Arhiva Wall-StreetEnglish-Version / Martie 2010 / pagina 5 din 6

Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street in luna Martie 2010.
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  • Carpatair boosts flight...
    25 Martie 2010

    Carpatair boosts flight frequency on Timisoara-Bucharest route

    Carpatair, the airline company with the hub in Timisoara, said it would increase the frequency of short-haul flights to Bucharest, by introducing new morning flights to the country’s capital...

  • Flamingo subleases office...
    25 Martie 2010

    Flamingo subleases office space in Floreasca

    Flamingo International, one of the largest electronics retailers in Romania, moved its head office in IPA office building, where it leased 500sqm office space.

  • The second nuclear power...
    25 Martie 2010

    The second nuclear power plant in Romania gets overseas backing

    USA, France, Korea and Canada have expressed their interest in providing the necessary technology for the second nuclear power plant in Romania, for which it hasn’t been chosen a site yet,...

  • Romania must specify the...
    25 Martie 2010

    Romania must specify the fiscal consolidation measures for 2011 and 2012

    Romania’s convergence program does not sufficiently specify the consolidation measures to be taken in 2011 and 2012, said the European Commission in its assessment of the stability and...

  • BET index slumps 1.7%
    25 Martie 2010

    BET index slumps 1.7%

    Indices at the Bucharest Stock Exchange fell sharply today, weighed down by companies that make up the BET index with an average decline of 1.67% while financial investment companies shed 1.22%.

  • Midday Forex: Leu rallies to...
    25 Martie 2010

    Midday Forex: Leu rallies to 14-month high

    The reference rate set by the National Bank of Romania dropped 0.05% to 4.0716 lei/euro, the lowest level since January 6, 2009, after hovering near 4.07 lei/euro level in the interbank market.

  • Midday Forex: Leu stays firm...
    26 Martie 2010

    Midday Forex: Leu stays firm vs euro, touches new 14-week high

    The reference rate set by the National Bank of Romania dropped 0.15% to 4.0653 lei/euro, the lowest level since January 6, after increasing from 4.0580 to 4.0680 lei/euro in the interbank market in...

  • German investors describe...
    26 Martie 2010

    German investors describe Romanias fiscal system as flawed

    A survey of carried out by the tax audit advisory company Leitner Leitner found that more than two thirds of executives of German, Austrian or Swiss companies running operations in Romania rate the...

  • ...
    26 Martie 2010

    Omniasigs 2009 profit slumps 69%

    General insurance company Omniasig, held by Vienna Insurance Group, said its 2009 revenues dropped 5.68% year-on-year to 1.114 billion lei (€263 million), while profit slumped 68.7% from 2008...

  • Rompetrol Petrochemicals...
    26 Martie 2010

    Rompetrol Petrochemicals invests $18mn in installation upgrade

    Rompetrol Petrochemicals, the petrochemical division of the Rompetrol Group, will increase the capacity of the high density polyethylene installation (HDPE) by more than 70% by March 2011, the...

  • BSE stocks finish up 2%
    26 Martie 2010

    BSE stocks finish up 2%

    BET index at the Bucharest Stock Exchange posted a hefty 1.69% gain at closing, propped up by Banca Transilvania shares after bank officials unveiled plans to go public on Vienna Stock Exchange and...

  • Mark Mobius, on the listing...
    26 Martie 2010

    Mark Mobius, on the listing of Fondul Proprietatea

    Mark Mobius (photo), the chief executive of Franklin Templeton Investment Management, the investment manager of Fondul Proprietatea equity assets, said Fondul Proprietatea would go public this...

  • KBC securities upgrades...
    26 Martie 2010

    KBC securities upgrades uTrade platform, cuts overseas trading fees

    As of today, uTrade stock trading platform will have a new improved interface, while fees for trading foreign-listed stocks have been cut, the broker said.

  • From mIRC to Twitter: what is...
    29 Martie 2010

    From mIRC to Twitter: what is the lifespan of an online communication tool?

    22 years ago, real-time communication was going down to IRC (Internet Relay Chat). But soon after, as internet users were beginning to feel the taste of online real-time communication, new...

  • Head of Cushman & Wakefield:...
    29 Martie 2010

    Head of Cushman & Wakefield: 2010 will be a year of preparatory work

    Romania lost its seventh spot and fell to tenth this year in the country ranking of shopping center pipeline space, and 2010 is expected to be a year of preparatory work rather than of shopping...

  • Condmag replaces Rompetrol in...
    29 Martie 2010

    Condmag replaces Rompetrol in BET

    Indices committee of the Bucharest Stock Exchange decided to remove Rompetrol (BSE:RRC) from the BET index and to replace it with Condmag (BET:COMI), after the public takeover offering for RRC hurt...

  • Daniela Knecht leaves Scala
    29 Martie 2010

    Daniela Knecht leaves Scala

    Daniela Knecht, managing director of ad agency Scala JWT, stepped down from his post after two years at the helm of the company. She will be succeeded by the founder of Scala in Romania, Petra Hoyos.

  • Rompetrol Well Services...
    29 Martie 2010

    Rompetrol Well Services proposes a dividend of 0.015 lei/share

    The board of Rompetrol Well Services (BSE:PTR) proposed paying a gross dividend of 0.015 lei/share from last year’s profit, 37% below year-ago level.

  • Volksbank hikes capital,...
    29 Martie 2010

    Volksbank hikes capital, names new chairman

    The board of Volksbank International agreed to raise the capital of its Romanian subsidiary, Volksbank Romania by €200 million and replace Gerald Schreiner and Herwig Burgstaller from the...

  • Benchmark T-bonds begin...
    29 Martie 2010

    Benchmark T-bonds begin trading on BSE

    The 369mn lei-benchmark bonds (€90 million) sold by the Ministry of Public Finances on March will start trading on Monday on Bucharest Stock Exchange under the ticker symbol B1504A.

  • JP Morgan tops DealWatch...
    29 Martie 2010

    JP Morgan tops DealWatch league table

    US-based investment bank JP Morgan was the largest M&A financial adviser in Romania, with deals worth $2.56 billion last year, according to DealWatch M&A league table.

  • Fitch sees a rebalancing of...
    29 Martie 2010

    Fitch sees a rebalancing of sovereign rating actions in 2010

    Fitch's current assessment is that 2010 will be characterized by a gradual rebalancing between positive and negative rating actions, after a sovereign downgrade to upgrade ratio of 7 to 1 in 2009.

  • ...
    29 Martie 2010

    Praktikers 2009 revenues slump 15%

    Home-improvement retailer Praktiker Romania said its revenues fell 15.7% in 2009 to €257.6 million from €305.6 million a year earlier.

  • Midday Forex: Leu recedes...
    29 Martie 2010

    Midday Forex: Leu recedes slightly

    The reference exchange rate set by the National Bank of Romania increased by 0.07% on Friday, to 4.0682 lei/euro, as leu eased against its European counterpart in the morning trade from 4.0620 to...

  • ...
    29 Martie 2010

    Microsofts marketing director steps down

    After 12 years at Microsoft, Dan Bulucea, the incumbent marketing and business director of the computer-maker’s office in Romania, decided to step down.

  • FIC sector ends week flat
    29 Martie 2010

    FIC sector ends week flat

    Stocks at the Bucharest Stock Exchange moved mostly higher today in choppy trade today, with the composite index finishing up 0.8% , while FIC (BSE:SIF) sector ended flat.

  • P&G sells Romanian...
    30 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...
    30 Martie 2010

    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...
    30 Martie 2010

    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%...
    30 Martie 2010

    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...
    30 Martie 2010

    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.

  • ...
    30 Martie 2010

    Citi doesnt 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...
    30 Martie 2010

    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...
    30 Martie 2010

    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
    30 Martie 2010

    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...
    30 Martie 2010

    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...

  • 31 Martie 2010

    Top 10 most expensive motorcycles

    Last year, around 80,000 motorcycles, mopeds, were in circulation in Romania, 11% more than in 2008. Romanian bikers have 30 new models rolled out in 2010 to choose from, on mobile.ro website, with...

  • ...
    31 Martie 2010

    IMFs managing director: More Romanians will lose their jobs

    Dominique Strauss-Khan, managing director of the International Monetary Fund, arrived today in Bucharest, after visiting Poland. He is accompanied by the European department director Marek Belka...

  • ING promotes Emilia Bunea to...
    31 Martie 2010

    ING promotes Emilia Bunea to regional role

    ING Group, with banking and insurance operations in Romania, said it named Emilia Bunea, incumbent chief executive of ING Fond de Pensii, to regional role with effect from April 1. She will be...

  • Roland Berger: 2010, the year...
    31 Martie 2010

    Roland Berger: 2010, the year of great hopes for wind energy

    In Romania, 2010 could be the year of large wind project completion, according to a Roland Berger Strategy Consultants research.

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