business review 16 march
DESCRIPTION
Business ReviewTRANSCRIPT
FEATUREBye to bling? The local luxury market, evaluatedat EUR 190 million last year, is looking at a dropin value of 20 percent
See page 20
BUSINESS REVIEWROMANIA’S PREMIERE BUSINESS WEEKLY MARCH 16 - 22, 2009 / VOLUME 14, NUMBER 9
www.business-review.ro
REAL ESTATEAndrei Panculescu has left the helm of Westhill Ro-mania after the firm delayed its local projects, andmoved on to consultancy
See page 15
LAU
RENTIU
OBA
E
Eastern European countries have reacted similarly to the crisis,raising fears of sovereign defaults in the region, but thestructure of economies and local market strengths differ
See pages 12-13
Eastern European countries have reacted similarly to the crisis,raising fears of sovereign defaults in the region, but thestructure of economies and local market strengths differ
See pages 12-13
ANALYSISLast year brought record profits for banks activelocally, with Romania top of the list of their sub-sidiaries, but 2009 looks bleaker
See page 14
EAST SIDE STORYEAST SIDE STORY
EBRD PRES IDENT THOMAS MIROW IS V IS I T ING ROMANIA TH IS WEEK; SEE PAGE 5
BUSINESS REVIEW / March 16 - 22, 2009 3
PublishersBILL AVERY • RACHAD EL JISR
Audited 2H 2006
BMG is a founding member of the Romanian Audit Bureau
for Circulation (BRAT)
BUSINESS REVIEW
BUSINESS MEDIA GROUPBd. Regina Maria 1, bl. P5B, sc. 1, ap. 10-11, Bucharest - Romania Phone: +4021 206-0680 (10 lines), Fax: +4021 335-3474 E-mails: [email protected] - [email protected] - [email protected] No. 1453 - 729XTiparit la: MASTER PRINT
ROMANIA’S PREMIERE BUSINESS WEEKLY MARCH 16 - 22, 2009 / VOLUME 14, NUMBER 9
Founding Editor
BILL AVERY
Editor-in-Chief
SIMONA FODOR
Senior Journalist
CORINA S~CEANU
Journalists
DANA CIURARU
OTILIA HARAGA
MAGDA PURICE
Copy Editor
DEBBIE STOWE
Contributor
MICHAEL BARCLAY
Photographer
LAURENTIU OBAE
Managing DirectorRACHAD EL JISR Sales Manager
GIUSEPPINA BURLUIAdvertising Sales IULIAN B~BEANU
ANA MARIA MARDANEvents Manager
OANA MOLODOI Marketing ConsultantGABRIELA ENESCUSTRATEGYSTUDIO
LayoutBEATRICE GHEORGHIU
ProductionDAN MITROI
MARIAN NEAGOEDistribution
GEORGE MOISESubscription
ANDREEA NUNUResearch
ANDA BACIU