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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  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...

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  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.

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  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,...

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  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...

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  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%.

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  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.

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  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...

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  26 Martie 2010

  German investors describe Romania�s 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...

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  26 Martie 2010

  Omniasig�s 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...

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  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...

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  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...

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  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...

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  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.

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  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...

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  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...

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  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...

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  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.

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  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.

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  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...

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  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.

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  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.

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  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.

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  29 Martie 2010

  Praktiker�s 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.

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  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...

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  29 Martie 2010

  Microsoft�s 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.

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  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.

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  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...

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  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...

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  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...

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  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%.

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  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.

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  30 Martie 2010

  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...

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  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...

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  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...

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  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...

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  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...

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  31 Martie 2010

  IMF�s 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...

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  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...

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  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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