Arhiva Wall-StreetEnglish-Version / 30 Martie 2010

Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street din 30 Martie 2010.
Vezi arhiva completa a lunii Martie 2010 →

P&G sells Romanian professional haircare business to Interbrands
Interbrands, Romania’s largest distribution company has agreed to handle the distribution operations of Salon Profesional products in Romania, held by Procter & Gamble and buy Wella...
IMF urges emerging markets to come up with new growth models
Central and Eastern European countries will need to rethink their growth models and narrow their dependence on banking, construction, and real-estate and focus on increasing their global presence...
NBR cuts key rate to a record low
The National Bank of Romania lowered its benchmark interest rate by 50 basis points in today’s rate-setting session, to 6.5%, the lowest level since the adoption of inflation targeting...
Heineken Romania posts 9% growth in revenues
Heineken Romania, the country’s second largest brewer said its revenues rose 9% in 2009 year-on-year to 896 million lei (€211 million), as the beer market decreased 13%.
ING: EUR/RON rate could drop to 4lei/euro in April
ING analysts said the leu could strengthen further against its European peer, and anticipate a 4lei/euro rate in April. However, the trend will reverse in a few months, as the economy remains weak.
Citi doesn�t see more room for rate cuts
High inflation rate and weak demand in the economy does not leave the National Bank of Romania room for a rate cut larger than 0.25 percentage point or 0.5 percentage point at the most, Citibank...
NBR: Interest rates for loans and deposits are still high
The National Bank of Romania stressed that, despite the banks’ effort to soften lending conditions, interest rates for new loans and deposits were still high compared to the monetary policy...
Midday Forex: Leu almost flat after NBR rate cut
The national currency was trading near 4.07 lei/euro at noon today, and remained relatively stable against its European counterpart, as investors didn’t respond to the NBR’s monetary...
BET index finishes 1.25% lower
Stocks at the Bucharest Stock Exchange had an uneven performance today, with the FIC sector (BSE:SIF) rising 1%, and the gauge of ten most traded stocks (BET) finishing 1.25% lower, amid growing...
Retail trade to remain subdued in 2010
The total value of the Romania’s retail trade declined by 10.4% in 2009 year on year to 195.4 billion lei (€46.2billion), and could drop further this year, by an estimated 2.3% to 2.3...