EBRD PRESIDENT THOMAS MIROW IS VISITING ROMANIA THIS WEEK; SEE PAGE 5 ANALYSIS
Last year brought record profits for banks active locally, with Romania top of the list of their subsidiaries, but 2009 looks bleaker See page 14
REAL ESTATE
Andrei Panculescu has left the helm of Westhill Romania after the firm delayed its local projects, and moved on to consultancy See page 15
FEATURE
Bye to bling? The local luxury market, evaluated at EUR 190 million last year, is looking at a drop in value of 20 percent See page 20
BUSINESS REVIEW www.business-review.ro
ROMANIA’S PREMIERE BUSINESS WEEKLY
MARCH 16 - 22, 2009 / VOLUME 14, NUMBER 9
EAST SIDE STORY
Eastern European countries have reacted similarly to the crisis, raising fears of sovereign defaults in the region, but the structure of economies and local market strengths differ LAURENTIU OBAE
See pages 12-13
BUSINESS REVIEW ROMANIA’S PREMIERE BUSINESS WEEKLY
MARCH 16 - 22, 2009 / VOLUME 14, NUMBER 9
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