Arhiva Wall-StreetEnglish-Version / 07 Iulie 2009

Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street din 07 Iulie 2009.
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Best sold cars in Romania: How much did they cost before crisis?
In the wake of financial crisis, automakers raced to cut prices, and increased the range of offers, but the sales continued to go down by as much as 50% in some cases on a yearly basis. The best...
Jobless rate goes up to 6.9% in Q1
Unemployment rate calculated for jobless persons aged between 15 and 74 but willing to work and sought jobs over the last month, climbed in first quarter 2009 by 1.1 pc from prior-year quarter, to...
Altex: 8.5% increase in turnover in 2008
Electronics and home appliance retailer Altex said its 2008 annual turnover had increased to 344 million euros in 2008, up 8.5% from 2007.
Top managers on the move
Sotirios Marindis former managing director of P&G Ukraine was appointed to head the group’s operations in Romania, succeeding Jose Antonio Medran. Jose Antonio will take up the...
Royal Crown Cola breaks into Romanian market
The world’s third largest cola drinks company said it would launch operations in Romania as of this month. The official launch took place on July 4, on the National Day of United States of...
Romanian leu falls slightly against euro
The National Bank of Romania posted a benchmark exchange rate of 4.2114 lei per euro today, up 0.19 percent over the previous session, after the national currency dropped slightly in the early...
Country Manager of Cisco Romania resigns
Cisco Romania said Bogdan Constantinescu (photo) is stepping down as Country Manager after nine years in office, and will be succeeded by the regional sales director Cristian Popescu.
Erste Group: Gold rush not yet over
Erste Group analysts expect the price of gold to surpass 1,000 dollars/ounce in the second half of 2009, as investors see gold as a safe play. Erste Bank has also set the long-term price target at...
AutoItalia Group introduces deferred-payment plan for Fiat cars
In view of the current economic crisis, car dealers come up with various solutions to get shoppers to once again reconsider the purchase of a new car. Therefore, AutoItalia Group introduced a new...
Pillar II: Pension funds increased assets by 9.5% in June
Romanian mandatory private pension market (Pillar II) reached total assets worth 1.57 billion lei at the end of June, up 9.49 percent over the previous month, according to data from the market...