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Manuela Panescu
- Fields
- Capital Market, Companies, Banks-Insurance
- Writing for ZF since
- 2012
- Articles
- 1.453
Fund Managers Expect 2013 To Be A “Green” Year For Bucharest Stock Exchange
Fund managers are optimistic and expect the Bucharest Stock Exchange to rise by 10-15% in 2013 amid an improvement in foreign investment sentiment over Romanian assets, as well as over more...
Casuneanu’s Sons, Belgian Investor Build 100-M Tower Near Unirea Square
The sons of Romanian entrepreneur Costel Casuneanu, Costel (29) and Ionut Casuneanu (26), owners of major construction firm Pa & Co International, will build an office tower in central Bucha...
CEO: A&D Pharma Could Reach EUR1 Billion Revenue In Two Or Three Years
A&D Pharma, the largest local pharmaceutical group, could reach EUR1 billion in consolidated revenue “in two or three years at most”, says its chief executive officer Robert Popescu.
Blue Air Cancels $462.2M Order To Buy Five Boeing Planes
Romania’s low-cost airline company Blue Air Wednesday said it annulled a $462.2 million order placed in 2008 for buying five Boeing 737 planes scheduled for delivery between 2015-2016, fuele...
Microsoft Romania Names Interim GM
Software producer Microsoft Romania Wednesday said it named Sorin Eftene, former general manager of Enterprise&Partner Group, as the company’s interim general manager instead of Ronald Binko...
Bucharest Stocks End Higher, Carpatica Shares Surge For 2nd Consecutive Day
The Bucharest stock exchange closed higher Wednesday, touching an 8-month high and with lender Carpatica (BCC.RO) closing up 13% for the second day in a row.
Government Approves Ordinance Allowing Local Authorities To Hike Taxes
The Romanian Government Wednesday approved the ordinance stating local authorities may decide whether or not to increase local taxes in 2013.
ARPIM Names Johnson&Johnson Romania’s Head As President
Romanian Association of International Drug Producers ARPIM named the head of pharmaceutical company Johnson&Johnson Romania, Efthymios (Makis) Papataxiarchis, as president in December, inste...
PM: Local Authorities Not Hiking Taxes By 16% Won’t Be Properly Compensated
The Romanian Government is set to adopt Wednesday the ordinance stating local authorities may decide whether or not to increase local taxes, Prime Minister Victor Ponta said, adding local ad...
Bank Stocks Lift Bucharest Bourse, BET Rises 1.8%
The Bucharest stock exchange closed higher Tuesday, supported by banking stocks, with lender Banca Transilvania (TLV.RO) gaining lots of attention and Carpatica (BCC.RO) closing up 15%.
Health Ministry Supports Evaluation-Based Hospital Restructuring
Romanian Health Minister Eugen Nicolaescu said Tuesday the local hospitals system should only be restructured based on analyses and complex evaluations, as 75% of hospitals have been closed...
Investment Fund Palmer Capital Emerging Europe Equity Sells Remaining Stake In Cemacon
Dutch investment fund Palmer Capital Emerging Europe Equity, former MEI Roemenie&Bulgarije Fonds, sold its remaining stake of 7.5% in Romanian brick maker Cemacon (CEON.RO) on the Bucharest...