Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street in luna Ianuarie 2009.
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Biggest price increase in Bucharest housing market were registered in March and April 2008, while the minimum price was registered in December, the price gap being 350 euro/sqm, namely a roughly...
Banca Comerciala Romana (BCR) said it would raise the indebtedness degree for home mortgage loans to 70% of the qualified incomes and hopes to receive the approval of National Bank of Romania,...
Even if it has been four months since the Black Monday in September, Lehman Brothers’ epic collapse will remain a turning point in the global financial landscape. After ten years spent in...
The year 2008 was profitable for music stores, with 50% increase in turnover and varied orders, from regular to customer-tailored instruments, at prices up to 20,000 euros. However, the market...
Radacini Motors, importer of Cadillac, Corvette and Hummer in Romanian car market said it would deliver in September the new Cadillac SRX with 3.0 liter gasoline V6 engine that outputs 260 HP.
BCR did not and does not receive from the mother-bank any request for early repayments of parent loans, as the bank’s activity clearly indicates the bank has good liquidity in EUR and lei as...
If in 2008 the volume of leasing transactions reached nearly 230,000 sqm including leases signed before building completion, the rented office stock is likely to remain below 100,000 sqm....
National currency gained nearly 0.05 lei today, the currency exchange rate dropping to a minimum of the day, 4.29 lei/euro. Market watchers speculate an indirect intervention of the central bank,...
Benchmark currency exchange rate set by BNR indicates a nearly 0.03 lei appreciation of the leu, up to 4.2634 units/euro, attuned to generally rising markets, with a sharper trend in case of...
Saatchi & Saatchi won the PR account for Alpha Bank to handle consultancy services, following to provide strategic input on corporate communication segment, CSR and issue management.
Stere Farmache stepped down as managing director of Bucharest Stock Exchange, taking over in mid January duties as first executive vice-president at Alpha Bank Romania. Farmache, aged 52, remains...
Mobexpert started the construction works at a new logistic center in Bucharest, designed to streamline products’ acquisition and distribution processes, for which the furniture manufacturer...
Millennium Communications agency will handle the Brands International’s PR account, including Nespresso, Habanos and ST Dupont brands.
Orange Romania launched a full-track music download store for mobile phones and computers. With a varied catalogue of 1 million titles, Music Store is one of the most popular services for digital...
Intercapital Invest, Romania’s biggest indie brokerage firm, registered stock transactions worth 643.5 million lei in 2008, down 17% from a year earlier, as the overall value of stock...
The owner of construction materials AdePlast, Marcel Barbut, signals a negative situation in the lending market that many managers refuse to talk about: foreign banks are siding with the companies...
Recession didn’t seem a major concern for the company that holds the most popular search engine in the world. The fourth-quarter earnings reported by Google topped analysts’...
National Authority for Communications has concluded the public consultations on the reduction of interconnection charges. Thus, starting July 1, 2010 Orange, Vodafone, Cosmote and Telemobil will...
Porsche Romania, importer of Audi, Bentley, Lamborghini, Porsche, Seat, Skoda, and Volkswagen holds 20% of the car market, with 53.955 cars sold last year, down 8% from a year earlier.
IKEA home product retailer reported total sales of 104.7 million euros throughout the year 2008, and over 3 million visitors last year.
European Bank for Reconstruction and Development has reduced for the second time its economic growth forecast for Romania’s gross domestic product in 2009, from November’s 3% to 1%,...
Corporate and household loans continued to slow sharply in December, after the negative evolution in the last two months, reads the data made public by the central bank, who signals the impact of...
In the retail industry, a lease agreement should include the essential elements, such as the premises, the costs supported by the tenant for using the space on lease and the term of the lease,...
Romania\'s national currency, the leu, stabilized at 4.23 against the single European currency at the end of the session, after it recovered a part of the ground lost at noon, following a regional...
Romania’s government will only endorse tomorrow the budget principles, not the bill itself, like the premier pledged last week while situation is heating up in the current economic context...
Brokerage Broker Cluj announced it is to close down for a while two secondary units in Deva and Satu Mare to optimize local activities, because of the financial crisis which hit the capital market...
The capital market watchdog CNVM decided to withdraw for a fortnight the license of Broker Cluj (BRK), beginning with today, due to irregularities at the unit in Deva, NewsIn informs.
The benchmark currency exchange rate set by National Bank of Romania indicate a roughly 1.01% decline of the local currency, down to 4.2775 lei/euro, after five bullish successive sessions, on a...
Romania\'s government is the only one not to have so far taken any anti-crisis measure, except for the CEC and EximBank capitalizations which makes it liable for an economic collapse sometime in...