ENGLISH BRIEF

• The Bucharest Stock Exchange grows mildly at day-end, the SIF sector recovers 1.85% Sursa: money.ro

  The SIF sector recouped strongly on the Bucharest Stock Exchange (BSE) at closing bell, after hiking 1.85 percent following severe losses in the previous session, but the market failed to...

• Panic on the external capital markets pulls down the indexes on BSE by up to 4.26% at day-end Sursa: money.ro

  The Bucharest Stock Exchange (BSE) ended week with massive drops on all indexes, of up to 4.26 percent on the SIF sector, as the U.S. capital market's collapse in the...

• The BET index on BSE falls 1.68% at closing bell, in line with the external capital markets Sursa: money.ro

  The most liquid shares on the Bucharest Stock Exchange (BSE) plummeted 1.68 percent at day-end, while the SIF sector lost 1.33 percent, as the external capital markets also reported severe...

• The SIF sector on BSE ends session with a 0.74% advance, as investors cashed in profits Sursa: money.ro

  The Bucharest Stock Exchange (BSE) closed session with an average increase of 0.50 percent, while the SIF sector gained 0.74 percent despite a 3 percent hike at debut, as investors...

• SIF shares on BSE boost 4% at closing bell, on a market soaring slightly Sursa: money.ro

  The SIF sector on the Bucharest Stock Exchange (BSE) hiked 4 percent at day-end, underpinned by a high appetite for buying, as investors are pending new decisions on raising the...

• The SIF sector on BSE climbs 2.4% at closing bell, pending decision on the ownership threshold Sursa: money.ro

  Discussions in the Chamber of Deputies on the ownership threshold for the five financial companies known as SIF raised investors' appetite on the Bucharest Stock Exchange (BSE), the BET-FI index...

• Romania's main bourse ends session mixed, on a market jazzed up by state security transactions Sursa: money.ro

  Indexes on the Bucharest Stock Exchange (BSE) closed session with mild variations, both up and down, on a liquidity boosted especially by state security transactions, which amounted to 26.2 million...

• New car sales in Romania drive down 52% y/y in 2009, to 130,193 units Sursa: money.ro

  The number of new cars sold in Romania last year plunged 52 percent to 130,193 units, from 270,899 units in 2008, according to data of the Association of Car Producers...

• Romania's Finance Ministry plans to draw lei 3bn through six auctions in February Sursa: money.ro

  The Public Finance Ministry (MFP) aims to collect 3 billion lei through six state security emissions in February,48 percent less than in January, as the International Monetary Fund (IMF) will...

• Romania's investment funds SIF fall 3.6% on BSE at day-end, as investors cashed in profits Sursa: money.ro

  Shares on the Bucharest Stock Exchange (BSE) suffered massive corrections at closing bell, the most affect being the five financial companies known as SIF, which plunged 3.6 percent, as investors...

• The Bucharest Stock Exchange falls 1.06% at closing bell, on a low liquidity Sursa: money.ro

  The Bucharest Stock Exchange (BSE) reported declines of 1 percent on most indexes and the total liquidity compressed to 15.2 million lei, the transactions being dominated by SIF and banking...

• The SIF sector on BSE ups 1.92% at closing bell, on a market going down Sursa: money.ro

  The composite index on the Bucharest Stock Exchange (BSE) lowered by 0.22 percent at day-end, while the sector of the five financial companies known as SIF closed session in the...

• The central lender BNR today posted a reference level of 4.1196 lei per euro, 0.24 percent up from the previous session. Sursa: money.ro

  In the region, the Polish zloty dropped from 4.0060 to 4.0290 per euro, while the Hungarian forint dipped from 267.60 to 270 versus the euro.

• What 2009 brought for banks: NPLs, excessive caution, and lower gains Sursa: money.ro

  This year, the crisis tested the ability of banks to adjust to low demand for loans, an increase in the number of nonperforming loans (NPLs), and the drop in earnings.

• Winning shares in 2009 Sursa: money.ro

  This year’s financial market rebound brought increases of as much as 200 percent on the Bucharest Stock Exchange (BVB) in case of some shares, while, in terms of sectors, pharmaceutical...

• The private pension market took its first hits in 2009 Sursa: money.ro

  Freezing the contribution to mandatory pension funds to the 2008 level, at two percent, mergers between funds, and an increase in the number of empty accounts, due to rising unemployment,...

• Investments drove up net sales by 20% Sursa: money.ro

  Smithfield Ferme, the local subsidiary of the U.S. pork producer, posted a five-fold increase in net sales this year, due to the finalization of a new farm, in which it...

• The economy in 2010: Growth could come from the West Sursa: money.ro

  Romania will depend on the economies of Western European countries, conclude all economists, managers and analysts interviewed for Business Standard’s “The Economy in 2010” yearbook.

• What Boc isn’t saying: 10% jobless rate Sursa: money.ro

  Prime Minister Designate Emil Boc drafted a governing program around the targets agreed upon with the International Monetary Fund (IMF): a 5.9 percent budget deficit and 1.3 percent economic growth...

• A&D Pharma takes over Ozone’s subsidiaries in CEE for €23 mln Sursa: money.ro

  A&D Pharma, the largest player on the Romanian pharmaceutical distribution market, signed an agreement to acquire Ozone’s subsidiaries in Central and Eastern Europe (CEE) for €23.15 million.