Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street in luna Mai 2009.
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British Airways’ country manager for Romania, Bulgaria and Moldova, Emil Delibashev has been appointed as commercial manager of the carrier in the Balkans.
Medical Unirea Centre and Hygeia Group opened the first stem cell bank with storage facility in Romania, Stem-Health Unirea, following a 2 million euro investment.
Gross premiums written on the local insurance market amounted to 2.42 billion lei in the first quarter, up 1.46 percent over the similar period last year, as the advance of the general insurance...
French-Dutch airline carrier Air France KLM reported 3.7% decline in passengers carried in April compared to a year earlier, down to 6.2 million passengers.
CEC Bank, the oldest lender in Romania, saw profit sink 57.4 percent year-on-year to 20.3 million lei in the first four months of 2009, on an 8 percent advance in loan book in the period ending in...
The net profit of Unicredit Tiriac Bank rallied 68 percent to 131 million lei (31 million euros) in the first quarter of 2009 compared to the similar period last year, the lender announced.
In first three months of 2009, Moldova’s mergers and acquisition market was on ice waiting for the financial crisis to unfold and for the MP elections to return a final result. However, by...
Projections of Mobexpert group, headed by Dan Sucu, for first quarter 2009 involved stagnation after keeping prices flat.
The net profit reported by Raiffeisen group for its operations in Romania and Moldova fell 55% in first quarter, down to 17 million euros from a year earlier, while the total assets increased by...
Power supplier Transelectrica (TEL) scored a net profit of 47.26 million lei during the first three months of the year, 42 percent less than the similar period last year, as business compressed by...
Tuca Zbarcea &Asociatii said the High Court of Cassation and Justice has agreed to dismiss Competition Council’s judgment to launch probe against Colgate-Palmolive over suspicions that it...
The number of reported cyber-crime incidents increased by 45% considering also that an increase in the technical sophistication of attacks and tools used to perform fraudulent actions the recent...
Romania's leu slipped this morning on regional trend and then settled close to 4.19 against the euro, the central bank (BNR) posting a reference exchange rate of 4.1891 lei per euro, slightly...
French-based Societe Generale and its subsidiary from Romania, BRD-Groupe Societe Generale are interested in financing the construction of reactors 3 and 4 of Cernavoda-based nuclear power plant,...
ING Bank Romania reported a gross profit of 121 million lei (28.36 million euros) after the first quarter of the year, a 248 percent jump on the similar period of 2008, on a 37 percent advance in...
The local division of aggregates and concrete producer Lafarge said it had pumped 1.6 million euros in a new concrete storage and handling facility in Oltenita, Calarasi.
The fast food chain operator KFC Romania recorded a turnover of about 8.4 million euros in the first quarter, 10 percent up year-on-year, NewsIn informs.
Standard&Poor’s maintained on Thursday Romania’s country rating in the speculative investment grade camp, as the economy slid into serious recessionary fields while unemployment...
Dan Ioan Popp, chief executive officer of Impact, the sole Romanian real estate developer listed at Bucharest Stock Exchange speaks in an interview for Wall-Street how Romanian companies strive to...
Foreign direct investments (FDI) in Romania dropped during the first quarter by 13.9 percent year-on-year to 1.456 billion euros, becoming twice as large as the current account deficit, according...
Romania's gross domestic product (GDP) compressed by 6.4 percent in the first three months of the year on the similar period in 2008 and 2.6 percent on the previous quarter, data of the...
Romania's national currency, the leu, dropped close to 4.20 over the single European currency in the first part of the day, in line with the evolution of regional currencies, and the central...
Avangate, full service provider of electronic software distribution and reseller management solutions for software vendors, part of Gecad ePayment International has announced the launch of the...
Managing Director of International Monetary Fund Dominique Strauss-Kahn said the global economy could follow a gradual recovery as of first quarter 2010.
Banca Comerciala Romana (BCR) said it would need additional capital if NBR lifted its solvency requirements from 8% to more than 10% for commercial banks, within the Romanian accounting system.
Revenues of drug maker Antibiotice Iasi (ATB) rose 10 percent in the first quarter to 63.92 million lei from prior-year period, as business increased 19 percent, according to financial results sent...
Financial investment company FIC Moldova (SIF2) reported a net profit of 4.17 million lei (980,000 euros) in the first quarter, down 65 percent from prior-year period, after revenues compressed by...
Germanos, the largest retailer of mobile phone accessories, part of Cosmote Group reported sales up 91% for headsets containing Bluetooth wireless technology in first four months in 2009, compared...
The reference exchange rate posted today by Romania's central lender BNR lowered 0.39 percent on the previous session to 4.1760 lei per euro, on the appreciation of the national currency in...
The Romanian technical consumer goods market fell in the first quarter by 33.4% down to 356 million euros compared to the same quarter of 2008. The greatest declines were recorded in office...
ProCredit Bank Romania, part of the ProCredit group, reported a 3 million euro loss in the first quarter on higher provisions and estimates to remain in the red this year, although it expects a...
International Monetary Fund is ready to ease fiscal conditions attached to the loan arrangements with Romania, Latvia and Hungary, on worsening economic conditions.
MOL Romania will chop spending this year on worsening economic crisis and will open fewer filling stations compared to a year earlier, when the oil company launched nine new retail units, said the...
European Commission could allocate around 320 million euros in 2009 and 2010 to support projects related to energy interconnections, offshore wind energy and carbon capture and storage, as part of...
Profit of Globe Trade Center (GTC) developer, known for the office building America House, sank 87.35% in first quarter 2009, down to 4.4 million euros, from 34.8 million euros in prior-year period.
McDonald's Romania, division of the world's largest restaurant company, invested some 9 million euros since the beginning of the year to open three new restaurants and now controls 61 units...
The official figures show Romania’s economy is facing a technical recession, after the gross domestic product suffered two successive quarterly declines. Wall-Street outlines the evolution of...
Drug producer Zentiva Romania (SCD) hiked profit 7 percent year-on-year to 6.13 million lei (1.44 million euros), as turnover rose by one third, NewsIn informs.
Romania is the 19th most attractive offshoring destination in the world, climbing 14 positions from 2007, according to the latest edition of management consulting firm A.T Kearney’s Global...
The mobile-phone company Vodafone Romania said its full FY- operating earnings before interests, taxes, depreciation and amortization fell 3.5% down to 527 million euros from 546 million euros in...