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Manuela Panescu

Fields
Capital Market, Companies, Banks-Insurance
Writing for ZF since
2012
Articles
1.453
Farmers Head For A Wheat Harvest Of 6.1 Million Tons
Companies

Farmers Head For A Wheat Harvest Of 6.1 Million Tons

Romanian agricultural producers are set to harvest a total wheat production of 6.1 million tons this summer, up 22% on the preceding season, show March estimates of Cocereal, a European orga...

Manuela Panescu · 26.03.2013 · 00:00 · 1 min
Steinberger-Kern, Siemens: Coal Wins The Cost Race Against Gas In Energy Production
Energy

Steinberger-Kern, Siemens: Coal Wins The Cost Race Against Gas In Energy Production

Shale gas can revolutionize the global energy market and coal-based electricity has again taken precedence over gas-fired power stations, says Eveline Steinberger-Kern, head of the energy di...

Manuela Panescu · 26.03.2013 · 00:00 · 3 min
Transelectrica Proposes 3-Fold Lower Dividends For 2012
Capital Market

Transelectrica Proposes 3-Fold Lower Dividends For 2012

Romania’s state-run power grid operator Transelectrica (TEL.RO) Monday proposed paying out its shareholders a gross dividend of 0.404 lei (EUR0.091) a share from the 2012 profit, 2.7-fold lo...

Manuela Panescu · 25.03.2013 · 21:03 · 1 min
Bucharest Stocks End Slightly Higher, SIFs Fall
Capital Market

Bucharest Stocks End Slightly Higher, SIFs Fall

The Bucharest stock market closed higher Monday, after falling in the previous two sessions, the bourse’s liquidity being mainly secured by several special deals with the shares of oil compa...

Manuela Panescu · 25.03.2013 · 18:06 · 1 min
Voluntari CityHall Mulls Taking RON70M Loan For EU-Funded Project
Banks-Insurance

Voluntari CityHall Mulls Taking RON70M Loan For EU-Funded Project

The cityhall of Voluntari, a town nearby Romania's capital city Bucharest, aims to take a 70 million lei (EUR15.87 million) loan, on a 10-year period, to co-finance public investments develo...

Manuela Panescu · 25.03.2013 · 14:55 · 1 min
Capital Market

SIF Banat-Crisana Sets Up Two Holdings For Its Realty, Hotel Firms

Regional investment fund SIF Banat-Crisana (SIF1.RO) will set up two holdings to transfer the companies in the real estate and hotel sector the fund is majority stockholder in.

Manuela Panescu · 22.03.2013 · 18:41 · 1 min
Ciolos: Romanian Farmers Pay The Price Of Others’ Irresponsibility In Milk Scandal
Retail&Consumer

Ciolos: Romanian Farmers Pay The Price Of Others’ Irresponsibility In Milk Scandal

Romanian milk producers are the victims of an attack against the quality and safety of local products, but pouring milk on the fields is an extreme gesture of farmers that could go bankrupt...

Manuela Panescu · 22.03.2013 · 16:27 · 2 min
Aerostar Proposes 10% Higher Dividend For 2012
Companies

Aerostar Proposes 10% Higher Dividend For 2012

Romanian aircraft construction and repair firm Aerostar Bacau (ARS.RO) Friday proposed paying out its stockholders a gross dividend of RON0.079 (EUR0.017) a share from 2012’s net profit, up...

Manuela Panescu · 22.03.2013 · 12:53 · 1 min
Bucharest Stocks Open Down, Amid Moderate Traded Values
Capital Market

Bucharest Stocks Open Down, Amid Moderate Traded Values

The Bucharest stock market opened in the red Friday, amid moderate turnover and with the shares of OMV Petrom (SNP.RO) down over 1% after the company proposed paying out its shareholders a l...

Manuela Panescu · 22.03.2013 · 11:14 · 1 min
Insolvent Hidroelectrica Swings To EUR10M Monthly Profit
Energy

Insolvent Hidroelectrica Swings To EUR10M Monthly Profit

Major state-run energy producer Hidroelectrica has moved from monthly losses of EUR50 million to a profit of EUR10 million last month, shows a report on the company’s financial performance p...

Manuela Panescu · 22.03.2013 · 00:00 · 1 min
Antibiotice May Hike Share Capital By RON10.33M, Through Reinvesting Profit
Health

Antibiotice May Hike Share Capital By RON10.33M, Through Reinvesting Profit

Romanian state-owned drugmaker Antibiotice Iasi SA (ATB.RO) Thursday proposed a share capital increase by 10.33 million lei (EUR2.33 million), to RON67.13 million, by reinvesting the profit.

Manuela Panescu · 21.03.2013 · 21:20 · 1 min
OMV Petrom Proposes 10% Lower Dividend For 2012
Companies

OMV Petrom Proposes 10% Lower Dividend For 2012

Romanian oil company OMV Petrom (SNP.RO) Thursday proposed paying out its shareholders a gross dividend of 0.028 lei (EUR0.0063) a share from the 2012 record profit, 9.6% lower on the year.

Manuela Panescu · 21.03.2013 · 21:00 · 1 min