Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street in luna Iunie 2010.
Vezi arhiva completa a lunii Iunie 2010 →
The advertising market in Romania is set to take another loss this year, of 9% to €308 million, according to Media Fact Book yearbook released by Initiative agency. Compared to boom year 2008,...
Mic.ro retailer, held by Dinu Patriciu, will open two more stores in Bucharest, on Fainari street, District 2 and on Foisorului street, District 3, one week after the opening of two other stores.
Stocks at the Bucharest Stock Exchange posted significant gains today of up to 1%, the biggest advance being recorded by the financial investment companies.
85% of Romanian companies said that government tax breaks are required to accelerate green investment, such as low-carbon equipment, a survey by workspace solutions provider Regus found.
JirmaN Engineering is the only Romanian company included in the “The Secret of Success 2010 – The Many Faces of European Entrepreneurship” brochure, awarded at Brussels at the...
Romania’s Gross Domestic Product narrowed 2.6% in the first quarter on an annual basis, according to data from the National Institute of Statistics.
Retail trade turnover dropped 5.2% from the same period of 2009, weighed down by food and non-food sales decline, data from the National Institute of Statistics show.
The financial crisis should not determine the delaying or softening of the regulations regarding energy market development, and the regulatory framework should provide incentives and ensure that...
The Government’s austerity package that includes 25% public wage cut has generated a 40% decline in beer sales, said Mihai Ghyka, chief executive of Bergenbier, one of the largest brewers in...
The National Bank of Romania set a reference rate of 4.1864 lei/euro, up 0.07% from yesterday.
Since social networking sites have changed the way people interact with each other, as most of the times, they are a comfortable option for those who have a problem with speaking in front of groups...
Hewelett Packard, one of world’s largest PC-makers, has unveiled its HP Integrity suite that establishes a simplified, efficient and automated converged server and can reduce a...
Rompetrol Group paid $8 billion to the state budget since 2000 to date, of which $3.5 billion were paid in 2007, when the majority stake in the oil company was acquired by state-run KazMunaiGaz...
Mariana Gheorghe, the chief executive of Romania’s largest company said the country’s development strategy for the next ten years should be based on the relation between the three...
Stocks at the Bucharest Stock Exchange posted hefty gains today, led by the financial investment companies, while BET index broke through the 5,000-point barrier.
Despite the economic recovery signs in USA and Europe, post-crisis effects still weigh on country’s ability to finance their current account budget deficits, Erste Bank said in a report.
National newspaper sales fell across the board in the first quarter 2010 compared to the same period of last year, data from the Romanian Circulation Audit Bureau (BRAT) show.
ING bank has reduced its 2010 economic growth forecast for Romania from 0.9% to -1.4% and expects the GDP growth to return in the positive territory as late as inn 2011, the bank said in a report.
Office rents fell further this year, by 5% in the first quarter to below €10.sqm for decentralized locations, and are expected to remain subdued at least until mid this year when they will...
Around 3,000 unionists will stage a protest in front of the Parliament, when the Government will assume liability for the austerity package, and another 20,000 public sector workers will take part...
A&D Pharma, the largest drug distributor, said it would open its first private clinic in Bucharest, under Anima brand.
Few weeks after the acquisition of Pravion.ro, Spain-based private equity firm GED expands its reach into the Romanian travel industry by acquiring a majority stake in Travel House, company...
The National Bank of Romania set a reference rate of 4.2051 lei/euro, up 0.45% from yesterday.
The Money Channel has named Daniel Apostol as chief executive of the news channel, with effect from June. He will succeed Sorin Freciu, recently appointed as chairman of the board at...
President Traian Basescu chided the Government in the meeting with the ministers and PDL members of the parliament held in Snagov, for not putting in place the austerity package earlier.
The Romanian mergers & acquisition market remained relatively dull in the first quarter, evaluated at around €178 million, with few transactions completed, of which many have not been made...
M&A activity in the mega deal segment should remain weak in Romania, in the absence of recession-proof companies, said Cristian Nacu, partner Enterprise Investors.
Romania is the least attractive destination for German investors, the lack of interest and high dissatisfaction degree being the main reasons for the absence of deals in the local M&A market,...
If at the beginning of the year, there was certain frenzy in the local M&A market, and all the problems seemed to have vanished on the positive economic growth outlook, the optimism around a...
Retail rental levels continued to drop in the first quarter this year, largely due to shopping centers in decentralized areas, the declines being of up to 20%, according to a DTZ Echinox report.
Pension and public wage cut will be applied since the entry into force of the Law for which the Government will assume liability. Under the provisions of the amendments passed by the Government, no...
The national currency has passed the resistance level of 4.195 lei/euro, and X-Trade Brokers analysts are expecting the national currency to follow the same trendline.
The National Bank of Romania set a reference rate of 3.5243 lei/dollar, up 2.16% from Friday, the highest ever, according to central bank data.
The upward trajectory of the private equity confidence index has continued since all-time low of 48 in October 2008 to 140 today (close to pre-crisis levels and higher than last calculated –...
Stocks at the Bucharest Stock Exchange finished down today, as investors remained cautious on the internal and international context.
Credics Romania, the subsidiary of Israeli-based payment processor, expects revenues of €4 million in 2010, double from a year earlier, said Diana Munteanu, chief executive of Credics Romania.
Shopping business TCE Logistics, part of RTC group, held by businessman Octavian Radu has claimed the start of insolvency proceedings, the legal administrator being the Insolvency House Transilvania.
The National Bank of Romania set a reference rate of 4.2200 lei/euro, down 0.26% from yesterday’s six-month high.
Members of the Financial-Banking Analysts Association (AAFBR) said the May monthly inflation rate was 0.1% and that annual inflation rate would slow down to 4% by the end of the year.
Cement manufacturer Carpatcement Holding, the local subsidiary of the German-based HeidelbergCement named two new non-executive administrators in the board, according to data from the Official...