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Manuela Panescu
- Fields
- Capital Market, Companies, Banks-Insurance
- Writing for ZF since
- 2012
- Articles
- 1.453
Basescu: Romania Gets European Union’s Funds Of EUR39.887B In 2014-2020
Romania will get European Union financing of EUR39.887 billion during 2014-2020, up 18% compared with the budget for 2007-2013, president Traian Basescu said Friday in Brussels.
Romanian Privatization Authority Eyes Shares Swap With SIFs For Portoflio Optimization
Romania’s privatization authority AVAS will elaborate the legislative framework enabling the exchange of minority stakes in companies that both AVAS and the regional investment funds have in...
Bucharest Stocks Close Undecided, Amid Reduced Liquidity
The Bucharest stock market closed undecided Thursday, for the second day in a row, while trading values remained reduced.
CNVM Proposes Law Draft On Rasdaq Restructuring
Romania's Securities Commission, or CNVM, will send the Finance Ministry a law draft proposal on the restructuring of Rasdaq market, stating that companies’s stockholders trading on Rasdaq a...
Dacia Manufactured 400,000 Duster SUVs
Romanian car manufacturing plant Dacia made a total of 400,000 Dacia Duster models, the carmaker said in a statement Thursday.
Bucharest Stocks Open Down Amid Very Low Traded Value
The Bucharest stock market opened slightly down Thursday in very low traded values, and with Fondul Proprietatea (FP.RO), Zentiva (SCD.RO) and Condmag (COMI.RO) among the top traded issuers.
Rombat Sees Auto Market Flat At Best
Rombat Bistrita, Romania’s largest car battery manufacturer, expects the auto market to be flat in 2013 after five years of decline.
Radu, Unicredit: Deposit Interest Rate Cuts Won’t Be Followed By Cheaper Loans
The cuts to deposit interest rates announced by banks in the last few weeks will not also mean a cheapening of loans, according to Rasvan Radu, executive president of UniCredit Tiriac Bank.
Romenergo: Romania Has Lost Its Major Competitive Edge As A Low-Cost Supplier
Romenergo, a company that has been active for over 35 years in the energy sector, says as the country has become de-industrialized, companies that used to have a rich activity on foreign mar...
Arctic Finds Growth Outside European Union
Home appliances manufacturer Arctic increased exports by 25% last year and its best markets were Iraq, South Africa, Turkey and Ukraine.
EU Deblocks POSDRU, Resumes Pay To Romania
European Union’s representatives decided to de-block the Operational Program for Human Resource Development (POSDRU) and resume payments to Romania, following the audit mission held between...
Rulmenti Barlad Posted $7M Profit In 2012
Romanian ball bearing maker Rulmenti Barlad (RBL.RO), owned by Turkish holding Kombassan, Wednesday said its profit was at $7 million in 2012, down 30% from the targeted amount due to a lowe...