Arhiva Wall-StreetEnglish-Version / Septembrie 2009

Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street in luna Septembrie 2009.
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  • Leu falls slightly against euro
    1 Septembrie 2009

    Leu falls slightly against euro

    The benchmark exchange rate settled by the National Bank of Romania climbed 0.18 percent to 4.2231 lei per euro, after the national currency depreciated in the first part of the session in line...

  • Net profit of Bank Leumi...
    1 Septembrie 2009

    Net profit of Bank Leumi Romania boosts 72% in H1

    Bank Leumi Romania, subsidiary of Israeli financial group Leumi, reported a net profit of 8.6 million lei in the first semester, a 72 percent hike over the same period in the previous year, a...

  • BCR Leasing hikes share...
    1 Septembrie 2009

    BCR Leasing hikes share capital by 35%

    BCR Leasing IFN, the leasing division of Romania's top lender by assets Banca Comerciala Romana (BCR), increased the share capital by 5.29 million lei to 20.294 million lei, through the...

  • Electricity and gas...
    1 Septembrie 2009

    Electricity and gas consumption in Romania unlikely to reduce by more than 10%

    The electricity consumption in Romania will not lower by more than 10 percent at year-end and the gas consumption by more than 20 percent compared to 2008, the head of the power market regulator...

  • Head of Sanofi-Aventis...
    2 Septembrie 2009

    Head of Sanofi-Aventis Romania appointed as member of Zentiva's BoD

    Board of Directors of Zentiva Romania (BSE: SCD) has appointed Dan Ivan, country manager of Sanofi-Aventis, as permanent chairman of the board and will replace Alexander Cernak, the company said in...

  • Bancpost gets 80 million...
    2 Septembrie 2009

    Bancpost gets 80 million euros from EIB

    Bancpost concluded a financing agreement with European Investment Bank of 80 million euros destined to small and medium-scale projects promoted by small and medium-sized enterprises in Romania....

  • Terapia to sell first drug...
    2 Septembrie 2009

    Terapia to sell first drug under Ranbaxy and Daiichi Sankyo umbrella

    Cluj-based drug maker Terapia Ranbaxy, fully-owned subsidiary of the India’s Ranbaxy held by Daiichi Sankyo will start marketing Evista, the first drug launched in Europe after the Daiichi...

  • Leu rises slightly versus...
    2 Septembrie 2009

    Leu rises slightly versus euro in midday trade

    The benchmark exchange rate settled by the National Bank of Romania slipped to 4.2229 lei per euro, on a calm market, with low volumes, where the national currency waved within a small range,...

  • 2 Septembrie 2009

    Top largest stock brokers in August

    In August, the stock market liquidity was higher than in July, and the gaps between the ten largest brokerage firms active at Bucharest Stock Exchange have drastically narrowed.

  • ING: Romania likely to emerge...
    2 Septembrie 2009

    ING: Romania likely to emerge from recession in Q2, 2010

    Romanian economy may emerge from recession in the second quarter 2010, when the GDP growth is likely to be heading into the positive territory, ING says.

  • PepsiAmericas opened Europe's...
    2 Septembrie 2009

    PepsiAmericas opened Europe's largest bottling plant in Romania

    PepsiAmericas Romania, the second largest soft-drink maker opened in Dragomiresti, Ilfov, the largest bottling facility in its European network, investing around 85 million dollars in a first phase.

  • Romania's economy contracted...
    2 Septembrie 2009

    Romania's economy contracted 8.7% in second quarter

    Romania’s Gross Domestic Product shrank an annual 8.7% in second quarter, according to the revised data provided by the National Institute of Statistics, after previous estimates in mid...

  • What the autumn will bring...
    2 Septembrie 2009

    What the autumn will bring for the Bucharest Stock Exchange

    After a dramatic 2008, the bullish performance of the stock market throughout the first eight months took everybody by surprise. The traditional seasonal patterns of were left out and the stock...

  • Investments in Romanian...
    3 Septembrie 2009

    Investments in Romanian economy sink 29% in Q2

    Romania's economy attracted 29 percent less investments in the second quarter versus the same period of last year, to 14 billion lei, following halved investments in equipments, the National...

  • 3 Septembrie 2009

    How to protect your money from card frauds?

    Frauds, especially those by cloning or skimming your cards have became a major threat to plastic holders in Romania as banks started to diversify their credit, debit or store cards offers. An...

  • Top cheapest convertible cars...
    3 Septembrie 2009

    Top cheapest convertible cars in Romania

    The economic recession has slashed prices of new convertible cars in Romania to 13,000 euros (VAT included). Therefore, with 25,000 euros, you can buy one of the 11 car models available in the market.

  • Leu slumps to six-week low...
    3 Septembrie 2009

    Leu slumps to six-week low against euro

    Romania's national currency, the leu, fell against euro in line with the regional currencies at debut, the National Bank of Romania announcing a benchmark exchange rate of 4.2372 lei per euro,...

  • Tarom adds France route
    3 Septembrie 2009

    Tarom adds France route

    Airline carrier Tarom will fly new route between Bucharest and France’s Lyon from September 2, 2009.

  • Moody's: Recession to last...
    3 Septembrie 2009

    Moody's: Recession to last into 2010

    Romania is currently in a deep recession that is expected to last into 2010, and even so, the nation’s economy is unlikely to return to its recent lofty growth rates in the near term, the...

  • DOs and DON'Ts in dealing...
    3 Septembrie 2009

    DOs and DON'Ts in dealing with employees

    “Pressure” seems to be the everyday word nowadays, both with respect to the management of a company and to managing boss-employee relationship. Even so, there are things a manager...

  • Saint Gobain promotes its...
    4 Septembrie 2009

    Saint Gobain promotes its Country Manager for Romania to head operations in...

    Olivier Llunasi, Saint-Gobain’s country manager for Romania as of September 2006 will take over the new role of regional manager for Eastern Europe in the group.

  • Howard Johnson's managing...
    4 Septembrie 2009

    Howard Johnson's managing director Peter Martin steps down, passes baton

    After three years in office, Peter Craig Martin stepped down as managing director of the five-star hotel Howard Johnson Grand Plaza Bucharest.

  • Midday Forex: EUR/RON touches...
    4 Septembrie 2009

    Midday Forex: EUR/RON touches seven-week high

    The EUR/RON benchmark rate settled by the National Bank of Romania climbed 0.17 percent to 4.2442 lei per euro, and touched a seven-week high, as the national currency followed the regional flow at...

  • KFC adds new outlet to its...
    4 Septembrie 2009

    KFC adds new outlet to its Romanian restaurant chain

    KFC fast-food chain said it would add new outlet to its existent restaurant chain in Bucharest, Romania, adding the expansion was expected to cost around 700,000 euros.

  • Dacia put out one million...
    4 Septembrie 2009

    Dacia put out one million cars from X90 platform

    Dacia car maker said it manufactured one million cars on the X90 platform, the anniversary model being a Logan Preference 1.6 MPI, destined to Romanian market.

  • Citi: NBR will continue...
    4 Septembrie 2009

    Citi: NBR will continue easing policy rate

    The National Bank of Romania will continue easing monetary policy rate, on stronger-than-expected external adjustment coupled with the IMF/EU-led multilateral financial package. The policy rate may...

  • CareerBuilder reaffirms...
    4 Septembrie 2009

    CareerBuilder reaffirms investment plans in Romania, aims top spot

    After one year of activity in the Romanian market, CareerBuilder, world’s largest online job site, still aims at knocking off eJobs and BestJobs from their top spots, in an online recruitment...

  • Petrom's CEO sees crude price...
    4 Septembrie 2009

    Petrom's CEO sees crude price at $65-75/bbl in 2009

    A crude price determined by the supply and demand should averaging $65-75/barrel this year, although there may be speculative activity, said Mariana Gheorghe, chief executive officer of Petriom at...

  • Deloitte - 600 million euros...
    4 Septembrie 2009

    Deloitte - 600 million euros in debt advisory mandates in 2009

    Deloitte Romania and Reff & Associates, the correspondent law firm of Deloitte Romania, assisted INR Management Real Estate as financial, tax and, respectively, legal advisor in negotiating a...

  • Moody's view on Romanian economy
    4 Septembrie 2009

    Moody's view on Romanian economy

    Romania is currently in a deep recession that is expected to last into 2010, presidential elections that hamper IMF reforms and institutions at the level of Surinam, are the main directions the...

  • Average monthly income...
    7 Septembrie 2009

    Average monthly income increased 0.8% in July

    The net average income increased in July by 0.8% (11 lei) month-on-month, versus June, up to 1,390 lei (330 euros) on supplementary salary rights, holiday perks and high facility output, National...

  • Bogdan Enoiu, McCann...
    7 Septembrie 2009

    Bogdan Enoiu, McCann Worldgroup: advertising industry will continue to...

    The crisis in the local advertising industry could stretch well into 2010, and a recovery is most likely to take hold in 2011. “We haven’t reached the rock bottom yet”, Bogdan...

  • BCR committed to keep...
    7 Septembrie 2009

    BCR committed to keep headcount at 8,700 by year-end

    Romania's largest bank by assets Banca Comerciala Romana (BCR), owned by the Austrian lender Erste Bank, will keep the headcount at 8,700 by the end of the year, the bank's executive...

  • Ruxandra Nastase says Ozone a...
    7 Septembrie 2009

    Ruxandra Nastase says Ozone a closed chapter now

    After only three years since taking over the leadership of Ozone Romania, Ruxandra Nastase confirms the departure from the drug company, after the acquisition of Ozone’s product portfolio by...

  • 7 Septembrie 2009

    Profile - Aurel Netin, Lenovo: The perfect gadget, a combination between...

    Since July 2006, Aurel Nentin is the country manager Lenovo for Romania & Moldova, local subsidiary of the global PC maker. To him, the most unpleasant gadget-related incident was the transfer...

  • Midday Forex: Leu slightly...
    7 Septembrie 2009

    Midday Forex: Leu slightly higher against euro

    The National bank of Romania settled a benchmark exchange rate of 4.2436 lei per euro, up 0.01 percent over yesterday, after the national currency followed an uptrend in the early trades, following...

  • Blue Air launches daily...
    8 Septembrie 2009

    Blue Air launches daily Bucharest-Vienna flights

    The low-cost air carrier Blue Air, second largest in the local market, will launch new daily direct flights between Bucharest and Vienna from September 14, in order to fill the supply gap caused by...

  • ING signals more pay cuts...
    8 Septembrie 2009

    ING signals more pay cuts likely to come

    Salary adjustment measures in public and private sector were too slow and both companies and state institutions may speed up the process through the remainder of this year, according to an ING...

  • Sonia Nastase takes reins of...
    8 Septembrie 2009

    Sonia Nastase takes reins of Howard Johnson

    Sonia Nastase has been appointed chief executive of Howard Johnson Grand Plaza hotel, with effect from mid October. Sonia Nastase is thus the first woman to serve in this post in the local...

  • Fitch lowers Carrefour's...
    8 Septembrie 2009

    Fitch lowers Carrefour's rating one notch to 'A-'

    Fitch Ratings has downgraded on Monday France-based retailer Carrefour S.A.'s long-term issuer default rating and senior unsecured rating to 'A-' from "A", and short-term IDR...

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