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Manuela Panescu
- Fields
- Capital Market, Companies, Banks-Insurance
- Writing for ZF since
- 2012
- Articles
- 1.453
Bucharest Bourse Ends Higher, In Low Volumes
The Bucharest stock exchange closed slightly higher Monday, with the shares of investment fund Fondul Proprietatea (FP.RO), SIF Transilvania (SIF3.RO) and Erste Bank (EBS.RO) supporting the...
Leu Ends Down Vs Euro In Quiet Market
Romania’s leu closed down against the euro Monday, nearing the 4.5 threshold, in a quiet market and amid low traded volumes.
ANCOM OKs All 5 Bids For Mobile Licenses; Auction To Follow In September
The auction commission of Romanian telecom regulator ANCOM decided Monday that all the five bids for mobile telephony licenses received from operators Orange Romania, Vodafone Romania, Cosmo...
A Saturated Market? Private Operators See 20% Annual Growth Once New Healthcare Law Is Passed
The private healthcare services, one of the most dynamic economic sectors over the past years, expect the implementation of the new health law which should trigger an annual 20% growth pace....
Extreme Heat Expected In Romania Tuesday To Thursday
Romanian meteorologists have issued a yellow code warning expecting temperatures of up to 39 degrees Celsius in capital city Bucharest and 21 counties in western and southern Romania Monday...
Oltenia Power Company May List 15% Stake - Economy Ministry
Romania's Oltenia power company may hike its share capital and list a 15% stake on the Bucharest Bourse, according to the Economy Ministry, the firm's majority stockholder.
Bucharest Stocks Open In The Green, Oltchim Shares Surge
The Bucharest-listed stocks opened higher early Monday, amid low traded values and with the shares of chemical producer Oltchim Ramnicu Valcea (OLT.RO) gaining 7.56%.
Leu Down Vs Euro In Early Trade, Amid Very Low Volumes
Romania’s leu opened higher against the euro early Friday, but after a couple of minutes it lost ground and traded around 4.49 units, in a quiet market and amid very low traded volumes.
Hidroelectrica Invested RON1B In Side Projects - Euro Insol
Hidroelectrica was forced to invest 926 million lei (EUR206,696 million) in projects that use electricity as secondary alternative, which worsened its economic status, says a report on the c...
Bucharest Bourse Ends Higher; Proprietatea Fund, OMV Petrom Support Volumes
The Bucharest stock exchange closed higher Friday, with the shares investment fund Fondul Proprietatea (FP.RO) and of oil company OMV Petrom (SNP.RO) supporting the traded volumes, while che...
Omniasig Outruns Astra For 1st On Romania's Insurance Market
Romanian insurer Omniasig, former BCR Asigurari, posted underwritten premiums of 548.9 million lei (EUR112.5 million) in the first half of 2012, down 17.4% on the year, ranking first on the...
OTP Bank Romania Switches To Losses In First Half
OTP Bank Romania, the local unit of Hungary’s financial group OTP, has switched to a loss of 242 million Hungarian forints (EUR869,000) in the first half of 2012, versus profit of HUF1.47 bi...