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Manuela Panescu
- Fields
- Capital Market, Companies, Banks-Insurance
- Writing for ZF since
- 2012
- Articles
- 1.453
Conpet Net Profit Down 12.3% To RON20.5M In Jan-June
Romanian state-run oil transporter Conpet Ploiesti (COTE.RO) Monday said its first-half net profit dropped 12.3% to 20.5 million lei (EUR4.52 million), from RON23.4 million in the same perio...
Bucharest Bourse Ends Up, Investors Focus On Few Shares
The Bucharest stock exchange closed higher Monday, with investors focusing on few issuers and with shares of chemical producer Oltchim Ramnicu Valcea (OLT.RO) trading down almost 15%.
Hidroelectrica's Relations With Banks Seen Improving
The banks are winning hundreds of million euros from financing state-owned hydropower producer Hidroelectrica and any attack against the company is seen as an attack against the Romanian sta...
Alumil’s Net Profit Down One Third On Year In 1H, To RON956.8
Aluminum systems maker Alumil Rom Industry Bucuresti (ALU.RO) on Monday posted a net profit of 956.8 lei (EUR211,214) in the first semester, down by one third on the year, compared with RON1...
Alro Slatina’s Electricity Price From Hidroelectrica Set Based On Aluminum Quotation, OPCOM
Romanian aluminum smelter Alro Slatina (ALR.RO), the biggest electricity consumer on the local market, will buy electricity from state-owned hydropower producer Hidroelectrica at a price set...
Bucharest Stocks Open Lower, Oltchim Shares Down 14.94%
The Bucharest-listed stocks opened down Monday morning, mirroring the decreasing trend of foreign markets on Japan’s data regarding its heavy economic growth slowdown and with shares of chem...
Leu Opens Slightly Up Vs Euro, At 4.53 Units
Romania’s leu inched slightly higher against the euro early Monday, trading at around 4.53 units during the first hour, on investors’ lack of interest for this currency.
Finance Ministry Deems Negotiation With IMF Team Succesful
Romanian Finance Minister Florin Georgescu said Saturday the negotiation with International Monetary Fund, the European Commission and the World Bank for the sixth review of a EUR3.5 billion...
Leu Edges Higher, Closes Around 4.53 Vs Euro
Romania’s leu gained ground versus the euro in the second part of Friday trade and closed stronger on the day, at around 4.53 units, in an opposite trend with other currencies in the region.
Bucharest Bourse Ends Down For Fourth Consecutive Day
The Bucharest stock exchange closed down Friday for the fourth day in a row, mirroring foreign bourses, amid a quiet market.
Investment Fund Sells 5.7% Stake In Rompetrol Well Services For RON4.3M
Dutch investment fund Palmer Capital Emerging Europe Equity Fund, former MEI Roemenie en Bulgarije, Thursday sold a 5.76% stake of Rompetrol Well Services (PTR.RO) for 4.3 million lei (EUR95...
Uztel Switches To Profit In First Half
Romanian oilfield equipment manufacturer Uztel Ploiesti (UZT.RO) Friday said it switched to a net profit of 763,000 lei (EUR168,000) in the first semester of 2012, from losses of RON3.1 duri...