Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street in luna Octombrie 2009.
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Rompetrol Rafinare, member of Rompetrol Group, will temporarily shut down oil refinery Petromidia during October 17-November 3 for maintenance works, the company said in a press release remitted to...
Kentucky Fried Chicken (KFC) Romania will open at the end of October a new restaurant in Timisoara, which would represent around €700,000 investment by the fast food chain.
Stefan Vancek has been officially appointed as commercial director and member of the directorate of Generali Insurance Romania, where he will oversee the development and administration of the...
The official exchange rate set by the National Bank of Romania increased by 0.13 percent to 4.2897 lei per euro, the highest level of the past six months and a half, on political pressures over the...
The motion of censure that led to the first demise of the government in the post-communist era has been voted in the Parliament earlier today.
Romania’s payment balance deficit narrowed 78.6% the eight months through August 2009, to €2.449bln compared to the same period of last year, led by decreases in trade deficit and high...
Shareholders of Dornafarm Suceava (ticker: DOFA) have approved the capital increase of up to 6.4 million lei via rights issue, according to a press release of the company remitted to Rasdaq stock...
Laura Tampa, managing director of Grey Romania has decided to step down from his position at the helm of the communication agency. Dan Medrea has been appointed as Grey’s Area CEO for...
Ford aims at increasing market share in Romania, but cannot say whether the country is over the worst of recession nor for how long sales will remain subdued, said the Ingvar Sviggum, Ford of...
October 13 will be one of the most pivotal events in the modern history of Romania: the first Government in the post-communist era was brought down by a motion of censure that passed yesterday in...
Banca Comerciala Romana, Romania’s largest bank by assets, has cut the premiums for payment protection insurance policy attached to unsecured personal loan in lei – Divers Extra BCR...
Solar Photovoltaic (PV) electricity could provide up to 12 percent of European Union electricity demand by 2020, from less than 1 percent today, a study conducted by A.T. Kearney found.
For the second year in a row, Capital magazine (Ringier) and Forbes (Adevarul Holding) have released their annual listings of the richest Romanians. However, the two rankings differ markedly.
The RON/EUR exchange rate set by the National Bank of Romania increased by 0.1 percent to 4.2940 lei per euro, as the local currency continued its descent in the early trades, following the...
Moody’s rating agency said it didn’t expect any major impact from the Romanian government collapse in the near term, especially as the International Monetary Fund has been...
Natural gas supplier Romgaz, gas carrier Transgaz and electricity supplier CE Craiova will work together to develop the first project to capture carbon dioxide, as part of a partnership between...
Citibank launched yesterday a new range of products and services geared towards high-earning clients.
Central European Media that operates six television stations in Romania, including Pro TV, is expected to miss analysts’ expectations this year.
Wall-Street has listed the top 10 stocks with a “buy” rating at Bucharest Stock Exchange, after a fundamental analysts carried by Andrei Radulescu, analyst at Target Capital. According...
European Bank for Reconstruction and Development (EBRD) has revised its forecasts on Romania’s Gross Domestic Product for 2009, seeing an 8% contraction, after 7.1% growth a year earlier.
Musat& Asociatii law firm said it expected a recovery of the Mergers and Acquisitions market as the real finance sources in the foreign markets will soon be separated almost completely from the...
Romanian President Traian Basescu named earlier today Lucian Croitoru, the current adviser to the NBR governor, for the government leadership.
Danish-based furniture chain opened new furniture and home décor store in Iasi, at the Era Shopping Park. The store has a gross surface of 641sqare meters and represents an investment of...
Citigroup has raised its forecasts on EUR/RON pair for the end of the year, to 4.32 from initial 4.1, due to Romanian central bank’s willingness and ability to mitigate the negative impacts...
Romania's national currency, the leu, hovered near the six and a half months low at midsesson. The National Bank of Romania posted a benchmark exchange rate of 4.2937 lei per euro, 0.01 percent...
Columbia Business School announces an admission information session and reception to be hosted by Associate Director of Admissions Michael Robinson in Bucharest, Romania.
Parker Lewis consultant aims at increasing its turnover to four million euro next year, after the investment in launching operations in Romania cost around one million euro, according to Dan...
An International Monetary Fund mission will visit Romania as soon as new cabinet has been formed to begin talks with Romanian authorities on the second review or the country’s economic...
The designated legislative leader has, under the Constitution, no more than ten days for the parties to negotiate divisions of power and form the government, and ten days to formulate a government...
The local subsidiary of Europe’s largest retailer, Carrefour reported sales of €809 mln in nine months through September this year, down 1.2% from year-ago period, while in third quarter...
Bulgarian-based financial group Eurohold, majority shareholder of EuroIns Romania, is in advanced talks to acquire a leasing company in Romania that is on the brink of bankruptcy, as well as a...
Representatives of Luxembourg-based private equity and investment advisory firm, CVC Capital Partners said it would consider new investments opportunities in the region, including Romania.
Romania's national currency continued to rise slightly to an official exchange rate of 4.2886 lei per euro according to the National Bank of Romania, from 4.2937 in the previous session, NewsIn...
The scrappage grant has been an incentive scheme for both the economy and consumption only in Germany and United States, where the car buyers received a higher grant. The value of the scrappage...
It has been three weeks since the ruling coalition plunged into crisis, triggered by the sacking of the Interior Minister, PSD’s Dan Nica by the centrist PM Emil Boc. After 21 days of...
With a total area of 420,000 square meters, twice the size of Bucharest’s AFI Palace Cotroceni, Istanbul Cevahir mega-mall is considered to be the largest shopping center in Europe and...
Ernst & Young said it had appointed three new partners within its assurance practice, David O’Connor, Andreas Hadjidamianou, and Christiana Panayidou.
The local branch of international law firm Salans has promoted two new partners, Tiberiu Csaki and Claudiu Munteanu-Jipescu.
Romania’s expenditures for pensions as part of the social security budget would make up half of the state budget in the next 50 years, according to the Sustainability Report released by...
The benchmark exchange rate set by the National Bank of Romania increased by 0.04 percent to 4.2903 lei per euro, on scarce transactions in a market dominated by apathy, following a regional trend,...