Arhiva Wall-StreetEnglish-Version / August 2009 / pagina 4 din 5
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21 August 2009
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...
21 August 2009
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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...
21 August 2009
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...
21 August 2009
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...
21 August 2009
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...
24 August 2009
Top 5 most profitable companies in 2008
The recession has dramatically changed business fundamentals across the globe, and threw up new names in the top most profitable companies in Romania. The long-term leader that dominated all profit...
24 August 2009
Telecom carriers show mixed results for 2008
Orange, the largest mobile telecom group in Romania, had a remarkable growth in 2008 and gained the top spot as the nation’s most profitable company, pushing the long term leader down to...
24 August 2009
Leu slightly firmer versus euro
The benchmark exchange rate settled by the National Bank of Romania slipped 0.03 percent to 4.2298 lei per euro, on an apathetic market, with few transactions, moving against the regional flow, as...
24 August 2009
HP and IBM report growing sales in 2008
Local subsidiaries of tech industry heavyweights, HP and IBM reported for 2008 growth in sales over a year earlier, according to their statement posted on the website of the Ministry of Finance. HP...
25 August 2009
Top 10 tech retailers in 2008
The words on everyone’s lips in the local tech retail industry in 2008 were “loss and stagnation”. Wall-Street identified the top ten tech retailers, by their 2008 profit and...
25 August 2009
Top carmakers in Romania by profit margin
The leading carmakers in Romania reported loss or falling profit margins in 2008, ranging between 0.1% (Automobile Bavaria) and 7.2% (Porsche Romania).
25 August 2009
Leu firms up against euro
The benchmark exchange rate posted by the National Bank of Romania lowered 0.14 percent to 4.2238 lei per euro, after the national currency gained ground at debut, in line with other emerging...
25 August 2009
Mio snaps up 50% market share of local GPS market
Mio Technology, one of the largest GPS manufacturers boosted its market share in the local global positioning systems market in Romania year-to-date, according to a recent Gfk report.
25 August 2009
Eureko: net profit falls 7% in H1
Eureko Group, active in local insurance and private pension market reported a net profit of 115 million euros for the six months through June, 7 percent below year-ago level of 124 million euros.
26 August 2009
Annual advance of bank deposits reaches 13% in July
Household and corporate deposits in local and foreign currency continued their upward trend in July, growing at a monthly rate of 0.4% up to 158,634 billion lei (37.66 billion euros), on increasing...
26 August 2009
GarantiBank approves first loan under First Home
GarantiBank has approved the first loan under “First Home” scheme, of 57,000 euros for 30 years and at a monthly rate of 303 euros, for a two-room apartment in a new homebuilding in...
26 August 2009
Leu stagnates against euro at midsession
The benchmark exchange rate posted by the National Bank of Romania remained at 4.2236 lei per euro, as the leu's advance was insignificant, on a market with low volatility, without important...
26 August 2009
Bucharest to host worlds biggest IT&C event
Global Forum, the most prestigious international event of information technology and communication will take place this year in Romania on Monday the 19th and Tuesday the 20th, October 2009.
27 August 2009
Dramatic year for indie investment banking firms
With the local M&A market in lockdown mode and acute deepening of financial crisis, the numbers for 2008 are dramatic to independent investment banking firms. Independent investment firms have...
27 August 2009
Top 6 largest mobile-phone retailers in 2008
Spurred by Romanian consumers’ increasing interest in cutting-edge gadgets, accessories and services, mobile-phone retailers have increased sales and profit margins last year, while others,...
27 August 2009
Banking sectors bad loans ratio up to 1.03%
Past due loans ratio exceeded the 1% mark in the banking system’s total loan book, up to 1.03% in June this year, versus 0.3% year-ago period, according to the monthly bulletin posted by the...
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