Arhiva Wall-StreetEnglish-Version / Februarie 2010 / pagina 3 din 4

Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street in luna Februarie 2010.
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    12 Februarie 2010

    Rompetrol Well Services 2009 revenues down by a third

    Rompetrol Well Services, the well services division of Rompetrol, said its 2009 net profit fell 43% from a year earlier to 13.66 million lei, on 34% lower revenues.

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    12 Februarie 2010

    Renault posts 2009 loss of 3 billion

    French-based car manufacturer Renault moved to a €3.07 billion loss in 2009, and revenues of €33.7 billion, the company said in a release.

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    12 Februarie 2010

    Teraplasts 2009 profit slumps 41%

    Terra-cotta tile manufacturer PVC Teraplast Bistrita (BSE:TRP) said in a BSE filing that its net profit fell 41% in 2009 to 11.42 million lei (€2.7 million), after an underlying profit of 19.3...

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    12 Februarie 2010

    Altexs 2009 revenues cut to half, keeps grip on top spot

    Altex has retained its status as the leading electronics retailer in 2009, with revenues of €180 million, in line with last year forecasts, according to Dan Ostahie, owner of the company.

  • Mircea Kivu, the new Mercury...
    12 Februarie 2010

    Mircea Kivu, the new Mercury Research COO

    Mercury Research, Romania’s leading full-service market research agency, has named Mircea Kivu as the new chief operating officer, with effect from February 1, 2010.

  • Financial investment...
    12 Februarie 2010

    Financial investment companies close 0.9% down

    Stocks at the Bucharest Stock Exchange suffered a mild fall on Thursday, with the five FIC (BSE:SIF) gauge BET-FI closing 0.90% lower, on a liquidity propped up by state security trades that...

  • Vladescu: Romania unable to...
    19 Februarie 2010

    Vladescu: Romania unable to report a solid economic growth in lack of higher...

    Romania cannot post a solid economic growth and on long-term without a significant increase of exports, said the Public Finance Minister, Sebastian Vladescu.

  • The national currency falls
    19 Februarie 2010

    The national currency falls

    Romania's central lender BNR posted a reference exchange rate of 4.1287 lei per euro, 0.22 percent up from the previous session, as the national currency declined in the first part of the day.

  • ING Bank Romania sees gross...
    19 Februarie 2010

    ING Bank Romania sees gross profit down by 20% y/y in 2009

    ING Bank Romania, the local unit of Dutch group ING Bank, reported a gross profit of 84 million lei last year, 20 percent down from the previous, on higher risk provisions, the group announced.

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    23 Februarie 2010

    Bucharests prime retail streets saw 40% drop in rental levels

    The rental levels for the Bucharest’s main shopping streets, Calea Victoriei and Magheru, dropped 46.2% and 42.3% respectively in the past year, to €70-75/sqm/month, according to the...

  • Hostway chosen by eMag to...
    23 Februarie 2010

    Hostway chosen by eMag to deliver web hosting services

    Hostway Romania, the local subsidiary of one of the world’s largest providers of domain name registration, web hosting, colocation and hosting, will provide hosting services to eMag,...

  • Lidl buys Plus Romania retail...
    23 Februarie 2010

    Lidl buys Plus Romania retail chain

    The Tengelmann Group has decided to sell its Plus Eastern Europe GmbH subsidiaries in Bulgaria and Romania. Financial details of the deal haven’t been disclosed.

  • RTC group extends Debenhams...
    23 Februarie 2010

    RTC group extends Debenhams franchise to 11 CEE countries

    One of the world’s leading department store groups with over 200-year tradition in the fashion industry, Debenhams, has agreed to award franchise rights to RTC group for 11 countries in...

  • Midday Forex: Leu trades near...
    23 Februarie 2010

    Midday Forex: Leu trades near 4.1250 against euro

    The leu opened higher today, to 4.1220 against euro, but wiped out the early gains at noon, when it fell to 4.13, in line with its peers in the region.

  • Microsoft sees 10% market...
    23 Februarie 2010

    Microsoft sees 10% market growth, conditional on GDP

    The information technology sector in Romania will grow at a ten times faster rate than Gross Domestic Product, with 5-10% advance year-on-year, said the chief executive of Microsoft Romania, Calin...

  • BSE stocks end session with...
    23 Februarie 2010

    BSE stocks end session with strong gains

    Stocks at the Bucharest trading posted strong gains today, with the index of the ten most actively traded stocks (BET) finishing 2% higher, while liquidity was once again buoyed by state securities...

  • UPC appoints ex-Coca Cola...
    24 Februarie 2010

    UPC appoints ex-Coca Cola exec as CCO

    UPC Romania, the second largest cable company in Romania, has appointed Dragos Militaru as chief commercial officer, who held various management positions in Coca-Cola HBC and The Coca-Cola Company.

  • Farmache: Alpha Bank has...
    24 Februarie 2010

    Farmache: Alpha Bank has above-average capital ratio

    Alpha Bank’s risk-adjusted capital ratio topped banking sector average, after the earlier 288.37 million lei (around €70 million) cash inflow from its parent group, Stere Farmache, vice...

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    24 Februarie 2010

    eMag expects 100 million revenues in 2010

    The biggest online retailer, eMag, said Tuesday that its revenues fell 12% in 2009 to €64 million.

  • Construction of NPP units 3...
    24 Februarie 2010

    Construction of NPP units 3 and 4 to start in 2011

    The construction works for the Cernavoda nuclear power plant units 3 and 4 will start next year, according to Dan Ionescu, chief executive of EnergoNuclear, the company responsible for the...

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    24 Februarie 2010

    NewCom Romtelecom deal under antitrust review

    The Competition Council opened an investigation into the acquisition of electronic communication networks of S.C NewCom Telecomunicatii S.A by S.C. NextGen Communications S.R.L, to determine...

  • Midday Forex: Leu pares...
    24 Februarie 2010

    Midday Forex: Leu pares morning gains, drops 0.07%

    The national currency opened session on a positive note today, rising to 4.1120 lei against euro, but lost steam in mid day trading and harked back to morning rates, in line with its peers in the...

  • NNDKP hits top spot in...
    24 Februarie 2010

    NNDKP hits top spot in law-firm league table

    Nestor Nestor Diculescu Kingston Petersen (NNDKP), one of the largest law firms in Romania, founded 20 years ago by Ion and Manuela Nestor, is the only legal adviser in Romania ranked at the top in...

  • FICs slump 2% amid holding...
    24 Februarie 2010

    FICs slump 2% amid holding cap worries

    Stocks at the Bucharest Stock Exchange made a tentatively steady start to trade on Tuesday, with the index of the ten most actively traded stocks (BET) posting modest gains, while composite BET-C...

  • Bankers to get 5.5% pay rise...
    24 Februarie 2010

    Bankers to get 5.5% pay rise in 2010

    Nearly 70% of the employers in Romania gave pay raises last year, compared to only 60% of the companies in the finance sector, according to a survey carried out by PricewaterhouseCoopers (PwC). The...

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    25 Februarie 2010

    Government to spend 1 billion on road repaving

    The Minister of Regional Development and Tourism, Elena Udrea said it would propose to the Government a €1 billion investment program in county roads maintenance that involves the resurfacing...

  • Fitch downgrades four Greek...
    25 Februarie 2010

    Fitch downgrades four Greek banks

    Fitch has revised downwards the ratings of National Bank of Greece (NBG), Alpha Bank, EFG Eurobank and Piraeus Bank, due to anticipated fiscal adjustments in Greece will affect to a even larger...

  • Director of Ogilvy CEE: 2010...
    25 Februarie 2010

    Director of Ogilvy CEE: 2010 is the year of mobile web

    Wim Vermeulen, Director of Innovation at Ogilvy Group, Central and Eastern Europe, said 2010 is shaping up to be a huge year for mobile web, when it may reach its axis point upon the entry of...

  • McKenzie, Ursus Breweries:...
    25 Februarie 2010

    McKenzie, Ursus Breweries: Online campaigns emerged as a one-night stand

    Many consumer-goods companies have handled online campaigns as a “one-night stand” so far, leaving irrelevant projects online that failed to drum up any consumer interest, said Grant...

  • The most popular brands in...
    25 Februarie 2010

    The most popular brands in the Romanian online

    The third edition of consumer research released by Gemius and Evensys - Online Leading Brands reveals Dacia has the best online presence in Romania, with 30% of the votes.

  • IMF sets first-quarter...
    25 Februarie 2010

    IMF sets first-quarter deficit target at 8.25 billion lei

    The International Monetary Fund (IMF) has already agreed on two quarterly budget gap targets for Romania, in a broad effort to contain the 2010 deficit within the 5.9% target range, from 7.2% in 2009.

  • Pro TV media group posts 35%...
    25 Februarie 2010

    Pro TV media group posts 35% dip in revenues

    Pro TV broadcaster, member of Central European Media Enterprises (CME) said its 2009 revenues dropped from $274.6 million in 2008 to $ 176.5 million.

  • Erste Group forecasts 1.44...
    25 Februarie 2010

    Erste Group forecasts 1.44 bln lei profit for 2009 for Petrom

    Erste Group expects the oil and gas company OMV Petrom (ticker: OMV) to report a net profit of 1.44 billion lei (€340 million) for 2009, 41% growth from 2008, the bank said in a research report.

  • Midday Forex: EUR/RON grows...
    25 Februarie 2010

    Midday Forex: EUR/RON grows slightly

    The National Bank of Romania set a reference rate Wednesday of 4.1269 lei/euro, up 0.11% from yesterday, after trading in a thin range below 4.13 lei/euro barrier.

  • BSE stocks end mixed
    25 Februarie 2010

    BSE stocks end mixed

    Stocks at the Bucharest Stock Exchange ended mixed Wednesday, with a slight decline of composite index, while financial investment companies sector closed up 0.4%, in a liquidity popped up by bond...

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    26 Februarie 2010

    Petroms 2009 profit zooms 33% amid recession

    The oil and gas company OMV Petrom said in its preliminary report filed to Bucharest Stock Exchange its net profit jumped 33% from 1.02 billion lei in 2008 to 1.36 billion lei (€321 million)...

  • Fitch downgrades Bancpost and...
    26 Februarie 2010

    Fitch downgrades Bancpost and Banca Romaneasca

    Fitch Ratings has revised yesterday the long-term issuer default ratings of Banca Romaneasca and Bancpost, a day after lowering ratings of their parent banks, National Bank of Greece and EFG Eurobank.

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    26 Februarie 2010

    Orange CEO on the carriers performance in 2009

    Orange, the largest mobile telecom operator in Romania, reported a 19.5% decline in revenues in 2009 from €1.31 billion in 2008.

  • Nouriel Roubini, special...
    26 Februarie 2010

    Nouriel Roubini, special guest on Central & South-East European financial forum

    Nouriel Roubini, the person who accurately predicted the extent of the global financial crisis will attend the seventh edition of the Central & South-East European financial forum at the...

  • City Mall denies sell-off rumors
    26 Februarie 2010

    City Mall denies sell-off rumors

    The representatives of City Mall denied rumors that investment fund APN/UKA had arranged to sell the property last year, claiming that APN was constantly revising its portfolio to identify...

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