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Manuela Panescu
- Fields
- Capital Market, Companies, Banks-Insurance
- Writing for ZF since
- 2012
- Articles
- 1.453
Bucharest Stocks End Higher, Amid Low Liquidity
The Bucharest stock exchange closed higher Wednesday, in low liquidity.
Romania's EU Fund Absorption Rate At 11.47% In December
Romania's cohesion and structural fund absorption increased to 11.47%, or EUR2.204 billion, at the end of December 2012, from 9.72% in the previous month, in terms of payments from the Europ...
German Conergy Opens Photovoltaic Park In Southern Romania
Germany’s Conergy Wednesday said it will enter the Romanian market by opening a photovoltaic park of 2.2 MW near the southern city of Craiova, in partnership with Solanna Investment.
Treichl, Erste Head: BCR Will Have Profit Target In 2013
The budget of Romania’s largest bank BCR in 2013, which is set to be approved by the General Shareholders’ Meeting on January 23rd, provides for a profit at the end of the year, although the...
Bucharest Stocks End Down, Second Time In Last 20 Sessions
The Bucharest stock exchange closed lower Tuesday, for the second time in the last 20 sessions, while lender Carpatica (BCC.RO) mirrored the market trend and ended down 0.87% after the incre...
Constantin: Romania May Cut VAT On Bread To 9% In H2
Romania’s Government wants to apply a pilot-project to lower VAT on bread from 24% to 9% as of the second half of 2013, aiming to reduce the tax evasion, Agriculture minister Daniel Constant...
Fondul Proprietatea’s Profit At RON567M In 2012, Up 4.2% On Year
Romanian investment fund Fondul Proprietatea (FP.RO) registered a net profit of 566.98 million lei (EUR127 million) in 2012, up 4.2% from RON543.82 million a year before.
Leu Opens Flat Vs Euro, In Quiet Market
The Romanian leu opened flat against the euro on Tuesday morning, in a quiet market, touching an early low at 4.3935 units.
Bucharest Bourse Opens Down Amid Low Liquidity
The Bucharest stock market opened lower Tuesday, amid low traded volumes.
Owner Of Zara Makes 8 Million Clothes And Footwear In Romania
Inditex, the world’s largest fashion group, produces over eight million clothing and footwear items under contract in Romania per year, i.e. 1% of its production worldwide.
Cluj Authorities Are In Advanced Talks With A Company Aiming To Invest EUR1B And Hire 5,000 People
Cluj County Council says it is in advanced talks with a multinational company that plans to invest EUR1 billion in a production facility in industrial park Tetarom III in Jucu (Cluj county),...
Bucharest Stocks End Higher, Lender Carpatica Resumes Growth
The Bucharest stock exchange closed higher Monday, with lender Carpatica (BCC.RO) ending up over 10% after the decrease during the last two sessions when some of the investors marked up thei...