Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street in luna Mai 2010.
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Vodafone, the second largest telecom operator, and Facebook are giving customers free access to the new website 0.facebook.com , that enables users to stay in touch with family and friends through...
Around 55% of human resources specialists in Romania said they hired a job candidate contacted on social media sites, while a good 84.8% interviewed job candidates found on Facebook, LinkdIn or...
Facebook has become one of the most popular phishing targets in the world, according to Kasperky Lab who compiled a report on the evolution of spam for the first quarter of 2010, highlighting the...
The National Bank of Romania set a reference rate of 4.1997 lei against euro, up 0.11% from yesterday.
OTP Bank Romania reported zero profit for the three-month period into March, versus the €2.46 million (725 million forints) loss in the same period of last year, and the €1.41 million...
Stocks at the Bucharest Stock Exchange edged down today, led by the financial investment companies that had a sharper reaction to today’s anti-government demonstrations as well as to the...
The list of ten largest pharmaceutical companies in the local market didn’t suffer major changes in the first quarter 2010 from end-2009, despite the 17.3% market growth to 2.34 billion lei,...
The government will still have to cut 100,000 public sector jobs from 1.36 million to 1.26 million in 2011, according to the letter of intent agreed with the IMF, the minister of public finance,...
Building material manufacturer Saint-Gobain Glass said it would invest around €6 million to build a laminated glass production line at its plant in Calarasi, for which the construction works...
A consulting firm based in Germany, selected after a global tender, has been commissioned to undertake traffic studies in Arad to identify solutions to minimize traffic-related restraints in the...
In 2009, total take-up in Bucharest slightly exceeded 100,000 sq m, half of the level registered in 2008. The most active players on the market were companies from the financial sector, followed by...
Romstal said it plans to open 13 new branches in Romania this year, thus increasing its network to 60 outlets.
Apart from the monthly rent, a landlord putting his commercial property up for lease, whether it’s a storefront unit in a mall, still has to cover all the maintenance costs, which include...
Decomar Logistics has taken a 1,800 sqm lease at the new industrial project developed by Australia-based investment fund Valad Property Group within A1 Business Park, which is located 13 km west of...
Carrefour, the country’s biggest retailer, said it would open tomorrow its second supermarket in Bucharest, Carrefour Market Chilia Veche, located on Drumul Taberei Boulevard, at No. 124.
A new study demonstrates how the opportunity exists to power Europe and North Africa exclusively by renewable electricity by 2050, if this is supported by a single European power market united with...
Building materials producer Baumix, with annual turnover of €8.5 million said the market fell 30% in the first quarter, compared to the same period of last year, on lack of new construction...
The international tourism receipts in Romania will rise 18% by 2014 compared to 2009, to 9.6 million visitors annually, according to the international market intelligence company, Euromonitor.
The National Bank of Romania set a reference rate of 4.1998 lei/euro, similar to yesterday’s rate, and 3.3942 lei/U.S. dollar, down 1.48% from Wednesday.
Spain-based private-equity fund GED acquired the online travel service provider Paravion.ro as part of the build-up strategy in the tourism sector that started in December 2007 by acquiring Happy...
The five financial investment companies posted sharp declines for another day, while energy stocks under BET-NG gained 0.62% in average.
Shareholders of local banks have added €500 million to their common capitals in an effort to boost their adequacy ratio.
Romania’s largest aluminum smelter said it was talking to the European Bank for Reconstruction and Development about a $180 million loan to clear most of its existent debt.
The Minister of Regional Development and Tourism, Elena Udrea said around 158 jobs in the ministry will be axed this year, as part of a broader spending cut plan that includes another 37% reduction...
Dafora said it has begun the drilling operations on the fifth well included in the exploration program of UK company Aurelian Oil & Gas.
EU Danube strategy, a model for regional development at a European level, an initiative introduced by Romania and Austria in 2008, will be completed by the end of the year, the Ministry of Regional...
The National Bank of Romania set a reference rate of 4.1838 lei against euro, down 0.27% from Friday when the central bank’s EUR/RON rate was 4.1950.
As the majority of currencies across the globe are getting crushed against the greenback, on mounting pressures from the debt crisis, there is no solid justification for fuel price increase, given...
One of the main problems in Romania's telecoms sector is the independence of the regulator, as it does not yet enjoy a stable legal base and some regulatory activities are not separated from...
The five financial investment companies (BSE:SIF) showed steep loss at closing today, of up to 14% , as the market plunged 10%.
A 1.15 EUR/USD rate is seen as a fair value at this point in the global financial crisis, according to Pasquale Diana, chief executive Morgan Stanley for CEE region.
Public sector workers will step up their protest on May 31 against the Government’s plans to cut pay, as negotiation talks between Government officials and union leaders on pay cuts austerity...
The weak demand and low consumer confidence in Romania threaten to hinder the recovery of the economy that is in recession for more than a year, said the chief executive of BCR, Dominic Bruynseels.
The 20,000 Italian entrepreneurs in Romania said they have no plans on fleeing the country, but called on lawmakers to keep income tax at current level and to speed up refund on the VAT return,...
In industry, the upturn in output volume will be less sharp and the relatively modest balance of answers hints even at a possible stagnation, while personnel redundancies in the industrial sector...
President Traian Basescu said that the corrective actions proposed by the IMF mission in Romania hadn’t included only the VAT and single tax hike, but also a reduction in public wages, and...
The National Bank of Romania set a reference rate of 4.1724 lei/euro, down 0.27% from yesterday.
With a 1.1% price drop in the last week only, Timisoara takes the top spot in the list of cheapest cities in the country by new-apartment prices, with €932/sqm, according to a study conducted...
The European Central Securities Depositories Association (ECSDA), gathered on May 21, 2010 at Athens, has elected Adriana Tanasoiu, chief executive of Central Depository, as member of ECSDA...
The five financial investment companies (BSE:SIF) jumped 8% today, while blue-chips posted a hefty 9.5% gain thus erasing much of the yesterday losses.