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

Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street in luna Octombrie 2009.
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  • Foreign investors warn of...
    28 Octombrie 2009

    Foreign investors warn of possible deterioration of pension income in Romania

    Professional organizations and representatives of foreign investors in Romania have signed today an open letter to the Romanian government to express their concerns regarding the public pension...

  • Metro promotes private-label...
    28 Octombrie 2009

    Metro promotes private-label items to resellers

    Metro Cash&Carry Romania has started a one-month promotion project for the products under own brand, Aro in six of its distribution outlets in the country.

  • Aerostar's Q3 profit sinks to...
    28 Octombrie 2009

    Aerostar's Q3 profit sinks to 4 mln lei

    Aicraft parts manufacturer Aerostar Bacau (ticker: ARS) reported third-quarter profit of 4.01 mln lei (€0.95 mln), 10% less than year-ago period, according to the financial statement remitted...

  • GE may invest in Romania via...
    28 Octombrie 2009

    GE may invest in Romania via $250mln equity fund

    The US-based technology and services conglomerate has launched the GE Healthymagination, a new equity fund that will make $250mln investment in healthcare technology companies, including Romanian...

  • Midday Forex: LEU/EUR hovers...
    28 Octombrie 2009

    Midday Forex: LEU/EUR hovers near 4.29

    Romania's national currencyfell slightly in the early trades today and then idled near 4.29 against euro, on a market with few transactions, pending arrival of International Monetary Fund (IMF)...

  • Competition Council clears...
    28 Octombrie 2009

    Competition Council clears Cosmote/Zapp deal

    Competition Council has approved Cosmote’s takeover of carrier Zapp, the largest telecom deal in Romanian market in 2009 to date.

  • Tarom in search of lost...
    28 Octombrie 2009

    Tarom in search of lost passengers

    In light of the falling number of airline passengers, Tarom is offering 800 two-way tickets at only €9 to 14 popular destinations (plus fees), for flights operated by aircrafts from its own...

  • 29 Octombrie 2009

    NBR calls on banks to reduce borrowing costs

    Romania’s leading banks recommend loans in lei, citing higher risks incurred by unhedged loans, where the income stream and the borrowing currency are different. But in practice, things are...

  • Fondul Proprietatea's...
    29 Octombrie 2009

    Fondul Proprietatea's nine-month profit ups 50% on equity offload

    Fondul Proprietatea reported net profit of 646.47 million lei (€152.83 million), 50% higher than year-ago period, after selling its equity positions in Petrom Aviation, CEZ Distribution, CEZ...

  • Real Hypermarket, anchor...
    29 Octombrie 2009

    Real Hypermarket, anchor tenant for the first time

    Real Hypermarkets, part of the German-based retail group Metro, will open tomorrow its new outlet in the long-expected AFI Palace Cotroceni shopping center located at the intersection of Timisoara...

  • 29 Octombrie 2009

    What currency to save in?

    Lei, euro, dollars, pounds or Swiss francs? Before making this decision, several aspects must be considered, such as the saving power, the best way to save the money, and the currency in which the...

  • Romania building permits drop...
    29 Octombrie 2009

    Romania building permits drop 23.4% in September

    In September 2009, municipalities issued 4,724 construction permits for homebuildings, 23.4% fewer than a year-ago period, and 1.5% more than a month earlier this year.

  • LukOil Romania's profit...
    29 Octombrie 2009

    LukOil Romania's profit tumbles on halved oil prices

    LukOil Romania, the subsidiary of Russian-based oil company reported total loss of $22 million, following 100% decline in oil prices and unfavorable exchange rates. Total sales reported for...

  • Midday Forex: Leu touches...
    29 Octombrie 2009

    Midday Forex: Leu touches one-month low vs euro

    The benchmark exchange rate set by the National Bank of Romania climbed 0.23 percent to 4.2995 lei per euro the highest in eight months on Wednesday, in generally quiet trading as risk appetite...

  • Farmexim launches insolvency...
    29 Octombrie 2009

    Farmexim launches insolvency proceedings against Dornafarm

    Drug distributor Farmexim has initiated insolvency proceedings against Dornafarm Suceava (ticker: DOFA), according to a press release remitted to Rasdaq stock market.

  • Alcatel-Lucent Romania...
    29 Octombrie 2009

    Alcatel-Lucent Romania transfers 20 workers to H-P

    Alcatel-Lucent, one of the world’s largest telecom groups will transfer 20 workers to US-based computer-maker Hewlett-Packard (HP), under the ten-year partnership between the two companies.

  • Orange Romania's nine-month...
    30 Octombrie 2009

    Orange Romania's nine-month revenues down 18.9%

    Orange Romania, largest mobile telecom group in the country, reported 18.1% decline in revenues in the nine months through September this year to €800 million from €977 million in the...

  • Fitch: GDP growth to turn...
    30 Octombrie 2009

    Fitch: GDP growth to turn moderately positive in 2010

    Fitch forecasts Romania’s GDP growth will turn positive in 2010 to around 2% after the 7.5% contraction projected for this year, the rating agency said in its “Emerging Europe Sovereign...

  • KPMG: Long-term tax rate has...
    30 Octombrie 2009

    KPMG: Long-term tax rate has skid to a halt

    The downtrend of long-term tax rate in Europe and Latin America has skid to a halt, and many governments are reviewing their taxation systems, a KPMG survey found.

  • Romania's weak economic...
    30 Octombrie 2009

    Romania's weak economic performance sends PepsiAmericas' third-quarter sales...

    PepsiAmericas reported a 9.3% decline in sales volume for its operations in Central and Eastern Europe, and third-quarter revenues down to $63.5 million. The economic recession that impacted...

  • Giuseppe Parma takes over...
    30 Octombrie 2009

    Giuseppe Parma takes over Indesit's operations in Romania

    Indesit home appliance maker said it had appointed Giuseppe Parma as head of its operations in Romania. He takes over the post from Eugen Paturan who served as Country Manager for Romania for ten...

  • Sanofi-Aventis grabs top spot...
    30 Octombrie 2009

    Sanofi-Aventis grabs top spot after Zentiva deal

    French-based Sanofi-Aventis cemented its position as leading drug maker in Romania with the recently-completed integration process of the Czech Zentiva (present in Romania via Sicomed)....

  • Midday Forex: RON/EUR breaks...
    30 Octombrie 2009

    Midday Forex: RON/EUR breaks through 4.3 barrier

    Romania's national currency, the leu, continued to depreciate during today’s session and he National Bank of Romania set a benchmark exchange rate of 4.3079 lei per euro, 0.2 percent up...

  • Economic confidence rises in...
    30 Octombrie 2009

    Economic confidence rises in EU, remains unchanged in Romania

    The index that measures confidence in Romanian economy remained in October at the same level as a month earlier, while in European Union, the indicator rose by 3.4 percentage points, the European...

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