Translator RO-EN
Manuela Panescu
- Fields
- Capital Market, Companies, Banks-Insurance
- Writing for ZF since
- 2012
- Articles
- 1.453
Health Insurance Underwritten Premiums Up 25%, At RON22M In 1Q
Romanian companies underwrote health insurance premiums of 22 million lei in the first quarter, up 25% compared with the same period a year before, according to data of Financial Supervision...
REWE Romania Sold EUR160M Private Brands In 2014
REWE Romania, which operates retail chains Penny Market and XXL Mega Discount, reported sales of EUR160 million from private brands in 2014, representing 30% of total sales.
Japanese Panasonic May Build Switching Devices Plant In Romania
Japanese electronics producer Panasonic targets the 1st position on the Romanian market of switching devices evaluated at EUR10 million, and aims to build a production unit on the local mark...
Attila Fejer Steps In As Eli Lilly Romania Head
US pharmaceutical company Eli Lilly named Attila Fejer as general manager of its Romanian division replacing Camilla Shen.
Oil Terminal Aims To Reduce Dependency On Local Refineries
Romanian oil storage and shipment firm Oil Terminal (OIL.RO) aims to boost gas and diesel oil trades to Constanta seaport to offset the drop in crude oil imports for European refineries, whi...
Alpiq RomIndustries Posted RON395M Revenues In 2014, Up 22% On Year
Romanian energy traded Alpiq RomIndustries, a unit of Swiss company Alpiq, reported 22% higher revenues in 2014, at 395 million lei (nearly EUR89 million), while it employed only 15 people,...
Coty Romania Eyes 8% Higher Sales In 2015
Cosmetics retailer Coty Romania forecasts sales of 95.7 million lei (EUR21.5 million) in 2015, up 8% from a year before and over 40% higher than 2008, the last year of the economic boom peri...
Coca-Cola, PepsiCo, Romaqua Remain Top 3 Soft Drink Producers In Romania
Coca-Cola HBC Romania, Quadrant Amroq Beverages (bottler of PepsiCo on the local market), as well as Romaqua Group, producer of mineral water Borsec, are the largest 3 companies in the Roman...
Umbrarescu's Bank Posted Loss Of RON35M In 1st Year On Market
Banca Romana de Credite și Investitii (BRCI), owned by businessman Dorinel Umbrarescu, posted net loss of 35 million lei () in 2014, while its assets were 2.5 fold higher, the bank said in i...
Top 3 Consumer Lenders Switched To RON200M Profit In 2014
Provident, UniCredit Consumer Financing (UCFin) and Cetelem, the top three largest consumer credit firms in Romania, switched to an aggregated net profit of over 200 million lei (EUR46 milli...
Investors Take A Glimpse At Romania Economy And Capital Market. Would They Come Up With Money?
The Bucharest Stock Exchange (BVB) organized one to one meetings between the Romanian listed companies and foreign investors during Business Investors Days, a two-day event ended Wednesday a...
Deutsche Bahn's Logistic Unit Posts 3% Lower Revenue In Romania
Logistic company DB Schenker, a unit of Germany’s Deutsche Bahn, posted 3.3% lower revenue in 2014, at EUR91.1 million, according to Finance Ministry data.