Arhiva Wall-StreetEnglish-Version / August 2009 / pagina 3 din 5

Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street in luna August 2009.
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  • Top 6 industries doing well...
    14 August 2009

    Top 6 industries doing well in the downturn

    Even though many industries are struggling to stay afloat during hard times, certain sectors have not only managed to escape the current downturn but actually grew stronger. Wall-Street analyzed...

  • Impact reports H1 gross...
    14 August 2009

    Impact reports H1 gross profit of 3.27 m lei, beats estimates

    Impact Developer & Contractor SA, builder of Greenfield residential compound reported a pre-tax profit of 3.27 million lei in first half, exceeding own estimates by 3%.

  • ING Bank's gross profit...
    14 August 2009

    ING Bank's gross profit doubles in H1

    ING Bank Romania’s pre-tax profit doubled in first half 2009 to 114 million lei (26.95 million euros), up 101% from a year earlier on 77% increase in net incomes.

  • Rompetrol Well's half-year...
    14 August 2009

    Rompetrol Well's half-year profit sinks 36%

    Rompetrol Well Services (BSE: PTR), the oil services division of Rompetrof, reported a half-year profit of 7.99 mn lei (1.89 mn euros), down 38% from a year earlier on lower revenues, according to...

  • Leu strengthens against euro
    14 August 2009

    Leu strengthens against euro

    The benchmark exchange rate settled by the National Bank of Romania lowered 0.19 percent to 4.2158 lei per euro, on a calm market, but the national currency began to lose ground from the level...

  • Sonae Sierra posts net loss...
    14 August 2009

    Sonae Sierra posts net loss of 94.2 million euros in H1

    Portuguese developer Sonae Sierra said its equity holder’s consolidated net profit in the first half of 2009 was negative of 94.2 million euros, compared with a consolidated net profit of...

  • TBWA threatens Danone with...
    14 August 2009

    TBWA threatens Danone with insolvency

    Advertising agency TBWA has requested the Court of Bucharest to open insolvency proceedings against Danone yogurt maker for not paying the fee for BTL services brought last year, according to a...

  • What's ahead for Romania...
    17 August 2009

    What's ahead for Romania after 8.8% economic contraction?

    After an economic contraction of 8.8% of GDP in the three months through June, a 10% YoY slump in the third quarter is not excluded, according to analysts interviewed by Wall-Street.

  • SIF Moldova posts net profit...
    17 August 2009

    SIF Moldova posts net profit of 89.39m lei in H1

    Net profit of financial company SIF Moldova (SIF2) advanced 27 percent year-on-year in the first half, to 89.39 million lei, following exceptional results in the second quarter and the selling of...

  • SIF Transilvania sees net...
    17 August 2009

    SIF Transilvania sees net profit up 46% y/y in H1

    SIF Transilvania, one of the five financial companies at the Bucharest Stock Exchange, reported a net profit of 109.8 million lei in the first six months, a 46 percent boost over the same period of...

  • Romania records EU's...
    17 August 2009

    Romania records EU's highest inflation

    Romania recorded in July the highest annual inflation rates in European Union, of 5%, for the fourth successive month, as the Union’s inflation stood at 0.2%. High inflation rates were...

  • ING Bank revises euro/leu...
    17 August 2009

    ING Bank revises euro/leu forecast

    The European currency will rise to 4.6 lei by year-end, and fall to 4.4 lei by August 2010, ING Bank Romania wrote in the latest report on major currency themes.

  • Top most expensive penthouses...
    17 August 2009

    Top most expensive penthouses in Bucharest

    Luxury apartments on the high-rise buildings’ top floors covering around 200 sqm and costing up to 3, 5 bn euros, penthouses are the most desirable assets of any high-end looker.

  • Leu firms against euro on...
    17 August 2009

    Leu firms against euro on lack of trades in emerging markets

    The benchmark exchange rate established by the National Bank of Romania lowered 0.1 percent to 4.2116 lei per euro, on a market dominated by apathy, where the national currency inched slightly, as...

  • OTP Bank Romania swings back...
    17 August 2009

    OTP Bank Romania swings back to profit after 4.5 m euro gain in Q2

    OTP Bank Romania said it swung back to profit in first half this year, reporting profit after tax of 586 million forints (2.02 million euros), compared to 1.2 million forints loss (4.7 million...

  • SIF Muntenia, 14% hike in...
    17 August 2009

    SIF Muntenia, 14% hike in half-year profit

    Financial company SIF Muntenia (BSE: SIF4) closed the first half with a net profit of 73.17 million lei, a 15 percent increase on the same period of 2008, but its assets shrank 11 percent since the...

  • 18 August 2009

    OTP Bank Romania starts foreclosing procedures against bad debtors

    OTP Bank Romania, fully-owned subsidiary of OTP Group swung back on profit in first half this year, after posting 4.5 million euros growth in second quarter. However, the bank started the...

  • Coalition enacts a set of 32...
    18 August 2009

    Coalition enacts a set of 32 anti-crisis measures

    President of Social Democratic Party, Mircea Geoana said at the end of the coalition meeting, that members of the social democratic party and of the liberal party have agreed upon a set of 32...

  • Volksbank Romania, admitted...
    18 August 2009

    Volksbank Romania, admitted to RoClear system

    Central Depository has decided last week to admit Volksbank Romania as clearing participant to RoClear system, reads a press release remitted by the institution.

  • Coca Cola appoints McCann...
    18 August 2009

    Coca Cola appoints McCann Erickson to handle its full-brand ad account

    Following the European-wide brand consolidation process at ad agencies undertaken by Coca Cola at the end of 2008, McCann Erickson Romania was appointed by Coca Cola to handle the ad duties for all...

  • Leu edges down at midday
    18 August 2009

    Leu edges down at midday

    The benchmark exchange rate settled by the National Bank of Romania climbed 0.24 percent to 4.2216 lei per euro, after the national currency lost ground in the morning, in line with the regional...

  • A&D Pharma borrows 100...
    18 August 2009

    A&D Pharma borrows 100 million euros to refinance syndicated loan

    A&D Pharma, Romania’s largest drug retailer, has signed earlier today the agreement for a 3-year 100million euro loan with five banks to refinance previous syndicated loan and for general...

  • Public sector workers...
    18 August 2009

    Public sector workers threaten to strike

    The National Federation of Public Sector Trade Unions has sent a list of demands to Prime Minister Emil Boc, threatening to strike if the Government refuses negotiation talks.

  • Citibank: 2009 profit to be...
    18 August 2009

    Citibank: 2009 profit to be invested in the new retail division

    Citibank Romania expects this year’s profit to be in line with 2008 profit, but the fully-owned local subsidiary of the US-based banking group said the large portion of the 2009 earnings...

  • KPMG survey: Private sector...
    19 August 2009

    KPMG survey: Private sector is concerned over infrastructure

    As if addressing the infrastructure challenge wasn’t already a big enough task for many national governments around the world, some nagging doubts persist amongst the private sector about...

  • Top macroeconomic indicators...
    19 August 2009

    Top macroeconomic indicators of Romania

    Romania’s economy is experiencing a severe recession and despite the signs that the worldwide crisis was drawing to a close, the country registered a deep contraction. Wall-Street lists the...

  • Technical consumer goods...
    19 August 2009

    Technical consumer goods market, 40% decline in H1

    Durable consumer goods market in Romania fell by 40.4% in the first half of the year down to 664 million euros compared to the same period of last year, a recent GfK Temax report, from GfK Romania.

  • Vox News television channel...
    19 August 2009

    Vox News television channel soon to launch in Romania

    National Audiovisual Council has granted the license to Vox News to deliver broadcast satellite services, a television station fully owned by Sport Channel, which is expected to enter the airwaves...

  • Leu strengthens against euro
    19 August 2009

    Leu strengthens against euro

    The benchmark exchange rate posted by National Bank of Romania slipped 0.1 percent to 4.2173 lei per euro, after the national currency advanced in the early trades, in line with the region, and...

  • Flamingo's first-half sales...
    19 August 2009

    Flamingo's first-half sales down 45%

    Flamingo International, Romania’s second largest electronics retailer said its first-half turnover dropped 45% in the first six months though June to 187 million lei (44.3 million euros),...

  • Germanwings carried 7.8%...
    19 August 2009

    Germanwings carried 7.8% fewer passengers in July

    Low-fare airline Germanwings said its traffic results for July fell 7.8% below year-ago levels, with a total of 724,481 passengers carried worldwide.

  • Bombardier reports 4,5 bn...
    19 August 2009

    Bombardier reports 4,5 bn dollars in revenues in Q1

    Canada’s Bombardier that operates in Romania, reported revenues of 4.5 billion euros and earnings before financing income, financing expense and income taxes (EBIT) of 235 million dollars in...

  • Romania's total public...
    19 August 2009

    Romania's total public debt reaches 123.6 bn lei in June

    Romania's total public debt rose 12.6 percent in June over the end of last year and reached 123.61 billion lei, representing 23.27 percent of the gross domestic product (GDP) initially...

  • 20 August 2009

    Top 10 best credit card deals

    Credit cards can provide valuable service if used wisely and if the interest-free period is not exceeded. Otherwise, credit card holders will be accrued high interests. Wall-Street identified the...

  • Ikea sees sales up 12% in FY...
    20 August 2009

    Ikea sees sales up 12% in FY 2008-2009

    Swedish-based home product retailer said it expected sales to increase by 11.7 – 12% year-on-year in September 2008 – August 2008.

  • Leu slumps to four-week high...
    20 August 2009

    Leu slumps to four-week high against euro

    The benchmark exchange rate posted by the National Bank of Romania climbed 0.17 percent to 4.2246 lei per euro, the maximum level since July 23, following general decline in the region, as the...

  • Blue Air flies to four new...
    20 August 2009

    Blue Air flies to four new destinations in winter

    Smart flying airline Blue Air said its global route network will encompass four new destinations with the start of the 2009-2010 winter timetable (October 25, 2009 – March 27, 2010) on the...

  • Kraft Foods Romania reports...
    20 August 2009

    Kraft Foods Romania reports two-digit growth in revenues

    Kraft Foods Romania, Romania’s biggest chocolatier reported for 2008 a double-digit growth in revenues, describing the year as the “most profitable” in Kraft Foods Romania’s...

  • Allianz reports first-half...
    20 August 2009

    Allianz reports first-half premiums down 9%

    Allianz insurance group recorded gross written premiums in Central and Eastern Europe of 1.9 billion euros in the first half, down 9% from year-ago period, reflecting the devaluation of central and...

  • EC: Romania granted unlawful...
    20 August 2009

    EC: Romania granted unlawful state aid to Automobile Craiova

    European Commission has published its annual report on competition for 2008, Romania being referred to in one chapter, regarding the recovery of 27 million euros in state aid in relation to the...

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