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Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street in luna Martie 2010.
Vezi arhiva completa a lunii Martie 2010 →
Holcim Romania, the wholly-owned subsidiary of Switzerland-based cement giant, Holcim said its operating profit for 2009 stood at €54 million, as revenues dropped 33% to €250 million.
Two years ago, the debt-laden Alitalia, that had been a state-run company for more than 60 years, was bleeding up to 3 million of euro a day on rapid rise in fuel costs. In a struggle to avoid...
Three months after the launch in Romania at eMag, the largest online electronics store in the country, iRiver Story are now available in the 250-store Germanos network.
BCR BpL recorded a 7.2 million lei loss in 2009, down 40% from 11.6 million lei a year earlier. The saving and mortgage lending institution said it expects the company to start producing profit as...
The national currency strengthened today the most since January 7, 2009 against euro, to a reference rate of 4.0801 units/euro, down 0.05% from yesterday, after a rallying in the morning to below...
The European Commission has sent Romania a final warning about a breach of EU laws regarding environmental impact assessments, after the country allowed the construction of a large plant, before...
Enterprise Venture Fund I, the venture capital fund under Enterprise Investment management, has made its first investment in Romania today.
Services provider IIRUC Services will provide data security services and solutions to companies through a deal with the global antivirus software company G Data Software.
Bucharest Stock Exchange (BSE) finished up today, with BET index posting 0.73% gain at closing, while the FIC sector (BSE:SIF) fell modestly by 0.03%, as capital markets in the region ended mixed.
National Bank of Greece said its profit for its operations in Romania fell 38% in 2009 from a year earlier, to €20 million, but earnings before impairment charges climbed 4% to €63 million.
Romania’s public debt narrowed 2.8% in January this year from a month earlier, to 143.952 billion lei (€34.9 billion), the equivalent of a debt-to-GDP ratio of 26.71%, said the Ministry...
The Dutch-registered drug retail company, A&D Pharma said its 2009 sales increased 18% year-on-year, to 2.17 billion lei (€515 billion).
General insurance company, Uniqa posted a 4% decline in gross premiums written to 486.64 million lei (€115 million), versus 507 million lei a year earlier, according to the preliminary...
The UK-based movie theater chain, The Light Cinema, leased 2,000 sqm space in Shopping City center where it will open a six-screen theater in spring next year, DTZ Echinox the property manager said.
Michael Lloyd, the person in charge of Baneasa project in north Bucharest for eight years, signed off as non-executive director of the German investment fund Rutley European Property Limited, held...
Roman Foeckl is the chief executive and founder of the Cluj-based flash drive and MP3 player software maker, with revenues of €0.54 million in 2009. The manager says he would fill his house...
The reference rate set by the National Bank of Romania increased by 0.06% to 4.0824 lei/euro, after touching 14-month low yesterday, as market quotes stabilized narrowly above 4.08 lei/euro threshold.
Stocks at the Bucharest Stock Exchange fell 1% today after seven straight winning days, led by financial investment companies that closed almost 2% down, in line with European stock markets.
East European Media will be the global media company that will pool all Dinu Patricu’s media businesses, including Adevarul Holding. Peter Imre, former corporate affairs of Philip Morris,...
Carpatcement, the Romanian subsidiary of the German-based HeidelbergCement, received non-returnable grants of 6.3 million lei (€1.5 million) to boost cement production capacity at its...
After working for top companies (Connex, Metro, A&D Pharma), she got off the ground her own advisory business. Andreea Ionescu, marketing specialist, provides insights into how to keep a brand...
The National Bank of Romania set a reference rate of 4.0888 lei/euro, up 0.16% from Friday, after the national currency fell steadily in the interbank market from 4.08 to 4.0920 lei/euro.
Bosch, world’s largest supplier of automobile components, said it expects that in 2020, of 100 million newly manufactured cars, 6 million (6%) will by then be hybrid vehicles and 3 million...
Stocks at the Bucharest Stock Exchange fell slightly today, with the ROTX index closing down 1%, while financial investment companies picked up traction in late trading, and posted 0.21% gain.
Porsche’s sales this year are expected to get a lift this year, from 71 cars sold in 2009 to 85 this year, when the car maker introduces its hybrid-electric Cayenne in Romania, said the...
The construction works for the new ArcelorMittal steel mill in Hunedoara will start in April this year and end before the end of next year, said the chief executive of ArceorMittal Hunedoara, Remus...
Zitec, one of the largest local software providers, said it had introduced a new Facebook application for sharing information between friends and easy booking.
One in four European employees (26%) is active members participating in a defined contribution plan, but the main drawback of this retirement provision scheme is the low level of contributions, DC...
Raiffeisen Bank reported 55% slump in 2009 net profit to €74 million from a hefty €165 million a year earlier. However, the bank’s total assets increased in the trailing year to...
Card transactions in online stores totaled €96 million in 2009, or 3% of total card payments of €3.2 billion, according to Netopia System, one of the largest micropayments companies in...
UK-based fund property investor Carpathian has agreed to dispose of some of its units under Atrium Center umbrella in Arad and Cluj-Napoca, in an effort to meet its mounting debt obligations.
About half of Romanians (46%) get headaches, migraines or cephalalgia at least once a month. More than half of them get migraine attacks every week, and 4 of 10 Romanians said they had never...
Total assigned receivables to factoring companies could increase by 10-15% from 2009, when the market suffered a 27.8% slump to €1.3 billion, on significant drop in the number of debtors...
France-based Bongrain, one of the biggest players in international cheese market will become one of Delaco shareholders, Romanian company established in 1996 by Tudor Comaniciu.
The national currency strengthened against its European counterpart in early trade, to an inter-bank high of 4.0635 units/euro, in line with other currencies in the region.
Stocks at the BSE closed Tuesday session with large surge, with the BET index racing 2% higher while the financial investment companies sector made the biggest gain of almost 2.4%, in line with...
Despite the severe recession the country suffered, Romania’s largest banks continued to make hefty profits in 2009, but significantly lower than 2008. The country’s four largest banks...
Ringier and Axel Springer will combine their operations in five Eastern European countries in a new company that will be headquartered in Zurich. Each partner will hold 50 percent of the new...
Liberty Global, the parent company of UPC Romania, said the 2009 revenues of its local cable television provider, dropped to €123.4 million from €144.8 million at the end of 2008.
UniCredit Tiriac Bank, the sixth largest bank by assets, plans to break ground on a new office building that will host the bank’s back-office operations once construction works completed.
