Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street in luna Octombrie 2009.
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Six out of ten Romanians cited the economic crisis as the biggest challenge developing countries are currently facing, while in EU, the biggest concern is poverty, according to a Eurobarometer...
How did top multinational companies dealt with recession in the past 12 months and how are they bracing for the global recovery? “Lessons from Change” global survey conducted over the...
World Bank said it wouldn’t continue discussions with Romania until a new government was formed, after IMF issued a similar press statement. Meanwhile, the talks initiated by the designated...
With a representation twice the size of last year’s, Romanian technology industry takes the fourth spot among countries in the region.
Romania is at risk of failing to absorb €169 million under the pre-accession assistance. Another €745 mln under pre-accession structural instrument that funds transport and environmental...
Portuguese-based EDP Renováveis announced its plans to erect a wind farm in Medgidia, Romania, which is expected to power up operations by mid next year. The project would have an installed...
The official exchange rate set by the National Bank of Romania increased by 0.02 percent to 4.2911 lei per euro, after trading in quiet conditions, as investors are waiting for a resolution of the...
One year since being positioned as the first investment company exclusively focused on individual asset management, Explore Asset Management has launched an investment fund, a premiere for Romanian...
World Bank said it would launch a common catastrophe bond issuance platform that gives governments and public entities access to international capital markets to insure themselves against the risk...
The leader of the Social Democratic Party, Mircea Geoana said today after the meeting with the designated Prime Minister Lucian Croitoru, that PNL, PSD UDMR and the minorities had told Croitoru...
Deputy Chamber’s plenary session passed today the emergency ordinance No 99/2009 regarding the ratification of the Stand-By Arrangement between Romania and International Monetary Fund with...
More sensitive to price variations and affected by a mild contraction in demand - this is what describes the market research sector one year after the financial crisis set in. Even if the market...
The Union of Auto Journalists and Editors in Romania (UZEAR) organized a 3-days test-drive event at Cheia, Prahova, in order to determine the cars eligible for Car of the Year 2010 Award in...
Portuguese-based Millennium Bank joins factoring segment, a market still in its infancy in Romania, by launching a new product geared towards companies interested in improving cash flow and...
The benchmark exchange rate set by the National Bank of Romania increased by 0.04 percent to 4.2930 lei per euro, as the national currency fell in the early trades to 4.2965 and then started to...
The International Monetary Fund and Romanian government could go further afield in its efforts of increasing state revenues by raising the value added tax, although the best way to support the...
Sony, the Tokyo-based computer-maker, said the company expects to increase notebook shipments by 15% in the current fiscal year in Romania, bringing its total sales of laptops to 7,000, despite the...
KBC’s local brokerage subsidiary of the Belgian-based financial service provider launched an online investment platform that gives investors access to more than 20 markets around the world.
Green office building initiatives are still at infancy stage in Romania, with only one project achieving an international environmental certification. A “green” building maximizes the...
The single tax (16%) and standard value added tax (19%) are two of Romanian fiscal system’s main advantages in the region, according to Deloitte. However, the frequency at which the...
Shares of Rompetrol Rafinare (ticker: RRC) and of Rompetrol Well Services (ticker: PTR) have been suspended from trading at Bucharest Stock Exchange by the market watchdog, Romanian National...
Foreign banks have reduced their exposure in Romania by over €2 bln in second quarter this year, to €84.19bln, when expressed in euro. However, expressed in dollars, banks’ inflow...
Peter Imre, Corporate Affairs Director Philip Morris Romania & Bulgaria has stepped down from his role, after ending his mandate at the head of the tobacco company, and decided to pursue other...
The benchmark exchange rate set by the National Bank of Romania fell 0.02 percent to 4.2923 lei per euro, as the national currency traded between 4.2920 and 4.2930 versus the euro on the interbank...
Romania and Bulgaria are the EU countries where consumers are least able to purchase goods online in another Member State, according to a new European Commission report conducted after an...
One year after the collapse of the global financial system, even the IT recruitment market begins to feel the impact of the economic decline on the compensation packages the companies offer to the...
In a year of crisis, travel agencies and hotels have released their New Years vacation package offers for Romania, now adapted to the new market conditions. Wall-Streets listed the ten cheapest...
RBS Romania has launched a new service for tracking RBS cash or debit card for a certain account via mobile phone - Phone Banking – that will enable clients stay in touch with their personal...
Flamingo International, one of the largest retailers of electronics, home appliances and IT&C in Romania, reported a 30% increase in netbook sales year to date compared to the same period of...
Designated Prime Minister Lucian Croitoru has made public today his choices for cabinet ministers, a government that will go before the Parliament for the vote of confidence.
International Monetary Fund, World Bank and European Commission will arrive this week to carry out a follow-up mission in Romania, to assess the country’s compliance with the conditions for...
The retirement of Francois Fourmont, former head of local car manufacturer Dacia, is the most recent management staff change in the automotive industry. This year, the local market has seen a round...
The local media monitoring market is expected to remain close to last year’s value, of €5million. It is a good time for agencies to invest in the diversification of its services and...
Pizza Hut restaurant chain said it would open in mid November a new PHD outlet (Pizza Hut Delivery) in Auchan Titan, which represents a €150,000 investment.
The inventory of new homes increased by 3,300 in Bucharest in the first half this year, which accounts for only 37% of total number of new homes scheduled for delivery, Regatta real estate...
Romania's national currency, the leu, advanced slightly in the early trades, on a calm market, without significant trading volumes, the benchmark exchange rate set by the National Bank of...
The National Bank of Romania added 9.78 bln lei (€2.28 bln) of temporary reserves through seven-day repurchase agreement, mature on November 2. The NBR funds traded in the market at 8% repo...
Romtelecom, Romania’s largest landline operator, said it would change its voice portfolio for new clients in the residential segment, in its attempt to head off the decline of revenues from...
The total value of retail and business loan delinquencies rose to 6.51bln lei (€1.55 bln) in September this year, up 4.27% from a month earlier, and 302% more than a year-ago period, according...
BCR may need to raise minimum capital reserves to maintain the capital adequacy ratio of 10% and also to provide a buffer against potential risks and pressures on profitability and deteriorating...