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Manuela Panescu

Fields
Capital Market, Companies, Banks-Insurance
Writing for ZF since
2012
Articles
1.453
Bucharest Bourse Ends In The Red, Lenders Plunge
Capital Market

Bucharest Bourse Ends In The Red, Lenders Plunge

The Bucharest stock exchange closed down Monday, mirroring foreign market trend, with the BET-FI index and Romanian lenders BRD (BRD.RO), Banca Transilvania (TLV.RO) and Erste Group Bank (EB...

Manuela Panescu · 23.07.2012 · 17:48 · 1 min
OTP Bank Romania: Consumer Savings Up 8.6% In 4-Mos
Banks-Insurance

OTP Bank Romania: Consumer Savings Up 8.6% In 4-Mos

OTP Bank Romania reported a 8.6% increase of the consumer savings during the first four months of 2012, the clients mainly choosing deposits with six-month maturity, the bank said Monday.

Manuela Panescu · 23.07.2012 · 15:54 · 1 min
Hidroelectrica Cancels Two More Bilateral Deals
Energy

Hidroelectrica Cancels Two More Bilateral Deals

Romanian Economy Minister Daniel Chitoiu Friday said insolvent power producer Hidrolectrica terminated two more bilateral electricity deals concluded with Alpiq RomIndustries and Alpiq RomEn...

Manuela Panescu · 20.07.2012 · 18:10 · 1 min
Cepoi: Cantacuzino, Antibiotice Iasi And Unifarm To Merge Under A Sole Unit
Health

Cepoi: Cantacuzino, Antibiotice Iasi And Unifarm To Merge Under A Sole Unit

Romanian Economy Minister Daniel Chitoiu Friday said the Health Ministry proposed that state-run drugmaker Antibiotice Iasi (ATB.RO) should invest in Cantacuzino Institute and further take o...

Manuela Panescu · 20.07.2012 · 16:43 · 1 min
Vodafone Romania’s Revenues From Services Down 4.5% On Year In April-June, At EUR183M
Technology &Telecoms

Vodafone Romania’s Revenues From Services Down 4.5% On Year In April-June, At EUR183M

Vodafone Romania reported revenues from services of EUR183 million in the first quarter of 2012-2013 fiscal year ended on March 31, down 4.5% from the same period a year before, mainly fuele...

Manuela Panescu · 20.07.2012 · 14:10 · 1 min
Mega Image Opens 27th Shop&Go Unit In Romania
Retail&Consumer

Mega Image Opens 27th Shop&Go Unit In Romania

Retailer Mega Image, part of Belgian group Delhaize, said Thursday it will open a new Shop&Go store in Bucharest Friday, bringing its Romanian network to 27 units.

Manuela Panescu · 19.07.2012 · 12:13 · 1 min
Leu Flat Vs Euro In Early Trade, In Quiet Market
Capital Market

Leu Flat Vs Euro In Early Trade, In Quiet Market

Romania’s leu opened similar to a day before against the euro Thursday morning, trading above 4.56 units, in a quiet market and amid low traded volumes of foreign currency.

Manuela Panescu · 19.07.2012 · 11:19 · 1 min
Bucharest Stocks Open Higher, SIFs In The Red
Capital Market

Bucharest Stocks Open Higher, SIFs In The Red

The Bucharest stock exchange opened higher Thursday, with the five regional investment funds SIFs losing ground, mainly dragged down by SIF Muntenia (SIF4.RO) shares on the ex-dividend day.

Manuela Panescu · 19.07.2012 · 11:19 · 1 min
Social/Politics

Senate OKs Constitutional Court May Rule Only On Parliament’s Legislative Decisions

The Romanian Senate on Wednesday approved the Government emergency ordinance concerning the functioning of Constitutional Court in the draft sent by the Chamber of Deputies, stating that the...

Manuela Panescu · 18.07.2012 · 17:49 · 1 min
Bucharest Bourse Ends Up, 4th Day In a Row
Capital Market

Bucharest Bourse Ends Up, 4th Day In a Row

The Bucharest stock exchange closed higher Wednesday, for the fourth trade in a row, but volumes remained reduced as investors are still reluctant due to the current political turmoil.

Manuela Panescu · 18.07.2012 · 17:44 · 1 min
Romanian Lottery Risks Insolvency - General Manager
Companies

Romanian Lottery Risks Insolvency - General Manager

The financial status of the Romanian National Lottery "is not good" and the company may enter insolvency unless it not enforces measures to boost efficiency, the company’s general manager Da...

Manuela Panescu · 18.07.2012 · 15:56 · 2 min
Social/Politics

Government To Assign RON1M For Romania House At London Olympics

The Government will assign about 1 million lei (EUR22.000) to the National Olympic Committee to rent a dwelling for Romania House at 2012 London Olympic Games, official sources said Wednesda...

Manuela Panescu · 18.07.2012 · 14:14 · 1 min