Arhiva Wall-StreetEnglish-Version / Mai 2009 / pagina 5 din 5

Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street in luna Mai 2009.
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  • Tourism minister urges...
    26 Mai 2009

    Tourism minister urges companies in the field to list on the stock market

    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...

  • Administrator of Market...
    26 Mai 2009

    Administrator of Market Online: Fresh wave of bankruptcies and mergers on sight

    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 needs 100 million euro recap
    26 Mai 2009

    BCR needs 100 million euro recap

    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...

  • Leu goes up, against the...
    26 Mai 2009

    Leu goes up, against the regional trend

    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...

  • Dragos Novac's online store...
    26 Mai 2009

    Dragos Novac's online store promotes social shopping

    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,...

  • National Railway Company to...
    26 Mai 2009

    National Railway Company to lay off 3,700 workers

    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...

  • Top 10 largest M&A deals
    26 Mai 2009

    Top 10 largest M&A deals

    The global merger and acquisition market hit its five-year low, despite the peak reached in the best day for M&A in 2009.

  • Danone Romania sales shrank...
    26 Mai 2009

    Danone Romania sales shrank 10% in Q1

    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...

  • Banks meet NBR to talk the...
    26 Mai 2009

    Banks meet NBR to talk the loosening of lending standards

    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...

  • Volksbank Romania is not in...
    26 Mai 2009

    Volksbank Romania is not in need of additional capital

    Volksbank Romania does not require any additional capital after it reported a solvency ratio of 18.27 percent at the end of March, declared for NewsIn the Volksbank head, Gerald Schreiner.

  • What does the loyalty...
    27 Mai 2009

    What does the loyalty contract imply?

    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...

  • Crisis behavior: 97%...
    27 Mai 2009

    Crisis behavior: 97% consumers turn to discount promotions

    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...

  • Recession leaves M&A market...
    27 Mai 2009

    Recession leaves M&A market at the mercy of the buyers

    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...

  • Currency exchange rate goes...
    27 Mai 2009

    Currency exchange rate goes up in mid session

    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 to start...
    27 Mai 2009

    BRD Sogelease to start funding SMEs' projects

    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...

  • Report: Local FMCG market up...
    27 Mai 2009

    Report: Local FMCG market up 27% in 2008

    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.

  • Romgaz and Gazprom pool...
    27 Mai 2009

    Romgaz and Gazprom pool efforts to build gas deposits and thermal plants in...

    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...

  • First confirmed case of swine...
    28 Mai 2009

    First confirmed case of swine flu in Romania

    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...

  • Lending shows signs of...
    28 Mai 2009

    Lending shows signs of revival: 1% decline in April

    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...

  • ANEIR: Some 6,000 exporters...
    28 Mai 2009

    ANEIR: Some 6,000 exporters went bankrupt in 2007

    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...

  • Distressed asset funds: the...
    28 Mai 2009

    Distressed asset funds: the new buzzwords in M&A

    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...

  • Currency exchange rate edges up
    28 Mai 2009

    Currency exchange rate edges up

    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 claim poor...
    28 Mai 2009

    Romanian managers claim poor Government aid

    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 Group boosts...
    28 Mai 2009

    Raiffeisen Group boosts exposure by 11% in Romania in Q1

    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 reports gross profit...
    28 Mai 2009

    Omniasig reports gross profit up 23.82% in Q1

    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.

  • The leu heads over the falls
    29 Mai 2009

    The leu heads over the falls

    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.

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