Curs BNR — 13.11.2026 EUR 5,3498 USD 4,8428 GBP 6,4023

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Manuela Panescu

Fields
Capital Market, Companies, Banks-Insurance
Writing for ZF since
2012
Articles
1.453
Capital Market

Condmag 2012’s Revenue Down 19% To RON93M

Romanian oil and gas pipe maker Condmag Brasov (COMI.RO) on Friday reported a 19% decrease in 2012 to 92.9 million lei (EUR21.21 million), from RON114.9 million a year before.

Manuela Panescu · 15.02.2013 · 19:11 · 1 min
Zentiva Romania 2012’s Profit Down 10.3%, To RON30.3M
Capital Market

Zentiva Romania 2012’s Profit Down 10.3%, To RON30.3M

Drug producer Zentiva Romania (SCD.RO) Friday announced its profit dropped by 10.3% in 2012, to 30.3 million lei (EUR6.8 million), from RON33.85 million a year before.

Manuela Panescu · 15.02.2013 · 18:49 · 1 min
Romania Extends Addtional Tax For Resources Exploited Prior Feb 1
Energy

Romania Extends Addtional Tax For Resources Exploited Prior Feb 1

The special tax introduced by the Romanian government for drilling and exploitation activities of natural resources, except for gas, will be applied also to the resources exploited prior to...

Manuela Panescu · 15.02.2013 · 15:42 · 1 min
Capital Market

TMK-Artrom 2012’s Revenues Fall 6% On Year, To RON909.1M

Romania’s TMK-Artrom Slatina (ART.RO), controlled by Russian steel pipe maker TMK, posted revenues of 909.1 million lei (EUR16 million) in 2012, 6% lower on the year, the company said in its...

Manuela Panescu · 14.02.2013 · 18:28 · 1 min
Bucharest Stocks End Down, Market Doesn’t React To GDP Data
Capital Market

Bucharest Stocks End Down, Market Doesn’t React To GDP Data

The Bucharest stock market closed down Thursday, with investors not reacting to the country’s economic growth data and with three deals with Fondul Proprietatea (FP.RO) shares ensuring 40% o...

Manuela Panescu · 14.02.2013 · 17:42 · 1 min
Romanian Restaurants Sell Annually Over 20,000 Expensive Wine Bottles  -Importer
Retail&Consumer

Romanian Restaurants Sell Annually Over 20,000 Expensive Wine Bottles -Importer

Romanian restaurants annually sell over 20,000 wine bottles worth more than EUR100 per piece, according to Bogdan Ciocoveanu, business director with Lerida International, the largest wine im...

Manuela Panescu · 14.02.2013 · 16:26 · 1 min
Iulius Group 2012 Revenue Rises To EUR55.6M
Real Estate

Iulius Group 2012 Revenue Rises To EUR55.6M

Romanian realty developer Iulius Group, owned by businessman Iulian Dascalu, Thursday said it registered revenue of EUR55.6 million in 2012, from its four Iulius Mall shopping centers and th...

Manuela Panescu · 14.02.2013 · 14:51 · 1 min
UPC Romania’s Revenue Up 3.1% In 2012, To RON450M
Technology &Telecoms

UPC Romania’s Revenue Up 3.1% In 2012, To RON450M

Cable television operator UPC Romania reported 450 million lei (EUR102.7 million) revenue in 2012, from RON437 million in 2011, following the customer numbers increase.

Manuela Panescu · 14.02.2013 · 13:40 · 1 min
Leu Loses Ground Vs Euro, On Negative Sentiment
Capital Market

Leu Loses Ground Vs Euro, On Negative Sentiment

Romania’s leu opened stronger against the euro Thursday, but switched to losses soon after, and the publishing of the gross domestic product data for the last quarter and the whole 2012 coul...

Manuela Panescu · 14.02.2013 · 11:34 · 1 min
Bucharest Stocks Open Higher, In Very Low Turnover
Capital Market

Bucharest Stocks Open Higher, In Very Low Turnover

The Bucharest stock market was higher in early session Thursday, amid very low traded values, with lender BRD-Groupe Societe Generale (BRD.RO) topping the charts for the third consecutive da...

Manuela Panescu · 14.02.2013 · 11:02 · 1 min
FAN Courier Expects 10% Turnover Rise To Over EUR60M This Year
Companies

FAN Courier Expects 10% Turnover Rise To Over EUR60M This Year

FAN Courier, the largest Romanian-held company on the courier market, saw its turnover rise 10% in lei last year, to around RON244 million (around EUR55 million), and the company hopes to se...

Manuela Panescu · 14.02.2013 · 00:00 · 2 min
Bucharest Stocks End Undecided, Amid Low Turnover
Capital Market

Bucharest Stocks End Undecided, Amid Low Turnover

The Bucharest stock market closed undecided Wednesday, amid low traded values, with only financial stocks drawing some attention

Manuela Panescu · 13.02.2013 · 18:07 · 1 min