Arhiva Wall-StreetEnglish-Version / Iulie 2009 / pagina 4 din 5

Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street in luna Iulie 2009.
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  • Romania faces mounting...
    21 Iulie 2009

    Romania faces mounting poverty rates in 2009, World Bank says

    The number of Romanians at risk of falling into poverty will increase by 1.7 percent from 2008, up to 7.4%, with the children facing higher risks, according to World Bank’s Country...

  • Blue Air adds new flight from...
    21 Iulie 2009

    Blue Air adds new flight from Bucharest to Cluj Napoca

    Aviation company Blue Air will introduced as of July 22 a new short-haul flight that connects Bucharest and Cluj-Napoca and will be operated five times a week, the company said.

  • TMT companies chopped their...
    21 Iulie 2009

    TMT companies chopped their information security budgets in the wake of...

    The challenged macroeconomic backdrop is causing companies to review costs in all areas, including security, with 32% companies in the technology, media and telecommunication industry reporting...

  • Leu strengthens against euro...
    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...

  • A&D Pharma finds COO replacement
    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...

  • Anti-crisis measure: Leaders...
    21 Iulie 2009

    Anti-crisis measure: Leaders of the coalition agree on the introduction of...

    Deputy Prime Minister Dan Nica said the payment system with promissory notes issued by local authorities would be re-introduced in order not to affect investment schemes, this being considered as a...

  • Public debt climbs 10% in May
    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...

  • KPMG: The wolf is at the door
    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.

  • Recession-proof franchises
    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...

  • Who wins from Bucharest...
    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...

  • Ursus Breweries plans...
    22 Iulie 2009

    Ursus Breweries plans four-fold boost in Bere Azuga capital

    Ursus Breweries, majority shareholder of Bere Azuga said it planned a four-fold increase in common capital of the brewer to raise 41 million lei up to 54.4 million lei.

  • Insiders see no rebound of...
    22 Iulie 2009

    Insiders see no rebound of the labor market in second half

    With a staggering 6% unemployment rate in June, cuts in HR budgets, salary freezes, mass layoffs in first quarter, and an acute lack of employment offers marked the first-half labor market climate.

  • Anti-trust regulators approve...
    22 Iulie 2009

    Anti-trust regulators approve Mega Image takeover of Prodas

    Romanian antitrust regulator (CC) has approved supermarket chain Mega Image’s takeover of four stores operated under the banner Prodas Supermarket, held by Mialan Comimpex SRL.

  • Mid-session exchange rates...
    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...

  • Cotnari: Wine industry down...
    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,...

  • ING pulls out of "First Home"...
    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...

  • EuroIns Romania reports...
    22 Iulie 2009

    EuroIns Romania reports 2.8-fold increase in turnover in H1

    Insurance company EuroIns Romania reported gross premiums written (GPW) of 177.6 million lei in the first half, 2.8-fold higher year-on-year, fueled by good sales performance, the company's...

  • Sibex opens new trading...
    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.

  • Dacia's SUV to be named Kanjara
    22 Iulie 2009

    Dacia's 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

    Pharma: executives on the move

    The first six months had seen 15 major changes in local pharmaceutical companies’ top management.

  • 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...

  • Insurance market increased...
    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...

  • Deloitte: Private equity...
    23 Iulie 2009

    Deloitte: Private equity funds in the hunt for low-priced "gems"

    The search for the low-priced "gems" in distress will be the key agenda item for most private equity players during the remainder of 2009.

  • Lamda Development to pick up...
    23 Iulie 2009

    Lamda Development to pick up construction at its projects in the Balkans

    Real estate developer Lamda Development plans to pick up the development of residential and office projects in Romania, Bulgaria, Serbia and Montenegro from where it left off, after 30-40% of the...

  • Starbucks posts net earnings...
    23 Iulie 2009

    Starbucks posts net earnings of 151.5 million in Q3 FY 2009

    Starbucks Corp posted net earnings of 151.5 million dollars, or 0.20 US dollars EPS, in the three months to June 28 of fiscal year 2009 on restructuring charges, largely due to store closure.

  • InBev's sales director resigns
    23 Iulie 2009

    InBev's 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.

  • Leu firms against euro at midday
    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.

  • Zsolt Szalay: Gasoline...
    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...

  • The new Mazda 3 family now...
    23 Iulie 2009

    The new Mazda 3 family now available in Romania

    The new generation Mazda 3 has arrived in Romania, and is available at a starting price of 15,690 euros, VAT included, for its petrol 1.6 liters 105 HP version.

  • MyAir's flight operation...
    24 Iulie 2009

    MyAir's 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.

  • Government credit jumps 232%...
    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.

  • MyAir has 1.3 million in debt...
    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.

  • Leu steady against Euro
    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...

  • Shareholders of Ardaf agree...
    24 Iulie 2009

    Shareholders of Ardaf agree to raise capital to 309million lei

    Ardaf shareholders approved the increase of the share capital by 200 million lei by compensating a receivable to the main shareholder and by capital inflow from the others, to 309 million lei,...

  • Secom sold dietary...
    24 Iulie 2009

    Secom sold dietary supplements of 1.3 million euros in H1

    Secom, importer of dietary supplements reported a double turnover from year-ago period, up to 1.3 million euros . For the entire year, the company projected a 100% increase in turnover, from 1.7...

  • VB Leasing's turnover down...
    24 Iulie 2009

    VB Leasing's 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...

  • Adrian Mirsanu leaves...
    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...

  • First house buying program...
    27 Iulie 2009

    First house buying program could continue next year

    Romania’s government will keep financing the first house buying program „Prima Casa” next year if it proves successful, declared today the Prime Minister Emil Boc.

  • Piraeus Bank Romania hikes...
    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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