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Manuela Panescu
- Fields
- Capital Market, Companies, Banks-Insurance
- Writing for ZF since
- 2012
- Articles
- 1.453
Almost One Quarter Of Romanian Youngsters Are Jobless - Eurostat
Average unemployment rate for people aged between 15 and 24 in Romania set at 23.5% in 2011, slightly higher than the EU average of 21.4%, according to Eurostat.
Healthcare Bill Sets New Mandatory Health Contributions
Romania’s healthcare reform bill sets the new contributions to the mandatory health insurance fund at 5.5% for the insured, 5.2% for the employers and at 5.5% for the insured whose contribut...
Leu Loses Ground Vs Euro, Trades At 4.47 Units
The Romanian leu opened down against the euro in Wednesday trade, touching 4.47 units, while the central bank took action to ease down the decline amid political tensions in Parliament betwe...
Bucharest Stocks Open Down, Amid Low Traded Values
The Bucharest stock exchange opened down Wednesday, switching trend from the last five sessions, amid low traded values mainly supported by shares of Fondul Proprietatea (FP.RO).
Astra OKs Insurer Setup In Georgia
The shareholders of Romanian insurer Astra (ATRA.RO) decided to set up an insurance-reinsurance company in Georgia and to contribute to its capital, the company said in a statement sent to t...
Bucharest Shares Close In Green, Amid Low Volumes
The Bucharest stock exchange closed higher Tuesday, for the fifth trade in a row, mirroring foreign markets, but volumes stayed low.
CEC Bank Ups First Home Guarantee Ceiling By EUR11.5M
Romanian state-owned lender CEC Bank increased by EUR11.5 million the guarantee ceiling for the state supported “First Home” program this year, after the bank exhausted the amount initially...
Top-20 Largest Employers Count Four Times More Layoffs Than Hires In 2011
The top-20 largest employers in Romania have counted a total of 23,000 layoffs and only 6,000 new hires in 2011, according to the data extracted from the Trade Registry and Finance Ministry.
Bucharest Stocks Open Up, Proprietatea Fund Supports Volumes
The Bucharest stock exchange opened up Tuesday, for the 5th trade in a row, and amid low traded values mainly supported by shares of Fondul Proprietatea (FP.RO).
Hyundai Auto Romania Has New CEO
Hyundai Auto Romania, part of Tiriac Holdings, named Teodor Brusalis as chief executive officer, the company said in a statement Monday.
Ruukki Romania To Provide Metallic Parts For Smelting Unit In Saudi Arabia
Ruukki Romania, the local subsidiary of Finnish giant Rautaruukki, one of the largest manufacturers of metal components in Europe, will produce at its local factory the parts designated for...
Billa Romania Opens New Store In Targu-Mures, To 64 Network Units
German retailer Billa, part of the Rewe group, will open one store in the central town of Targu-Mures, expanding the network to 64 units, the company said in a statement Monday.