Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street in luna Februarie 2009.
Vezi arhiva completa a lunii Februarie 2009 →
Citibank Romania is restructuring its distribution web and keeps only nine CitiFinancial centers, will offer corporate and individual services through its 17 agencies and give loans at its 42...
In the midst of a crumbling economy, the new Government has put forward the budget plan, 38 days after it took office: tax-deductible reinvested profit, increase of CAS, increase of state...
Banca Transilvania and CEC Bank, the biggest local-capital banks in Romania, reported last year a combined after-tax profit of 208 million euros, more than half of the revenues stemming from the...
Luxury travel packages are designed to meet even the most extravagant expectations of the travelers. From the finest quality chauffeured luxury limousine service, to the lease of a private jet, all...
A year ago, bankers were keeping low profile in their financial crisis talks, in an effort to avoid excessive media coverage. Today, the beacon that has started in the US credit market spread like...
Goodman, the real estate group from New-Zealand, made its first move in the Romanian market in last year’s fall with a primary focus on developing storage rooms near Bucharest....
Brokerage Raiffeisen Capital & Investment brokered the most deals on the Bucharest Stock Exchange (BSE) in January this year, followed by ING Bank and BT Securities, a stock market report shows.
Advent International, the global private equity firm, today announced that Peter Nachtnebel will be joining the firm’s Central & Eastern Europe team on 1st March 2009. He will be based...
The turmoil of the European banking system and the somber predictions for the local economy have turned BSE indices back on red, combined with a rising liquidity compared to last week’s...
The leu resumed the slide at closing bell today, close to 4.32 per euro, after it has stabilized around 4.30 versus the euro in the afternoon, on a quiet market, against the regional trend, NewsIn...
Stocks on the Bucharest Stock Exchange (BSE) had a hesitant start this morning with the financial companies going down 1.06% to 9,605.08, Newsin informs.
In the office market, the level of rents had an upward trend, the year 2008 has recorded the highest rental level in the last 10 years, reaching 25 – 26 euro/sqm/month within the prime office...
Greek freight forwarder and logistic provider in Greece (Orphee Beinoglou International Transports) leased a 6,600 sqm warehouse space in Bucharest West logistic park developed by Portland Trust.
Four young graduates of Romanian-Canadian MBA program have started their own business specialized in catering software solution with 40,000 euros investment. The business plan was actually the...
Pavel Stancev has been appointed Chief Executive Officer of Kanal D Romania, effective as of February 1, 2009.
Romanian carmaker, Dacia reported a record slump in January in terms of car registrations in France, of roughly 25.2% from January 2008, down to 3,406 units, according to French Carmakers Committee.
Romania\'s Interior Minister Liviu Dragnea, part of the ruling leftist Social Democrat Party (PSD), announced this evening he would leave the office because the resources allocated for this...
Rosalyn Higgins, president of International Court of Justice read today the Court’s judgment in the case concerning the maritime delimitation in the Black Sea, filed by Romania against...
Romanians’ loan delinquencies hit 2.865 billion lei (719 million euro) at the end of 2008, up2.6-fold from December 2007, with the share of loan defaults in the total volume of granted loans...
The course clumped from 4.3250 to 4.30 per euro in the first hour, probably due to commercial orders to sell foreign currency but later on, the leu regressed to 4.31 per euro.
Although the HR specialists avoid estimating a net value of the outplacement market, they all say the services are seeing a rise in activity.
Erste expects Romania to register the highest budget deficit in Central and Eastern Europe, of nearly 7% of GDP if it will not change the fiscal policy as most of the approved bills in the election...
Financial investment companies are attractive issuers, in other words, they are probably the nest eggs of almost all investors’ baskets, both retail and institutional, qualified or beginners....
Vodafone Romania, the second largest mobile telecommunication operator in Romanian market, recorded a 1% growth in earnings in Q3, 2008 compared to a two-digit advance a year earlier.
The exchange rate pushed the leu aside this morning from 4.2975 to 4.3215 against the single European currency on speculations in the region, but the leu got stronger and started to regain the lost...
Romanians earned average net salaries 22.9% higher in 2008 than in 2007, with the highest increases in health and social care (35.9%) and education (34.4%), reads the report remitted by the...
European Bank for Reconstruction and Development said yesterday it would issue 115 million lei in fixed bond rates with a maturity date in 2019, as part of a strategy to assist in the development...
The board of the National Bank of Romania (BNR) approved a 0.25 percentage point cut of the benchmark lending rate down to 10%, keeping the levels of the required reserve ratio steady.
E.ON Romania is ramping up efforts to purchase natural gas extracted by Sterling Resources from mainland platform in the Black Sea, said the managing director of E.ON Romania, Frank Hajdinjak.
Financial rating agency Standard & Poor’s (S&P) has placed its ‘BBB’ long-term corporate credit rating on French carmaker Renault, active in Romanian car industry, on...
International Monetary Fund (IMF) expects Romania to plunge into recession in 2008.
If in the past, many pharmacies were working with a roughly null profit margin, in the midst of economic downturn the already low margins can trigger snowballing bankruptcies, both for drug chains...
In the best-case scenario, the residential market will regain its health at the end of 2009-early 2010, after last year when the house prices plummeted 30% from a year earlier, reads the latest...
The retail sales index in Romanian market dropped 0.2% in December 2008 from a year earlier, unlike the 0.8% average registered in European Union, according to the statistics made public by Eurostat.
The benchmark exchange rate posted by BNR dropped for the third day in a row, down to 4.2872 lei/euro, from 4.2954 rate on Wednesday, amid a generally rising European market, where the emerging...
Romania ranks near the bottom in Europe when it comes to the tax system for venture capital and private equity, according to the findings of a KPMG study on European tax and legal environments.
EasyJet airline said it carried about 2.8 million passengers in January, up 2.8% from the year-ago period.
Monica Tatoiu, managing director of Cosmetics Oriflame Romania, one of the leading players of the local beauty product industry, has decided to delay the departure from the post she has held for...
Nicolae Vidu stepped down as administrator of Rompetrol Well Service on the speculations of alleged connection between Rompetrol –Sterling Resources and Midia Resources.
After one month in office, Anca Dumitru, the new managing director of Bucharest Stock Exchange is now pressing the reset button and talks about the strategy of the institution to counter the...