Translator RO-EN
Manuela Panescu
- Fields
- Capital Market, Companies, Banks-Insurance
- Writing for ZF since
- 2012
- Articles
- 1.453
Car Part Manufacturers Hired More Than 2,500 People This Year
Automotive component makers continued to hire and invest this year, a trend that started in 2011, in order to develop the business on the local market.
Coca-Cola HBC’s Value Falls By EUR280M In Five Years, Profit Halves
The market value of major soft drinks bottler Coca-Cola HBC Romania, the largest soft drinks bottler on the Romanian market, was valued at EUR414 million this year, down 20% against last yea...
Unifarm To Hike Share Capital By Up To EUR1M To Buy Oncologic Drugs
Romania’s Unifarm will increase its share capital by up to EUR1 million in order to purchase oncologic drugs in a special regime, Health Minister Raed Arafat said Wednesday.
Romania OKs Higher Local Taxes, Duties By Up To 16.05% In 2013
The Romanian Government approved in Wednesday meeting an increase of local taxes and duties by up to 16.05% in 2013.
Bucharest Stocks End In The Green, Amid High Traded Values
The Bucharest stock market closed in the green Wednesday, amid high traded values mainly ensured by transactions with the five regional investment funds SIFs, Fondul Proprietatea (FP.RO) and...
Lidl Opens Store In Cluj-Napoca; Brings Romania Network To 155 Units
German retailer Lidl will open one new store Thursday in the northwestern town of Cluj-Napoca, expanding its Romanian network to 155 units.
Emerson: 2012 Was A Very Good Year For Cluj Operations
US-held Emerson has recruited about 600 people for its plants in the Tetarom II industrial park in Cluj (NW Romania), where it currently employs 1,500 people.
Builder Astaldi Eyes EUR400M Revenue In Romania In Five Years
Italian-held construction company Astaldi, which built the Basarab Overpass and the National Arena stadium in Bucharest as well as the Cernavoda-Constanta highway, expects EUR150 million rev...
RBS: Large Companies Would Rather Live With Exchange Rate Risk Than Borrow Lei At Higher Costs
The 6 percent gap between the interest rate on loans in the Romanian currency and that on loans in euros is too high for large companies, which means that even companies who do business excl...
Romania Aims To Set Up Financial Supervisory Authority By Mid-March
Romanian Premier Victor Ponta said Tuesday the draft emergency ordinance on setting up the Financial Supervisory Authority ASF will be presented Wednesday in Government meeting and will rema...
Isarescu: Florin Georgescu Returns To Central Bank
Romania’s Finance Minister Florin Georgescu will return to the Central Bank BNR at the end of the Governmental mandate, BNR governor Mugur Isarescu said Tuesday.
Conpet General Manager Resigns After Being Elected MP
The general manager of Romanian state-run oil transporter Conpet Ploiesti (COTE.RO), Nicolae Alexandri, resigned Monday after being elected deputy in Prahova county from the Ruling Coalition...