Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street in luna Mai 2010.
Vezi arhiva completa a lunii Mai 2010 →
Authorities’ decision not to increase the fiscal burden for businesses offers the private sector the time and space to recover from a difficult economic cycle , according to the American...
Italy-based Generali said its first-quarter profit rose five-fold year-on-year to €527 million, driven by 16.2% growth in gross premium written.
SUVs are the third most popular cars in Romania, with 1,183 units sold in the first quarter (-50%) outranked only by compact cars with 4,380 units (-52%) and the City and Supermini cars with 3,593...
Even if the average occupancy rates rose modestly in the first three-four months this year, the revenue per available room remained weak throughout the Jan-Mar period.
Rompetrol Rafinare (ticker: RRC) narrowed its Q109 loss of 291 million lei to 224 million lei (€54.4 million), according to a filing to Bucharest Stock Exchange.
The Canada-based manufacturer of aerospace and rail transportation solutions, Bombardier, has expressed its interest in Romanian tram market, which is currently evaluated at 150-200 units, the...
E.ON Romania said it would cut back on investment spending this year depending on the decisions made by the market regulator, and the volume of stored natural gas in Romania will be reduced by 60%.
The National Bank of Romania set Thursday a reference rate of 4.10785 lei/euro, up 0.08% from yesterday, as all currencies in the region lost ground against their European counterpart in the early...
Stocks at the Bucharest Stock Exchange posted strong gains at closing today, while the five financial investment companies closed down 1.5%.
Economists have recently questioned Romania’s chances to meet the 2015 euro entry goal, as the country is moving deeper into an economic crisis, with a widening budget deficit and swelling...
As construction costs become lower, newly launched residential units may offer discounted prices, while the lack of sales may force some developers to further decrease their asking prices, the...
Transgaz Medias (ticker: TGN) said its net profit rose 30% in the first quarter, to 189,213 million lei, and total revenues grew 12.1% year-on-year to 456.353 million lei.
Romanian drug manufacturer Antibiotice Iasi (BSE:ATB) said its net profit rose 2.5% in the first quarter this year to 10.83 million lei, while revenues stood 3.3% above year-ago level to 59.56...
The National Bank of Romania set a EUR/RON reference rate of 4.1814 lei/euro, up slightly from yesterday (0.07%) from yesterday, as all currencies in the region followed a steeper downtrend against...
The natural gas supplier Romgaz said its revenues for the first quarter 2010 rose 22% year-on-year to 1.162 billion lei, while net profit dropped 2.3% to 203 million lei.
Stocks at the Bucharest Stock Exchange retreated today, led by financial investment companies that posted up to 4.80% loss.
Coca-Cola grabbed the top spot in this year’s list of most powerful brands in Romania, Brand Community Power Model, compiled by B&P Brandivia and GfK Romania. The second on the list is...
Romania’s balance-of-payments current account posted a deficit of €1.506 billion in the three-month period ending March 31, on sharp decline in year-on-year current transfer surplus.
Foreign direct investments in the three-month period ending March 31 totaled €754 million, down by nearly 50% from €1.47 billion in the same period of last year, according to data from...
X-Trade Brokers Romania said the public sector wage cuts and retirement benefits cut would lower consumption by more than expected, on induced psychological effects.
Croatia, followed by Bulgaria are the SEE economies where the availability of financial instruments is greatest and where the regulatory framework for their development is most conducive, according...
The National Bank of Romania set a reference rate of 4.1878 lei/euro today, up slightly from Friday (0.15%) in line with the regional trend.
The European car market reached 4.8 million units year-to-date, recording a mere 5% growth from year-ago period. Only nine countries reported declines in Jan-Apr, Romania suffering the sharpest...
The leader of Cartel Alfa, Bogdan Hossu, said today that trade unions would start a war of attrition against the Government, which would involve strikes and protests, if the Government sent the...
The global cosmetics company Avon has taken a lease of 1,200sqm office space at Euro Tower office building developed by Cascade Group at the junction between boulevards Barbu Vacaresacu and Lacul...
Stocks at the Bucharest Stock Exchange have made a steep drop today across the board, with the SIF benchmark suffering the biggest slump of nearly 8%.
Although in 2009, the Romanian economy tumbled into recession, and the private sector was suffering severe job cuts or layoffs, public employee compensation remained chiefly fat. The Government...
Vodafone Romania said its revenues for the fiscal year 2009-2010 fell 20% to €921.5 million from €1.166 billion a year earlier.
The Romanian interbank market is still far from being efficient and modern, said the vice governor of the National Bank of Romania, Cristian Popa (photo).
RWE Power Romania S.A subsidiary of Germany’s energy giant RWE said it raised its capital by €4 million (the equivalent of 16.5 million lei) to 22.38 million lei by launching a cash call...
The local office of CMS Cameron McKenna has appointed Gabriel Sidere as managing partner, with effect from May 1.
14 banks in the local banking system faced a liquidity deficit in January-April period of 2010, while 26 banks were running a liquidity surplus.
Many of the developers that announced shopping centers have started redesigning their shopping center schemes into retail parks or building a hypermarket with a DIY box and/or a smaller shopping...
The National Bank of Romania set a reference rate of 4.1949 lei against euro, up 0.17% from yesterday, the highest in four months and a half.
The Romanian National Securities Commission approved today the prospectus for listing of the shares of S.C. Bursa de Valori Bucuresti S.A (BVB) on the regulated market under its management.
The most traded stocks at the Bucharest Stock Exchange posted hefty gains at closing today, while the five financial investment companies managed to shake off early blues and moved 3.72% higher.
Country of origin labels should become compulsory for clothes sold in Europe said the European Parliament on Tuesday when it approved an update of the EU clothes labeling scheme, stressing the need...
After four years of leading Lafarge Romania financial operations as CFO, Philippe Platon, will leave his post in the local subsidiary of the global cement manufacturer to take up the role of VP...
The Ministry of Labor, Mihai Seitan, said after the meeting with Government officials and trade unions, that the 25% wage cut measure will affect all public sector workers equally, and ruled out...
Neogen, the company that holds BestJobs.ro recruitment website, said it acquired the simplified online CV builder CeeVee from technology software provider Lateral.