Arhiva Wall-StreetEnglish-Version / Iulie 2009 / pagina 4 din 5
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21 Iulie 2009
Public debt climbs 10% in May
Romania's total public debt rose in May by 10 percent versus end-2008, to 120.717 billion lei, accounting for 22.7 percent of the Gross Domestic Product (GDP) estimated this year, shows the...
21 Iulie 2009
KPMG: The wolf is at the door
Many governments around the world have a small window of opportunity to implement radical change a recent KPMG survey on the effects of the downturn on the public sector found.
21 Iulie 2009
Recession-proof franchises
After enjoying their momentum in the franchise industry last year, the real estate, constructions, financial and retail sectors have lost their upper hand in 2009 and the field of opportunities...
21 Iulie 2009
Leu strengthens against euro at midday
The benchmark exchange rate posted by National Bank of Romania lowered by 0.11 percent today to 4.2397 lei per euro, after the national currency strengthened in the first part of the day and then...
21 Iulie 2009
A&D Pharma finds COO replacement
Pharmaceutical group A&D Pharma, the largest integrated marketing and sales services, wholesale and retail business in Romania which earlier this year announced the resignation of Vivian...
22 Iulie 2009
Who wins from Bucharest traffic jam?
The traffic jams on the Bucharest roads is a pretty expensive sports and is one of the biggest cause of frustration for drivers. The estimated costs of traffic congestion in large cities amount to...
22 Iulie 2009
Mid-session exchange rates edges down
The benchmark exchange rate posted by the National Bank of Romania slipped 0.04 percent today to 4.2378 lei per euro, after the national currency strengthened in the first part of the day, on a...
22 Iulie 2009
Cotnari: Wine industry down 10% in first half
Local wine industry, evaluated in 2008 at approximately 500 million euros, reported a weakening of its growth pace by 10% year-to-date, on reduced purchasing power, according to Razvan Serghiuta,...
22 Iulie 2009
ING pulls out of "First Home" scheme
After the review of Guarantee Convention for “First Home” program, received from National SME Loan Guarantee Fund (FNGCIMM), ING Bank said it would pull out of the scheme proposed by...
22 Iulie 2009
Sibex opens new trading platform in September
The new exchange trading system at Sibiu Monetary Financial and Commodities Exchange provided by Trayport could be operational in September, Teodor Ancuta, chairman of SIBEX told Wall-Street.
22 Iulie 2009
Dacias SUV to be named Kanjara
Dacia carmaker will unveil in 2010 its new SUV under the name of Kanjara, which will follow Nissan Qashqai, this being the first car made by Romanian manufacturer not linked to Logan project,...
23 Iulie 2009
Top 10 best sold cars in Romania
The car industry suffered one probably its sharpest fall in the last years under the wrath of the global crisis, with over 55% drop in first half. Car manufacturers recorded sagging sales that...
23 Iulie 2009
Insurance market increased 5.55% in H1
The Romanian insurance market increased by 5.55 percent in the first half of the year, to 4.67 billion lei, as the advance on the general insurance segment offset the decline reported by the life...
23 Iulie 2009
InBevs sales director resigns
Cristian Popa (photo), the head of InBev Romania brewer’s operations has announced that after serving the company for six years, he resigned, being replaced by Cristian Spuza.
23 Iulie 2009
Leu firms against euro at midday
The benchmark exchange rate dipped today by 0.05 percent, to 4.2356 lei per euro after the leu climbed before noon, the market standing poor in trades, NewsIn informs.
23 Iulie 2009
Zsolt Szalay: Gasoline consumption fell 10% in H1
Managing director of MOL Romania, Zsolt Szalay said first-half gasoline consumption among corporate clients fell by more than 10%, while the consumption among individual clients fell by less than...
24 Iulie 2009
MyAirs flight operation acceptance suspended
The Italian Civil Aviation Authority (ENAC) announced yesterday it had revoked the flight operation permit of Italian low-fair aviation company MyAir that operates flights from and two Romania....
24 Iulie 2009
Top 6 solutions to upgrade tax collection system
Representatives of the audit, advisory and consultancy firm Nexia International have proposed six fiscal anti-crisis solutions meant to rejuvenate economy and stimulate tax collection system.
24 Iulie 2009
Government credit jumps 232% year-on-year
The government credit increased in June by 10.7%, up to 36,740.2 million lei. On June 30, 2009, the government loan skyrocketed 232% (213.6 pps in real terms), from year-ago period.
24 Iulie 2009
MyAir has 1.3 million in debt to Baneasa Airport
Low-fare aviation company MyAir owes around 1.3 million euros worth of debt to Baneasa Airport, representing fees and airport services, according to the managing director of Baneasa, George Mihalcea.
24 Iulie 2009
Leu steady against Euro
The benchmark exchange rate posted today by the National Bank of Romania slipped 0.07 percent to 4.2325 lei per euro, after the leu strengthened slightly in the early trades, but then went back to...
24 Iulie 2009
VB Leasings turnover down 60% in H1
VB Leasing, held by VB Leasing International, recorded a 52 percent decrease year-on-year in its net profit in the first half of 2009 and a 60 percent drop in turnover, due to a decrease in car...
24 Iulie 2009
Adrian Mirsanu leaves Business Standard daily
The editor-in-chief of Business Standard daily said it would leave the newspaper published by Realitatea-Catavencu, effective as of August 23. The former director of business publication Division...
27 Iulie 2009
Piraeus Bank Romania hikes share capital 8.7%
Piraeus Bank Romania, the unit of Greece's fourth-biggest bank, increased its social capital by 8.7 percent to 950.85 million lei through cash inputs and the incorporation of non-distributed...
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