Arhiva Wall-StreetEnglish-Version / Iunie 2010 / pagina 3 din 6

Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street in luna Iunie 2010.
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  • Credics predicts revenues of...
    10 Iunie 2010

    Credics predicts revenues of EUR4 mn in 2010

    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.

  • Octavian Radu's shipping...
    10 Iunie 2010

    Octavian Radu's shipping business in insolvency

    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.

  • Midday Forex: Euro retreats...
    10 Iunie 2010

    Midday Forex: Euro retreats vs Leu

    The National Bank of Romania set a reference rate of 4.2200 lei/euro, down 0.26% from yesterday’s six-month high.

  • Analysts see May inflation at...
    10 Iunie 2010

    Analysts see May inflation at 0.1%

    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.

  • Carpatcement names two...
    10 Iunie 2010

    Carpatcement names two Germans as members of the board

    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...

  • Early repayment fee capped at 1%
    10 Iunie 2010

    Early repayment fee capped at 1%

    The early repayment fee charged for consumer, mortgage loans or lease-to-purchase agreements will be capped at 1% of the amount paid before due date, if loan is due within more than a year, and...

  • Athenee Palace Hilton:...
    10 Iunie 2010

    Athenee Palace Hilton: occupancy rate of 64% in Jan-May

    The five-star hotel in Bucharest, Athenee Palace Hilton recorded a room occupancy rate of 64% in the five-month period into May, according to Friedrich Niemann, chief executive of the hotel.

  • SIFs soar 4.61%
    10 Iunie 2010

    SIFs soar 4.61%

    Stocks at the Bucharest Stock Exchange posted significant gains today, after the major retreat yesterday, the biggest advance being recorded by the five financial investment companies.

  • May inflation rate drops to...
    11 Iunie 2010

    May inflation rate drops to 0.15%

    Monthly inflation rate dropped in May to 0.15% thus meeting analysts’ forecasts, on lower food prices, while compared to year-ago level, consumer prices rose 4.42%,. according to data from...

  • Mitroi (CFA): Sovereign...
    11 Iunie 2010

    Mitroi (CFA): Sovereign borrowing costs would have been higher in default of...

    Romania would have faced tough borrowing conditions and sovereign borrowing costs would have been 7% higher if it hadn’t taken the emergency loan package from the International Monetary Fund,...

  • Romania to attend Calgary's...
    11 Iunie 2010

    Romania to attend Calgary's Global Petroleum Show

    Nine Romanian oil & gas companies will be represented for the first time at the oil and gas event Calgary's Global Petroleum Show that will take place between June 5-12 in Canada, the Ministry...

  • Italy, willing to invest in...
    11 Iunie 2010

    Italy, willing to invest in Romanian communications sector

    The Minister of Communications and Information Technology, Gabriel Sandu said at the ceremony occasioned by the conclusion of the Memorandum of Understanding that Italian partners were willing to...

  • Top most trustworthy jobs in...
    11 Iunie 2010

    Top most trustworthy jobs in Romania

    Firefighters enjoy the highest levels of trust in Romania and internationally – 91% and 94% respectively, according to a GfK survey on the extent to which citizens trust various professional...

  • Recession weighs on luxury...
    11 Iunie 2010

    Recession weighs on luxury apartment rents

    Rental levels for luxury apartment fell between 30 and 70% since the onset of the financial crisis, the location of the apartments being the most important factor in the end-rent, representatives...

  • Midday Forex: Leu loses...
    11 Iunie 2010

    Midday Forex: Leu loses ground to euro

    The National Bank of Romania set a reference rate of 4.2208 lei/euro, 0.02% up from Wednesday, in line with the inter-bank trendline of the national currency.

  • GED brings Cellulem Block...
    11 Iunie 2010

    GED brings Cellulem Block beauty clinic in Romania

    Spain-based private equity fund GED, that holds in Romania companies such as Happy Tour, Fonomat, or Infopress, will open the first unit of Cellulem Block beauty and personal care franchise in...

  • SIFs move 1.4% higher
    11 Iunie 2010

    SIFs move 1.4% higher

    Stocks at the Bucharest Stock Exchanged closed another winning day today, the biggest advance being recorded by the five financial investment companies.

  • World Bank predicts slow...
    11 Iunie 2010

    World Bank predicts slow economic recovery for Romania

    Romania and Latvia are expected to experience their second and third years, respectively, of economic contraction in 2010, the Romanian economy being projected to recover at a modest pace.

  • Managers' picks to win World Cup
    14 Iunie 2010

    Managers' picks to win World Cup

    Whether it’s Argentina, Brazil or Spain, Romanian managers are counting down the hours before the long-awaited World Cup football tournament kicks off with host South Africa challenging...

  • Vladescu: Higher taxes if the...
    14 Iunie 2010

    Vladescu: Higher taxes if the economic contraction exceeds 2%

    If the Romanian economy will remain at current 0% or -1% level, a tax hike wouldn’t be necessary, but an economic contraction above 2% would impose new measures, said the minister of finance,...

  • Early repayment fee waiver...
    14 Iunie 2010

    Early repayment fee waiver could cost lenders millions of euro

    Credit institutions will be forced to modify the contract terms will almost all loan contracts, but notifying some eight million lenders will result in millions of euro costs banks will have to...

  • Chevrolet boasts bigger...
    14 Iunie 2010

    Chevrolet boasts bigger market share in Romania

    Chevrolet new-car sales in Romania reached 1,361 units in the January-May period, representing a market share of 5.16%.

  • Midday Forex: Leu grows...
    14 Iunie 2010

    Midday Forex: Leu grows modestly against euro

    The National Bank of Romania set a reference rate of 4.2163 lei/euro, down slightly (0.11%) from yesterday, after a strong performance of the national currency versus its European peer in the...

  • SIFs close up in bearish...
    14 Iunie 2010

    SIFs close up in bearish market tone

    Stocks at the Bucharest Stock Exchange capped week broadly below yesterday level while financial investment companies managed to stay in the positive territory.

  • 15 Iunie 2010

    Top 10 countries that will lead the global recovery

    Many middle-income emerging economies will become a whole new motor for the global economy, according to an AT Kearney study.

  • Logistics market: cautious...
    15 Iunie 2010

    Logistics market: cautious optimism, slight pick-up in demand

    The logistics market in Romania has been more dynamic compared to the same period of 2009, according to a DTZ Echinox study.

  • GDF Suez invested EUR600...
    15 Iunie 2010

    GDF Suez invested EUR600 million in Romania from 2005 to date

    The GDF Suez Energy Group that runs natural gas supply operations in Romania has invested €600 million in Romania since 2005, since the acquisition of Distrigaz Sud to date.

  • Tarom joins world's second...
    15 Iunie 2010

    Tarom joins world's second largest airline alliance

    Tarom carrier will join the SkyTeam airline alliance this month, and will adopt Flying Blue, Air France and KLM frequent flyer program.

  • Termoelectrica to lay off...
    15 Iunie 2010

    Termoelectrica to lay off another 200 in October

    State-run electricity supplier, Termoelectrica said it could lay off another 200 people, adding to the 300 the company had already let go in April.

  • XTB: Leu records second...
    15 Iunie 2010

    XTB: Leu records second biggest drop against dollar, after Hungarian forint

    The Hungarian forint recorded the biggest year-to-date drop against the greenback, outstripping the Romanian leu, according to an X-Trade Brokers Romania analysis.

  • Berceanu: Romania doesn't...
    15 Iunie 2010

    Berceanu: Romania doesn't need a new agreement with IMF

    The Minister of Transportation, Radu Berceanu said that as far as he was concerned, Romania didn’t need a new agreement with the International Monetary Fund, but to focus on the...

  • Midday Forex: Leu slightly...
    15 Iunie 2010

    Midday Forex: Leu slightly lower against euro

    The National Bank of Romania set a reference rate of 4.2234 lei/euro, up 0.17% from Friday, after poor morning trade in the inter-bank market.

  • JTI Romania axes 128 jobs
    15 Iunie 2010

    JTI Romania axes 128 jobs

    JTI Romania, one of the largest cigarette manufacturing companies, said it would axe 169 jobs in JT International (Romania) SRL, a measure that will affect around 128 employees, the remaining 41...

  • SIFs gain 3.5%, close above...
    15 Iunie 2010

    SIFs gain 3.5%, close above 20,000-point key level

    Stocks at the Bucharest Stock Exchange posted moderate gains today, while the financial investment companies’ growth averaged 3.5%, and crossed the 20,000-point mark.

  • Interview with John Prestbo,...
    16 Iunie 2010

    Interview with John Prestbo, Dow Jones Indexes: We will look for...

    Romania is an interesting market for investors, as Bucharest is a solid financial and industrial hub, and Sibiu has one of the major futures markets in the region, said John Prestbo, chief...

  • Fitch: Romanian economy to...
    16 Iunie 2010

    Fitch: Romanian economy to contract 1% this year

    After having suffered a 7% economic contraction last year, Romania’s GDP growth is expected to remain in the negative territory this year and drop 1%, according to Fitch Ratings estimates.

  • Boc's administration faces...
    16 Iunie 2010

    Boc's administration faces fourth confidence vote

    Prime Minister Emil Boc will face another no-confidence vote in the Parliament, the fourth since he is leading the Government, half-year since it was toppled in October 2008, after another no...

  • Head of Unicredit's CEE...
    16 Iunie 2010

    Head of Unicredit's CEE Banking Operations: I call Rasvan Radu to start...

    The head of Unicredit’s CEE Banking Operations, Federico Ghizzoni (photo) said he is urging the directors of the bank’s subsidiaries in other CEE countries, including Romania to start...

  • Romanian car industry dropped...
    16 Iunie 2010

    Romanian car industry dropped 49% in Jan-May

    New-car registrations in Romania dropped 49% in the five-month period into May, while the European market decreased 2% from the same period of 2009, data from the European Automobile...

  • Transelectrica tightens purse...
    16 Iunie 2010

    Transelectrica tightens purse strings

    National electricity supplier Transelectrica said it would cut back on spending by 10% this year, reduce acquisitions and maintenance costs as well as investments.

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