Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street in luna Ianuarie 2010.
Vezi arhiva completa a lunii Ianuarie 2010 →
BET index of the Bucharest Stock Exchange exceeded the 2009 high today and finished at 5,000 points, after posting 1% gain at closing, while the composite index grew 1.23% and bucked the downtrend...
Dutch-based Eureko BV said it had raised Eureko Asigurari’s capital by 8.5 million lei to 162.13 million lei by issuing 8,949,780 new shares at a face value of 1leu, according to a decision...
The Minister of Agriculture, Mihail Dumitru said earlier today that there was no possibility to obtain derogation from the European Commission for the extension of farm aids that could no longer be...
State-run gas company Transgaz will organize on February 15, 2010, 10:00a.m an open tender for selecting the contractors that will repair and retrofit the deteriorated natural gas pipeline...
Dragomir Stelian, former chief executive of welded pipe producer Zimtub Zimnicea (BSE: ZIM) said he had sold his stake in Belize-based off-shore Flamboyant Ventures, according to a BSE filing.
The Minister of Finance, Sebastian Vladescu said he hadn’t yet talked with anyone about the amendments to state budget, but stressed that any proposal that incurred overhead expenses to state...
The EUR/RON reference rate set by the National Bank of Romania fell 0.1% today from 4.1679lei/euro a day earlier, as the leu traded in a narrow range, with a modest upside trend versus its European...
The Competition Council announced it is analyzing the concentration achieved by the takeover of Sport Radio TV Media SRL by Pro TV SA in 2007, as there are suspicions the takeover was not notified...
Romania’s budget deficit at the end of 2009 has been contained within the 7.2%-7.3% target range, according to preliminary data provided by the Ministry of Finance, at a narrow margin from...
Romania’s trade deficit fell 54.8% in November last year to3.448 billion lei (€804 million), 3.194 bln lei (€973.3 million) less from a year earlier, as imports fell and exports...
Banca Comerciala Romana said it signed an agreement with European Investment Bank for a €75 million loan at the end of December last year. The loan will be used to finance SME projects.
OMV Petrom (BSE:SNP) bought back 714,000 equity shares of the company on Friday under the share buy-back program , for which it picked up 195,421 lei (€47,000), according to a filing to...
Consulting firm PricewaterhouseCoopers LLC (PwC) said it acquired the corporate performance management business Paragon Consulting Group, who will become par of PwC Advisory’s consulting...
Romania’s leu climbed to the strongest level in eight months against euro, by 0.71% to a reference rate of 4.1383 lei/euro. Year to date, the national currency gained 2.12% versus its...
Low-fare airline carrier Germanwings said it plans to buy four Airbus A319 jets this year, and hence increase fleet to 30 Airbus A319 aircraft.
NewsIn’s poll of economists and analysts showed inflation expectations at 4.7-4.8% at the end of 2009, at narrow margin above the central bank’s inflation target, largely due to the...
Romanian capital market has a high upside potential this year, as BET index is expected to grow 77%, the biggest rate in the region, according to CEE Equity Research by Erste.
Camaïeu, France’s largest clothing retailer opened its first store in Romania in AFI Palace Cotroceni shopping center, which will have a gross surface of 230 sqm.
The buying frenzy continued today at the Bucharest Stock Exchange, as most indexes rallied to new record highs, buoyed by the bullish European equities.
Average monthly net earning fell in November by 0.7% (9 lei) from October, to 1,366 lei (€318) on bonus cut and activity or production output reduction, according to data provided by the...
With a number of probes twice the size of 2008, the Competition Council has completed 31 investigations, adding to the 24 already underway. Most of them were into alleged antitrust practices in...
The annual inflation rate came in at 4.74% at the end of December 2009, undershooting the National Bank of Romania’s target by 0.24% margin. The central bank had targeted an inflation rate of...
Premium car sales in Romania fell 56% in the 11month period through November 2009 from Jan-Nov 2008 to 102 cars with over half of the registrations being for second-hand models – 59 units.
Prime Minister Emil Boc took a dig today at the fiscal policy pursued by the former Minister of Finance Varujan Vosganian, saying that 1.5% of the GDP was only “on the drawing board” in...
Primary energy resources fell in Jan-Nov 2009 period by 19.8% while electricity resources by 12% from the same period of last year, according to data provided by the National Institute of Statistics.
2009 was one of the worst years for online advertising, with many advertisers taking a cautious approach and focusing on the digital medium. Wall-Street looks at the most popular online ad formats...
Edit Vesser is as of January 12, 2010 the new chief executive of BNP Paribas Real Estate, the real estate arm of French-based group BNP Paribas.
In 2009, Banca Transilvania tech spending has topped €10 million, and should remain at this level throughout this year, according to Leontin Toderici, chief operations officer of the bank.
Pavel Stanchev, appointed as CEO of TV station Kanal D in February 2009, stepped down from his post “to pursue new career opportunities”.
Romanian National Securities Commission has suspended Automobile Craiova (ticker: AUCS) from Rasdaq trading, as the company will be delisted from the stock market.
Renault carmaker said it decided in October to recall over 300,000 vehicles in a preventive action to address problems with the power steering system.
Bucharest Stock Exchange wrapped up today’s trading session with modest drops, with BET-XT index down 1.13%, as China’s tightening of the monetary policy injected pessimism into the...
The National Bank of Romania set an EUR/RON reference rate of 4.1355lei/euro today, 0.07% lower than yesterday, and touched a new eight-month high.
Saxo Bank said the leu is likely to fall to 4.84 against euro over the coming 12 months, should the aid deal with IMF be interrupted.
The finance committees of the Parliament have appointed Dan Constantinescu (PNL) and Daniela Popa (PSD-PC) as members of the Insurance Supervisory Commission board.
Factory output grew in November by 3% from the same period of last year, after 13 successive months of decline, official figures from National Institute of Statistics show.
The leu advanced to nine-month high against its European counterpart today, to a reference rate of 4.1215, after a constant appreciation in the early trades, in line with the regional sentiment.
Euroministorage, self-service storage company invested around €8 million in a facility in Theodor Pallady area in Bucharest.
Sales at IKEA store in Baneasa fell to 349.24 million lei (€82.5 million) in Jan-Dec period, 9% below year-ago levels.
Competition Council opened an investigation into Asesoft takeover of Flamingo International distribution business, and potential antitrust violations in tech retailing.