Arhiva Wall-StreetEnglish-Version / Noiembrie 2009

Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street in luna Noiembrie 2009.
Vezi arhiva completa a lunii Noiembrie 2009 →

  • Where is the leu heading this...
    2 Noiembrie 2009

    Where is the leu heading this year?

    The euro is very likely to strengthen further versus the Romanian currency, up to 4.5 lei, according to the gloomiest projection of the analysts interviewed by Wall-Street. The political crisis...

  • ...
    2 Noiembrie 2009

    Erste plans to raise €1.65 billion in a rights offering at BSE

    Austrian-based banking group Erste Bank, majority shareholder of BCR said it planned to raise capital by €1.65 billion in a rights offering, at which Bucharest Stock Exchange investors can...

  • Bermas Suceava doubles profit...
    2 Noiembrie 2009

    Bermas Suceava doubles profit on cost-cutting

    Suceava-based brewer Bermas (ticker: BMS) reported that net profits almost doubled in the nine months through September this year, to 2.05 million lei (€485,000) as revenues outpaced expenses.

  • Romgaz reports 5% decline in...
    2 Noiembrie 2009

    Romgaz reports 5% decline in nine-month profit

    Romanian natural gas company Romgaz said its nine-month revenues fell 6.3% to 2.23 billion lei, and profit down 5% from year-ago period.

  • Ringier adds two new...
    2 Noiembrie 2009

    Ringier adds two new executive board positions

    Christian Unger (photo), CEO of Ringier media group announced the addition of two new group executive board positions: a CEO Ringier Digital for the digital business and a CEO Ringier Central...

  • 2 Noiembrie 2009

    ...

    Find out what are the high-tech habits and preferences of Razvan Botezatu, XGS Manager Xerox Romania and Moldova.

  • Midday Forex: Leu recoups...
    2 Noiembrie 2009

    Midday Forex: Leu recoups some losses vs euro

    The benchmark exchange rate set by the National Bank of Romania fell 0.29 percent to 4.2955 lei per euro, after the national currency shot upwards in the early trades, showing a different evolution...

  • 3 Noiembrie 2009

    Economists bet on a NBR rate cut by quarter-point to 7.75%

    The first rate-setting session in the new configuration of NBR policymaking group will take place tomorrow, in the midst of a political crisis, and bankers and economists put their bets on another...

  • ...
    3 Noiembrie 2009

    BRD’s nine-month profit falls 19%

    BRD-SocGen, Romania’s second largest bank by assets reported a net profit of 660 million lei (€156 million) for the nine months through September this year, 19% lower than year-ago...

  • Only a quarter of projects...
    3 Noiembrie 2009

    Only a quarter of projects ready for occupation in H2 are pre-let

    Around 25% of the total floor space ready for occupation in the second half of 2009 is pre-let, which represents a take-up rate much below the 2007-2008 levels, when pre-let spaces accounted 45-60%...

  • Adevarul Holding buys OK!...
    3 Noiembrie 2009

    Adevarul Holding buys OK! magazine publishing license

    Adevarul Holding media group has acquired the international publishing license of celebrity lifestyle magazine OK!, which will be launched in Romania within a few months.

  • 3 Noiembrie 2009

    Top 3 hybrid cars in Romania by year-to-date sales

    Romania is lagging far behind other European countries in hybrid car sales due to the government’s failure to attract consumer interest in these eco-friendly vehicles with premiums....

  • ...
    3 Noiembrie 2009

    Philips provides €4 mln medical systems to private hospital in Iasi

    Healthcare technology provider Philips has tooled the Medical Imaging Center Arcadia from Iasi through its authorized distributor Radiusmed, the total value of the medical system supplied reaching...

  • RNSC revokes license of KD...
    3 Noiembrie 2009

    RNSC revokes license of KD MultiFond

    Romanian National Securities Commission (CNVM) has revoked the license of open-end fund KD MultiFund under KD Investments’ custody, capital market watchdog said in its bulletin.

  • MOL expands card acceptance...
    3 Noiembrie 2009

    MOL expands card acceptance network in Austria

    The local subsidiary of oil company MOL has expanded its MOL Gold fuel card acceptance network in Austria as of November 1. The cards can be used for buying fuel for any vehicle without trading fee.

  • Petrom considers several...
    3 Noiembrie 2009

    Petrom considers several green-energy projects

    OMV’s Petrom, Romania’s largest company by market value said it was considering a number of renewable power projects, according to Razvan Nicolescu, head of corporate affairs at the oil...

  • Midday Forex: Leu trades near...
    3 Noiembrie 2009

    Midday Forex: Leu trades near all-time low vs euro

    The benchmark exchange rate set by the National Bank of Romania grew 0.21 percent to 4.3047 lei per euro, on a market with low transactions, as risk aversion pushed emerging currencies down versus...

  • 3 Noiembrie 2009

    Bucharest, Europe’s fifth cheapest office market

    The lowest prime office rents in European cities have been observed in Stuttgart, Germany, while Bucharest took the fifth spot, in top lowest open-market rents for Class A office spaces, a recent...

  • WIEE Romania: Solutions to...
    4 Noiembrie 2009

    ...

    The natural gas trading company WIEE Romania, a joint venture between Russian-based Gazprom and Wintershall with revenues of nearly €400 million in Romania, expects the natural gas demand to...

  • Hraben Suknaic, Google: We...
    4 Noiembrie 2009

    Hraben Suknaic, Google: We haven’t abandoned plans to open office in Romania

    Hraben Suknaic, Google's Regional Manager for Adriatics, Romania & Bulgaria, said plans of opening an office in Romania haven’t been abandoned, but the ideas wouldn’t be put...

  • BSE reports nine-month...
    4 Noiembrie 2009

    BSE reports nine-month pre-tax profit of 7.5million lei

    Bucharest Stock Exchange (BSE) said its gross profit stood at 7.5 million lei (€1.77 million) near its full-year estimates.

  • ING agrees to restructure...
    4 Noiembrie 2009

    ING agrees to restructure Flamingo’s €17.5 mln debt

    Flamingo International, one of the largest tech retailers agreed with its lender ING Bank to restructure the €17.5 million debt load, the deal being expected to complete within two months and...

  • NBR keeps rate at 8%, cites...
    4 Noiembrie 2009

    NBR keeps rate at 8%, cites political uncertainties

    The policymaking group of National Bank of Romania left its benchmark interest rate at 8% and required reserve ratio for leu liabilities at 15% and for fx liabilities at 30% in the last...

  • Reliance on imports and on a...
    4 Noiembrie 2009

    Reliance on imports and on a sole power supplier will increase further

    Mariana Gheorghe, CEO of oil company Petrom said the power demand and production costs would most likely increase further until 2030. “The global power demand will increase by 50% until...

  • Midday Forex: RON/EUR remains...
    4 Noiembrie 2009

    Midday Forex: RON/EUR remains above 4.3

    The benchmark exchange rate set by the National Bank of Romania fell 0.07 percent to 4.3017 lei per euro, in quiet trading, without reacting to central bank's rate cut, the national currency...

  • Without the money from IMF...
    4 Noiembrie 2009

    Without the money from IMF and EC, Romania is on the verge of collapse

    Representatives of employers’ organizations UGIR 1903 and CONIPROM said that if IMF and European Commission failed to disburse the third and fourth tranche under the SBA agreement, Romania...

  • Jobless rate expected to...
    4 Noiembrie 2009

    Jobless rate expected to touch 9% this year

    The unemployment rate is expected to rise from 5.8% in 2008 to about 9% in 2009, followed by a gradual easing to about 8.7% in 2010, according European Commission’s autumn forecasts.

  • 5 Noiembrie 2009

    NBR puts a curb on cheap loans

    Since the beginning of the year, the National Bank of Romania has began a series of rate cuts to restore financial stability and to bring about economic recovery, but uncertainties regarding the...

  • Average net income increased...
    5 Noiembrie 2009

    Average net income increased to €321 in September

    Average net income increased in September by 0.8% (11lei) from August, to 1,359 lei (€321), on occasional bonuses and benefits, as well as higher production output, according to the data...

  • Transelectrica reports 12...
    5 Noiembrie 2009

    Transelectrica reports 12 times lower profit

    State-owned electricity operator, Transelectrica (ticker: TEL) reported a net profit of 11.45 million lei (€2.7 million) for the nine months through September, 12 times lower than the same...

  • Political instability could...
    5 Noiembrie 2009

    Political instability could cost Romania €1.5 billion

    The prime minister designate Lucian Croitoru, said during the Parliament’s plenary session that the political instability would eventually lead to an increase in the country’s financing...

  • Fondul Proprietatea sells...
    5 Noiembrie 2009

    Fondul Proprietatea sells Centrofarm stake

    Fondul Proprietatea has sold its 17.36% stake in pharmacy chain Centrofarm Bucharest (ticker: CEOF), in a deal that fetched around 6.83 million lei (€1.54 million), the Fund said in a release...

  • Midday Forex: Leu ups...
    5 Noiembrie 2009

    Midday Forex: Leu ups slightly against euro

    The benchmark exchange rate set by the National Bank of Romania fell 0.03 percent to 4.3005 lei per euro, on a market without significant trading volumes, as the emerging currencies moved into...

  • Croitoru cabinet rejected
    5 Noiembrie 2009

    Croitoru cabinet rejected

    The prime minister designate Lucian Croitoru, failed to win the backing of the Parliament in a no-confidence vote.

  • ...
    5 Noiembrie 2009

    Aviva’s nine-month retail sales fell 11%

    Aviva Group reported an 11% decline in overall retail sales volume to £27.1 billion (€30.2 billion), as economic conditions impacted both consumer and employer behavior, the UK-based...

  • Deloitte: Economic crisis,...
    5 Noiembrie 2009

    Deloitte: Economic crisis, the opportunity IT leaders need

    The difficult environment is providing an unprecedented opportunity for IT leaders to show their added value and significantly increase their impact at board level, according to a Deloitte survey...

  • Lucian Croitoru rejected in a...
    6 Noiembrie 2009

    Lucian Croitoru rejected in a no-confidence vote. Who’s next?

    The government formed by prime minister designate Lucian Croitoru failed to receive the votes from the Parliament yesterday, with 250 negative votes against 189. Traian Basescu is due to nominate...

  • UPC reports first growth in...
    6 Noiembrie 2009

    UPC reports first growth in revenues in two years

    UPC Romania, the second largest cable operator reported the first growth in revenues of the past two years, according to the financial statement of US-based Liberty Global, the parent company of...

  • Industrial new orders fell...
    6 Noiembrie 2009

    Industrial new orders fell 19.3% in September

    New orders in industry fell 19.3% in September from year-ago period, but picked up when compared to August, according to data provided by the National Institute of Statistics.

  • ...
    6 Noiembrie 2009

    Cosmote Romania’s nine-month revenues jump 52.6%

    Cosmote Romania, third largest mobile network operator said its revenues jumped 52.6% in the nine months through September this year, from €203.4 million in 2008 to €310.4 million at the...

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