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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 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...
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.
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.
The President of the European Parliament, Jerzy Buzek will be in Bucharest this week “with a strong message of solidarity for Romanian citizens” to whom he will say that a tough...
Although the unemployment rate decreased in May, for the second month in a row, to 7.67% from 8.07% in April, human resources specialists say this can be attributed to the increase in seasonal job...
Richer countries do not generally outperform poorer opposition in football, according to a PricewaterhouseCoopers LLP report released today.
In Romania 11% of companies said their boards were not concerned about personal liability for companies’ actions, significantly higher than the global result of 4% and the Central Eastern...
Venture capital fund Enterprise Investors, that acquired in Romania supermarket chain Profit, said it bought 49% interest in Dino, a convenience store chain west Poland for around €50 million.
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...
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,...
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...
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...
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...
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...
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.
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...
Stocks at the Bucharest Stock Exchanged closed another winning day today, the biggest advance being recorded by the five financial investment companies.
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.
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...
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,...
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 new-car sales in Romania reached 1,361 units in the January-May period, representing a market share of 5.16%.
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...
Stocks at the Bucharest Stock Exchange capped week broadly below yesterday level while financial investment companies managed to stay in the positive territory.
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.
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...
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, 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...
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.
Many middle-income emerging economies will become a whole new motor for the global economy, according to an AT Kearney study.
The logistics market in Romania has been more dynamic compared to the same period of 2009, according to a DTZ Echinox study.
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 carrier will join the SkyTeam airline alliance this month, and will adopt Flying Blue, Air France and KLM frequent flyer program.
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.
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...
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.
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...
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...
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...
National electricity supplier Transelectrica said it would cut back on spending by 10% this year, reduce acquisitions and maintenance costs as well as investments.
