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Manuela Panescu

Fields
Capital Market, Companies, Banks-Insurance
Writing for ZF since
2012
Articles
1.453
Dan Diaconescu To Take Part In CFR Marfa Sale
Automotive

Dan Diaconescu To Take Part In CFR Marfa Sale

Politician and TV station owner Dan Diaconescu said Monday he will take part in the auction to buy state-owned freight railway carrier CFR Marfa, mentioning he will not disclose whether “on...

Manuela Panescu · 18.02.2013 · 19:13 · 1 min
Safety Broker’s 2012 Brokered Premiums Up 60% To EUR36.3M
Banks-Insurance

Safety Broker’s 2012 Brokered Premiums Up 60% To EUR36.3M

Romanian insurance broker Safety Broker brokered premiums of EUR36.3 million in 2012, up nearly 60% from a year before, the company said Monday.

Manuela Panescu · 18.02.2013 · 18:44 · 1 min
Bucharest Stocks End Mixed, With SIF Banat Crisana In Spotlight
Capital Market

Bucharest Stocks End Mixed, With SIF Banat Crisana In Spotlight

The Bucharest stock market closed undecided Monday, with the shares of SIF Banat-Crisana (SIF1.RO) rising 1.8% amid the highest liquidity in the past two months following Friday’s announceme...

Manuela Panescu · 18.02.2013 · 17:27 · 1 min
NEPI Acquires The Lakeview Building, In EUR61.7M Deal
Real Estate

NEPI Acquires The Lakeview Building, In EUR61.7M Deal

South-African investment fund New Europe Property Investment (NEP.RO) Monday said it will pay EUR61.7 million, including the outstanding bank debt, to acquire The Lakeview offices from US gr...

Manuela Panescu · 18.02.2013 · 17:02 · 1 min
Hidroelectrica Names Interim Head
Energy

Hidroelectrica Names Interim Head

The head of Romanian power producer Hidroelectrica’s development and rebranding unit, Mihail Viorelian Stanculescu, was named interim general manager by the company’s legal administrator Eur...

Manuela Panescu · 18.02.2013 · 15:26 · 1 min
Minister: Over Ten Investors Interested In Posta Romana Privatization
Companies

Minister: Over Ten Investors Interested In Posta Romana Privatization

Over ten companies sent non-binding letters of interest for the privatization of Romanian postal company Posta Romana, a process that is expected to be completed in June, Communications Mini...

Manuela Panescu · 18.02.2013 · 14:33 · 1 min
Bucharest Bourse Opens Undecided, Focus On SIFs
Capital Market

Bucharest Bourse Opens Undecided, Focus On SIFs

The Bucharest stock market opened undecided Monday, in a quiet market and amid low traded volumes, with the shares of SIF Banat-Crisana (SIF1.RO) and SIF Muntenia (SIF4.RO) rising over 1% fo...

Manuela Panescu · 18.02.2013 · 11:39 · 1 min
Leu Opens Down Vs Euro, Touches 3.9 Units
Capital Market

Leu Opens Down Vs Euro, Touches 3.9 Units

The Romanian leu opened weaker against the euro on Monday, reaching 4.39 units, in a quiet market with very low traded volumes.

Manuela Panescu · 18.02.2013 · 10:58 · 1 min
Capital Market

SIF Oltenia Ranks 1st By Profit Among Five SIFs In January

Romanian regional SIF Oltenia (SIF5.RO) ranked 1st by profit among the five regional investment funds SIFs in January, with a 14.9 million lei (EUR3.4 million) profit, while its assets accou...

Manuela Panescu · 15.02.2013 · 21:42 · 1 min
Capital Market

SIF Muntenia 2012’s Revenues Up 47.5% On Year, To RON290.34M

Romania’s regional investment fund SIF Muntenia (SIF4.RO) reported 47.5% higher revenues in 2012, to 290.34 million lei (RON65.1 million), from RON196.9 million a year before.

Manuela Panescu · 15.02.2013 · 20:33 · 1 min
Capital Market

SSIF Broker Switched To Profit In 2012

Romanian brokerage house SSIF Broker (BRK.RO) switched to a net profit of 812,000 lei (EUR185,388) in 2012, from losses of RON15.6 million a year before.

Manuela Panescu · 15.02.2013 · 20:17 · 1 min
Capital Market

Hotel Firm Turism Felix's Profit Halved To RON3.22M In 2012

Romanian hotel company Turism Felix (TUFE.RO) Friday said it posted a net profit of 3.22 million lei (EUR0.72 million) in 2012, half the result posted in 2011, at RON6.69 million.

Manuela Panescu · 15.02.2013 · 19:42 · 1 min