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Manuela Panescu
- Fields
- Capital Market, Companies, Banks-Insurance
- Writing for ZF since
- 2012
- Articles
- 1.453
Foreign Currency Transactions Flat On Year In July
Foreign currency transactions totaled EUR1.5 billion in July, EUR100 million higher compared with a month before but similar with the same period a year ago.
Intesa Sanpaolo’s Net Profit Surged To EUR7M In 1H, On Lower Provisions
The local units of Italy’s Intesa Sanpaolo posted a net profit of EUR7 million (31 million lei) in the first half of 2015, significantly higher from EUR1 million during the same period a yea...
Tchibo Coffee Distributor Posted EUR10M Sales In 2014
Romanian distribution company Egea Orbico, with a portfolio made up of Disney, Pringles, Tchibo or United Colors of Benetton, posted sales of 45.6 million lei (EUR10.3 million) in 2014, up 2...
Impact Invests EUR3M In Greenfield Residential Compound
Romanian real estate developer Impact Developer&Contractor (IMP.RO) will invest almost EUR3 million in the construction of eight dwellings in Greenfield residential compound.
Swiss Capital Gains Top Broker Position In January-July
Swiss Capital ranked first among the most active brokers on the Bucharest Stock Exchange in January to July, with transactions up 81% on the month in July alone.
Romania Ranks Last In EU By Hiring Ratio In 2014
Romania’s new staff ratio was at only 5.7% in 2014, indicating share of the persons employed at a current position for no more than 12 months among the total employees, according to the EU's...
Romgaz To Start Exploitation Of $1Bn Gas Field In Slovakia
Romania’s state-run gas producer Romgaz Medias (SNG.RO) will start the exploitation of a gas field in Slovakia in the last quarter of 2015, targeting a perimeter of which it holds a 25% stak...
Romania Is 3rd Most Profitable Market For Enel By Operating Margin
Enel Romania, the country’s largest private electricity distributor, posted revenue of EUR497 million in the first half of 2015, down 3,5% compared with the same period a year before, accord...
Number of Insolvencies Down 56%, Registrations Up 13% In 1H
The number of Romanian companies under insolvency decreased 56% in the first half of 2015, at 5,736 units, according to the data released by the National Trade Registry Office, ONRC.
Tarom Holds Talks With Airbus, Boeing For Fleet Renewal
Romanian state-owned airline Tarom plans to completely renew its aircraft fleet and replace the current Airbus A310, A318 and ATRs with new airplanes from Airbus, Brazil’s Embraer or Boeing.
Bogdan Stanescu Stepped In As Hidroelectrica’s New Administrator
Nicolae Bogdan Codrut Stanescu was named the new special administrator of Romanian insolvent hydropower producer Hidroelectrica, replacing Gabriel Dumitrascu.
Romcarbon’s Revenue Seen Up 13%, At EUR41M In 2015
Romanian plastic profiles producer Romcarbon Buzau (ROCE.RO) forecasts revenue of 182.3 million lei (EUR41 million) in 2015, up 13% from a year before, on higher exports and sales on the dom...