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Manuela Panescu
- Fields
- Capital Market, Companies, Banks-Insurance
- Writing for ZF since
- 2012
- Articles
- 1.453
Bucharest Stocks End In The Green, Few Companies Lift Turnover
The Bucharest stock market closed higher Friday, with investors being more active during the second part of the day and with transfers of Fondul Proprietatea (FP.RO), OMV Petrom (SNP.RO), BR...
Vosganian: OMV Petrom Not To Dismantle Arpechim Refinery
Romania’s Economy Minister Varujan Vosganian on Friday said OMV Petrom (SNP.RO) will not dismantle its Arpechim refinery, as announced Thursday, and it will be at the Government's "disposal"...
Several Franklin Templeton Funds Own Over 5% Stake In SIF Transilvania
A number of six funds managed by Franklin Templeton, administrator of investment fund Fondul Proprietatea (FP.RO), own a total stake of 5.3% in the share capital of investment fund SIF Trans...
NEPI Plans To Build A Mall In Bucharest And Become Largest Office Owner
Martin Slabbert, CEO of South African investment fund NEPI, is perhaps the only investor in Romanian real estate who can say about the last five years that they have been “great”.
Heinzmann: Tarom Must Reduce, Standardize Fleet Instead Of Increasing It
The general manager of Romanian state-owned airline Tarom, Christian Edouard Heinzmann, said Thursday the company aims to standardize its fleet, which should be reduced over the next two yea...
Hidroelectrica Sells EUR16M Worth Of Electricity
Romania’s insolvent power producer Hidroelectrica Thursday sold 70.3 million lei (EUR16 million) worth of electricity on the local market OPCOM, energy exchange data showed.
Bucharest Stocks End Down, In Very Low Turnover
The Bucharest stock market dropped 0.71% Thursday, in a very low turnover mainly influenced by foreign markets.
CFR Marfa Has New Management
Romanian Transport Minister Relu Fenechiu announced Thursday the new management of state-owned freight company CFR Marfa, made up of economists, engineers and legal advisors, which will have...
Bucharest Bourse Opens Lower, In Average Traded Values
The Bucharest stock market opened lower Thursday, amid average traded volumes mainly covered by shares of Fondul Proprietatea (FP.RO)and OMV Petrom (SNP.RO).
Major Insurers Settled EUR1B Claims In 2012
The members of the National Union of Insurance and Reinsurance Companies in Romania (UNSAR) settled 4.4 billion lei (EUR1 billion) in general insurance claims last year, up 7% on 2011.
Antibiotice's Net Profit Rises 33% To RON27.4M In 2012
Romanian state-owned drugmaker Antibiotice Iasi SA (ATB.RO) Wednesday said its preliminary net profit rose 33% in 2012 to 27.4 million lei (EUR6.1 million).
Romanian Government Sells Over EUR190M Worth of Shares To Electrica Staff
The employees of Romanian state-run electricity supplier Electrica SA could buy shares in the company's privatized branches at between EUR3.17 and EUR45.26 per unit, according to the branch,...