Translator RO-EN
Manuela Panescu
- Fields
- Capital Market, Companies, Banks-Insurance
- Writing for ZF since
- 2012
- Articles
- 1.453
Rising Interest In Electric Cars, But Sales Blocked On Lack of Governmental Plan
The interest in the acquisition of electric cars is rising among companies on the local market, which envisage setting up fleets of electric cars, while the market is blocked by the lack of...
Bogdan Boteanu, ING Bank: SMEs More Interested In Investment Loans
Romania’s small and medium sized companies, SMEs, became more interested in loans for investments so far in 2015, on the backdrop of an economic growth and the cut of interest margins, accor...
Socep Constanta To Invest EUR9.3M In 2015
Romanian maritime port operator Socep Constanta (SOCP.RO) will invest EUR9.3 million in 2015, in buying cranes and a terminal-management software from Spanish Paceco, in an attempt to expand...
Dan Weiler Resigned From VES Sighisoara’s Supervisory Board
Dan Weiler resigned from the position of member with Romanian enameled cookware manufacturer VES Sighisoara (VESY.RO) Supervisory Board at less than a year from its appointment.
Jumbo Holds 10% Of Romanian Toy Market After Two Years
Greek toy retailer Jumbo posted sales of 80 million lei (nearly EUR18 million) of a the total local toy market estimated at RON880 million, accounting for a 10% market share acquired in only...
Lasselsberger Eyes 10% Higher Ceramic Tiles Sales By Volume In 2015
Austrian group Lasselsberger’s sales of ceramic tiles in Romania rose 9% by volume in the first half of 2015, on the backdrop of the revival of the real estate sector.
VPK Packaging Posted EUR10M Revenue In 1H
Belgian corrugated fiberboard maker VPK Packaging posted revenue of EUR10 million in the first half of 2015, similar with the same period a year before.
Banca Feroviara Names Two New Deputy Managers
Romania’s lender Banca Feroviara, majority owned by businessman Valer Blidar, named Razvan Radulescu and Radu Petrea as chief operations officer and chief business officer, respectively.
Garanti Head Hunted Bogdan Neacsu As Chief Risk Officer -Sources
Garanti Bank head hunted Bogdan Neacsu as Chief Risk Officer (CRO), replacing Emil Vonvea, who returned to the central bank, according to sources on the market.
Cluj-Napoca Airport To Develop EUR131M Upgrade Works By 2030
Romania’s International Airport Avram Iancu in Cluj-Napoca will develop upgrade works worth EUR131 million, VAT excluded, in a new cargo terminal and track by 2030, according to the Master P...
Rompetrol’s Exports Up 34% In 1H
KMG International, formerly Rompetrol group, which majority owns Rompetrol Rafinare (RRC.RO), posted revenue of $5.5 billion (21.9 billion lei) in the first half of 2015, down 18% compared w...
Daewoo-Mangalia Shipyard May Be Closed Down By Majority Stockholder
Daewoo Mangalia Heavy Industries, or DMHI, the largest ship builder in Romania, may be closed down on record high losses worth $2.5 billion posted by its majority stockholder, Korean group D...