Arhiva Wall-StreetEnglish-Version / 21 August 2009

Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street din 21 August 2009.
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New car sales fall 50% year-to-date
New car sales fell 52.5% in the seven months through July, with only 82,821 new cars registered versus 174,414 a year earlier, according to Association of Car Manufacturers and Traders in Romania...
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He started working since he was only 17 as journalist at Edipresse, to which he dedicated 19 years. Then, it was Ringier experience, where he relaunched over 40 titles as art director. Stephane...
BCR forecasts 8 percent economic contraction this year
Banca Comerciala Romana has slashed its forecasts for economic contraction for Romania, to 8 percent from 4.9 percent. BCR says the economic growth will most likely return in the positive...
Top 5 travel agencies in Romania
The top five travel players have reported up to 25% fall in sales in first half this year. The only exception among the industry's heavyweights is J’info Tours that recorded 35% growth in...
VIG � premiums written fall 13.2% in H1 on weak currency
Vienna Insurance Group said its premiums written fell 13.2 percent down to 313.01 million euros, from year-ago period, on sharp devaluation of the local currency against euro.
Colliers International�s 2008 profit sinks 62.3 percent
Colliers International, the largest real estate advisor in Romania, posted a 62.3% drop in 2008 after-tax profit, to 2,755 million euros, according to a statement posted by the real-estate company...
ING lowers inflation forecast for Romania to 5.7%
ING Bank Romania has revised its inflation forecast for end-2009 down to 5.7% from 6.3%, due to steeper-than-expected economic contraction and enhanced stability in the exchange rate than initially...
Leu hits four-week low at midday
The benchmark exchange rate posted by the National Bank of Romania rose 0.15 percent to 4.2310 lei per euro, the maximum level of the past four weeks, after the national currency depreciated in...
Fitch affirms Banca Romaneasca�s rating, downgrades Bancpost
Fitch Ratings has today affirmed Romania-based Banca Romaneasca S.A.'s individual rating to Individual 'D' and downgraded Bancpost’s individual rating from ‘D’ to...
Orange knocks Petrom off top spot as most profitable company in Romania
Orange, Romania’s largest mobile telecom carrier said its 2008 profit stood at 437.9 million euros and thus takes up the top spot as the most profitable company in Romania, pushing the...