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Manuela Panescu
- Fields
- Capital Market, Companies, Banks-Insurance
- Writing for ZF since
- 2012
- Articles
- 1.453
Bucharest Stocks Open Slightly Higher; Proprietatea Fund, OMV Petrom Shares Lift Volumes
The Bucharest-listed stocks opened slightly higher Wednesday morning, in a quiet market and with the shares of Fondul Proprietatea (FP.RO) and OMV Petrom (SNP.RO) lifting volumes.
Arad CityHall To Invest EUR10M In UTA Stadium Upgrade
Romanian cityhall of the western Arad town Tuesday said it will invest EUR10 million in upgrading Municipal Stadium "Francisc Neumann," or UTA, by 2015.
Ductil Buzau 1H Net Profit At RON4.4M, Slightly Up On Year
Romanian electrode and welding equipment maker Ductil Buzau (DUCL.RO) Tuesday said its net profit was 4.48 million lei (EUR1 million) in the first half of 2012, up 3.3% compared with RON4.3...
Competition Watchdog Looks Into Petrom LPG Takeover By Crimbo Gas
Romania's Competition Council Tuesday said it is looking into the takeover deal of Petrom LPG, a subsidiary of Romania’s largest oil company OMV Petrom (SNP.RO), by Crimbo Gas International.
Mechel Campia Turzii To Lay Off 400 Staff In August, September
Romanian steel works Mechel Campia Turzii (INSI.RO) Tuesday said it will lay off over 400 employees in August and September, on lack of orders.
Leu Opens Up Vs Euro, Sets Under 4.56 Units
Romania’s leu inched higher against the euro on Tuesday, trading under 4.56 units, amid low traded values and with dealers suspecting indirect interventions from the central bank to support...
Bucharest Stocks Open Up, In Quiet Market
The Bucharest-listed stocks opened higher Tuesday morning, in a quiet market and amid low traded values.
Owners Of Cocor Shopping Center Sell Seaside Hotel For EUR18M
The owners of shopping center operator Cocor Bucuresti (COCR.RO) plan to sell Cocor hotel complex in Neptun seaside resort, southeastern Romania, at a starting price of EUR18 million.
Isarescu Says Mistrust In Romania’s Ability To Absorb EU Funds Is Dangerous
Romanian central bank governor Mugur Isarescu Monday said the governments’ failure to absorb European Union funds caused a “defeatism” towards the country’s ability to draw such funds, which...
Bucharest Stocks Open Up, Amid Low Traded Values
The Bucharest-listed stocks opened higher Monday morning, amid low traded values, and with Erste Bank (EBS.RO) being the top-traded issuer.
Leu Opens Slightly Higher Vs Euro, In Low Volumes
Romania’s leu inched higher against the euro on Monday, hitting an early high at la 4.6220/4.6235, amid investors’ risk aversion and in very low traded volumes.
Leu Hits 4.63 Vs Euro On Constitutional Court Postponement
Romania’s leu widened losses against the euro in late trade Thursday, touching 4.63 units, after the Constitutional Court postponed for September 12 its ruling on the referendum to impeach P...