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Manuela Panescu

Fields
Capital Market, Companies, Banks-Insurance
Writing for ZF since
2012
Articles
1.453
Hidroelectrica Resumes Bid For Plant Technological Upgrade, A EUR110M Project
Energy

Hidroelectrica Resumes Bid For Plant Technological Upgrade, A EUR110M Project

Romania’s insolvent energy producer Hidroelectrica resumed the international bid for the technological upgrade of Stejaru plant in the northeastern county of Neamt, a project of EUR110 milli...

Manuela Panescu · 11.12.2012 · 17:38 · 1 min
Leu Closes Down Vs Euro, Touches 4.54 Units
Capital Market

Leu Closes Down Vs Euro, Touches 4.54 Units

Romania’s leu closed weaker against the euro on Tuesday, touching a day’s low at 4.5450 units, some dealers suspecting hard euro demand came from importing companies.

Manuela Panescu · 11.12.2012 · 17:08 · 1 min
Administration Of Navigable Canals Aims To Assign Over RON720M Upgrade Works
Social/Politics

Administration Of Navigable Canals Aims To Assign Over RON720M Upgrade Works

Romania’s Administration of Navigable Canals aims to assign upgrade works between 722.2 million lei (EUR159.4 million) to RON866.6 million, VAT excluded.

Manuela Panescu · 11.12.2012 · 16:29 · 1 min
Bucharest Stocks End Slightly Down, Amid Average Liquidity
Capital Market

Bucharest Stocks End Slightly Down, Amid Average Liquidity

The Bucharest stock exchange ended slightly down Monday, amid average traded values mainly ensured by Fondul Proprietatea (FP.RO) and SIF Transilvania (SIF3.RO).

Manuela Panescu · 10.12.2012 · 17:32 · 1 min
ING Bank Romania To Grant Household Mortgage Loans Only In Lei As Of 2013
Banks-Insurance

ING Bank Romania To Grant Household Mortgage Loans Only In Lei As Of 2013

ING Bank Romania will grant household mortgage loans only in lei as of January 1, 2013, due to the risk of taking a loan in foreign currency while people’s income is earned in local currency...

Manuela Panescu · 10.12.2012 · 16:02 · 1 min
Bucharest Housing Demand: Two-Room Apartments, Costing Less Than EUR60,000
Real Estate

Bucharest Housing Demand: Two-Room Apartments, Costing Less Than EUR60,000

The major criteria in looking for a new home in Romania’s capital city Bucharest are the price and the completion stage, with the neighborhood or area having a lesser role, so that the most...

Manuela Panescu · 10.12.2012 · 14:08 · 1 min
Bucharest Stocks Open Slightly Higher In Very Low Traded Volumes
Capital Market

Bucharest Stocks Open Slightly Higher In Very Low Traded Volumes

The Bucharest stock market inched higher in early trade Monday, while the overall traded value remained low.

Manuela Panescu · 10.12.2012 · 11:11 · 1 min
Eureko Has To Pay EUR6.6M In Damages To Sibiu-based Firm
Banks-Insurance

Eureko Has To Pay EUR6.6M In Damages To Sibiu-based Firm

Dutch-held insurer Eureko has to pay EUR6.6 million in damages to a Sibiu-based company for an insurance policy covering transported goods, one of the biggest compensation payments in the hi...

Manuela Panescu · 10.12.2012 · 00:00 · 1 min
Baumit’s Head: 2012 Was The Most Difficult Year Since I Took Over
Companies

Baumit’s Head: 2012 Was The Most Difficult Year Since I Took Over

Laurentiu Lupusor, general manager of construction materials producer Baumit Romania, says 2012 was a difficult year, with low investments in construction, while political turmoil led to the...

Manuela Panescu · 10.12.2012 · 00:00 · 3 min
Winemakers Rejoice As Demand For Expensive Products Rises
Retail&Consumer

Winemakers Rejoice As Demand For Expensive Products Rises

Winemakers started December in full gear, a month that generates the highest sales of the year for them as for the entire fast moving consumer goods industry.

Manuela Panescu · 10.12.2012 · 00:00 · 4 min
Top Moldovan Dairy Business Buys Prodlacta
Retail&Consumer

Top Moldovan Dairy Business Buys Prodlacta

Jardan Lapte Company (JLC), the leading dairy company in the Republic of Moldova owned by businessman Vladimir Jardan, will acquire control of insolvent dairy producer Prodlacta Brasov (PRAE...

Manuela Panescu · 10.12.2012 · 00:00 · 1 min
About 42% Of Romanians Vote In Parliamentary Elections Sunday
Social/Politics

About 42% Of Romanians Vote In Parliamentary Elections Sunday

Almost 42% of registered voters placed their ballots by 21:00 local time (GMT1900) in Romania's Sunday parliamentary elections, according to the country's Central Electoral Bureau.

Manuela Panescu · 09.12.2012 · 23:03 · 1 min