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Manuela Panescu

Fields
Capital Market, Companies, Banks-Insurance
Writing for ZF since
2012
Articles
1.453
Energy

Dafora 1H Revenue Down 20% To RON77.8M

Romanian drilling company Dafora Medias (DAFR.RO) Tuesday said its revenue dropped 20% on the year to 77.8 million lei (EUR17.2 million) in the first half, from RON96.8 million in the same p...

Manuela Panescu · 14.08.2012 · 18:47 · 1 min
Automotive

Electroprecizia 1H Sales Up 14.1% On Year, To RON216.2M

Romanian electric engines maker Electroprecizia (ELZY.RO) reported sales of 216.2 million lei (EUR49.2 million) in the first half of 2012, up 14.1% from RON189.5 million a year ago, the comp...

Manuela Panescu · 14.08.2012 · 18:31 · 1 min
Retail&Consumer

Avicola Brasov 1H Sales Up 28% To RON57.23M

Romanian poultry processor Avicola Brasov (AVLE.RO) posted sales of 57.23 million lei (EUR12.6 million) in the first semester of 2012, up 28% from RON44.7 million in the same period a year b...

Manuela Panescu · 14.08.2012 · 18:24 · 1 min
Companies

Vrancart Adjud 1H Net Profit Up 67.7%, To RON2.55M

Romanian paper and cardboard maker Vrancart Adjud (VNC.RO) Tuesday reported a net profit of 2.55 million lei (EUR580,000 million) for the first half of the year, up 67.7% from RON1.52 millio...

Manuela Panescu · 14.08.2012 · 17:46 · 1 min
Bucharest Stocks End Undecided, No Reaction To GDP Data
Capital Market

Bucharest Stocks End Undecided, No Reaction To GDP Data

The Bucharest stock exchange closed undecided Tuesday, without visible reactions to the better-than-expected data on Romania’s economy in the second quarter, and to the preliminary agreement...

Manuela Panescu · 14.08.2012 · 17:40 · 2 min
Orange, Vodafone, Cosmote, RCS&RDS, 2K Telecom File Bids For Mobile Licenses
Technology &Telecoms

Orange, Vodafone, Cosmote, RCS&RDS, 2K Telecom File Bids For Mobile Licenses

Telecom operators Orange Romania, Vodafone Romania, Cosmote Romania, RCS&RDS and 2K Telecom filed Monday the bids for mobile telephony licenses, according to sources on the market.

Manuela Panescu · 14.08.2012 · 16:00 · 1 min
IKEA Romania Sees Double-Digit Sales Growth In Catalog Year 2012
Retail&Consumer

IKEA Romania Sees Double-Digit Sales Growth In Catalog Year 2012

Furniture retailer IKEA will post a double-digit sales growth in Romania between September 1, 2011 and August 31, 2012, fueled by the higher number of clients, the company’s retail manager C...

Manuela Panescu · 14.08.2012 · 14:16 · 1 min
Fondul Proprietatea’s Net Profit Up 6.1% To RON575M In Jan-July
Capital Market

Fondul Proprietatea’s Net Profit Up 6.1% To RON575M In Jan-July

Romanian investment fund Fondul Proprietatea (FP.RO) Tuesday said it registered a 6.1% higher net profit in the first seven months of 2012, at 575 million lei (EUR130 million), from RON541.5...

Manuela Panescu · 14.08.2012 · 13:01 · 1 min
Companies

Transilvania Constructii 1H Net Profit Down 29% On Year

Romanian construction company Transilvania Constructii Cluj-Napoca (COTR.RO) Tuesday reported a 29% lower net profit, to 317,472 lei (EUR70,000), from RON446,740 a year before, recovering th...

Manuela Panescu · 14.08.2012 · 12:38 · 1 min
Boromir Prod 1H Sales Down 24.4% On Year, To RON53.58M
Retail&Consumer

Boromir Prod 1H Sales Down 24.4% On Year, To RON53.58M

Romanian milling and bakery company Boromir Prod Buzau (SPCU.RO) reported sales of 53.58 million lei (EUR11.8 million) in the first semester, down 24.4% from RON72.84 million in the same per...

Manuela Panescu · 14.08.2012 · 12:27 · 1 min
Bucharest Stocks Higher In Early Trade, Oltchim Shares Still Down
Capital Market

Bucharest Stocks Higher In Early Trade, Oltchim Shares Still Down

The Bucharest-listed stocks traded higher early Tuesday, in low volumes and with the shares of chemical producer Oltchim Ramnicu Valcea (OLT.RO) trading down 15% for the third straight day.

Manuela Panescu · 14.08.2012 · 11:40 · 1 min
MOL Sales Volume In Romania Up 5% On Year In First Half
Energy

MOL Sales Volume In Romania Up 5% On Year In First Half

Hungarian oil company MOL Tuesday said its fuel sales volume on the Romanian market rose 5% to 220,000 tons in the first half, from 208,000 tons in the year-earlier period.

Manuela Panescu · 14.08.2012 · 11:39 · 1 min