Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street in luna Martie 2010.
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The ten most traded stocks at the Bucharest Stock Exchange grew 2% today, led by the upsurge of Petrom shares that propped up BET-NG index up 2.40%.
He’s 51 years old, and his name is linked to the debut of one of the US largest soft-drink brands in a country that was struggling to emerge from communism. Aviad Meitar, founder of Pepsi in...
MKB Romexterra shareholders will discuss on April 13 the proposition regarding the raise of its capital by 37.2 million lei to 70 million lei, according to a notification made published in the...
British Airways offers ticket rebates for its flights from Bucharest to London, available during March 10 – March 28. Wall-Street listed the cheapest tickets per class (one-way only) of...
The Swedish clothing company H&M (Hennes&Mauritz) is in negotiations for the lease of retail spaces in Bucharest, and may be moving into the Romanian market as soon as next year or in 2012,...
The board of the Bucharest Stock Exchange passed yesterday the amendments to BSE Code to establish the necessary framework for direct carbon dioxide emissions trading, said Stere Farmache, chairman...
The restitution process continued to be very slow during the year, and the large majority of restitution cases remained unresolved, U.S Department of State said in its Human Rights report on Romania.
The national currency rose against its European counterpart in the morning buoyed by the positive assessment of the Romanian economic conditions by the European Commission and the disbursement of...
Stocks at the Bucharest Stock Exchange closed up 1% across-the-board today, in line with other markets in the region, the biggest gains being recorded by financial investment companies, with an...
Romanian professionals who choose to pursue an MBA abroad could expect to earn 70% more after graduation, said Alexandru Ghita, chairman of Educativa, the agency that organizes the Romanian...
Asesoft Net, personalized web applications provider, said its net revenues grew 50% in 2009 to €700,000 from a year earlier and is confident in achieving 15-20% revenues growth in 2010.
The international automotive supplier Lisa Draexlmaier, one of the biggest employers in Romania, has appointed the former Tiriac Holdings HR director Nicoleta Carlugea as head of human resources.
Greece’s acute fiscal crisis has already had a negative effect on the European Union members, putting the euro under heavy pressure against its peers. The leu has remained strong despite the...
Romania is not planning to sell dollar bonds in the external markets, the structure of the Treasury bond funds being stable at this point and it doesn’t need additional dollar-denominated...
Used car market has remained weak this year, with 6.4% drop in the first two months. 22,354 vehicles have been sold in 2010 compared to 23,893 in Jan-Feb 2009.
Over half (54%) of marketing agents in construction industry expect their salaries to remain at last year levels, while 16% anticipate a payroll cut in 2010, an IBS Focus survey found.
Romanian government is on a tight budget with limited possibilities, after having bled billions on uneeded projects in the past, which restricts the capacity to put earmarks in development projects.
One year on since taking up the chief executive role at the low-cost airline carrier Blue Air, Adrian Ionascu will be replaced by Egyptian-born Sherif Ussama, the former sales director of the carrier.
Erste Group has raised the target price for OMV Petrom (BSE: SNP) to 0.32lei/share, 10% above Friday’s closing quote, and reaffirms ‘Accumulation’ recommendation, the bank said in...
The National Bank of Romania set a reference rate of 4.0898 lei/euro, down 0.08% from Friday, after a strong start in the morning.
The number of persons employed in the European Union in the last quarter of 2009 fell by 0.3% (583,000) compared to the previous quarter, the jobless rate showing slight improvement, according to...
Data Plus Networks won a 2.3 million lei contract for the upgrade of the voice and data communications network of the state-run electricity supplier Electrica Distributie Transilvania Nord,...
Tg Secuiesc-based clothing company Secuiana said it would broke off manufacturing from the rest of its business and outsource it to Egypt, on the back of lower labor and utilities costs.
Second-pillar pension funds have slightly increased their exposure to stocks in February, with a 10.3% portion being funneled into stocks and 64.67% into state securities, (+1.21%), according to...
Bucharest took the 36th spot in the Cushman & Wakefield’s list of most expensive prime industrial locations in the world by rents, up ten places from last year.
The low-cost airline Blue Air said it would transfer to Sibiu its all long-haul flights it had been operating from Cluj-Napoca International Airport.
Real estate advisor Colliers International has appointed the former DTZ CEE chief John Verpeleti as managing director of investments for Central and Eastern Europe.
The National Bank of Romania set a reference rate of 4.0908 lei/euro, 0.02% up from yesterday’s rate, after leu traded in a tight range today, narrowly above 4.09 units/euro.
Investors at the Bucharest Stock Exchange continued to push stock prices higher today, especially financial investment companies (BSE:SIF) that jumped 3.32% as the market closed 0.53% up, while...
With a drastic cut in compensation packages in 2009, Romanian employees are likely to find themselves in the same boat over the next 12 months – 40% of the respondents anticipate a pay cut in...
The television ad “The Runners” (Alergatorii), produced by McCann Erickson for Dorna, takes the top spot as the best TV ad of 2009 in Romania, according to BestAds list compiled by...
Eve though the global economy is still mired in a deep recession, rating agency Standard & Poor’s is still assigning top-grade ratings to only 16 countries in the world. For most of them,...
The national Bank of Romania set a reference rate of 4.0821 lei/euro, down 0.21% after a strong rally of the national currency in the interbank market, from 4.0910 to 4.0810 units/euro.
The Bucharest stock market had its sixth straight winning day, closing up 2%, as financial investment companies caught investors’ interest once again and closed up 2.22%, in line with other...
Romania’s leading office centers have suffered an unprecedented fall in rents over the last 12 months, as big as 40% in some areas, while in Bucharest, rent discounts topped 25% in the past...
The Management and the Supervisory board of Erste Group in yesterday’s meetings have made a number of decisions regarding the group’s management structure and related personnel matters.
Kraft Foods, one of the largest confectioners in Romania, said it planned to freeze recruitment this year, according to human resources director Dorin Grigorescu, after moderate hiring in 2009...
The global mobile data traffic is likely to reach 3.6 exabytes (3.6 billion gigabyte) per month or an annual run rate of 40 exabytes by 2014, Cisco said in a report.
Alpha Bank, the third largest banking group in Greece said it didn’t plan to open new outlets in east-European markets in the next four years, including Romania, or make any major acquisition.
The insurance division off ING has leased 4,000 sqm office space in Amera Tower building in Cluj-Napoca, that will accommodate ING’s insurance back office hub in the region, the real estate...