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Manuela Panescu
- Fields
- Capital Market, Companies, Banks-Insurance
- Writing for ZF since
- 2012
- Articles
- 1.453
GSK's Romania Plant Sees Lower Sales In Year Before Closing
Romanian drugmaker Europharm Brasov, held by UK group GlaxoSmithKline (GSK), registered sales of 426 million lei (nearly EUR96 million) in 2014, down 14% compared with a year before, as the...
Gabriel Comanescu, GSP's Owner, Buys Petroceltic International's Share In Black Sea Blocks
Oil company Petroceltic International sold its shares in two Black Sea oil blocks to Gabriel Comanescu, the owner of Grup Servicii Petroliere (GSP), according to ZF data.
Top 20 IT&C Distribution Companies Posted RON3.9B Total Revenue In 2014
The largest 20 Romanian distribution IT&C companies reported cumulated revenues of 3.8 billion lei (EUR873 million), up 6.5% from a year before, according to a preliminary survey based on th...
Chipita Romania Posted RON312M Sales In 2014
Chipita Romania, the domestic subsidiary of the Greek group of the same name that owns the brands 7Days and Finetti, posted revenue of 312 million lei (nearly EUR70 million) in 2014, RON10 m...
Repower To Focus On Growth Instead Of Acquisitions
Private power supplier Repower Furnizare Romania, the local subsidiary of Swiss-held Repower group, forecasts 5% to 10% higher revenue in 2015, while its sales are seen up 7%.
Fondul Proprietatea Sets Against Energy Ministry In Nuclearelectrica's Capital Hike Issue
Romanian Energy Ministry, majority stockholder with Romanian nuclear power company Nuclearelectrica (SNN.RO), will be subpoenaed in October, next to the energy producer, in a trial against F...
Bucharest Bourse Launches Most Active Brokers Top
The Bucharest Stock Exchange (BVB) Monday launched a new feature through which investors can see the most active brokers in the market by number of trades executed in a day with shares on th...
IAR Brasov Eye Higher Revenues Over Next Years On New Orders From Arab States
Romanian state-run aircraft repair and maintenance company IAR Ghimbav (IARV.RO) eyes higher revenues over the next years, fueled by an extended budget of the Defense Ministry and larger ord...
Lending Demand In Agriculture, Industry On The Rise In April
The agriculture and industry sectors registered a positive lending demand in April compared with the same period a year ago, while financing to construction sector fell 8%, according to data...
PMR: Romania's DIY Market Was Close To RON10B In 2014
The local do-it-yourself market (retail without distribution) was worth a total of RON9.7 billion (nearly EUR2.2 billion) in 2014, up 2.9% from a year before, according to estimation of Pola...
OTP To Complete Millennium Integration In October, Looks For New Acquisitions
OTP Bank Romania, part of Hungarian group OTP, will analyze in October the integration process of Millennium bank, bought mid-2014, according to OTP general manager Laszlo Diosi.
Borza: Hidroelectrica Must Sell 15% For EUR500M Or IPO Is Off
The Romanian government should sell the 15% stake in state-owned power producer Hidroelectrica for EUR500 million, or the initial public offering on the Bucharest Bourse is canceled, accordi...