth pace up to...

  • CME appoints Adrian Sarbu as...
    17 Decembrie 2008

    CME appoints Adrian Sarbu as President and Chief Operating Officer

    Adrian Sarbu (photo), owner of Media Pro group was appointed as President of US-based Central European Media Enterprises (CME) that holds television station ProTV, replacing former Chief Executive...

  • 17 Decembrie 2008

    Hierarchy of drug manufacturers in 2008

    The legislators’ failure to adjust the drug prices to the depreciation of the national currency and the maturity level that the market has achieved has pushed the drug manufacturing market to...

  • ...
    17 Decembrie 2008

    Predictions for next years training market

    If several months ago, insiders of the training market were able to state their expectations on the market trend for 2009, nowadays, in the midst of financial crisis, insiders can make clear...

  • John Bax, Tryact HRD: In the...
    17 Decembrie 2008

    John Bax, Tryact HRD: In the next six months, the HR market will increasingly...

    John Bax is General Manager at Tryact HRD Netherlands and Romania. With 19-years experience in the field, he is a noted international consultant, trainer and coach in human resources development.

  • Insurers seal merger on...
    17 Decembrie 2008

    Insurers seal merger on second tier pension fund market

    Interamerican Pensii will merge by absorption with Bancpost Pensii, in order to merge the two their second-pillar pension funds, according to market sources, quoted by www.pensiileprivate.ro.

  • 17 Decembrie 2008

    Fitch affirms OTE BBB rating

    Fitch Rating has affirmed OTE long-term issuer default rating at ‘BBB’ with stable outlook due to the strong, leading position in the Greece telecommunication market despite the...

  • Highlights of aviation...
    18 Decembrie 2008

    Highlights of aviation industry in 2008

    Growth of price for oil barrel to 147.27 US dollars combined with deepening economic crisis have made the year 2008 one of the most difficult in the recent history of the world and of Romania.

  • The loan broker and his role...
    18 Decembrie 2008

    The loan broker and his role in the financial market

    The waning economic climate, the ever-growing complexity of financial instruments and products and tougher lending conditions enforced by National Bank of Romania (BNR) make our choice for the...

  • 18 Decembrie 2008

    Six companies in the running for WiMAX license

    Six companies have acquired the task book for the two WiMAX wireless communication licenses offered by National Authority for Communication (ANC), the winners following to be unveiled on March 9,...

  • Autoliv idles production at...
    18 Decembrie 2008

    Autoliv idles production at the two factories in Romania until January 5

    Autoliv, the Swiss-based automotive safety systems producer will idle production at the two factories it holds in Romania, at Brasov and Lugoj, the activity following to be resumed on January 5.

  • Romania's public debt rose...
    18 Decembrie 2008

    Romania's public debt rose 14.9% in October

    Romania’s public debt increased by 14.9%, to nearly 93.74 billion lei (25.6 billion euros) in December 31 2007 – October 31 2007 interval, equivalent to 18.6% of gross domestic product...

  • Tereza Valcan, at the helm of...
    18 Decembrie 2008

    Tereza Valcan, at the helm of Civitas Global Ketchum Romania

    Tereza Valcan, former corporate affairs manager of the mobile network operator Cosmote, was appointed as the new Managing Director of Buchartes-based office of Civitas Global Ketchum.

  • Voestalpine abandons securing...
    18 Decembrie 2008

    Voestalpine abandons securing land in Romania

    Voestalpine decided to frozen the evaluation project for examination of a new steel site on the Black Sea in view of the recessive development anticipated in 2009 and beyond this the uncertainty...

  • Oil Terminal Constant...
    19 Decembrie 2008

    Oil Terminal Constant appoints Vasile Miu as the new CEO

    Vasile Miu was appointed as chief executive officer of Oil Terminal Constanta, by the board of the company after the yesterday’s dismissal of its predecessor, Mihai Lupu, as a result of his...

  • ...
    19 Decembrie 2008

    BSEs chairman and chief executive Stere Farmache resigns

    BSE said its chairman and chief executive, Stere Farmache (photo) has resigned and is being replaced by Anca Dumitru, director of Rasdaq stock market.

  • ...
    19 Decembrie 2008

    BRDs CEO: No state aid needed for Romanian banks

    The endorsement strategies adopted by western governments for struggling banking system, such as capitalizing lenders, is not needed at this moment for the banks in Romania, said the chairman...

  • Petition against Dambovita...
    19 Decembrie 2008

    Petition against Dambovita Center project

    Rescue Bucharest Association (Asociatia Salvati Bucurestiul) sent a petition to General Mayor of Bucharest Sorin Oprescu, motivating that “a megalomaniac project (Dambovita Center also known...

  • Currency exchange rate...
    19 Decembrie 2008

    Currency exchange rate exceeds 3.96lei/euro

    The leu was quoted at 3.96lei against euro in Wednesday, after a 0.04 lei-depreciation during the session, following the same trend as Polish zloty and Turkish lira.

  • Worst case scenario for...
    19 Decembrie 2008

    Worst case scenario for tourism industry: Stagnation in 2009

    Tourism industry will probably increase by 10%, or in the worst case scenario, it will stagnate, which is however, a positive trend compared to western European countries, said ANAT consultant,...

  • Piraeus Bank delivers new...
    19 Decembrie 2008

    Piraeus Bank delivers new credit card for clients with higher-than-average...

    Piraeus Bank launched on December 16 the new Exclusive Gold credit card with 20,000 euros ceiling, equivalent in lei, the bank announced.

  • EBRD will likely grant...
    19 Decembrie 2008

    EBRD will likely grant 50million euros credit line to Banca Transilvania

    European Bank for Reconstruction and Development will likely grant another 50 million euros to Banca Transilvania in an attempt to raise common capital, after the 100 million euros loan to borrow...

  • Voestalpine abandons securing...
    19 Decembrie 2008

    Voestalpine abandons securing land in Romania

    Voestalpine decided to frozen the evaluation project for examination of a new steel site on the Black Sea in view of the recessive development anticipated in 2009 and beyond this the uncertainty...

  • Euro hits four-year high in a...
    19 Decembrie 2008

    Euro hits four-year high in a frantic session

    National currency took a sudden hike towards the end of the Thursday’s session, for the second time in the same day, at 3.95 lei/euro, after resuming its downtrend. The evolution of the...

  • ...
    22 Decembrie 2008

    Presentation of Bocs cabinet members

    Configuration of PSD-PDL government was nominated and validated by the two parties. In order to go into effect, it must be vested by the Parliament and to take the oath of office at Cotroceni Palace.

  • New Board of Directors at IAB...
    22 Decembrie 2008

    New Board of Directors at IAB Romania

    IAB Romania appointed a new Board of Directors, effective as of yesterday, adding Ovidiu Florea, managing partner at Media Investment, to serve the second mandate as a chair.

  • Patriciu is looking to buy...
    22 Decembrie 2008

    Patriciu is looking to buy Fabian Romania investment fund, in the midst of...

    Black Sea Global Properties, chaired by businessman Dinu Patriciu submitted 37.8 million euros bid for the acquisition of Fabian Romania investment fund, where he already holds a roughly 25% stake.

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