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Manuela Panescu
- Fields
- Capital Market, Companies, Banks-Insurance
- Writing for ZF since
- 2012
- Articles
- 1.453
Nita: Romanian Energy System Must Be Reorganized
Romania's energy system must be reorganized as a result of the market liberalization and the splitup of companies on types of resources, minister in charge Constantin Nita said Tuesday.
Bucharest Bourse Opens Lower, Eyes On Aeroteh
The Bucharest stock market opened lower Tuesday, with the shares of Romanian aircraft parts producer Aeroteh Bucharest (AER.RO) up almost 12% after the company’s announcement it will pay out...
Hidroconstructia Sees Revenue Shrink 40%
Largest Romanian-held construction company in 2011, Hidroconstructia, posted 623.6 million lei (EUR141.2 million) revenue in 2012, down 38% year-on-year.
Price Of Romanian Corn Fell 30% In Past Three Months
The price of corn has fallen to 800 lei/ton (EUR180/ton) in Romania, 30% less than three months ago and the trend points to further declines in the coming period.
Ponta: EU Against New Aid For Oltchim, Layoffs Necessary
Romanian Premier Victor Ponta said Friday the only solution left for insolvent chemical producer Oltchim Ramnicu Valcea (OLT.RO) is the company’s restructuring and further layoffs as the Eur...
Swiss Capital Remains Top Bucharest Broker In March, With 32% Market Share
Swiss Capital continued to lead the Bucharest bourse’s brokers chart in March, with total deals worth 698.2 million lei (EUR158.3 million) and a market share of 32.11%, stock exchange data s...
Banca Transilvania Eyes RON388M Gross Profit In 2013, Up 14% On Year
Romanian lender Banca Transilvania (TLV.RO) forecasts a gross profit of 388 million lei (EUR87.98 million), up 14.5% from RON340 million a year before, according to a budget draft under deba...
STK Emergent To Pay Dividends First Time Since Listing
Romanian closed-end investment fund STK Emergent (STK.RO) will pay total dividends of 5.5 million lei (EUR1.2 million) of 2012’s net profit, for the first time since listing its shares on th...
Prefab Has New GM As Of April 1
Romanian building materials maker Prefab (PREH.RO) Friday announced the company’s general manager Vlad Milut will be replaced with Adrian Razvan Ionescu as of April 1, according to a stateme...
Bucharest Bourse Ends Down, Proprietatea Shares Reverse Trend
The Bucharest stock market closed down 0.66% Friday, with the shares of Fondul Proprietatea (FP.RO) down 0.94% after having touched a two-year high a session before.
Sarantis Romania Turnover Down 3% In 2012, To EUR34.37M
Greek group Sarantis, owner of cosmetics producer Elmiplant, announced its turnover from Romanian operations dropped by 3% in 2012, to EUR34.37 million, from EUR35.42 million in 2011.
Largest Insolvency Firms In Romania Posted Over RON100M Revenue In 2012
In almost five years of decline for the local business sector the likes of which it has not seen in decades, a new kind of consultants has established itself on the market.