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Manuela Panescu

Fields
Capital Market, Companies, Banks-Insurance
Writing for ZF since
2012
Articles
1.453
Administrator: Hidroelectrica Won’t Exit Insolvency June 26 Unless Selling Micropower Plants
Energy

Administrator: Hidroelectrica Won’t Exit Insolvency June 26 Unless Selling Micropower Plants

Romanian energy producer Hidroelectrica won’t exit insolvency procedure and enter a two-three years reorganization plan June 26 unless it is able to sell its micro-power plants, Remus Borza,...

Manuela Panescu · 27.02.2013 · 19:22 · 1 min
ZF Power Summit '13: Electricity Prices Could Fall On Long Term
Energy

ZF Power Summit '13: Electricity Prices Could Fall On Long Term

A well balanced mix of energy resources coul bring a decrease in electricity prices on the long term, according to energy specialists who attended ZF Power Summit '13 on Wednesday.

Manuela Panescu · 27.02.2013 · 18:01 · 2 min
Bucharest Stocks End Up, In Very Low Turnover
Capital Market

Bucharest Stocks End Up, In Very Low Turnover

The Bucharest stock market closed higher Wednesday, after two days of decreases, with shares of Banca Transilvania (TLV.RO) and investment fund Fondul Proprietatea (FP.RO) securing two third...

Manuela Panescu · 27.02.2013 · 17:49 · 1 min
Felinvest Completes First Office Building Module In N-W Romania
Real Estate

Felinvest Completes First Office Building Module In N-W Romania

Felinvest (FEL.RO), a real estate company owned by businessman Octavian Buzoianu, will complete in March its first office building module part of a real estate project developed on the forme...

Manuela Panescu · 27.02.2013 · 15:09 · 1 min
Brewers Of Romania’s Association Names Andrew Highcock As President
Retail&Consumer

Brewers Of Romania’s Association Names Andrew Highcock As President

Brewers of Romania’s Association named Andrew Highcock, the head of Ursus Breweries, as the organization's president starting February, replacing Hezy Ovadia, URBB-Tuborg Romania’s head.

Manuela Panescu · 27.02.2013 · 14:22 · 1 min
Romanian Government Eyes Changing Highway Lease Law
Companies

Romanian Government Eyes Changing Highway Lease Law

The Romanian Government aims to change the highway lease system so that the contract closed with the investor will state that should the investment not be recovered to the amount estimated f...

Manuela Panescu · 27.02.2013 · 13:59 · 1 min
Largest Stock Exchange Investor Buys RON106M Worth Of FP Shares Since Start Of The Year
Capital Market

Largest Stock Exchange Investor Buys RON106M Worth Of FP Shares Since Start Of The Year

The purchases of US hedge fund Elliott in Fondul Proprietatea (FP.RO) have intensified since the beginning of this year, with the US fund bringing several million lei into the Bucharest stoc...

Manuela Panescu · 26.02.2013 · 00:00 · 2 min
Major Owners Made EUR350M From Real Estate In 2012
Real Estate

Major Owners Made EUR350M From Real Estate In 2012

The ten largest investors on the local real estate market made EUR350 million revenue from malls and office space last year, while some of the groups even saw an increase by 20% to 30% in re...

Manuela Panescu · 26.02.2013 · 00:00 · 3 min
Bucharest Stocks End Mixed; Eyes On Fondul Proprietatea, SIF Transilvania
Capital Market

Bucharest Stocks End Mixed; Eyes On Fondul Proprietatea, SIF Transilvania

The Bucharest stock market closed undecided Monday, with investors mainly targeting the shares of Fondul Proprietatea (FP.RO) and SIF Transilvania (SIF3.RO), which ensured almost three quart...

Manuela Panescu · 25.02.2013 · 17:32 · 1 min
Mega Image Opens Two New Stores In Bucharest, To 200-Unit Network
Retail&Consumer

Mega Image Opens Two New Stores In Bucharest, To 200-Unit Network

Retailer Mega Image, part of Belgian group Delhaize, will open two new stores Friday, in capital city Bucharest, bringing its Romanian network to 200 units, the retailer said.

Manuela Panescu · 22.02.2013 · 21:04 · 1 min
Capital Market

SIF Transilvania May Pay 90% Of 2012’s Profit To Stockholders

The Board of Directors of Romanian regional investment fund SIF Transilvania (SIF3.RO) proposes paying a gross dividend of 0.175 lei (EUR0.04) per share from the 2012's profit, slightly high...

Manuela Panescu · 22.02.2013 · 20:50 · 1 min
Capital Market

SIF Transilvania Aims To Enforce Dualist Management System

The stockholders of regional investment fund SIF Transilvania (SIF3.RO) will discuss in April 20 meeting on enforcing the dualist management system made up of a Directorate and a Surveillanc...

Manuela Panescu · 22.02.2013 · 20:33 · 1 min