Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street in luna Februarie 2010.
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Stocks of healthcare companies in the Central and Eastern Europe due to their defensive nature are bound to regain their appeal this year, after having fallen from investors’ grace in 2009,...
Romania's Supreme Defence council has approved the installation of anti-ballistic interceptors in the Romanian territory starting 2015, Traian Basescu said earlier today. He added that...
BSE’s most actively traded stocks suffered steep losses today, of 1.68%, while the financial investment companies shed 1.33% at closing, joining a global decline triggered by jobless claims...
Financial rating agency Fitch has today revised BCR, BRD, UniCredit and Banca Romaneasca’s outlooks to stable from negative following the agency's sovereign rating action on Romania.
February can be one of the best months to hit the slopes and enjoy the last days of snow. Travel agencies are offering bargain value winter trips 10% - 40% below mid-winter fares. Lodging prices...
The KD Group the major shareholder of KD Life Insurance denied the rumours of the bankruptcy of the company KD Life Asigurari, arguing that the company analyses opportunities for focusing on...
The National Bank of Romania revised its inflation forecast for 2010 to 3.5%, the central bank governor, Mugur Isarescu said earlier today. NBR had expected an inflation rate of 2.6%.
Renault will unveil its new Megane Coupé-Cabriolet at the forthcoming Geneva Motor Show (March 4-14, 2010and also at Renault showroom on the Champs-Elysées in Paris, France.
RCS&RDS, quadruple-play telecom and pay-TV services provider, is set to issue a $200 mln unsecured bond to refinance debt maturities and boost liquidity profile. The ‘B’ rating...
The euro and the dollar grew against a basket of emerging currencies today, including Romanian leu. The RON/EUR reference rate set by the National Bank of Romania grew 0.44%.
Most stocks traded in the red Friday, with the financial investment companies sector posting the steepest decline, of 4.26%.
Avrig 35, held by Alexander Hergan, together with real estate developer Cascade Group will invest €80 million in a new shopping park in east Bucharest. The anchor tenants are Auchan...
Credit to homes and businesses will pick up most likely in the second half of 2010, or first half of 2011, said the central bank governor Mugur Isarescu and deputy governor Cristian Popa. Even...
Ruukki Construction Romania, fully-owned subsidiary of the Finnish-based supplier of metal-based components Rautaruukki, appointed Marian Pirvu, former chief executive of ArcelorMittal Construction...
Dan Paul, chairman of Brokers Association and vice president of the Bucharest stock market has filed his papers to run in the race for a new term as administrator of the board of Bucharest Stock...
The National Employment Department (ANOFM) reported that 31,599 jobs were lost in January, bringing the total number of jobless up to 740,982, and unemployment rate up to 8.1%, the highest since...
The National Bank of Romania set a reference rate of 4.13 lei/euro 0.17% below Friday level, as euro-zone countries debt fears abated and tension in the international markets eased.
The National Securities Commission has approved the prospectus of the bid price for Rompetrol Rafinare at 0.0741 lei/share, the minimum price required by the commission, sources close to the issue...
Erste Group has raised its 12-month target price for BRD-Groupe Societe Generale shares (BSE:BRD) by 15% to 16.6 lei and an upside potential of 12%. The bank rated BRD stocks “Accumulate”.
Year-to-date, unemployment rate climbed 0.3% in January to 8.1%. A total of 31.599 jobs in the public or private sector were lost in the first month of 2010, bringing the number of unemployed to...
A survey of senior executives at nearly 900 major companies worldwide by Ernst & Young indicated that for over half of companies surviving 2010 would still remain a challenge.
Romania’s trade deficit narrowed in December 45.8% from the same period of 2008 to €850.6 million (3.6 billion lei) on 18.9% rise in exports paired with the 9.9% decline in imports, data...
BCR Leasing IFN will have a new chief executive, risk management specialist, Thomas Tolazzi who took up the new role earlier this month. He succeeds Claudiu Stanescu, whose term ended in January.
The Government could propose an increase in added value tax rate this year by 1-2% from 19% to address the sagging tax revenues, according to PricewaterhouseCoopers (PwC).
Ceramic tile maker KAI Romania said its revenues stood €8 million in 2009, its first year of operation, and predicts 50% increase in sales for 2010.
The national currency traded in a narrow range in the morning moving slightly higher against its European counterpart, from 4.1380 to 4.1280 lei/euro, in line with its peers in the region, such as...
Siveco Romania, one of the largest software makers in Romania, will provide e-learning solutions to more than 9,000 schools in Morocco, making it one of the largest learning software makers in the...
The financial investment companies sector (BSE:SIF) closed down 5% after the Commission for Economic Policy, Reform and Privatization with the Deputy Chamber opposed to the raise of equity holding...
The price estimated for the construction of the Cernavoda Nuclear Power Plant Units 3 and 4 is fair , says Hugh MacDiarmid, chairman and CEO of Atomic Energy of Canada Limited (AECL), the company...
Advantage Software Factory (ASF), Romanian-based debt collection software provider, said it planned to launch abroad its third business line, the report generating tool, NextReports.
Currency hedging is an approach that is intended to protect companies and institutions’ revenues and expenses from the risk incurred by any shifts in the value of currency used in the...
Automobile Dacia (ADSA) made a profit of €54.4 million (230.8 million lei) in 2009, 9.8% less than €60.28 million (222 million lei) a year earlier, according to unaudited data published...
US-based biotech giant Amgen opened today its first wholly-owned subsidiary in Romania at Bucharest, under the leadership of Regis Lhomme, the former chief executive of Pfizer Romania between 2000...
The National Bank of Romania set a reference rate of 4.1142 lei against euro today, down 0.38% from yesterday, in line with other currencies in the region.
Bucharest stock market surged today, after European Union said it was considering a rescue package for Greece, while the financial investment companies sector (BSE:SIF) recouped some of...
Rompetrol Rafinare (BSE:RRC) said its 2009 losses narrowed 29% from a year earlier to$180 million, according to unaudited financial statement remitted to Bucharest Stock Exchange.
The leu hovered near 4.105 units/euro in quiet trade today, but fell to 4.11 units against euro at closing, in line with its peers in the region.
Romania's gross domestic product (GDP) compressed 1.5 percent in the last quarter of 2009 versus the previous trimester, while on the entire year, the economy reduced 7.2 percent over 2008,...
Slovakian-born Ivana Vacokova assumed in January 1 the leadership of the local branch of Grafton Recruitment, part of Irish-based Grafton group, the recruitment company with offices now spanning 18...
Romanian M&A market reached €1.045 billion last year, while 80 deals worth over €1 million were shelved, according to a Capital Partners report.