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Manuela Panescu

Fields
Capital Market, Companies, Banks-Insurance
Writing for ZF since
2012
Articles
1.453
Agriculture Ministry To Annul EUR800M Projects Unless Farmers Find Co-Financing
Social/Politics

Agriculture Ministry To Annul EUR800M Projects Unless Farmers Find Co-Financing

Romanian Agriculture Minister Daniel Constantin said Tuesday that projects totaling EUR800 million will be annulled unless farmers find co-financing over the next three months.

Manuela Panescu · 10.07.2012 · 13:49 · 1 min
Traian Basescu Hands Over Position To Acting President Antonescu
Social/Politics

Traian Basescu Hands Over Position To Acting President Antonescu

Romania's Presidential Administration announced Tuesday that President Traian Basescu has handed over the position to acting president Crin Antonescu.

Manuela Panescu · 10.07.2012 · 12:21 · 1 min
Bucharest Stocks Open Undecided, SIF Muntenia’s Shares Surge On Board Changes
Capital Market

Bucharest Stocks Open Undecided, SIF Muntenia’s Shares Surge On Board Changes

The Bucharest stock exchange opened undecided Tuesday, amid low traded values and with the shares of regional investment fund SIF Muntenia (SIF4.RO) increasing 6.34% after the fund replaced...

Manuela Panescu · 10.07.2012 · 11:05 · 1 min
Social/Politics

Finance Ministry Has New Toll Free Anti-Corruption Number

Romania’s Ministry of Finance opened up Monday the Anti-Corruption TelVerde service, the toll free number targeting all citizens who discovered or were affected by corruption deeds or other...

Manuela Panescu · 09.07.2012 · 18:00 · 1 min
Automotive

AVAS Finds Errors In Fortus Iasi Management By Liquidator CITR

Romanian Privatization Authority AVAS Monday said it found several irregularities in Fortus Iasi management by its liquidator Casa de Insolventa Transilvania, CITR, and plans to restructure...

Manuela Panescu · 09.07.2012 · 16:07 · 1 min
Hidroelectrica Wants 74% Raise In Electricity Prices On Regulated Market -Sources
Energy

Hidroelectrica Wants 74% Raise In Electricity Prices On Regulated Market -Sources

Romanian state-owned hydropower producer Hidroelectrica has asked Romania’s National Regulatory Authority for Energy ANRE to approve a 74% increase of prices for electricity sold under regul...

Manuela Panescu · 09.07.2012 · 14:22 · 1 min
German Investor Takes Over Astra Vagoane, Meva, Romvag Caracal For EUR30M
Companies

German Investor Takes Over Astra Vagoane, Meva, Romvag Caracal For EUR30M

Romania’s rolling stock manufacturers Astra Vagoane Arad, Meva and Romvag Caracal, under insolvency, were taken over by an undisclosed German investor, in a EUR30 million deal, the liquidato...

Manuela Panescu · 09.07.2012 · 12:25 · 1 min
Bucharest Stocks Open Slightly Up, In Quiet Market
Capital Market

Bucharest Stocks Open Slightly Up, In Quiet Market

The Bucharest stock exchange opened slightly up Monday, amid low traded values and in a quiet market after President Traian Basescu’s impeachment on Friday.

Manuela Panescu · 09.07.2012 · 11:17 · 1 min
Romania Leu Opens Slightly Up, Touches 4.53 Units
Capital Market

Romania Leu Opens Slightly Up, Touches 4.53 Units

Romania’s leu opened slightly up Monday, at 4.52 per euro, and amid low traded volumes after president Traian Basescu impeachment on Friday.

Manuela Panescu · 09.07.2012 · 11:03 · 1 min
Hidroelectrica Contract Negotiation With EFT To Last Until July 16
Energy

Hidroelectrica Contract Negotiation With EFT To Last Until July 16

The administrators of Romanian state-owned power producer Hidroelectrica, which is insolvent, will continue to renegotiate the company's direct energy sale contract with EFT until July 16, a...

Manuela Panescu · 06.07.2012 · 18:25 · 2 min
Banks-Insurance

Romania Fails To Draw EUR1.1M From EIB In Time

Romania will lose over EUR1.1 million from loans agreed with European Investment Bank EIB, over public authorities failure to draw the money by August 31, 2011 deadline, according to a Gover...

Manuela Panescu · 06.07.2012 · 17:25 · 1 min
Cluj Airport, First In Europe To Join Safety Program
Automotive

Cluj Airport, First In Europe To Join Safety Program

Romania’s international airport in the northwestern town of Cluj-Napoca is the first in Europe to join Airport Excellence in Safety (APEX) program, the airport director David Ciceo said Frid...

Manuela Panescu · 06.07.2012 · 15:31 · 1 min