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Manuela Panescu
- Fields
- Capital Market, Companies, Banks-Insurance
- Writing for ZF since
- 2012
- Articles
- 1.453
A&D Pharma Sees Lower Sales, But Higher Profit In 2014
Mediplus and Sensiblu, the main units of A&D Pharma, the largest group in Romania’s pharmaceutical industry, posted lower sales in 2014, but the cumulated profit of the two companies totaled...
Fashion Retailer Zara Posted RON400M Sales In 2014
Zara, one of the seven brands Spanish giant Inditex operates on the Romanian market, posted sales of almost 412 million lei (EUR92.8 million) on the local market last year, up 9% from 2013,...
Kaufland’s Sales Up 10% To RON8B In 2014, But Growth Pace Slows
German-held retailer Kaufland reported sales revenue of 8 billion lei (EUR1.8 billion) in 2014, up 10% from a year before, the slowest pace of growth since the group's entry on the Romanian...
Daewoo-Mangalia Shipyard Posted Record-High Loss In 2014, At RON700M
Daewoo Mangalia Heavy Industries, or DMHI, the largest ship builder in Romania, posted a record high loss of 700 million lei (EUR157.6 million) in 2014, seven-fold higher from a year before,...
IKEA Romania Switches To Profit In 2014 On Higher Sales
Swedish retailer IKEA, which operates a single store in Romanian capital city Bucharest, switched to profit in 2014, for the first time since its direct entry on the local market in 2010. IK...
Den Braven Romania’s Production Capability Too High For Local Market Only
Constructions materials producer Den Braven Romania, the local unit of Dutch group Den Braven, exports over half of its production, said Dan Miculescu, head of the company’s local operations...
Bosch Sees Romania As Car Manufacturing Market Worth Expanding In
Romania is a very productive and interesting market, with a very good growth potential, according to Werner Richter, general manager with Bosch Rexroth, the automotive technology plant recen...
Euralis Head Takes Over As Deputy GM At Fertilizers Manufacturer Aectra
Florin Constantin, a manager with farming seeds producer Euralis for over seven years, was recruited by Aectra, a Romanian fertilizers and pesticide producer, for the position of deputy gene...
Violeta Luca Moves From eMag To Microsoft Romania
Violeta Luca, a well-established manager in the local retail sector, resigned from the position of vice-president and chief executive officer with Romanian online retailer eMag, after less t...
BRD To Launch Dollar Investment Fund
Romanian local financial regulator ASF authorized BRD Asset Management, the third fund manager by size with RON2.6 billion assets under management, to launch open-end investment fund BRD USD...
Innova Capital Mulls Listing La Fantana In Pre-Summer Deal
Polish investment fund Innova Capital aims to list bottled water wholesaler La Fantana, which it controls, on the Bucharest bourse by early July, according to market sources.
Dacia’s Logistic Unit Exports Over EUR1B Spare Parts To 17 Car Plants
The spare parts exports of AILN, the logistic unit of Romanian carmaker Automobile Dacia, accounted for 2% of the country’s total exports, at over EUR1 billion, on higher demand for entry ra...