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Manuela Panescu
- Fields
- Capital Market, Companies, Banks-Insurance
- Writing for ZF since
- 2012
- Articles
- 1.453
Bucharest Stocks End Higher, For 3rd Consecutive Day
The Bucharest stock exchange closed up 0.82% Friday, for the third day in a row, touching the highest level in the past 10 months, with liquidity mainly lifted by deals with shares of Fondul...
Romanian Transport Ministry May Invest Over EUR3B In 2013, Including EU Funds
Romanian Transport Ministry may invest over EUR3 billion in 2013, including European Union funds, minister Relu Fenechiu said Friday.
Three CNADNR Heads Dismissed Over Management Flaws
Three managers with Romanian national roads authority CNADNR were dismissed Thursday over management flaws, especially regarding the reaction to the weather effect upon the traffic on Buchar...
Bucharest Stocks End Higher, Deals Lift Liquidity
The Bucharest stock exchange closed higher Thursday, reversing trend just a few minutes before closing bell, amid low traded volumes and with trades with the shares of OMV (SNP.RO), Fondul P...
Hidrosind: Hidroelectrica Employees To Protests Next Week Against Illegal Layoffs
The unionists with Hidrosind said Thursday the layoffs at Romanian insolvent energy producer Hidroelectrica breach the collective labor contract, and threaten with court actions and protests...
Pharma Producers Focused On Exports To Offset Losses
Romanian medical drugs producers have focused on exports during the last years, which increased by 40% in 2012 and are seen up 25% in 2013, to offset the deterioration of local operations st...
Leu Sets Below 4.33 Units Vs Euro In Early Trade
Romania’s leu traded below 4.33 units against the euro in early action Thursday, amid high liquidity and with foreign investors being the major buyers of leu currency.
Bucharest Bourse Opens Higher, OMV Petrom Deal Lifts Liquidity
The Bucharest stock market opened up Thursday, amid high traded volumes lifted by a deal with a 0.06% stake in OMV Petrom (SNP.RO), worth 17.8 million lei (EUR4.11 million).
Italo-Romena Bank Buys Its Headquarters For EUR17M
The Italo-Romena Bank, controlled by Italian group Veneto Banca, bought the Nova Building office building in December, where it has been headquartered since 2008, in a EUR17 million deal, ac...
Tavares, Renault: Dacia Is 10 Years Ahead Of Competition
Dacia brand with its entry-level model Logan need to remain competitive and keep the almost ten-year advance over competition, says Renault’s chief operating officer.
ANRE: Romania To Hike Gas Prices For Companies By 5% Come February 1
The price of natural gas for industrial consumers will increase by 5% as of February 1, as part of a measure undertaken in the stand-by agreement with the International Monetary Fund IMF and...
Government Assigns 60 Tons Diesel Fuel From State Reserves
The Romanian Government approved in Wednesday session to allot an emergency aid from the state reserve consisting of 60 tons of diesel fuel to the population in the eastern counties of Botos...