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Manuela Panescu

Fields
Capital Market, Companies, Banks-Insurance
Writing for ZF since
2012
Articles
1.453
Natural Gas Price Hike For Households Boosts Romgaz’ Revenues
Energy

Natural Gas Price Hike For Households Boosts Romgaz’ Revenues

The recently announced natural gas price hikes for household consumers could mean an of 1.4 billion lei (EUR315 million) for the revenue of Romania’s main natural gas producer Romgaz (SNG.RO...

Manuela Panescu · 05.06.2015 · 14:52 · 1 min
Adecco’s 2014 Revenue Touches Record High In Romania
HR

Adecco’s 2014 Revenue Touches Record High In Romania

HR company Adecco, leader of the Romanian recruitment and temporary workforce market, registered revenue of 240 million lei (EUR54 million) in Romania last year, up 15% from 2013, the compan...

Manuela Panescu · 04.06.2015 · 19:32 · 1 min
Poland’s Getin Eyes Credit Portfolio Acquisition In Romania
Banks-Insurance

Poland’s Getin Eyes Credit Portfolio Acquisition In Romania

Polish group Getin, who owns Romanian lender Idea Bank, is currently in talks on acquiring credit portfolios to support its development plans, the group's chief executive Piotr Kaczmarek tol...

Manuela Panescu · 04.06.2015 · 17:20 · 1 min
Mercedes-Benz Romania’s CEO: Lack Of Infrastructure Chases Away Investors
Automotive

Mercedes-Benz Romania’s CEO: Lack Of Infrastructure Chases Away Investors

Romania’s infrastructure problems are limiting the country’s potential of attracting foreign investments such as a third car factory on the local market, said Boris Billich, chief executive...

Manuela Panescu · 03.06.2015 · 18:36 · 1 min
Main Bucharest Listed Companies Have Over RON15B In Cash
Capital Market

Main Bucharest Listed Companies Have Over RON15B In Cash

The largest companies listed on the Bucharest Stock Exchange amassed a combined cash and equivalents of over RON15 billion (nearly EUR3.4 billion) at the end of March, as they lack investmen...

Manuela Panescu · 03.06.2015 · 13:52 · 1 min
IT Retailer PC Garage’s Revenue Surged 43% In 2014
Technology &Telecoms

IT Retailer PC Garage’s Revenue Surged 43% In 2014

Romanian online computer and electronics retailer PC Garage registered sales revenue of 128.9 million lei (nearly EUR29 million) last year, up 43% compared with 2013, driven by orders for co...

Manuela Panescu · 03.06.2015 · 12:54 · 1 min
EU Report: Rapeseed Yield Forecast Up 7.6% In May
Companies

EU Report: Rapeseed Yield Forecast Up 7.6% In May

Romania’s rapeseed yield is estimated at 2.53 tons per hectare end-May, very close to the all-time high reached last year, according to a report of the European Commission.

Manuela Panescu · 02.06.2015 · 16:55 · 1 min
Withdrawals From Greek Banks' Romanian Units Reach EUR380M In 1Q
Banks-Insurance

Withdrawals From Greek Banks' Romanian Units Reach EUR380M In 1Q

The Romanian units of Greek lenders Alpha Bank, Bancpost and Piraeus Bank reported total deposits of EUR4.3 billion (nearly RON19 billion) end-March, down 8% compared with December 2014, acc...

Manuela Panescu · 02.06.2015 · 15:33 · 1 min
Romania’s Top 25 Wind Farms Total 1,900 MW Capacity
Energy

Romania’s Top 25 Wind Farms Total 1,900 MW Capacity

The top three wind power projects in Romania now include one developed by a local entrepreneur, Romanian-born Swedish businessman Emanuel Muntmark.

Manuela Panescu · 03.04.2013 · 00:00 · 2 min
Major Real Estate Investors Have EUR1.9B Debt For EUR3.1B Assets
Real Estate

Major Real Estate Investors Have EUR1.9B Debt For EUR3.1B Assets

Two thirds of the major real estate assets – malls and office buildings – in Romania are for the moment held by financing banks, reveals a ZF analysis.

Manuela Panescu · 03.04.2013 · 00:00 · 4 min
Constantin: Lowering VAT On Bread Will Bring Added Revenues To Budget
Social/Politics

Constantin: Lowering VAT On Bread Will Bring Added Revenues To Budget

Reducing the value added tax on bread from 24% to 9% starting 2013 will bring higher revenues to the state budget, will fight tax evasion and will either decrease or stabilize bread price fo...

Manuela Panescu · 02.04.2013 · 19:00 · 1 min
Abris Capital Partners Concludes Acquisition Of Delivery Firm Cargus
Companies

Abris Capital Partners Concludes Acquisition Of Delivery Firm Cargus

Private equity fund Abris Capital Partners Tuesday said it completed the takeover of Romanian parcel delivery company Cargus International from Deutsche Post DHL.

Manuela Panescu · 02.04.2013 · 16:19 · 2 min