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Manuela Panescu
- Fields
- Capital Market, Companies, Banks-Insurance
- Writing for ZF since
- 2012
- Articles
- 1.453
Cocor Profit Twofold Higher In 1H
Shopping center operator Cocor Bucuresti (COCR.RO) reported a gross profit of 701,000 lei in the first semester, double on the year, on the backdrop of lower total expenses.
Christian Brandstetter Steps Down As Asirom’s President – Sources
Christian Brandstetter stepped down as president of Asirom’s Board of Directors, after only three months, according to sources on the insurance market.
Argus’ Revenue Doubles At RON88M In 1H
Vegetable oil producer Argus Constanta (UARG.RO), owned by SIF Oltenia, reported twofold higher revenue in the first semester of 2014, at 88 million lei, on sales increase.
EDP Renovaveis Suspended Investments In Romania Renewables In 1H
EDP Renovaveis, the renewable energy unit of Portuguese group EDP, the third largest investor on the Romanian renewable energy sector, has completely suspended investments on the local marke...
Bucharest Bourse On Top Position By Highest Trading Fees In CEE In 1H
The Bucharest Stock Exchange (BVB) has the highest trading fees among the bourses in Central and Eastern Europe CEE but ranks last in the region by the value of transactions with shares in t...
MHS Truck&Bus Revenue Up 30% In 1H
MHS Truck&Bus, importer of MAN trucks on the local market, posted a revenue of 242 million lei (EUR54.4 million) in the first semester, up 32% compared with the same period a year before, on...
Romaero Baneasa Aims To Break-Even In 2015
Romanian aircraft repairs and maintenance company Romaero Bucuresti (RORX.RO) aims to break-even in 2015, switching from losses of 45 million lei a year before, according to the company’s pr...
Nicolae Danila Steps In As Transfond President
Nicolae Danila, advisor to Romanian Central Bank’s governor Mugur Isarescu, was named non-executive president of Transfond, the operator of the national electronic payment system.
Zepter AM Merged Three Open-End Funds Into Zepter Defensive
Romania’s management company Zepter Asset Management, majority owned by Swiss’ United Business Activities Holding AG, merged equity investment funds Zepter Equity and Zepter Mixt with Zepter...
Constanta Port Posted 11% Higher Revenue On Boost Of Grains Trading
Romania’s Maritime Ports Administration Constanta posted 11% higher revenue in the first semester, at 141.2 million lei (EUR32 million), mainly due to the boost in cereals trading, twofold h...
Urgent Cargus Eyes 20% Higher Revenue In 2015
Parcel delivery firm Urgent Cargus posted 164.2 million lei (EUR37 million) revenue in the first half, up 21% compared with a year before, mainly driven by the online commerce, the company s...
VAT Cash-Ins Up Only 1% In July
Romania’s cash-ins from value-added tax VAT was up 15.5% in January to July, at 34 billion lei, after the VAT rate was lowered to 9% on food as of June 1st, according to the Tax Authority AN...