Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street in luna Octombrie 2008.
Vezi arhiva completa a lunii Octombrie 2008 →
A budget built on pessimistic hypothesis, improving work capital especially by cutting outstanding debts or by the decline of exposure in foreign currency by dropping debt in foreign currency are...
The sharp decline of national currency will dent profit margins of companies in IT, telecom and IT retail being directly hit, according to specialists surveyed by Wall-Street.
Domestic drug distribution is affected by recent meltdown of national currency against euro, considering that most of the drugs sold in Romania come from imports.
Although the company did not expect the national currency to drop at the actual quotations, which stabilized near to 3.92 lei/euro, representatives of FMCG producer Procter&Gamble says the...
Peter Demmer, head of VB Leasing Romania, that granted 90 million euros loans and sealed nearly 5,000 new contracts in first half this year, says the meltdown of the national currency will lead to...
CNVM approved Andrei Siminel’s intention to buy 95% stake of SSIF Vanguard SA’s common capital through Annaliesse Investment Limited. Therefore, managing director of NCH Advisors is...
Romania may become third biggest agricultural country in Europe, outranked by France and Germany, in context of a better absorption of European funds up to 2013, major foreign direct investments...
Bank deposits are safe, as liquidity shortage is not threatening any Romanian bank, stated manager of Supervisory Directory of NBR, replying to rumors on stability of Romanian banking system.
Mobile telephony market’s penetration rate and number portability will direct operators into launching aggressive loyalty programs in order to keep their clients portfolio.
Tourism agencies will supplement this season offers for international ski resorts and exotic packages, the top destinations being Innsbruck, Malta, Egypt or Dubai, together with European capitals....
"This is a historic day for modern stock market that we will never forget” specialists on equity market said, after BSE decided to halt trading session after 68 minutes of trading and...
Romania’s macroeconomic evolution and the decisions made to step market dives caused by financial crisis will affect development pace of tourism market in 2008, according to statements of...
Real estate deals closed in first nine months this year exceeded one billion euros, biggest transaction being forward-purchase agreement of 340 million euros. Big transactions started in 2007, and...
Hotel industry, divided into large luxury international chains, three stars units and small luxury hotels, 80% of the occupancy being covered by corporate clients, will under go a sharp growth on...
Wednesday regulators’ decision to suspend trading session to give investors a respite has failed, market indexes registering an extremely high volatility in investments sector.
Stefan Iordache, COO Leo Burnett & Target is part of this year’s jury at Golden Drum awards for TV, Print, Outdoor and Radio categories. A day before the nominees are revealed, Iordache...
The real problem of residential sector is that banks fail to reset services at level of wages, and prices in the market, but waiting for developers and landlords to cut prices is not a valid...
Microsoft Advertising, online advertising department of software juggernaut Microsoft is likely to enter the Romanian market within two years, if the market fastens its growth pace, Ernest Aberson,...
With a new manager and a fiercer competition, City Mall, the first commercial center in Southern Bucharest, eyes major positioning overhaul, which consists in modifying brands mixture and...
The amounts covered by population’s deposit insurance scheme will be raised in the following days from 20,000 euros to 50,000 euros, covering the amounts deposited in any type of bank...
Educating online market in Romania and reckoning the importance of this environment is likely to gear online promotion budgets, as share of overall advertising expenditures equivalent to that in UK...
The connection fees charged by telecom operators globally vary from one day to another, similar to stock exchange, especially for Romanian operators that offer free international calls, says...
After two years of heading the media department of Evenimentul Zilei daily, Petrisor Obae decided to end the collaboration with the newspaper over an innovating project for Romanian online industry.
In the past few years, Romanians started to use more the services of cleaning firms, choosing the ecologic alternatives of dry cleaning, which are currently limited in number, for the soaring...
After two years at the helm of InBev Romania, one of the major players on local beer market, Liviu Irimia accepted the challenge of heading Lipomin and Carpatina, 100% Romanian mineral water brands.
IT companies in Romania might face serious defaults because of the financial crisis, as many clients will cut budgets on IT, and Romanian IT industry is likely to drop 20-30%, Radu Georgescu,...
NBR will adopt extremely drastic measures, including drawing permit, if rumors about defaults that certain banks in Romania are likely to experience came from the banking system, NBR governor...
Business plans of training companies in Romania for next year will remain on upside trend, same as in previous year. However, 2009 may be a cornerstone for companies in the field, and training...
Gabriel Aldea, in charge with Front Office department at Intercapital Invest got in touch with Romanian capital market seven years ago, and in 2006 he passed from broker to investor.
International financial crisis that led to currency sways and shut down of real estate market, has triggered a decline in sales volume for luxury products and services in Romania in July –...
With a wealth estimated at 1.9-2 billion euros and business in IT, media, energy, services and real estate fields, Dinu Patriciu ranks first in the top Adevarul 500 billionaires.
Nine-month profit posted by BRD Groupe Societe Generale, Romania’s second biggest bank in terms of assets and network, exceeds annual profit of 2007.
Lending growth pace will slow down in the future, probably down to 25-30% pace from 50-60% registered in the past few months, NBR governor, Mugur Isarescu stated.
He is 24 and he is the first expat in Colliers International Romania team. He is in charge with the investment funds and transactions larger than 20 million euros with office, retail and industrial...
Bucharest Stock Exchange is facing gloomy times dented by evolution of international equity markets. Gabriel Aldea, former investor, at present, broker at Intercapital Invest explains what are the...
In the context of global financial crunch, Eugen Voicu, deputy manager with Aviva Investors Romania talks on the products he readies for launch once with integration in the group, and also on the...
Registrations of new vehicles in Romania climbed 17.4% in September up to 26,580 units, and dropped 1.4% in first nine months down to 228,450 units according to The European Automobile...
Zentiva, one of the leading drugmaker, launched the communication campaign for Algocalmin brand, under the motto: “Algocalmin. Relieves pain for years”. By this campaign, Zentiva...
On a market where the competition is tightening, airline operators, both traditional and low-cost ones are racing for a bigger market share. Companies have increased flights frequency from and to...
Petrom, Romania’s biggest company clinched a 375 million euros loan reimbursed in three years.