Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street in luna Mai 2009.
Vezi arhiva completa a lunii Mai 2009 →
Young graduates still in the hunt for jobs could make room in local labor market, even in crisis, by filling the shoes of junior people with relatively high unjustifiable salaries, according to...
Romania’s tourism minister Elena Udrea urged investors in the field to list companies at the Bucharest stock exchange, as it is not the appropriate time to privatize those where the ministry...
IT&C market will face a new round of bankruptcies and mergers this year, among companies in the sector, while the hardware market will fall by a staggering 40-50% YoY, according to Catalin...
BCR would need 460 million lei (nearly 100 million euros) for 2009 and 2010 in fresh new capital according to last year’s financial results to stay financially healthy as NBR’s stress...
The reference exchange rate posted by the central lender BNR lowered by 0.09 percent to 4.1725 lei per euro today, after the national currency advanced versus the euro around noon, without...
Coolio.ro, project launched by Dragos Novac, head of Krogos Software is making progress in creating a new community entirely dedicated to social shopping, still absent in Romanian online landscape,...
Romania's Transportation Ministry and railway trade unions reached an agreement which translates into the dismissal of 3,700 employees of the National Railway Company (CFR) and the slashing of...
The global merger and acquisition market hit its five-year low, despite the peak reached in the best day for M&A in 2009.
The local subsidiary of French food group Danone reported a 10 percent year-on-year decrease in sales during the first quarter of 2009, but estimates that business will recoup during the second...
The Romanian Banks Association (ARB) will meet today central bank (BNR) officials to discuss the possibility of softening the lending standards and allow a faster unclogging of the market, informed...
The grocery retail market showed 27% year-on-year growth in 2008, following an increase in sales volumes by 16%, according to the latest Nielsen Shopper Trends report.
Romania's state-owned gas supplier Romgaz and Russia's gas giant Gazprom could form a joint venture to build gas storage deposits and thermal plants in Romania, declared the Romanian...
Even though it has been used for over 13 years, the loyalty contract has become a common practice among companies interested in the education and training of its internal component, especially for...
The local modern retail industry is now largely soaked with stores’ promotions, which now seems to influence the buying decision of around 97% consumers, said the managing director of...
In a cash-strapped M&A market without deals or prospects, Doru Lionachescu, partner at independent investment bank Capital Partners, sees a sharp deterioration of valuation multiples of assets...
The benchmark exchange rate posted today by the NBR upped 0.21 percent to 4.1811 lei per euro after the constant depreciation of the Romanian currency in line with the region, affected by a global...
BRD Sogelease, the leasing division of BRD-Groupe Societe Generale, will launch a new product designed to finance the projects small and medium sized enterprises based on the 15 million-euro loan...
Health officials confirmed the first case of swine flu in Romania. The 30-year old woman, tested positive returned from USA and now is treated at ‘Matei Bals’ Institute, Romanian...
The volume of retail and small business loans fell for the second successive month in April, by 1% from prior month, to 200.55 billion lei (47.9 billion euros), and the annual growth rate dropped...
Around 6,000 exporters went bust since Romania’s accession to European Union membership, as a result of their failure to pay the value added tax to suppliers, said Mihai Ionescu, chairman of...
In a struggling economic environment, an increasing number of private equity funds are shifting focus to a new untapped venture. In an interview to Wall-Street, Mihai Sfintescu, investment manager...
The benchmark exchange rate of the central bank pinned the leu at 4.1830 over the single European currency after a decline in early trades, in tune with the regional currencies.
Romanian managers urged the government to get more involved in finding solutions for the economic recovery, according to a study carried out by the consultancy and audit company Deloitte, Newsin...
Raiffeisen Zentralbank Österreich’s receivables in Romania climbed by 11% in first quarter this year, up to 8.26 billion euros, which represents roughly 4.5% of the group’s overall...
Omniasig Vienna Insurance Group (VIG), the second largest insurer in Romania, reported a gross profit of 14.72 million lei in the first quarter, 23.82 percent up from a year earlier, NewsIn informs.
Romania’s national currency lost ground to 4.1912 against the euro from a previous 4.1830 at the benchmark exchange rate of the central bank, affected by regional downturn, NewsIn informs.