Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street in luna Iunie 2009.
Vezi arhiva completa a lunii Iunie 2009 →
World Bank said it expected the Gross Domestic Product of developing countries to grow by 1.2% in 2009, excluding China and India while GDP in the remaining developing countries is projected to...
ProCredit Bank has launched a new 15-year maturity loan for joint financing agriculture projects that qualify for European Agriculture Fund for Rural Development, the bank said.
Erste Bank has allotted 912,323 shares issued at the end of last month under Employee Share Ownership Program (ESOP) aimed at attracting and retaining employee, according to a press release...
Kurt Strohmayer, general manager at the Bucharest hotel JW Marriott will officially step down at the end of July. His successor will be Israeli Igael Porecki.
A shopping center owner in Bucharest may spend around 11 euros/sqm on maintenance, 2 euros more than a shopping center owner in United Kingdom and nearly double than an owner in Bulgaria, according...
The National Bank of Romania settled a benchmark exchange rate of 4.2181 lei per euro, down 0.07 percent over the previous session, after the national currency showed a stable evolution, ignoring...
A study of executives at 570 leading global companies released recently by professional services organization Ernst & Young shows the depth of the impact of the worldwide recession on corporates.
FIC Moldova, the last majority shareholder sold its equity position of 3.47% in Bancpost for 12.71 million euros, according to a report remitted to Bucharest Stock Exchange.
Greece, one of the countries with the highest share in the total inbound investments in Romania, is present in the local market through seven banks, three telecommunication companies - Romtelecom,...
National Bank of Romania announced a benchmark exchange rate of 4.2329 lei per euro today, up 0.35 percent on the previous level, reaching a new high of the past two months, as the depreciation was...
AutoItalia Group, the importer of Infiniti brand in Romania has unveiled the new Infiniti G37 Convertible at a starting price of 43,110 (VAT not included), available for order as of August.
Romanians who make spa visits spend between 150 and 1,200 lei a month, and over 70% of them use spa services for stress relief, shows a recent EDEN SPA survey of 5,000 loyal customers.
This year, the price-earning ratios at companies listed at BSE recovered a portion of the 2008 losses, the earning multiples doubling on mounting volumes and trading values over the past three months.
Respondents expressing the least confidence in the services of insurance companies are the residents of Bucharest, with only 37% of them saying they would be willing to pay for an insurance policy,...
International Monetary Fund said it ended the financial year to April 2009 with 126 million dollar net income, compared with an initial projection of a shortfall.
Representatives of the national gas producer Romgaz will meet in the second part of July with the representatives of the Russian gas giant Gazprom to establish the legal means to include the...
He heads the development operations of one of the biggest players in the local real estate market, AFI Europe and left Costa Rico for Romania, in a time when properties were ballooning in price....
The crisis could start hitting taxpayers to their pocketbooks, leaving Europeans with a bill as high as 16.5% of Gross Domestic Product, according to European Commission. Analysts of Austrian-based...
Representatives of a building material company based in China have arrived in Targu-Jiu at the National Company of Lignite Oltenia S.A (SNLO) to talk a 28-million euro investment in Motru, in the...
The proposal was initiated by senators and deputies from several political parties requesting the equity holding limit of 1% in financial investment companies to be discarded.
UK-based investment fund Tri Investments acquired through its real estate investment arm Salamanca Capital a portion of the residential compound Perla Residence for around 15.5 million euros.
Banks keep interests high through a market phenomenon, which makes them level their offers to remain competitive, said the advisor to the governor of NBR, Adrian Vasilescu, adding that banks did...
Piraeus Bank’s capital adequacy ratio stands above NBR’s statutory capital requirements of 10% and needs no further capital increase for the reminder of this year, apart from the 20...
RBS Romania launched LOMS (Limited Order Management System), a new facility available within the bank’s electronic trading platform, which provides real time access and trading in the forex...
The National Bank of Romania announced today a benchmark exchange rate of 4.2284 lei per euro, 0.11 percent lower than yesterday's rate, as the volatility was rather low and the trend to go up...
Raiffeisen Bank Romania approved a 50 million euro budget for credits under “First Home” program, amount that can be increased depending on the market conditions, said the bank's...
Local lenders have seen their loan book shrinking sharply over the past six months. Bankers don’t expect any major turnaround in the coming period, assuming that “the environment stays...
Petrom started the oil exploration of Kazahstan’s Komsomolskoe oil field where the company expects to reach a plateau rate of 10,000 boe for the following years, the project absorbing 180-mn...
Hyundai Accent, Renault Clio and Skoda Octavia are the most popular diesel import cars in Romania this year, the first two models grabbing 6.5% share each of the total sales of diesel cars, while...
The benchmark exchange rate announced today by the National Bank of Romania stands at 4.2196 lei per euro, 0.21 percent below yesterday's quota, due to the regional bullish trend and the...
Dacia is middle-ranked in a Vehicle Ownership Satisfaction Study in Germany, with a score of 810 on a 1,000-point scale, taking 13th position in 27, head-to-head with Volkswagen, and above Nissan,...
Crediting in Romania clutched annual advance at 15.9 percent in May, retail and business loans amounting to 199.08 billion lei, about 0.7 percent down versus the previous month, data from the...
Deposits in lei and foreign currency increased in May by 0.5 percent versus April, to 155.37 billion lei, the positive evolution of leu-denominated deposits offsets the decline of foreign currency...
Romania is experiencing a dramatic economic adjustment, as it looks set to contract more than 6% y/y in 2009 which will put fiscal policy under pressure, while First Home program will have little...
Banca Comerciala Romana (BCR), Romania's largest bank by assets, decided to grant only credits in euro under the first home buying program and saves a quarter of the amount for houses under...
CEC Bank, decided that loans under First Home program granted by the bank to be leu-denominated, which will be converted in euros after the country enters the Eurozone and set the maximum lending...
Shares of Rompetrol Rafinare Constanta (RRC) and Rompetrol Well Services (PTR) will resume trading at Bucharest Stock Exchange on Monday.
National Bank of Romania injected 5.923 billion lei on the market through a repo operation due on July 27, at a yearly interest equal to the monetary policy rate of 9.5 percent, a dealer on the...
The benchmark exchange rate posted by the National Bank of Romania today stands at 4.2143 lei per euro, 0.13 percent down from yesterday, as investors’ risk appetite picked up, NewsIn informs.
Romanian tycoon Dinu Patriciu said earlier today he had sold the 25% equity stake in Rompetrol to KazMunaiGaz, thus exiting the oil business.