Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street in luna Aprilie 2009.
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A new wave of cooperation between governments and the global financial services industry is needed if consumers around the world are to be encouraged to save and create an alternative to the...
Intesa Sanpaolo Bank Romania, the local unit of Italy's second-biggest bank Intesa Sanpaolo SpA, will apply a new system to grant mortgages in the next 2-3 months and will release a new...
Romtelecom has officially launched its CDMA based commercial offer in approx. 20 major cities of Romania for both residential and business customers.
Complete and comprehensive job descriptions is one of the few ways companies can distinguish themselves, as management and human resources consultants say. The failure to state the tasks and...
Romania's central bank (BNR) posted a reference exchange rate of 4.1684 lei per euro, up by 0.32 percent versus yesterday, ending the two-weeks interval in which the leu kept growing, as...
Romania's Finance Ministry (MFP) set a new poll tax grid for companies which stipulates that firms reporting a turnover up to 12,000 euros will pay an annual tax of 500 euros, declared...
The new tax rules in the initial draft Fiscal Code are likely to have severe impacts over the car industry activities in Romania, namely car and car parts production and distribution,...
Volkswagen sold about 3,000 vehicles during the first three months of the year, down from last year's 5,792 units, pinned by the effects of the economic crisis, declared the brand manager...
The new orders in Romania’s industry shrank by 15.9 percent year-on-year in February with the biggest slump in the intermediary goods industry where orders crashed by 35 percent, the...
Romanian harbor operator Socep Constanta announced it will lay off 126 employees by June to cope with an annual 43 percent decrease in traffic caused by the economic crisis, NewsIn informs.
Companies from around the world have taken measures in order to secure their position in the tough economic environment generated the global financial crisis, a recent Erns&Young study...
The total size of M&A deals closed in Romania in first quarter 2009 plunged sharply from prior-year period: DealWatch, an M&A research company sees an 82% decline while investment...
The good news on the national and international economic front has fed optimism among stock market investors and gave bulls the upper hand, at least for a moment. Specialists polled by...
In March, the stocks traded at the local stock exchange have fared better, as well as the local currency, which stirred up the investors’ interest on mutual funds that collectively...
The demand for mortgage loans shrank 50% in first quarter this year compared to mid-2008, when the financial bubble had not yet gone bust in Romania. Nevertheless, the demand is set to...
The Romanian drug maker Antibiotice Iasi posted a 43 percent annual advance of net profit in the first quarter to 10 million lei on higher prices for some medicine and cost cutting strategy,...
Romania's leu lost ground versus the single European currency for the second session in a row after two weeks of continuous advance, to a reference exchange rate of 4.1827 lei per euro,...
Rompetrol Downstream, the retail division of Rompetrol Group wrapped-up the works for the first command and monitoring center of the filling stations in Romania, earmarking over 16.3 million...
Romanian ambassador to the Republic of Moldova Filip Teodorescu together with the counselor minister of the embassy Ioan Gaborean were declared personae non gratae and will have to leave the...
The first quarter has seen a 30% dive in rental rates for old apartments in Bucharest. However, the fall of rents was almost wiped out by the devaluation of the local currency.
Reff & Associates, the correspondent law firm of Deloitte Romania, works on three deals in aggregate value close to 400 million Euro (two large loan restructuring mandates and one project...
Financial Investment Company Oltenia (SIF5) sold its of 4,32 mln shares in Automobile Craiova carmaker(AUCS) for 75.2 mln lei (18 mln euros).
Imports fell by more than one third in February while exports reduced by a quarter year-on-year, leading to a 51.2 percent shrink in Romania's commercial deficit to 764 million euros,...
Bulgaria has seen 402.6 million euros worth of 46 M&A deals so far this year, down 72% from prior-year period, latest DealWatch industry research found, SofiaEcho informs.
It would be best that the leu stayed around current levels as it would cushion the borrowers in euro, said the CEO of Raiffeisen Bank, Steven van Groningen, highlighting the importance of a...
Many multinational companies in Romania have switched camp to Bulgaria and Hungary, countries where the VAT is refunded much faster, declared Daniel Anghel, partner of PricewaterhouseCoopers, cited...
The International Monetary Fund (IMF) reached a preliminary agreement on the rescue package for Romania, so the government will subsequently approve on April 11 an emergency ordinance on the...
Romania's Central Bank (BNR) posted a reference exchange rate of 4.1648 lei per euro today, down 0.34 percent versus the previous session, and the leu stabilized at 4.16 on the interbank...
General Motors Southeast Europe, importer of Opel and Chevrolet in Romania said it planned to keep market share at 9.8%-10% in Romania this year for the two brands.
The BSE stocks that have been rallying since early March may have further to go, as the technical analysis indicators show, but at a lighter sharpness, experts polled by Wall-Street say.
Revenues in Romanian retail industry slipped by an annual 7.9 percent in February following drop in sales with fuels and non food products, only partially offset by the higher sales with food...
Companies in Romania will have to pay at least 1,467 lei to the state as poll tax in the last eight months this year by the new draft law the Finance Ministry and employers’ unions...
While counting down the days till Easter mini break, you should probably pull up a chair, sit back and start your quest for bargain holiday deals taking advantage of the summery weather....
People from the central bank’s board met representatives of exporters in Romania and businesspeople to seek ways to resume lending and also tackled the effect of the International...
The annual rate of inflation in Romania tempered pace to 6.71 percent in March over 6.89 percent the month before, contradicting analysts’ expectations and fueled by higher prices for...
Automotive Trading Services (ATS), importer of Harley-Davidson and Buell motorcycles in Romania, said it planned to sell 50 motorcycles this year, namely one unit per week, below the last...
The emergency ordinance referring to the budget revision to be debated tomorrow does away with all salary increases for this year and reduces expenses by 6.22 billion lei, while revenues lose 18.8...
Is it fair that such an important amendment in tax law to be announced one week before it is passed? What is the state offering in return for this new tax? Why do small businesses always have to...
The first positive signals of a revival in lending to companies will be seen no earlier than the end of the year, declared for NewsIn Marinel Burduja, first vice president of Raiffeisen Bank...
Drug maker Biofarm Bucharest (BSE: BIO) posted a net profit of 4.69 mln lei (1.13 mln euros), up 5% from prior-year period, reads a press release remitted to Bucharest Stock Exchange.