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Manuela Panescu
- Fields
- Capital Market, Companies, Banks-Insurance
- Writing for ZF since
- 2012
- Articles
- 1.453
Credit Europe Halves 1H Loss In Romania, At EUR3M
Credit Europe, the local subsidiary of the financial group controlled by Turkish billionaire Husnu Ozyegin, posted net losses of EUR3.1 million (nearly 14 million lei) in the first semester,...
Fondul Proprietatea Buyback Program Targets 68% Of Deals On Bucharest Bourse, 32% On London Bourse
Romanian investment fund Fondul Proprietatea (FP.RO) could buy back 25% of the daily trading value of shares on the Bucharest Stock Exchange and Global Depositary Receipts GDRs on London Sto...
SIF Oltenia Saw Highest 8-Month Net Profit Of Five SIFs
Romanian regional investment fund SIF Oltenia (SIF5.RO) posted the highest net profit of all five SIFs in the first eight months, at RON139 million, while in August alone, the fund’s profit...
Conpet’s Administrators To Receive Performance Bonuses Of 2015’s Net Profit
The non-executive administrators of state-run oil transporter Conpet Ploiesti (COTE.RO) will receive a performance bonus of 0.415% of the amount resulted from the company’s forecasted and ac...
Romania’s Trade, Constructions Sectors Make For 53% Of All Insolvencies
Companies on Romanian retail and wholesale trade as well as the constructions sectors account for 53% of all insolvencies on the local market.
Oil Terminal May Give Economy Ministry RON150M Shares For Lands
Romanian oil storage and shipment firm Oil Terminal (OIL.RO) aims to pay the Economy Ministry, the company’s major stockholder, 150 million lei worth of shares in exchange of two lands which...
Romanian Albalact Group Eyes 3% Higher Turnover In 2015
Romania’s largest dairy business Albalact (ALBZ.RO) eyes a 419 million lei turnover in 2015, up 2.7% compared with RON408 million a year before.
SIF Banat-Crisana Dismissed SAI Muntenia Invest’s President
Romanian regional investment fund SIF Banat-Crisana (SIF1.RO), which majority owns SAI Muntenia Invest, decided in stockholders’ meeting September 10 to dismiss Mariana Dinu from the positio...
Carpatica Asig’s Head Reassures About Financial Recovery Solution By Yearend
Carpatica Asig, controlled by businessman Ilie Carabulea, currently under financial recovery, will find a solution by yearend at the problems identified by Romania's Financial Supervisory Au...
Radisson Hotel Owner Sells Cina Building, A EUR4M Deal
Romanian company Bucuresti Turism (BUTU.RO), which operates Bucharest’s five-star hotel Radisson Blu, is selling the Bucharest based building hosting the restaurant Trattoria Il Calcio as we...
Amway Romania Sales Seen Flat On Year In 2015
Direct sales company Amway Romania expects its sales are similar on the year in 2015, at around 76.5 million lei, but down 35% compared with 2009.
Wine Maker Liliac Premium Doubles Turnover In 1H
Romania’s amb Wine company, producer of premium wine brands Liliac and Crepuscul, posted a turnover of 1.4 million lei in the first semester, double compared with the same period a year befo...