Arhiva Wall-StreetEnglish-Version / Februarie 2010

Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street in luna Februarie 2010.
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  • Romanians, more optimistic...
    1 Februarie 2010

    Romanians, more optimistic about their economic situation

    After a year marked by pessimism due to the financial crisis, Romanians consider the financial situation of their households has improved in December, a survey carried by GfK Romania showed.

  • Romania building permits fell...
    1 Februarie 2010

    Romania building permits fell 20% in 2009

    Municipalities issued 48,833 construction permits for home buildings in 2009, 201.1% below 2008 levels, data from the National Institute of Statistics show.

  • AIG Romania renamed Chartis...
    1 Februarie 2010

    AIG Romania renamed Chartis Romania

    Property-casualty insurer AIG Romania has been renamed as Chartis Romania, the brand under which it AIG Europe operates since July 2009.

  • Midday Forex: EUR/RON drops...
    1 Februarie 2010

    Midday Forex: EUR/RON drops 0.24%

    The National Bank of Romania set a reference rate of 4.1220lei/euro today, down 0.24% from Thursday, as Greece’s default concerns have weakened Euro against a basket of currencies.

  • 1 Februarie 2010

    Blue Air nudges ahead of Wizz Air with 1.71 mln passengers

    After one year as the country’s top low-cost aviation company in Romania, Wizz Air gave up the top rank to its rival Blue Air. With 1.71 million passengers carried and €150 million...

  • EU unemployment rate up to...
    1 Februarie 2010

    EU unemployment rate up to record highs

    The unemployment rate in the European Union rose 0.1% in December from a month earlier to 9.6%, the highest rate since the start of the series in January 2000, while in the euro area, it stood at...

  • BSE stocks finish week mixed
    1 Februarie 2010

    BSE stocks finish week mixed

    Stocks at the Bucharest Stock Exchange traded sideways today, the liquidity being propped up by transactions with state securities that totaled 26.2 million lei.

  • TotalSoft appoints Daniel...
    2 Februarie 2010

    TotalSoft appoints Daniel Ionescu as strategy director

    Daniel Ionescu, former manager at BitDefender, has been appointed as strategy and marketing director of TotalSoft, one of the leading providers of business solutions in Romania. Ionescu’s...

  • Coca-Cola spent EUR1 million...
    2 Februarie 2010

    Coca-Cola spent EUR1 million on staff training in 2009

    Coca-Cola HBC Romania, the world’s largest soft-drink maker earmarked nearly one million euro on staff training schemes last year, according to Simona Popovici, country human resources...

  • Mobexpert's 2009 sales fell...
    2 Februarie 2010

    Mobexpert's 2009 sales fell far short of estimates

    Mobexpert, one of the biggest home-furnishing retailers in Romania said its 2009 sales sank 21% year-on-year to €115 million, at a double rate than estimated, largely due to the sharp...

  • Midday Forex: EUR/RON breaks...
    2 Februarie 2010

    Midday Forex: EUR/RON breaks through the 4.1 barrier

    The reference rate set by the National Bank of Romania fell heavily today by 1.01% to 4.0805 lei against its European counterpart, the strongest level in a year.

  • Omnilogic launches cloud...
    2 Februarie 2010

    Omnilogic launches cloud computing solution

    Omnilogic, one of the largest providers of computer technology solutions in Romania, announced the launch of OmniVServ, its first cloud computing service for businesses and individual users that...

  • Nokia Siemens takes another...
    2 Februarie 2010

    Nokia Siemens takes another step in the introduction of LTE

    Nokia Siemens Networks, the telecom company formed of Nokia Ayj and Siemens AG, has taken another step in its commitment to deliver energy-efficient high-speed mobile broadband services to its...

  • Heineken's marketing exec at...
    2 Februarie 2010

    Heineken's marketing exec at the helm of Strauss

    Marius Melesteu, former marketing executive of Brau Union – Heineken, has been appointed as general manager of Strauss Romania. Paul Markovits, former marketing director of Vodafone will...

  • Hewlett-Packard to hire 600...
    2 Februarie 2010

    Hewlett-Packard to hire 600 staff in 2010

    HP’s remote processing services center, Global eBusiness Operations Center (BeBOC) said it would increase headcount by 30% (600 staff) by the end of the year, by attracting students and...

  • Financial investment...
    2 Februarie 2010

    Financial investment companies jump 4%

    The FIC sector (BSE:SIF) posted a hefty 4% gain today, on big appetite on the buy side ahead of Government's decision to set a higher cap on equity holdings in financial investment companies.

  • Banca Transilvania opens...
    3 Februarie 2010

    Banca Transilvania opens earnings season

    Banca Transilvania said its 2009 net profit slumped 85% to 61.94 million lei (€14.64 million) from a year earlier.

  • Renault to unveil the new...
    3 Februarie 2010

    Renault to unveil the new coupe-roadster Wind

    Renault will unveil its new coupé-roadster, Renault Wind based on the Twingo, at the Geneva Motor Show in March.

  • Valvis borrows EUR9 mln from BCR
    3 Februarie 2010

    Valvis borrows EUR9 mln from BCR

    Businessman Jean Valvis borrowed €9.2 million from BCR through Carpathian Springs, in the form of investment loans and working capital which will be used for the construction of mineral water...

  • ING expects NBR to cut rate...
    3 Februarie 2010

    ING expects NBR to cut rate by 75 basis points

    The National Bank of Romania is likely to cut benchmark interest rate by three quarters of a percentage point to 6.75%, given IMF’s decision to free up the funds under the rescue package, and...

  • Midday Forex: Leu gives up...
    3 Februarie 2010

    Midday Forex: Leu gives up gains against euro on massive sell-off

    The EUR/RON reference rate set by the National Bank of Romania rose 0.18% from Monday, to 4.0877 lei against euro, on massive capital flight from the leu and from other currencies in the region.

  • Syscom Digital makes leap...
    3 Februarie 2010

    Syscom Digital makes leap into Moldova

    Mobile phone marketing agency Syscom Digital, established last year in Romania, has opened a branch in Chisinau.

  • ALD Automotive increases...
    3 Februarie 2010

    ALD Automotive increases fleet by 800 vehicles

    ALD Automotive, the vehicle leasing arm of Societe Generale had 5,147-vehicle fleet at the end of 2009, and after only two months into 2010, the company expects to have 6,000 vehicles under...

  • 4 Februarie 2010

    Top best-selling luxury cars in 2009

    Luxury car sales fell 56% to 4,234 vehicles last year, from 9,554 in 2008. However, many of the nameplates in 2008 top 10 list have remained the best-selling luxury cars through the 12 months...

  • Romania and Azerbaijan sign...
    4 Februarie 2010

    Romania and Azerbaijan sign energy partnership memorandum of understanding

    Romania and Azerbaijan have signed a memorandum of understanding on a strategic energy partnership, and is expected to conclude a similar agreement with Georgia in the next days, according to the...

  • NBR cuts main rate to 7%
    4 Februarie 2010

    NBR cuts main rate to 7%

    The policymaking group of the National Bank of Romania cut the monetary policy interest rates from 7.5% to 7%, effective February 4, 2010, in line with analysts’ forecasts.

  • Dacia Duster takes second...
    4 Februarie 2010

    Dacia Duster takes second place in the Trophee Andros

    Romanian car brand Dacia participated with its Duster model at the 2009-2010 edition of Trophée Andros ice-racing, and came out second, after Skoda Fabia.

  • LukOil Romania reports 38%...
    4 Februarie 2010

    LukOil Romania reports 38% decline in revenues

    Oil company LukOil Romania, subsidiary of Russai-based LukOil, posted $1.31 billion revenues 38% below year-ago levels, and $50 million, according to the chief executive of the company, Constantin...

  • Retail trade shrank 6.1% in...
    4 Februarie 2010

    Retail trade shrank 6.1% in December

    Retail trade turnover fell 6.1% in December from the same period of 2008, weighed down by fuel sales and food & non-food, data from the National Institute of Statistics show.

  • APT Resources&Services...
    4 Februarie 2010

    APT Resources&Services promotes CFO to CEO

    Sorina Donisa, former chief financial officer of human resources company APT Resources & Services, member of APT group will take up the chief executive role at the company. She will succeed...

  • Tarom flies to Riga as of March
    4 Februarie 2010

    Tarom flies to Riga as of March

    Domestic airline Tarom said it will begin weekly service between Bucharest and Riga as of March 28, 2010 with four round-trip weekly flights at special fares starting from €124 (all fees...

  • Midday Forex: Leu loses ground
    4 Februarie 2010

    Midday Forex: Leu loses ground

    The National Bank of Romania set a reference rate of 4.0964 lei against euro today, 0.21% higher than Tuesday’s level. After a sharp weakening to 4.1018 against euro in the morning, the leu...

  • One in two companies in...
    4 Februarie 2010

    One in two companies in Romania plan to hire managers and professionals in 2010

    More than half of companies in Romania are planning to hire at professional and managerial level over the next quarter, according to the findings of “Global Snapshot” survey conducted...

  • Ex-A&D Pharma director takes...
    4 Februarie 2010

    Ex-A&D Pharma director takes CFO role at Euromedia and Beta Cons

    Claudiu Manolescu has been appointed as Chief Financial Officer (CFO) of outdoor advertising companies Euromedia and Beta Cons, members of Epamedia, with effect from February 1.

  • BSE stocks post modest gains...
    4 Februarie 2010

    BSE stocks post modest gains at closing

    The stocks at the Bucharest Stock Exchange closed on the upside by modest margins today, with 0.50% gain while the FIC sector’s growth (BSE:SIF) came in far short of estimates, despite the 3%...

  • Vodafone Romania posts 23.8%...
    5 Februarie 2010

    Vodafone Romania posts 23.8% drop in revenues

    Vodafone Romania, the second largest telecom carrier in the local market, said its revenues in the quarter ended December 31, 2009 fell 23.8% from the same period of 2008.

  • Bespoke analyses will add...
    5 Februarie 2010

    Bespoke analyses will add 10-15% to Media Image's turnover in 2010

    The local provider of media monitoring and evaluation, Media Image, said it expects a 10-15% growth in turnover, to €1.8 million. A large portion of the growth will be driven by the bespoke...

  • 5 Februarie 2010

    2010, the year European countries embrace the deficit challenge

    The steps taken by the governments to respond to the global economic downturn with taxation measures focused on raising state revenues to head off a further deepening of the budget gaps. In...

  • 12% drop in sales for...
    5 Februarie 2010

    12% drop in sales for Coca-Cola Romania

    Coca-Cola Hellenic, the country’s largest soft-drink maker reported 12% decline in full-year sales, citing poor economic environment and rising unemployment rates.

  • Midday Forex: Leu remains weak
    5 Februarie 2010

    Midday Forex: Leu remains weak

    The national currency fell markedly against euro today, to a reference rate of 4.1214, in line with its peers in the region, while the US dollar posted substantial gain versus its European...

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