Arhiva Wall-StreetEnglish-Version / Mai 2010

Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street in luna Mai 2010.
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  • Romania's finance minister...
    3 Mai 2010

    Romania's finance minister assures the VAT will not increase

    The Finance Minister Sebastian Vladescu said after discussing with the representatives of the International Monetary Fund (IMF) mission in Romania the value added tax (VAT) will not be hiked.

  • BCR's assets slip 2.4% in Q1,...
    3 Mai 2010

    BCR's assets slip 2.4% in Q1, to LEI 62.97bn

    The total assets of Romania's largest lender by assets Banca Comerciala Romana (BCR), owned by the Austrian group Erste, lowered 2.4 percent to 62.97 billion lei at the end of March, from 64.53...

  • The national currency climbs...
    3 Mai 2010

    The national currency climbs slightly

    Romania's Central Bank (BNR) posted a reference level of 4.1276 lei per euro, 0.25 percent down from the previous session, as the other regional currencies also gained ground versus the euro.

  • 4 Mai 2010

    BRDs Q1 profit slips 5%

    BRD- Groupe Societe Generale reported a 5% fall in first-quarter net profit, to 199 million lei (€49 million), and 1.4% drop in total assets.

  • Top stock brokers at Sibex
    4 Mai 2010

    Top stock brokers at Sibex

    Stock brokerage firm WBS Romania climbed three positions in April from fourth, with the most futures contracts handled at the Sibiu Stock Exchange, namely 48,613.

  • ...
    4 Mai 2010

    GED buys Romanias largest printing company

    Spain-based private equity firm GED acquired 92% of Infopress, the largest provider of printing services in Romania, for an estimated €12 million, the legal adviser in the deal, Biris Goran...

  • CEC Bank eliminates early...
    4 Mai 2010

    CEC Bank eliminates early repayment fee

    CEC Bank announced it eliminated the early repayment fee on entire range of consumer credits, in an effort to meet the European regulations on credit agreements for consumers.

  • ...
    4 Mai 2010

    Central banks coffers swell to record high, after loan disbursement

    Romania’s currency reserves increased in April by €350 million (1.1%) month-on-month, to a record €32.386 billion, after crediting Pubic Finances' accounts, the National Bank of...

  • Citibank appoints new Country...
    4 Mai 2010

    Citibank appoints new Country Officer for Romania

    Citibank has appointed Tibor Pandi as Citi Country Officer for the bank’s business in Romania, with effect from April 6, 2010, following to be confirmed as chief executive of Citibank Europe...

  • Midday Forex: Leu grows...
    4 Mai 2010

    Midday Forex: Leu grows mildly against euro

    The National Bank of Romania set a reference rate of 4.1275 lei/euro, narrowly below Friday level, as other currencies in the region had a strong start but wiped out early gains in midday trade.

  • Dacia Black Line edition...
    4 Mai 2010

    Dacia Black Line edition launched in Romania

    Romanian car manufacturer Dacia will launch in Romania the Black Line limited edition versions of Logan, Sandero and Logan MCV after being available in France.

  • Lack of skilled labor wastes...
    4 Mai 2010

    Lack of skilled labor wastes 15% of a real estate projects costs

    Real estate developers waste 10-15% of a real estate project costs, due to lack of efforts put in the design, lack of skilled labor and leadership, according to a recent King Sturge study.

  • Ministry of Communication to...
    4 Mai 2010

    Ministry of Communication to sign Memorandum for eCall

    The Ministry of Communication will sign on May 4 at Brussels the Memorandum of Understanding for the introduction of the interoperable in-vehicle emergency call service aimed at reducing the number...

  • Adevarul Holding names Peter...
    4 Mai 2010

    Adevarul Holding names Peter Frank as marketing director

    Peter Frank, former banker and business journalist has been appointed as marketing director of Adevarul Holding, Peter Imre, chief executive of the media group told Wall-Street.

  • BSE stocks lose traction, BET...
    4 Mai 2010

    BSE stocks lose traction, BET skids 1.40%

    Stocks at the Bucharest Stock Exchange capped the first day of the week with a sharp decline across all indices, the total trade value rising four-fold from Friday, to 26.84 million lei (€6.5...

  • ...
    5 Mai 2010

    GED provides 20-25 million to expand reach into Romania

    Spain-based private equity fund GED said it would continue to invest in Romania another €20-25 million in new ventures and in the companies already in its portfolio, Anca Ionescu, deputy...

  • Midday Forex: Leu follows...
    5 Mai 2010

    Midday Forex: Leu follows peers lower against euro

    The National Bank of Romania set a reference rate of 4.1352 lei/euro, up 0.19% from yesterday, as the leu’s peers in the region also lost ground to euro.

  • BSE stocks fall sharply on...
    5 Mai 2010

    BSE stocks fall sharply on IMF review

    The most traded stocks at Bucharest Stock Exchange closed 4% lower today, while the five financial investment companies suffered a harder hit, and finished 5% down, after the International Monetary...

  • ...
    5 Mai 2010

    Wolf Theiss advised BogArt on agreement with UniCredit Tiriac Bank

    Wolf Theiss’ Bucharest office, through a team of lawyers led by Ciprian Goldeanu has advised the construction company Bog’Art in a rental agreement with UniCredit Tiriac Bank on the...

  • Dust off the legendary...
    5 Mai 2010

    Dust off the legendary tobacco brand, Carpati

    For most of us, Carpati brand makes us remember vividly of the first cigarette we smoked, a brand that dominated the tobacco market long before the invasion of global giants. Now, Carpati, Snagov...

  • 5 Mai 2010

    Top 10 best performing stocks at BSE in April

    Stocks at Bucharest Stock Exchange came under extreme pressure in April, as a raft of economic news pushed the market’s most traded stocks sharply lower. However, there have been companies...

  • ...
    5 Mai 2010

    Fitch revises Oradeas outlook to stable

    Fitch Ratings has revised Oradea’s outlook to stable from negative and affirmed its long-term foreign and local currency ratings at ‘BB+’ and ‘BBB-‘ respectively, the...

  • NBR cuts key interest rate to...
    5 Mai 2010

    NBR cuts key interest rate to record low

    The National Bank of Romania lowered its benchmark interest rate to 6.25%, the lowest level since the introduction of the current monetary policy.

  • Romania suspends flights to...
    6 Mai 2010

    Romania suspends flights to Thessaloniki

    The Ministry of Foreign Affairs said all international flights into and out of Thessaloniki airports (Greece) have been canceled on Wednesday, May 5, 2010, while rail and ferry operations have been...

  • Dacia announces pricing for...
    6 Mai 2010

    Dacia announces pricing for Black Line limited edition

    Dacia unveiled today in Bucharest the Black Line limited edition versions of Logan, Sandero and Logan MCV with five and seven seats.

  • ...
    6 Mai 2010

    IMF: Romanias fiscal crisis will get worse

    The International Monetary Fund said it was considering four budget revenue growth options, but warned that the country’s fiscal situation will get worse in 2010, said the IMF mission chief,...

  • ...
    6 Mai 2010

    CMEs first-quarter revenues up 5%

    Central European Media Enterprises (CME) said its first-quarter net revenues rose 5% year-on-year, to $143.6 million. However, EBITDA slumped 97%top $800,000.

  • Things you should know before...
    6 Mai 2010

    Things you should know before buying an apartment

    Buying an apartment in a new homebuilding is not an easy task, as more and more home buyers are having unpleasant surprises after the transaction is made. Home inspection can keep you out of the...

  • Midday Forex: Leu drops 0.34%...
    6 Mai 2010

    Midday Forex: Leu drops 0.34% against euro

    The National Bank of Romania set a reference rate of 4.1492 lei against euro, up 0.34% from yesterday, in line with its peers in the region.

  • First Microsoft-Nokia...
    6 Mai 2010

    First Microsoft-Nokia application available for Nokia E72 and E52

    Microsoft and Nokia today launched today the first application from their alliance around mobile productivity, Microsoft Communicator Mobile for Nokia devices.

  • EC opens infringement...
    6 Mai 2010

    EC opens infringement procedures against Romania

    European Commission opened infringement procedures against Romania for the development of tourism facilities in Sulina.

  • Fairwind Securities launches...
    6 Mai 2010

    Fairwind Securities launches margin lending product

    Financial investment company Fairwind Securities, held by businessman Dinu Patriciu, has launched a new margin lending product that enables customers to borrow up to 50% of the value of the...

  • Erste Bank: SIFs are unlikely...
    6 Mai 2010

    Erste Bank: SIFs are unlikely to distribute dividends for 2010

    Erste Bank said that SIF’s profitability in 2010, and future cash positions in particular, would not allow financial investment companies to distribute dividends for fiscal year 2010.

  • BSE stocks close sharply lower
    6 Mai 2010

    BSE stocks close sharply lower

    Stocks at the Bucharest Stock Exchange traded sharply lower for another day, gripped by European debt fears that sparked a broad sell-off.

  • Top 10 most expensive...
    7 Mai 2010

    Top 10 most expensive penthouse apartments

    Penthouse apartments are usually the last flats put up for sale in a development. Wall-Street lists the ten most expensive penthouse apartments in Bucharest that range from €300,000 to €3...

  • EC sees Romania 2010 budget...
    7 Mai 2010

    EC sees Romania 2010 budget gap at 8%

    European Commission warned in its Spring Forecast that without further deficit correction measures, the 2010 budget gap could reach 8% of GDP in Romania.

  • Baumit opens dry mortar factory
    7 Mai 2010

    Baumit opens dry mortar factory

    Building materials manufacturer Baumit Romania, subsidiary of Austria-based Schmid Industrie Holding, has opened today the third largest dry-mortar factory in Romania, in Bolintin Deal, Giurgiu...

  • IMF staff prolongs visit to...
    7 Mai 2010

    IMF staff prolongs visit to Romania

    The International Monetary Fund staff mission to Romania will be prolonged until May 9, the institution said.

  • P&G Romania posts drop in...
    7 Mai 2010

    P&G Romania posts drop in 2009 profit

    Romanian operations of the U.S-based consumer products giant Procter&Gamble recorded revenues of €596.5 million, up 10.9% from 4.1% decline in 2008 turnover.

  • Midday Forex: Leu plummets to...
    7 Mai 2010

    Midday Forex: Leu plummets to four-month low

    The National Bank of Romania set Thursday a reference rate of 4.1833lei/euro, up 0.82% from yesterday, the highest in four months, as other currencies in the region remained mostly weak against...

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