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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, BET-C Reaches 4-Week High
The Bucharest stock market gained around 1% Wednesday, closing at the highest level in the last four weeks, with the shares of Fondul Proprietatea (FP.RO), Banca Transilvania (TLV.RO) and OM...
Profi Opens New Store In E Romania
Retailer Profi, controlled by Polish private equity firm Enterprise Investors, opened Wednesday a new unit in the eastern city of Bacau, brining its Romanian network to 151 units.
Foreign Companies Account For 40% Of Overall Turnover And GDP, With Only 23% Of Employees
The turnover per employee exceeded EUR100,000 per person in foreign companies in 2011, almost double as high as for the entire economy.
Rewe Set To Open 14 Penny Market And XXL Mega Discount Stores
Retailer Rewe Romania, which operates two store formats in this country, Penny Market and XXL Mega Discount, will invest between EUR10 million to EUR15 million to open 14 stores this year.
European Commission Pays EUR141.5M To Romania’s POSDRU
The European Commission transferred Tuesday EUR141.5 million to Romania’s Operational Program for Human Resource Development (POSDRU), as part of the first tranche of payments after de-block...
Electric Cars Buyers To Receive RON12,000 Eco-Ticket
Romanian citizens buying an electric car as of March 15 will receive an eco-ticket worth 12,000 lei (EUR2.739) upon acquisition, the Government decided Tuesday in an emergency ordinance appr...
Bucharest Stocks End Undecided, Rompetrol Rafinare Falls
The Bucharest stock market closed undecided Tuesday, with the shares of Rompetrol Rafinare (RRC.RO) falling strongly for the second day in a row, while the liquidity touched the lowest level...
Romania OKs New Car Tax System
The Romanian Government approved Tuesday a new car tax system to be levied upon vehicles registration as of March 15, replacing the current tax, sources close to the issue said.
Grup Feroviar Roman On The Shortlist For Bulgaria’s Freight Railway Carrier Sale
Romanian freight railroad transporter Grup Feroviar Roman (GFR) said Tuesday it qualified and entered the shortlist for the privatization of Bulgarian freight railway carrier BDZ Cargo Grup...
Aurel Koeber: Insolvency Law Favors Debtors Over Creditors
Aurel Koeber, Piatra-Neamt-based businessman who controls Koeber, one of the largest players on the Romanian varnish and paint market, says one of the biggest challenges in his sector is ins...
Diaconescu, Asirom: We Will See New Players On The Insurance Market In Coming Years
Mariana Diaconescu, president of insurer Asirom’s directorate, expects tighter competition on the insurance market in the coming years, with several new companies expected to appear on the m...
EBRD May Give EUR13.6M Loan To Oltenia Water Company
The European Bank for Reconstruction and Development EBRD is considering granting a EUR13.6 million loan to Oltenia Water Company, for the upgrade and expansion of the water infrastructure i...