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Manuela Panescu

Fields
Capital Market, Companies, Banks-Insurance
Writing for ZF since
2012
Articles
1.453
Bucharest Stocks Open Up, In Quiet Market
Capital Market

Bucharest Stocks Open Up, In Quiet Market

The Bucharest stock exchange opened up Friday morning, in a quiet market, and amid significantly higher traded volumes than early Thursday.

Manuela Panescu · 27.07.2012 · 11:02 · 1 min
Leu Opens Higher Vs Euro, Touches 4.60 Units
Capital Market

Leu Opens Higher Vs Euro, Touches 4.60 Units

Romania’s leu opened higher versus the euro on Friday, and touched an early high at 4.60 units, in a quiet market on which the leu gains were bigger than the rest of foreign currencies.

Manuela Panescu · 27.07.2012 · 10:52 · 1 min
Bucharest Bourse Ends In The Green, Amid High Traded Values
Capital Market

Bucharest Bourse Ends In The Green, Amid High Traded Values

The Bucharest stock exchange closed up Thursday, amid high traded values and with the shares of chemical producer Oltchim Ramnicu Valcea (OLT.RO) gaining 6.57% after news the company’s priva...

Manuela Panescu · 26.07.2012 · 17:27 · 2 min
Romania To Draw EU Funds Of EUR353M For Dambovita Sewerage Network Upgrade
Companies

Romania To Draw EU Funds Of EUR353M For Dambovita Sewerage Network Upgrade

Romania will access EUR350 million in European Union funds for the rehabilitation of Dambovita river's filtering unit, sewerage network and the main collector canals, according to a tri-part...

Manuela Panescu · 26.07.2012 · 16:08 · 1 min
Orange Romania 1H Revenues Down 2% On Year, To EUR448M
Technology &Telecoms

Orange Romania 1H Revenues Down 2% On Year, To EUR448M

Mobile telephony operator Orange Romania posted revenues of EUR448 million in the first half of 2012, down 2% from EUR457 million in the same period a year ago, on lower interconnection tari...

Manuela Panescu · 26.07.2012 · 11:54 · 1 min
A 0.8% Stake In Proprietatea Fund Traded For Almost EUR12M On Bucharest Bourse
Capital Market

A 0.8% Stake In Proprietatea Fund Traded For Almost EUR12M On Bucharest Bourse

A 0.83% stake in Romanian investment fund Fondul Proprietatea (FP.RO) was traded in the second part of Thursday session on the Bucharest Stock Exchange, for 54.9 million lei (EUR11.9 million...

Manuela Panescu · 26.07.2012 · 11:05 · 1 min
Bucharest Stocks Open Higher, Oltchim Surges 8%
Capital Market

Bucharest Stocks Open Higher, Oltchim Surges 8%

The Bucharest stock exchange opened higher Thursday morning, in a quiet market, and with the shares of chemical producer Oltchim Ramnicu Valcea (OLT.RO) gaining 8.59% after Ziarul Financiar...

Manuela Panescu · 26.07.2012 · 10:58 · 1 min
Leu Opens Down Vs Euro, In Low Volumes
Capital Market

Leu Opens Down Vs Euro, In Low Volumes

Romania’s leu opened down versus the euro on Thursday, but it rapidly gained ground and set below 4.62 units, amid low volumes as the central bank does no longer intervene on the market.

Manuela Panescu · 26.07.2012 · 10:38 · 1 min
Social/Politics

Government Needs Investor's Ok In Rosia Montana License Agreement Declassification

The Romanian Government will decide on the declassification of the license agreement at Rosia Montana gold mining project, the declassification equally requiring the investor’s approval, eco...

Manuela Panescu · 25.07.2012 · 18:25 · 1 min
Romania’s Political Turmoil Chases Retail Investors Away - CBRE
Real Estate

Romania’s Political Turmoil Chases Retail Investors Away - CBRE

Romanian retail market will be quiet until the end of summer as investors are reluctant mainly due to the exchange rate fluctuations amid political tensions, Luiza Moraru, head of the retail...

Manuela Panescu · 25.07.2012 · 15:46 · 1 min
Another 0.7% Stake In Proprietatea Fund Traded For EUR10M On Bucharest Bourse
Capital Market

Another 0.7% Stake In Proprietatea Fund Traded For EUR10M On Bucharest Bourse

Another 0.73% stake in Romanian investment fund Fondul Proprietatea (FP.RO) was traded mid-session Wednesday on the Bucharest Stock Exchange, for 47.3 million lei (EUR10.2 million).

Manuela Panescu · 25.07.2012 · 14:42 · 1 min
Real Estate

Symmetrica Invests EUR2M In 5th Factory N Romania

Romania’s Symmetrica will invest EUR2 million in the construction of a new factory in the northern town of Bistrita-Nasaud, the fith production unit on the local market.

Manuela Panescu · 25.07.2012 · 13:49 · 1 min