Arhiva Wall-StreetEnglish-Version / Septembrie 2009 / pagina 2 din 5

Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street in luna Septembrie 2009.
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  • Midday Forex: Leu inches up...
    8 Septembrie 2009

    Midday Forex: Leu inches up against euro

    The benchmark exchange rate settled by the National Bank of Romania slipped to 4.2434 lei per euro, as the local market remains inactive, with narrow fluctuations and low volumes, NewsIn informs.

  • 8 Septembrie 2009

    Top 5 interest rates paid for savings accounts in euro

    The majority of Romanian savers prefer to set up deposits in euro, feared by a sharper devaluation of the local currency, even though their incomes are in lei. However, despite National...

  • GfK Romania posts first-half...
    8 Septembrie 2009

    GfK Romania posts first-half sales of 3.9 million euros

    Market research company GfK Romania said its first-half sales stood at 16.5 million lei (3.9 million euros) in 2009, approximately the year-ago levels.

  • Public sector furloughs: In...
    8 Septembrie 2009

    Public sector furloughs: In October-December

    In October-December 2009, public institutions are due to reduce payrolls by 15.5% in average. One of the measures would be a ten-day unpaid leave, 9AM informs.

  • Leumi Bank digs into its...
    8 Septembrie 2009

    Leumi Bank digs into its private banking business

    Bank Leumi Romania, the fully-owned subsidiary of Israeli-based Leumi group and one of the few banks that reported growth in first half, said it planned to expand its private banking activities,...

  • Wall-Street retains top spot...
    8 Septembrie 2009

    Wall-Street retains top spot as the most popular online business publication

    Online business publication Wall-Street, published by InternetCorp., kept its the top spot for the 12th consecutive month as the most popular Romanian business newspaper website, reaching 662,990...

  • 9 Septembrie 2009

    University graduates take a U-turn to their hometowns

    The crisis that began to take hold of the job market, the future of the country’s fresh college graduates appears bleak. While some of them stay in the large cities to continue their hunt for...

  • ProLogis appoints CFO for...
  • PwC Romania appoints new tax...
    9 Septembrie 2009

    PwC Romania appoints new tax partner

    Brian Arnold, with extensive experience in mergers and acquisition market, has been appointed as the new tax partner in the tax and legal services practice with PricewaterhouseCoopers (PwC) Romania.

  • Ozone-Advent deal under...
    9 Septembrie 2009

    Ozone-Advent deal under antitrust scrutiny

    Competition Council said it was analyzing the antitrust issues raised by the acquisition of Ozone Laboratories’ assets by Advent. The assets under the purchase agreement include both Ozone...

  • Midday Forex: Leu firms...
    9 Septembrie 2009

    Midday Forex: Leu firms slightly against euro

    The benchmark exchange rate settled by the National Bank of Romania dropped 0.12 percent to 4.2382 lei per euro, as players focused investments on the emerging currencies, which pushed the national...

  • What is restructuring: case...
    9 Septembrie 2009

    What is restructuring: case study Leonardo

    On a footwear retail market that recorded a 30% decline in sales in 2008, companies sought to improve both profitability by cost-cutting measures and efficiency of the business.

  • Why did borrowing costs...
    9 Septembrie 2009

    Why did borrowing costs remain high?

    Borrowing costs remained high throughout the summer, lenders showing timid rate-cutting attempts, despite the NBR governor’s estimates that Romanians would find better lending terms as they...

  • 9 Septembrie 2009

    Top cheapest homes for sale in Bucharest and Ilfov

    After a whopping 40% decline in housing prices in Bucharest (prices expressed in euro), the cheapest home is now priced as low as 30,000 euros.

  • Isarescu: GDP could nudge...
    10 Septembrie 2009

    Isarescu: GDP could nudge back in the positive territory in fourth quarter

    Romania’s economic QoQ output could be back in the positive territory in third quarter or fourth quarter the latest, said the governor of the National Bank of Romania, as the factory output...

  • AFI Palace Cotroceni opening...
    10 Septembrie 2009

    AFI Palace Cotroceni opening put off until October

    The opening of AFI Palace Cotroceni , the largest and much-anticipated shopping center in Romania will not be open in September as  scheduled, but in October 29th, according to developer AFI...

  • Patriciu looking to take full...
    10 Septembrie 2009

    Patriciu looking to take full ownership of Deutsche Land

    Black Sea Global Properties Limited (BSGP) held by Dinu Patriciu has raised its stake in the German-based Deutsche Land, from 29.9 percent to 32.1 percent of the existing issued ordinary share...

  • Midday Forex: Leu slips...
    10 Septembrie 2009

    Midday Forex: Leu slips against euro

    The benchmark exchange rate settled by the National Bank of Romania increased 0.19 percent to 4.2463 lei per euro, after the national currency fell in the early trade, and recovered slightly at...

  • Banks call for the adoption...
    10 Septembrie 2009

    Banks call for the adoption of IFRS standards

    Romanian Association of Banks proposed to the central bank the conversion to international financial reporting standards on January 1, 2012, which means that the introduction of IFRS provisioning...

  • Balkan Advisory Company...
    10 Septembrie 2009

    Balkan Advisory Company admitted as participant to RoClear

    Bulgarian-based buyout firm Balkan Advisory Company – IP EAD was admitted as clearing participant to the clearing settlement and registry system of Central Depository, but not in the role of...

  • ...
    10 Septembrie 2009

    Romanias regulatory reforms make it more difficult to do business

    Romania slumped ten positions in the world ranking of economies that put in place reforms making it easier to do business, to 55th of 183 economies, after showing progress in one indicator set, but...

  • Labor minister expects...
    10 Septembrie 2009

    Labor minister expects 620,000 will be jobless this year

    Minister of Labor, Marian Sarbu said the number of laid-off workers will be contained in the target range of the National Prognosis Commission (CNP), of 620,000 and said “the unemployment...

  • ...
    10 Septembrie 2009

    First Ford Transit Connect made in Romania

    US-based car manufacturer Ford, introduced yesterday the assembly line at the its auto manufacturing plant in Craiova, Romania, rolling out the first early production example of the Ford Transit...

  • Raluca Chiciu, promoted to...
    11 Septembrie 2009

    Raluca Chiciu, promoted to regional role at GE Money

    GE Money, the retail personal finance division of General Electric Romania said it had appointed Raluca Chiciu, Head of Compliance and Internal Audit for Romania, in a similar position at a...

  • Metro, Billa, Selgros, Mega...
    11 Septembrie 2009

    Metro, Billa, Selgros, Mega Image and Interex in price collusion probe

    Competition Council has initiated four separate inquests into suspected breach of Competition Law and EC Treaty arising from alleged food price-fixing by the four retailers, Billa, Selgros, Mega...

  • Public sector workers to call...
    11 Septembrie 2009

    Public sector workers to call general strike on October 5

    The trade union federations representing the public servants, police officers, teachers and the health staff will call a general strike on October 5, on disputes over with the single wage grid...

  • Midday Forex: RON/EUR...
    11 Septembrie 2009

    Midday Forex: RON/EUR slightly down

    The benchmark exchange rate established by the National Bank of Romania advanced 0.08 percent to 4.2495 lei per euro, following slight depreciation trend seen by most currencies in the region,...

  • Deloitte: Romania has 34...
    11 Septembrie 2009

    Deloitte: Romania has 34 companies in the Top 500 Central Europe

    Romania ranks fifth in the region based on the level of representation in Top 500 Central Europe with 34 companies while the combined turnover of the biggest Romanian companies grew by almost 24%...

  • ARB issues a set of...
    11 Septembrie 2009

    ARB issues a set of guidelines on corporate debt restructuring

    Banks will formulate a set of guidelines for small and medium sized enterprises, on debt restructuring mechanisms, methods and techniques meant to assist companies in the consultation and...

  • ...
    11 Septembrie 2009

    Tarom records Europes lowest load factor

    Tarom airline recorded a passenger load factor of 63.9% in July, the lowest level of all European air carrier, according to data provided by the Association of European Airlines.

  • Annual inflation drops below...
    11 Septembrie 2009

    Annual inflation drops below 5%, tops forecasts

    Annual inflation rate fell below 5% mark in August, down to 4.96%, according to data provided by the National Institute of Statistics. In July, the inflation rate fell to 5.06% month-on-month.

  • ...
    11 Septembrie 2009

    Real estate appraisers view on First Home scheme

    First Home scheme has raised controversies in the residential industry, from real estate agents to home appraisers as homeowners lifted asking prices, speculating a growing demand. However,...

  • CEO of RBS Romania appointed...
    14 Septembrie 2009

    CEO of RBS Romania appointed to head operations in Greece

    Peter M. Weiss stepped down as CEO of RBS Romania after completing his four-year term and will be replaced by Johan Gabriels who will take on the new role as of October 2009, after being approved...

  • Midday Forex: RON/EUR up to...
    14 Septembrie 2009

    Midday Forex: RON/EUR up to five-month high

    The benchmark exchange rate settled by the National Bank of Romania rose 0.13 percent to 4.2552 lei per euro, the highest level of the past five months and a half, on a calm market, without...

  • Profile: George Lemnaru,...
    14 Septembrie 2009

    ...

    George Lemnaru is the cofounder of eRepublik, the economic, political and military strategy web browser game with tens of thousand users across 60 countries. If money were no object, he would buy...

  • Competition Council opens new...
    14 Septembrie 2009

    Competition Council opens new probes against four drug companies

    Competition Council opened four new investigations into alleged violation of national antitrust laws in the drug wholesale industry. The companies under probe are Bayer Romania, Baxter Romania,...

  • Pizza Hut expects sales to...
    14 Septembrie 2009

    Pizza Hut expects sales to stagnate this year

    American Restaurant System that operates under franchise agreement Pizza Hut restaurant chain said it expected the this year’s sales to remain at the same level as 2008, namely 10 million...

  • Remedia shelves Dornafarm bid
    14 Septembrie 2009

    Remedia shelves Dornafarm bid

    Romanian drug wholesaler Farmaceutica Remedia, held by Valentin Tarus, said it had put off for next year the acquisition talks with regional Suceava-based drug company Dornafarm.

  • Million dollar German: Two...
    14 Septembrie 2009

    Million dollar German: Two hundred years from now and I would still invest in...

    Lutz Stache, with 700-million euros investments in three continents, has relinquished its construction business in Romania that generated 50 million euros, in order to concentrate the capital in...

  • Financial crisis in the...
    15 Septembrie 2009

    Financial crisis in the banking industry: One year later

    Tomorrow, September 15 will mark the one year-anniversary of the collapse of America’s one of the largest investment banks, Lehman Brothers, a moment considered by many as the ground zero of...

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