Manuela Panescu

Bucharest Ranks Penultimate In The World On Office Space Utilization Per Workstation – DTZ

Romanian capital city Bucharest ranks penultimate on total space utilization standard per workstation, with an average of 7.8 square meters, in a world classification of DTZ real estate advisor.

Romania’s SSIF Broker May Cut Shr Cap By RON72.2M, To Cover ’08 Loss

Romania’s brokerage company SSIF Broker (BRK.RO) management proposed a reduction of the company’s share capital by 72.2 million lei (EUR1= RON4.2348), at RON72.5 million, to cover the loss registered in 2008.

Romania’s SSIF Broker May Cut Shr Cap By RON72.2M, To Cover ’08 Loss

Romania’s brokerage company SSIF Broker (BRK.RO) management proposed a reduction of the company’s share capital by 72.2 million lei (EUR1= RON4.2348), at RON72.5 million, to cover the loss registered in 2008.

Germany’s real,- Invests EUR21.5M In Hypermarket SE Romania

Hypermarket operator real,-, member of Germany's retail giant Metro Group, will open Thursday its second unit in the southeastern town of Constanta and its 21st on the local market, after a EUR21.5 million investment, the company said Wednesday.

Danish Vestas Gets 228 MW Wind Turbine Order In Romania

Denmark's wind turbine producer Vestas Wind Systems received from Portuguese EDP Renovaveis an order for 76 units with a total capacity of 228 MW for two energy projects in Romania.

Romanian Leu Opens Slightly Up Vs Euro, Against Regional Trend

The Romanian leu opened slightly igher against the euro Wednesday, against the trend of regional markets, and neared 4.24 units against the euro.

Romanian Shrs Open Up, Lender On Top Spot

Romanian shares opened higher Wednesday, amid lower traded values, 56% supported by trades with shares of lender BRD.

Barack Obama debutează pe scena internaţională prin întâlniri cu liderii rus şi chinez

Preşedintele american, Barack Obama, îşi va face miercuri, la Londra, marele debut pe scena internaţională, în special prin două întâlniri cu omologii săi rus şi chinez, înaintea summitului G20, relatează AFP.

INS: Producţia agricolă vegetală a înregistrat creşteri la majoritatea culturilor, anul trecut

Producţia agricolă vegetală a înregistrat în 2008 creşteri la majoritatea culturilor şi scăderi doar la soia şi cartofi, evoluţia fiind determinată de condiţiile climatice favorabile, a anunţat, miercuri, Institutul Naţional de Statistică (INS).

Romanian Govt, Ruling Coalition OK IMF Agreement –Premier

All the member of the Romanian Government and of the ruling coalition accepted the agreement concluded with International Monetary Fund IMF, without anybody opposing it, Premier Emil Boc said Tuesday in a TV show.

EC Aims Romania To File Multi-Annual Financing Plan For Transport Projs

The European Commission aims Romania to submit a multi-annual financing plan for co-financing projects in the transports field, the country's Ministry for Transports and Infrastructure MTI said in a statement Tuesday.

Romania BT Securities Ranks 1st In Mar Among Stock Exch Brokers

Romanian brokerage company BT Securities, a unit of blue-chip issuer Banca Transilvania (TLV.RO), ranked first in March in the brokers' classification on the Bucharest Stock Exchange, or BVB, with 103.4 million lei (EUR1=RON4.2348) worth of transactions, and a 13.13% market share.

FOCUS: Romanian Shares Gain 24.6% In Mar, Best Performance In 50 Mos

The composite index of the Bucharest Stock Exchange gained 24.6% in March, the best performance in the last four years and two months, following the growth trend of the largest foreign markets.

Cos Should Cut Staff Only Based On Clear Strategy – Consultants

The companies should not cut the training budgets or lay off employees during a crisis period without a clear strategy, and the objectives should be adjusted to the employees’ ones for a higher staff motivation, according to consultants.

Romanian Distrigaz Sud, E.ON Gaz 1Q Loss Total RON180M, On Keeping Gas Price Unchanged

Romanian gas providers Distrigaz Sud and E.ON Gaz Romania stated Tuesday they registered total losses of 180 million lei (EUR1=RON4.2348) in the first quarter, on the country’s Energy Watchdog ANRE postponing the decision to enforce new gas prices as of January 1.

E.ON Gaz Romania Posts RON38M Loss In 1Q, On Energy Watchdog Price Hike Deferring

Gas provider E.ON Gaz Romania, the local unit of Germany's E.ON AG (EON), registered losses worth of 38 million lei (EUR1=RON4.2348) in the first quarter, on the country’s Energy Watchdog ANRE postponing the decision to enforce the new gas prices as of January 1, the company said Tuesday.

Romanian ArcelorMittal Galati Extends Voluntary Layoffs Deadline By 1-Mo

The management of Romanian largest steel maker ArcelorMittal Galati will extend by one month the deadline to file voluntary layoffs requests, which was initially set for March 31.

Bk Lending May Revive In 3 To 9-Mos – CFA Romania

The lending activity in the Romanian banking system may revive in a three- to nine-month period, but the local companies will not register similar growth rates as prior to the crisis, CFA Romania president Dragos Cabat said Tuesday.

Austrian Erste Recommends „Accumulate” To Romanian Petrom Shrs

The analysts for the oil and gas segment with Austrian Erste group recommend "accumulate" to Romanian oil company Petrom, with a target price of 0.17 lei (EUR1=RON4.2348) per share on a 12-month period, on the backdrop of expected rise in the crude oil price.