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Manuela Panescu

Fields
Capital Market, Companies, Banks-Insurance
Writing for ZF since
2012
Articles
1.453
SOCAR Plans To Open 20 Gas Stations In Romania In 2013
Energy

SOCAR Plans To Open 20 Gas Stations In Romania In 2013

Azeri state-run oil company SOCAR plans to expand its Romanian gas station network by another 20 units in 2013, the company’s general manager Hamza Karimov said Thursday at ZF Power Summit '...

Manuela Panescu · 28.02.2013 · 13:30 · 1 min
Rompetrol: Gas Stations With Below 1M Liters Annual Sales Will Hardly Survive
Energy

Rompetrol: Gas Stations With Below 1M Liters Annual Sales Will Hardly Survive

Romanian filling stations that sell less than 1 million liters a year will hardly survive, as the number of units is increasing, according to Titov Buzescu, advisor of Rompetrol's chief exec...

Manuela Panescu · 28.02.2013 · 13:21 · 1 min
Socep 2012’s Net Profit Down 62% On Year To RON2.25M
Automotive

Socep 2012’s Net Profit Down 62% On Year To RON2.25M

Romanian harbor operator Socep Constanta (SOCP.RO) Thursday reported a 62% lower net profit in 2012, to 2.25 million lei (EUR0.51 million), from RON5.93 million a year before.

Manuela Panescu · 28.02.2013 · 12:11 · 1 min
Leu Opens Slightly Higher Vs Euro, Trades Near 4.37 Units
Capital Market

Leu Opens Slightly Higher Vs Euro, Trades Near 4.37 Units

Romania’s leu opened slightly stronger against the euro Thursday, nearing 4.37 units, in a quiet market and amid low traded volumes.

Manuela Panescu · 28.02.2013 · 11:26 · 1 min
Energy

Artego Targu Jiu 2012’s Net Profit Surges To RON11.7M

Romanian rubber bands maker Artego Targu Jiu (ARTE.RO) reported a net profit of 11.69 million lei (EUR2.6 million) in 2012, 2.7-fold higher from RON4.34 million a year ago, the company said...

Manuela Panescu · 28.02.2013 · 11:25 · 1 min
Energy Minister Plans New Reorganization, Including Hidroelectrica Split-up
Energy

Energy Minister Plans New Reorganization, Including Hidroelectrica Split-up

Romanian government will reorganize the state-owned energy companies planning to set up two or three powerful companies able to compete at regional level, minister-delegate for energy Consta...

Manuela Panescu · 28.02.2013 · 10:59 · 1 min
INS: Romania Housing Permits Down 2.2% On Year In January
Macroeconomics

INS: Romania Housing Permits Down 2.2% On Year In January

Romania issued 1,694 buildings permits for residential projects in January, down 2.2% on the year, the statistics institute INS said Thursday.

Manuela Panescu · 28.02.2013 · 10:04 · 1 min
Owner Of CON-A Builder Invests In Solar Farm
Energy

Owner Of CON-A Builder Invests In Solar Farm

The owner of the construction group CON-A based in Sibiu (central Romania) and one of the most important businessmen in the city, Mircea Bulboaca, plans to develop a photovoltaic farm.

Manuela Panescu · 28.02.2013 · 00:00 · 1 min
Papalekas Buys Cathedral Plaza
Real Estate

Papalekas Buys Cathedral Plaza

Greek investor Ioannis Papalekas who has been buying distressed properties worth over EUR70 million in the last sixteen months has recently struck a deal with Israeli billionaire Eyal Ofer t...

Manuela Panescu · 28.02.2013 · 00:00 · 1 min
CNADNR Receives Four Bids For Comarnic-Brasov Highway Construction
Companies

CNADNR Receives Four Bids For Comarnic-Brasov Highway Construction

The National Highways and Roads Company in Romania (CNADNR) received Wednesday four bids from a Chinese company and other three joint ventures for the design, construction, financing and ope...

Manuela Panescu · 27.02.2013 · 21:13 · 1 min
Romania May Give Income-Based Additional Aid For Electricity, Gas – Draft
Social/Politics

Romania May Give Income-Based Additional Aid For Electricity, Gas – Draft

Romanian Labor Ministry Wednesday sent to public debate an emergency ordinance draft based on which the additional aid for electric power and natural gas will be granted according to the inc...

Manuela Panescu · 27.02.2013 · 20:51 · 1 min
Government Looks For Investor To Finance CupruMin By At Least EUR50M
Energy

Government Looks For Investor To Finance CupruMin By At Least EUR50M

The Romanian Government Wednesday authorized the Economy Ministry to look for an investor to partner up with to finance the activity of coal producer CupruMin and which will further contribu...

Manuela Panescu · 27.02.2013 · 20:09 · 1 min