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Manuela Panescu
- Fields
- Capital Market, Companies, Banks-Insurance
- Writing for ZF since
- 2012
- Articles
- 1.453
Romanian Parliament OKs Pension Hike
The Romanian Chamber of Deputies adopted Tuesday the emergency ordinance on amending the public pensions system, which sets the pension point value to 762.1 lei (EUR175) in 2013.
SAP Romania Revenue Up 40% In 2012, To EUR23M
Business software solution provider SAP Romania Tuesday said it registered revenue of EUR23 million in 2012, up 40% from a year before.
Drugmaker Antibiotice Sees 17% Higher Exports In 2013, After FDA Audit
Romanian state-run drug producer Antibiotice Iasi (ATB.RO) forecasts 17% higher exports in 2013 from $20 million in 2012, fueled by expanded partnerships on the US market as well as on other...
Belgian Businessman Teams Up With Casuneanu To Build Office Tower
According to information emerged on the real estate market early this year, a new project of a 17-floor office tower will be built close to Bucharest’s Unirii Square.
Analysts Have Different Stance On Whether To Buy Petrom Shares Or Not
The analysts of Austrian group Erste Bank (EBS) have changed their opinion on the shares of oil company OMV Petrom (SNP.RO) after the Government announced it would levy tax on the additional...
Medicover Expects Hospital Revenue To Double In 2013
Medicover, one of the largest operators in the private medical service business expects revenue for its hospital in Bucharest to “at least” double this year compared with 11.7 million (EUR2....
Bucharest Stocks Close Down, Liquidity At 4-Month Low
The Bucharest stocks closed down Monday, with the liquidity touching a four-month low, and the shares of state-run chemical plant Oltchim Ramnicu Valcea (OLT.RO) were down 15% for the third...
Property Taxes To Grow For Commercial Spaces
The Romanian Government had pledged to the International Monetary Fund to change the calculation method of tax on property by July, which will be set based on the destination and not as diff...
Romanian Life Insurance Market Seen Almost Flat In 2013
Romania’s life insurance market is seen flat or up a mere 2% in 2013, mainly depending on the quality and performance of insurers' sales teams.
A 27.12% Stake In Comcereal Tulcea Traded On Bucharest Bourse For RON4.75M
A 27.12% stake in Romanian grain producer Comcereal Vaslui (CCEV.RO), similar to the stake held by investment fund SIF Moldova (SIF3.RO), was traded on the Bucharest bourse Monday morning fo...
Bucharest Bourse Down In Early Trade, Oltchim Continues Slump
The Bucharest stock market was down in early trade Monday, with the shares of state-run chemical plant Oltchim Ramnicu Valcea (OLT.RO) falling steeply for the third consecutive day after the...
Leu Trades Above 4.38 Units Vs Euro
The Romanian leu opened lower against the euro on Monday morning, trading above 4.38 units and staying in line with the weakening trend of regional currencies.