Arhiva Wall-StreetEnglish-Version / Decembrie 2009 / pagina 3 din 4

Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street in luna Decembrie 2009.
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  16 Decembrie 2009

  ING: With a government in place by year-end, the loan tranche from IMF will...

  ING Bank analysts said that if the president was sworn into office and a new government was in place by the end of the month, the International Monetary Fund would restart loan talks with Romania...

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  16 Decembrie 2009

  Aviation industry � $50 bln loss in the past decade

  International Air Transport Association (IATA) has revised its financial outlook for 2010 to $5.6 billion global net loss compared to $3.8 billion loss in its latter projection.

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  16 Decembrie 2009

  Survey reveals poor CRM technology usage among large companies

  Although companies have implemented customer relationship strategy technologies, more than 50% of Romanian companies with more than 100 customers fail to efficiently use incoming orders and offer...

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  16 Decembrie 2009

  Midday Forex: RON/EUR hits two-month high

  The National Bank of Romania has set a mid-point reference rate of 4.2513 lei/euro, up marginally from yesterday (0.04%) for the first time in two weeks, after a poor volatility in the morning.

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  17 Decembrie 2009

  Oltchim confirms advanced takeover talks with Petrom

  Oltchim Ramnicu-Valcea has confirmed it is in advanced talks with Petrom about taking over the petrochemical operations of Arpechim, the agreement following to be concluded as soon as the deal is...

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  17 Decembrie 2009

  Ostahie delists Cometex shares from Rasdaq

  Dan Ostahie, owner of tech retailer Altex, said he would delist shares of the group’s real estate division, Altex Cometex (ticker: COXE) from Rasdaq, according to a decision of the shareholders.

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  17 Decembrie 2009

  IMF could disburse the third tranche to Romania in February

  IMF will disburse the next tranche under the aid deal with Romania “most likely in February” in case of a follow-up staff mission in January, IMF mission chief Jeffrey Franks said after...

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  17 Decembrie 2009

  Leu rises on IMF mission statements

  The National Bank of Romania has fixed a mid-point reference rate of 4.2459lei/euro, up 0.13% from yesterday, as improved sentiment on the region and encouraging data from IMF prompted investors to...

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  17 Decembrie 2009

  Bank of Cyprus buys 9.7% interest in Banca Transilvania

  Bank of Cyprus said it acquired 102.862.785 shares representing a 9,7% interest in Banca Transilvania’s share capital with a total acquisition cost of €58 million, the bank said in a...

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  17 Decembrie 2009

  Banca Transilvania leads BET index 2.5% higher

  BET index at the Bucharest Stock Exchange gained 2.5% today under bullish guidance from Banca Transilvania shares (TLV) while FIC stocks rose 2.5% on renewed buying frenzy.

• 17 Decembrie 2009

  2010 forecasts for the local car industry

  The most optimistic predictions indicate a slow recovery of the car industry from the end of second quarter next year. Opinions are divided, however, as some carmakers expect the market to stagnate...

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  17 Decembrie 2009

  Raiffeisen sees leu bullish in 2010

  Raiffeisen Bank Romania said there was no reason why the leu would remain weak against a basket of currencies next year, and as soon as the political crisis eases the local currency could gain...

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  17 Decembrie 2009

  Plus opens two more stores in Romania

  The German-based discount store chain, operated by Pludi Market in Romania, opened two more Plus units in Toplita, Harghita and Oravita, Caras Severin, following a total investment of €3 million.

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  17 Decembrie 2009

  Ford names new executive team for its Romanian operations

  Ford car manufacturer said it named a new team of executives for its operations in Romania that will officially assume responsibilities for Ford’s sales and service operations in the country...

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  18 Decembrie 2009

  Banca Transilvania: We remain a local private ownership bank

  Banca Transilvania said it will stick to the plans agreed before the deal, namely of being a bank with Romanian capital, saluting the entry of Bank of Cyprus in its ownership structure.

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  18 Decembrie 2009

  President Traian Basescu nominates Emil Boc for second PM term

  President Traian Basescu said today he nominated Emil Boc for Prime Minister chair, the leader of PD-L.

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  18 Decembrie 2009

  Private sector must get actively involved in developing infrastructure, based...

  With governments around the world instituting stimulus packages to try and jump-start growth, public infrastructure is receiving a significant infusion of public funds. The level of direct...

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  18 Decembrie 2009

  IMF upgrades Romania budget deficit forecasts

  Romania’s Gross Domestic Product will contract by around 7% this year, less than the latest estimate, buoyed by the increase in external demand. In 2010 the economy will perform better than...

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  18 Decembrie 2009

  MOL Romania names new country manager

  Zsolt Szalay (photo) stepped down as the CEO of MOL Romania, after four years in the job, in order to pursue other career in the Hungarian-based oil company. Szabolcs Ferencz, former spokesperson...

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  18 Decembrie 2009

  Harley-Davidson pumps �800K in its Romanian dealer network

  Harley-Davidson Bucharest, the sole Harley-Davidson dealer in Romania, opened in Baneasa, Bucharest a new showroom that represents an investment of around €700,000, while its dealer network in...

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  18 Decembrie 2009

  Romania leads top emigration countries in EU

  The largest groups of foreign citizens living in the European Union countries in 2008 were from Romania, the number of emigrants from the country reaching 1,677,000, of which 734,800 in Spain,...

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  18 Decembrie 2009

  Petrom shuts down Doljchim Chemical Works, lays off 1,000

  Oil and gas company Petrom, held by Austrian-based OMV said it would permanently close its Doljchim Chemical Works plant by end-2010, after its decision to divest chemicals and petrochemicals...

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  18 Decembrie 2009

  BSE stocks end lower in line with international markets

  Bucharest Stock Exchange ended in the red today, after a strong optimism in the past days, with FIC sector (BSE:SIF) shed 2.42% while the market posted 1,81% decline at closing, in tight...

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  21 Decembrie 2009

  Pirelli borrows �50 million from EIB to increase production capacity

  European Investment Bank announced it signed a financing agreement of €50 million with Pirelli. The loan will finance an increase in tyre production for cars and light commercial vehicles in...

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  21 Decembrie 2009

  Sebastian Vladescu accepts proposal for FinMin job

  Prime Minister designate, Emil Boc has proposed Sebastian Vladescu as minister of finance in the government that will try to win the support from the Parliament. Sebastian Vladescu has reportedly...

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  21 Decembrie 2009

  Romania records sixth largest trade deficit in EU

  Romania was among the nine countries with the largest trade deficit in 2009 in European Union, with €7 million gap, according to data provided by the statistical office of EU.

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  21 Decembrie 2009

  Midday Forex: Leu touches 11-week high vs euro

  The leu hit its highest level against the euro in eleven weeks at the mid-point reference rate set by the National Bank of Romania, on higher demand of national currency ahead of winter holidays.

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  21 Decembrie 2009

  New car sales sink 53% in Jan-Nov

  New car sales fell 53% in the eleven months through November this year, to 121,931, from 257,852 in the same period of last year, according to data provided by APIA.

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  22 Decembrie 2009

  Insurance analysts dissatisfied with current financial reporting standards

  Insurance analysts across the world believe that a lack of quality and consistency in current insurance reporting is increasingly leading to the under-valuation of a number of the world’s...

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  22 Decembrie 2009

  OBI plans to open two stores in Romania next year

  DIY retailer OBI that began operations in Romania at the end of 2008, said it would add two more stores to the existent four-unit chain next year.

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  22 Decembrie 2009

  Midday Forex: Leu slips versus euro in quiet trade

  The RON/EUR reference rate set by the National Bank of Romania grew marginally on Monday, by 0.15% to 4.2119lei/euro in quiet trade that lacked investors’ interest, contrary to its regional...

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  22 Decembrie 2009

  Real estate investments in Europe expected to grow 20%

  Direct commercial real estate investment (office, industrial spaces and retail) in Europe is expected to reach around €70 billion in 2009 and could grow by 20% next year up to €85...

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  22 Decembrie 2009

  Traian Basescu takes oath of office

  President Traian Basescu participated today in the ceremony that marked the end of his first term as head of state, in the car that was waiting to escort him and his wife Maria to the Parliament to...

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  22 Decembrie 2009

  Carbochim lifts full-year profit forecasts

  Abrasive products manufacturer Carbochim (BSE:CBC) said it expected its full-year pre-tax profit to be around 386,100 lei (€91.800), 2.7-fold higher than it had expected in April, the company...

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  22 Decembrie 2009

  BSE stocks slump 1.7%

  FIC sector at the Bucharest Stock Exchange (BSE:SIF) fell 0.6%, as the market slumped 1.7% in a liquidity buoyed by deals with Banca Transilvania shares and state securities.

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  22 Decembrie 2009

  Templeton Emerging Markets picks up 6% of Impact

  Templeton Emerging Markets Fund acquired late last week 6% stake in real estate developer Impact Developer (ticker IMP) from the owner of the company, Dan Ioan Popp.

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  22 Decembrie 2009

  Plus Discount opens new store in Brasov

  The German-based discount store chain Plus opened the 96th store of its local network, in Brasov, representing a total investment of €1.5 million.

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  22 Decembrie 2009

  Only 4% of Romanian internet users would pay for online content

  Only 4% of internet users in Romania would be willing to pay for online content from magazines and newspapers: only 3% said they would be willing to pay a fee to access advertising-free content,...

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  22 Decembrie 2009

  Government considers setting up natural gas futures exchange

  The new Government plans to set up a trading platform for electricity futures following the OPCOM model and to adopt the new EU rules to open electricity and natural gas markets.

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  23 Decembrie 2009

  Erste reaffirms commitments to BCR

  Erste Group has reaffirmed the commitments it took on when BCR went private in the new ownership structure implemented for its CEE subsidiaries, under which the majority stake in BCR was...

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