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Manuela Panescu

Fields
Capital Market, Companies, Banks-Insurance
Writing for ZF since
2012
Articles
1.453
Eugen Radulescu Named As Head Of Central Bank’s Financial Stability Unit
Banks-Insurance

Eugen Radulescu Named As Head Of Central Bank’s Financial Stability Unit

Eugen Radulescu stepped in as manager of the financial stability unit of the country’s central bank BNR, replacing Ion Dragulin who retired.

Manuela Panescu · 22.07.2015 · 16:00 · 1 min
Romanian Companies Posted Higher Profit, Lower Employees In 2014 - Survey
Analysis

Romanian Companies Posted Higher Profit, Lower Employees In 2014 - Survey

The Romanian companies doubled their profit margin at 2.5% in 2014, at the expense of firing 230,000 people, according to ZF survey based on Trade Registry data.

Manuela Panescu · 22.07.2015 · 15:00 · 1 min
Bucharest Generates Half Of Insurers’ Underwritten Premiums
Banks-Insurance

Bucharest Generates Half Of Insurers’ Underwritten Premiums

Romanian capital city Bucharest generated half of insurance companies underwritten premiums, worth 4 billion lei (nearly EUR890 million) in 2014, while the country’s most important countries...

Manuela Panescu · 22.07.2015 · 14:01 · 1 min
Romania’s Truck Sales Close To 7-Year High In 2015
Automotive

Romania’s Truck Sales Close To 7-Year High In 2015

Romania’s trucks sales are close to a 7-year high in 2015, on the backdrop of transport companies renewing or expanding their fleet.

Manuela Panescu · 21.07.2015 · 17:00 · 1 min
Anchor: Romania’s Real Estate, Retail Markets Seen On Positive Trend
Real Estate

Anchor: Romania’s Real Estate, Retail Markets Seen On Positive Trend

The Romanian real estate and retail sectors are seen on positive trend, according to Affan Yildirim, the new general manager of Turkey’s Anchor Grup, the developer thus starting several inve...

Manuela Panescu · 21.07.2015 · 16:00 · 1 min
Boromir Mulls Taking RON24M Loan For Investments
Retail&Consumer

Boromir Mulls Taking RON24M Loan For Investments

Boromir Prod Buzau (SPCU.RO) will decide in stockholders’ meeting September 9 on taking a 18 million lei loan from ING Bank for investments and on opening an overdraft line worth RON6.8 mill...

Manuela Panescu · 21.07.2015 · 15:00 · 1 min
Condmag Entered Insolvency After Falling 70% On Bourse
Energy

Condmag Entered Insolvency After Falling 70% On Bourse

Romanian oil and gas pipe maker Condmag Brasov (COMI.RO), owned by businessman Gheorghe Calbu¬rean, has officially entered insolvency and suspended its shares from trading as of July 20, aft...

Manuela Panescu · 21.07.2015 · 14:00 · 1 min
Bid On Romania's Selling Majority Stake In Petromidia Expected In 1H 2016 – Rompetrol Head
Companies

Bid On Romania's Selling Majority Stake In Petromidia Expected In 1H 2016 – Rompetrol Head

The bid on Romania’s Energy Ministry selling a 26.69% minority stake in oil company Rompetrol Rafinare, which manages the Petromidia Refinery on the Black Sea coast, may take place in the fi...

Manuela Panescu · 21.07.2015 · 13:04 · 2 min
Cris Tim Sales Up One Third On VAT Cut, Economic Revival
Retail&Consumer

Cris Tim Sales Up One Third On VAT Cut, Economic Revival

Cris Tim, one of the largest producers in the Romanian food industry, reported sales of around EUR80 million in 2014, one third higher than a year before.

Manuela Panescu · 20.07.2015 · 18:00 · 2 min
Mega Image Eyes Acquisition For Countrywide Coverage
Retail&Consumer

Mega Image Eyes Acquisition For Countrywide Coverage

Mega Image, the largest network in Romania’s modern retail with 80% of all stores in capital city Bucharest, is looking for an acquisition enabling it to obtain countrywide coverage.

Manuela Panescu · 20.07.2015 · 17:00 · 2 min
Romania’s Insurers Target Health Insurance Policies Segment
Banks-Insurance

Romania’s Insurers Target Health Insurance Policies Segment

Romania’s insurers are targeting the health insurance policies segment, on the backdrop of higher deduction threshold as of 2016. They forecast an annual growth of underwritten premiums by 2...

Manuela Panescu · 20.07.2015 · 15:42 · 2 min
Dacia Accounted For 90% Of Romania’s Car Production In 1H
Automotive

Dacia Accounted For 90% Of Romania’s Car Production In 1H

Romanian carmaker Dacia accounted for 90% of Romanian car production in the first half of 2015, with over 186,100 vehicles, while Ford factory in Craiova accounted for only 12% of local car...

Manuela Panescu · 20.07.2015 · 15:39 · 1 min