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Manuela Panescu

Fields
Capital Market, Companies, Banks-Insurance
Writing for ZF since
2012
Articles
1.453
Only 52 Wind Turbines Set Up In 1H, 4-Fold Lower From 2012
Companies

Only 52 Wind Turbines Set Up In 1H, 4-Fold Lower From 2012

Total wind projects of 130 MW were set up in the first six months of 2015, representing around 52 wind turbines, the projects being most probably started during previous years and postponed...

Manuela Panescu · 18.08.2015 · 14:00 · 1 min
Companies

Tourism Agencies Sales Up 10% In 2014, On Romanians Appetite For City-Breaks

Romanian tourism agencies market increased 10% on the year in 2014, at 4.3 billion lei, in a biggest growth over the last six years on the backdrop of a higher appetite for city-breaks.

Manuela Panescu · 18.08.2015 · 12:00 · 1 min
Dafora Medias Switches To RON92M Record High Loss In 1H
Companies

Dafora Medias Switches To RON92M Record High Loss In 1H

Romanian drilling company Dafora Medias (DAFR.RO), controlled by businessman Gheorghe Calburean, under insolvency, switched to 92.7 million lei record high loss in the first half of 2015, co...

Manuela Panescu · 18.08.2015 · 12:00 · 1 min
Companies

IKEA’s Furniture Supplier Ecolor Posted Revenue Up 15% In 1H

Furniture producer Ecolor, a supplier of Swedish furniture retailer IKEA, posted revenue of 133 million lei in the first half of 2013, up 15% from the same period a year before, on higher sa...

Manuela Panescu · 18.08.2015 · 11:00 · 1 min
Crédit Agricole Romania Extends Pierre Martin's Vice-President Term Until August 2018
Banks-Insurance

Crédit Agricole Romania Extends Pierre Martin's Vice-President Term Until August 2018

Credit Agricole Romania, the local subsidiary of French banking group Credit Agricole, approved in stockholders’ meeting the mandate extension of Pierre Martin as vice-president with the ban...

Manuela Panescu · 17.08.2015 · 15:00 · 1 min
Ropharma Posts 25% Increase In 2Q Net Profit
Companies

Ropharma Posts 25% Increase In 2Q Net Profit

Romanian pharmaceutical company Ropharma (RPH.RO) posted a 25% rise in its second-quarter net profit, at 1.5 million lei, fueled by the growth of operating income.

Manuela Panescu · 17.08.2015 · 15:00 · 1 min
Alpha Bank Closes Down Three Units For Territorial Optimization
Banks-Insurance

Alpha Bank Closes Down Three Units For Territorial Optimization

Alpha Bank, ranking 8th in the Romanian banking system, closed down three of its units in Resita, Miercurea Ciuc and Arad, as part of territorial optimization plans.

Manuela Panescu · 17.08.2015 · 14:00 · 1 min
Napolact: Romania Must Upgrade Farms To Meet European Standards
Companies

Napolact: Romania Must Upgrade Farms To Meet European Standards

Romania must upgrade the farms to have a more efficient production such as Europe and for the small entrepreneurs in the sector not to feel milk prices pressure as a result of cutting milk q...

Manuela Panescu · 17.08.2015 · 14:00 · 2 min
eMag Loss Widened At RON58M In 2014
Companies

eMag Loss Widened At RON58M In 2014

Dante International, managing Romania's largest online retailer eMAG, reported net losses of 58.3 million lei (EUR13.1 million) in 2014, eightfold higher than a year before, according to Tra...

Manuela Panescu · 14.08.2015 · 18:00 · 1 min
Teraplast Saw Twofold Higher Profit In 2Q, Despite Raw Materials Price Hike
Companies

Teraplast Saw Twofold Higher Profit In 2Q, Despite Raw Materials Price Hike

Romanian plastic systems maker Teraplast Bistrita (TRP.RO) saw its sales 18% higher in the second quarter of 2015, while the profit was twofold higher, despite an increase in the raw materia...

Manuela Panescu · 14.08.2015 · 17:00 · 1 min
Intercontinental Hotel Occupancy Rate At 75% In 2014, On Lower Accommodation Tariffs
Companies

Intercontinental Hotel Occupancy Rate At 75% In 2014, On Lower Accommodation Tariffs

Romanian hotel operator Compania Hoteliera Intercontinental (RCHI.RO) reported a turnover of 45.5 million lei in 2014, up 5.3% from 2013.

Manuela Panescu · 14.08.2015 · 16:00 · 1 min
Agricover Invested EUR5M In Pork Processing Unit
Companies

Agricover Invested EUR5M In Pork Processing Unit

Agribusiness group Agricover bought and upgraded a slaughter house in the southern county of Dambovita, in a EUR5 million investment, thus entering the pork processing segment.

Manuela Panescu · 14.08.2015 · 15:00 · 1 min