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Manuela Panescu
- Fields
- Capital Market, Companies, Banks-Insurance
- Writing for ZF since
- 2012
- Articles
- 1.453
Bucharest Stocks End Higher, Deal Transactions Lift Liquidity
The Bucharest stock exchange closed higher Wednesday, after two days of decreases, with deal transactions of BRD Societe Generale (BRD.RO) and OMV Petrom (SNP.RO) shares ensuring amost half...
New PAID Stockholders Were Written Off Minimum Capital Inflow
Romanian insurers who aim to become stockholders of mandatory home insurance companiy PAID will no longer be compelled to have an EUR250,000 minimum inflow to the company’s share capital, as...
Italy’s Policlinico di Monza To Invest Additional EUR20M In Bucharest Cardiology Hospital
Italian group Policlinico di Monza, which owns 10 private hospitals in Italy, will invest another EUR20 million over the next two or three years in its cardiology hospital opened in Buchares...
Belladonna Eyes 100 Pharmacies And EUR80M Revenue In 2013
Belladonna retail pharmacy network, held by two Romanian entrepreneurs, set out to open further 17 units in Bucharest in 2013, to a total of 100 pharmacies.
Mega Image Opens New Store In Bucharest
Retailer Mega Image, part of Belgian group Delhaize, will open a new store Wednesday in Bucharest, and plans to two more openings by end-January, which will bring its Romanian network to 195...
Bucharest Stocks End Down; Transelectrica, Transgaz Lose Almost 3%
The Bucharest stock exchange closed down Tuesday, with the shares of Transelectrica (TEL.RO) and Transgaz (TGN.RO) dropping almost 3% after the government announced intention to introduce a...
China’s Sinovel Mulls Starting Wind Turbine Production In Romania
Sinovel Wind Group Co, China's largest wind turbine producer, aims to partner up with Romanian Faur plant, held by brothers Emil and Marius Cristescu, and start production in Bucharest.
Poland’s Telbridge Enters Romanian Call-Center Market
Poland’s Telbridge will enter the Romanian call-center market by opening an office in northern Bucharest this spring, according to Jones Lang LaSalle, the company’s representative in the tra...
Allianz-Tiriac Asigurari Names New Sales, Distribution Head
Romanian insurer Allianz-Tiriac Asigurari Tuesday said it named Virgil Soncutean, former member of Allianz Group OPEX management, as the company’s sales and distribution head, instead of Ile...
Visa Card Transactions Up 23.6% In Romania In 2012
Users of Visa cards made 23.6% more transactions directly of the traders in Romania last year, accounting for 41% of all transactions, while the amount spent increased 23.5%, Visa Europe sai...
Elcomex Starts Goat Farm After Sale Of Wind Farm To Enel
Energy industry group Elcomex based in Constanta (SE Romania), owned by businessman Ion Grecu, will invest EUR30 million in an integrated agricultural business.
Cristina Popescu Leaves Romtelecom For Danone
Cristina Popescu, PR general manager at Romtelecom, one of the largest telecoms on the local market, has been recruited by Danone Romania, the leading dairy business in the country.