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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  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...

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  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.

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  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...

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  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...

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  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)...

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  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.

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  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...

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  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...

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  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...

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  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.

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  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...

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  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...

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  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.

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  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.

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  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...

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  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...

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  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.

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  30 Octombrie 2009

  ...

  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...

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  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...

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  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)....

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  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...

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  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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