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Manuela Panescu
- Fields
- Capital Market, Companies, Banks-Insurance
- Writing for ZF since
- 2012
- Articles
- 1.453
Bucharest Stocks Open Up, On Improved Trading Values
The Bucharest stock market rose in early trade Thursday, and the bourse’s liquidity was higher than in recent sessions, amid deals with 10.5% of Carbochim (CBC.RO) shares and interest for th...
Romanian Mutual Fund Market Grows Despite Negative European Development
The Romanian mutual fund market became a European performer with net inflows of EUR86 million in the third quarter, while mature markets such as France, Spain and Italy lost billions of euro...
CA Immo’s Office Space Is 99% Rented
Austria’s CA Immo, which owns four office complexes in Bucharest with a lettable area of 104,000 square meters, has kept its buildings 99% occupied after renegotiating and extending contract...
Mobexpert Tries To Persuade Customers To Buy Romanian Products
Businessman Dan Sucu, owner of the Mobexpert group, says he tries to manufacture the furniture and decorations he sells in his stores in Romania as much as possible and resort to imports onl...
Health Ministry Speeds Up Scarce Drugs Acquisition Procedure
Romania’s Health Ministry aims to speed up the acquisition and discount procedure of the drugs difficult to procure, secretary of state Alexandru Rafila said Wednesday.
Bucharest Bourse Ends In Red, Petrom Deal Lifts Liquidity
The Bucharest stock market closed down Wednesday, with the traded value lifted by deals with 0.4% stake in oil company OMV Petrom (SNP.RO).
European Commission Resumes Payments For Romania’s SOP Environment
The European Commission decided Wednesday to resume the payments for Romania’s Sectorial Operational Programme-Environment, which had been blocked in July, the EC’s local unit said in a stat...
Tenaris Group Plans To Invest Up To EUR90M In Romanian Unit Expansion In 2013
The Tenaris group, one of the world’s largest producers of pipes, wants to invest EUR80-90 million next year into expanding its facilities in Romania, says Gabriel Podskubka, head of Eastern...
UK’s Investment Fund Spearhead International Owns 18,000 Ha Of Farmland In Romania
British investment fund Spearhead International, a very discreet player in the Romanian business world, has bought 3,000 ha of land in the southern Romanian county of Dolj, now owning a tota...
Insurance Claims Up 12%, Premiums Flat In January-September
The members of the National Union of Insurance and Reinsurance Companies in Romania (UNSAR) settled 3.2 billion lei (EUR710 million) general insurance claims in the first nine months, up 12%...
Cemacon Head: Construction Materials Market Won’t Rise In 2013
Romanian construction materials market for real estate compound development will not increase in 2013 either, as there is no reason for a positive flow, according to Liviu Stoleru, general m...
Posta Romana’s Ex-General Manager Mihai Toader Gets Six Years In Prison
The Bucharest Court on Tuesday sentenced Mihai Toader, former general manager with Romania’s national postal company Posta Romana, to six years in prison in the file on the post office’s lan...