Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street in luna Noiembrie 2009.
Vezi arhiva completa a lunii Noiembrie 2009 →
Electricity demand in Romania is expected to remain at 2009 level this year, but it will largely depend on the strategy of large electricity consumers, according to the National Energy Regulation...
The benchmark exchange rate set by the National Bank of Romania fell 0.02 percent to 4.2952 lei per euro, following leu’s increase in the early trades, in line with its peers in the region,...
UniCredit Tiriac Bank, fully-owned by Italian-based UniCredit, reported 9% YoY decline in net profit for the nine months through September, to 252 million lei (€59.7 million), weighed down by...
IMF said it wants to look at the 2010 budget, especially at the structure of expenses, before approving the disbursement of the third tranche to Romania under stand-by agreement, said the...
Holcim Romania, the fully-owned subsidiary of Swiss-based cement maker Holcim, reported a 14.7% decline in cement and clinker sales for the first nine months this year compared to the same period...
Romanian leasing market contracted by 74% in the nine months ending September 30, to a total value of leasing contracts of €1.07 billion, largely weighed down by car and equipment segment,...
More than 9 in 10 employees (94%) stating that recent organizational changes have been incorrectly managed admitted they are not motivated in the workplace, according to a recent survey conducted...
Millennium bcp reported Q1-Q3 loss of €26.7 million for its operations in Romania 22.4% higher than €21.8 million last year, in the context of a struggling economic environment, the...
CNH is the sole company to receive subsidies in 2010, of the ten companies monitored by the state under the IMF/EU agreement, Tudor Serban, state secretary at the Ministry of Finances said earlier...
Auchan opened the seventh hypermarket in Romania, at Timisoara inside Iulius Mall, which will employ 350 people.
The benchmark exchange rate set by the National Bank of Romania increased 0.03 percent to 4.2967 lei per euro, after early-session depreciation of the national currency in quiet trading, NewsIn...
Drug distributor Farmaceutica Remedia (ticker: RMAH) reported a profit of 606,503 lei (€143,000) for the third quarter this year, after 1.07 million lei loss in Apr-Jul 2009 period.
The Ministry of Finance and European Investment Bank have finalized negotiations for €395 million loan to support the modernization of Bucharest metro network, Line 5 Drumul Taberei -...
World Bank expects Romania’s potential economic growth rate to stand near 2% over the next two years, from previous forecasts of 4%.
October statistics suggest the number of jobless jumped to highest in five years and a half: 654,000. And the 2010 outlook remains daunting, since companies will proceed with caution when it time...
Romania’s economy remained weak throughout the third quarter this year, contracting at 0.7% quarterly rate, and by 7.1% from the same period of last year, statistical office said.
Competition Council has opened two inquests into whether the country’s telecom giants, Orange Romania, Vodafone Romania and Cosmote violated antitrust laws by giving retailers inducements not...
International Finance Corporation (IFC), the World Bank’s private-sector lender has picked up 3.62% equity in Romanian Banca Transilvania, by converting $20 billion-worth bonds it holds since...
Aviva Investors will launch by the end of the year Real Estate Opportunities, an open-end property fund with a startup capital of €7.5 million, according to real estate consultant, DTZ...
Local drug maker Antibiotice Iasi (ticker: ATB) said its profit fell 7% in the Jan-Sep period, to 15.7 million lei (€3.7 million), from the same period of last year.
OTP Bank Romania, one of Romania’s mid-sized banks said its net profit for the nine months ending September 30 stood at 779 million forints (€2.7 million), versus 196 million forints...
The benchmark exchange rate set by the National Bank of Romania advanced 0.03 percent to 4.2978 lei per euro, on quiet trades in the interbank market, the euro trading between 4.2960 and 4.3030 lei...
The Gross Domestic Product fell in the Q3 this year by 0.7% from previous quarter, while compared to the same period of last year, the GDP dropped 7.1%. Conclusions are optimistic: Romania could...
Sanofi Aventis, the majority shareholder of Zentiva Romania (ticker: SCD) acquired late last week, 0.77% of the company for 2.24 million lei (€0.51 million).
Local durable consumer goods market increased to €336 million in third quarter this year, from Q2 €308 million, GfK TEMAX study shows.
Workers of the Bucharest underground train service, Metrorex will go on unlimited strike tomorrow, over the results of today’s negotiation with Radu Berceanu. Metrorex will thus disrupt the...
Audit and financial advisory company KPMG said its annual turnover stood at €33.3 million in the fifteenth year of operation in Romania, compared to €32.6 million in the previous fiscal...
The benchmark exchange rate set by the National Bank of Romania fell 0.04 percent to 4.2962 lei per euro, in a fairly quiet session, without significant transactions as the leu moved in a narrow...
Romania’s poor economic performance throughout the first quarter may mark the worst point of recession, and could lift the full-year economic contraction to 6.7%, while unemployment rate...
The policymaking group of the national Bank of Romania has cut today the required reserve ratio for fx-denominated liabilities from 30% to 25% citing “the delay in the disbursement of...
Shares of financial investment companies (BSE: SIF) closed down 1percent while the Bucharest Stock Market retained modest gain of 0.35percent, as stock-buying lost steam towards closing after US...
Putting off the disbursement of the third tranche under the aid deal with International Monetary Fund urged the policymaking board of the National Bank of Romania to hold a “special...
Erste Group Bank, that holds Banca Comerciala Romana, said it had raised €1.74 billion in capital in a rights issue closed yesterday, a day earlier than scheduled, the final price being...
Local carmaker Dacia will premier the new Duster, the lines of which preview the 4x4 model that is due to go on sale in 2010, the company said.
The benchmark exchange rate set by the National Bank of Romania fell 0.08% Tuesday to 4.2928 lei/euro, the lowest in three weeks, a day after the central bank cut the reserve requirements for...
Despite the positive signals from the local authorities, Romania is still far from seeing the bottom of the economic downturn, and exports are likely to pick up as late as first half 2010, even if...
The strategy of retail property owners has been adopted by office space landlords, who now offer competitive tenant incentives, such as more favorable lease terms or even rent-free periods, in an...
Bucharest Stock Exchange fell modestly Tuesday, as composite index closed 1.40% lower, while the shares of financial investment companies (BSE:FIC) decline averaged 1.70%, as external markets...
The nine biggest investors in Romania’s banking sector will meet today at Brussels with the representatives of National Bank of Romania, International Monetary Fund and European Commission to...
The official exchange rate set by the National Bank of Romania fell to the six-week low, as the local currency traded below the 4.28/euro barrier, after sharp rise in the morning, in contrast with...