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Manuela Panescu

Fields
Capital Market, Companies, Banks-Insurance
Writing for ZF since
2012
Articles
1.453
Almost 0.2% Stake In Proprietatea Fund Traded For RON13.2M On Bucharest Bourse
Capital Market

Almost 0.2% Stake In Proprietatea Fund Traded For RON13.2M On Bucharest Bourse

Two stakes totaling 0.18% in Romanian investment fund Fondul Proprietatea (FP.RO) were traded early Friday on the Bucharest Stock Exchange, for 13.2 million lei (EUR2.9 million).

Manuela Panescu · 17.08.2012 · 11:57 · 1 min
Bucharest Stocks Open Undecided, Oltchim Shares Gain Ground
Capital Market

Bucharest Stocks Open Undecided, Oltchim Shares Gain Ground

The Bucharest-listed stocks traded undecided early Friday, with the shares of chemical producer Oltchim Ramnicu Valcea (OLT.RO) gaining 11.95%, after posting a 15% increase a day before, rec...

Manuela Panescu · 17.08.2012 · 10:58 · 1 min
Leu Opens Lower Vs Euro, In Quiet Market
Capital Market

Leu Opens Lower Vs Euro, In Quiet Market

Romania’s leu opened lower against the euro early Friday, trading under 4.48 units, in a quiet market and amid very low traded volumes.

Manuela Panescu · 17.08.2012 · 10:38 · 1 min
Energy

Upet Switches To Profit In First Half

Romania’s oil industry equipment maker Upet Targoviste (UPET.RO) Thursday said it switched to a 215,000 lei (EUR48,000) profit in the first half of 2012, from losses of RON1.7 million during...

Manuela Panescu · 16.08.2012 · 18:11 · 1 min
Bucharest Bourse Ends In The Green, Oltchim Rises 15%
Capital Market

Bucharest Bourse Ends In The Green, Oltchim Rises 15%

The Bucharest stock exchange closed higher Thursday, with the shares of chemical producer Oltchim Ramnicu Valcea (OLT.RO) trading up 15%, recovering part of the almost 39% decrease in the pr...

Manuela Panescu · 16.08.2012 · 17:50 · 2 min
CFR Calatori 1H Online Ticket Sales Almost Fourfold Higher, To RON2.7M
Technology &Telecoms

CFR Calatori 1H Online Ticket Sales Almost Fourfold Higher, To RON2.7M

Online sales of Romanian state-run railway passenger carrier CFR Calatori rose to 2.68 million lei (EUR597,000) in the first half of 2011, from RON740,000 during the same period a year befor...

Manuela Panescu · 16.08.2012 · 16:49 · 1 min
CSA: Euroins, Carpatica Asig And Astra Cumulate 60% of 2011 Complaints
Banks-Insurance

CSA: Euroins, Carpatica Asig And Astra Cumulate 60% of 2011 Complaints

Romania’s insurance regulator CSA received a total of 7,570 complaints in 2011 against services provided by insurers and brokers, down 0.15% on the year, most of them targeting the auto indu...

Manuela Panescu · 16.08.2012 · 14:32 · 1 min
GTC's Romanian Portfolio Loses EUR19M In Value In 1H
Real Estate

GTC's Romanian Portfolio Loses EUR19M In Value In 1H

Israeli-owned real estate developer GTC on Thursday said the value of its Romanian portfolio fell by EUR19 million in the first half of 2012, to EUR241 million, mainly due to low yield of th...

Manuela Panescu · 16.08.2012 · 13:32 · 2 min
Bucharest Stocks Open In The Green, Amid Higher Volumes
Capital Market

Bucharest Stocks Open In The Green, Amid Higher Volumes

The Bucharest-listed stocks traded up early Thursday, amid slightly higher volumes compared with the last trading sessions.

Manuela Panescu · 16.08.2012 · 11:03 · 1 min
Leu Opens Higher Vs Euro, At 4.48 Units
Capital Market

Leu Opens Higher Vs Euro, At 4.48 Units

Romania’s leu inched higher against the euro early Thursday, trading at around 4.48 units during the first hour and with dealers expecting further gains in this trading session.

Manuela Panescu · 16.08.2012 · 10:44 · 1 min
Companies

Mechel Targoviste 1H Revenue Down 20% On Year, To RON492M

Romanian steel maker Mechel Targoviste (COS.RO) Friday said it posted 20% lower revenue to 492 million lei (EUR111.1 million) in the first half, from RON613.5 million a year ago.

Manuela Panescu · 14.08.2012 · 19:07 · 1 min
Titan Sales Down 24.6% In Oct-June, To RON201.4M
Retail&Consumer

Titan Sales Down 24.6% In Oct-June, To RON201.4M

Romanian milling and bakery company Titan (MPN.RO) reported sales of 201.4 million lei (EUR44.6 million), down 24.6% on the year, for the period October 1, 2011 - June 31, 2012, the first ni...

Manuela Panescu · 14.08.2012 · 18:57 · 1 min