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Manuela Panescu
- Fields
- Capital Market, Companies, Banks-Insurance
- Writing for ZF since
- 2012
- Articles
- 1.453
Private Equity Investments In Romania Up 11% To EUR78M In 2014
Investments of private equity funds in Romania grew 11% in 2014, at EUR78 million, according to the European Private Equity and Venture Capital Association (EVCA).
Oil Terminal Sees 15% Higher Revenue In 2015, But Low Profit Margin
Romanian oil storage and shipment firm Oil Terminal (OIL.RO) forecasts 15% higher revenues in 2015, at RON125 million, as it expects the low oil prices to boost trades of crude oil and gas t...
SOCAR’s Revenue Rose In Romania, After Network Expansion
SOCAR Romania, part of Azeri oil group SOCAR, posted revenues of 746.3 million lei (EUR170.3 million) in 2014, up 28% from a year before, mainly due to the expansion of its gas stations netw...
Romania Exports EUR35M Copper Ore, But Imports EUR570M Copper
Romania exported 47.000 tons of copper ore in 2014, worth EUR35 million, while imports of copper increased 17%, to EUR530 million, as the country lacks processing capacities, according to da...
Investment Fund RC2 Resumes Sale Of Albalact Stakes
Cyprus-registered investment fund RC2 Limited resumed transactions with shares of Romanian dairy manufacturer Albalact (ALBZ.RO), after the transfer to the main market of the Bucharest stock...
Macromex Eyes 1st Place On Romanian Ice-Cream Market In Three Years
Macromex, one of the largest distributors of fast moving consumer goods on the Romanian market, aims to become the leader of the EUR170 million ice-cream market by 2018.
Aramis Invest, Romania’s Largest Furniture Producer, Posted Sales Of EUR130M In 2014
Aramis Invest, the largest furniture producer in Romania, registered 4% higher sales in 2014, at 567 million lei (nearly EUR128 million), compared with RON547 million a year ago.
Romarm: Demand For Romanian Weapons Is Four Times Higher Than Production
Defense contractor Romarm, the main Romanian producer and direct exporter of military products, is seeing high demand for infantry ammunition and weapons, largely from the Middle East, accor...
Romania Spent RON14B For 570 Km Highways In 25 Years
Romania spent RON14 billion (nearly EUR3.5 billion) for 570 kilometers of new highways over the last 25 years, mostly financed by the European Union, according to Business Construct magazine...
Lactag Aims To Raise EUR5M In Secondary Public Offering For Investments
Romanian food company Lactag (LACT.RO), which owns two factories and a 35-convenience store network, aims to gather up to EUR5 million through a public offering on the Bucharest stock exchan...
Electrica Seeks Stockholders Approval For RON860M Investment Plan
Romanian power supply and distribution company Electrica (EL.RO) will seek its stockholders' approval for an investment budget of 860 million lei (EUR194 million) in 2015, after the first dr...
Carlos Pallares Steps In As FCC Construccion Romania General Manager
Carlos Pallares is the new general manager of the Romanian unit of Spanish construction group FCC Construccion, involved in projects such as Bucharest-based Basarab passage or Arad-Timisoara...