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Manuela Panescu
- Fields
- Capital Market, Companies, Banks-Insurance
- Writing for ZF since
- 2012
- Articles
- 1.453
Premier Names Adrian Volintiru As AVAS Head Instead Of Marius Lucian Obreja
Premier Victor Ponta replaced Friday Marius Lucian Obreja from the position of president of the Romanian Privatization Authority AVAS with Adrian Volintiru, former manager with Rompetrol, Re...
Basescu: It’s Time To Resume Gold Or Copper Mining Exploitation
President Traian Basescu said Friday evening "it’s time" to resume gold or copper surface mining exploitation in order to create new job opportunities.
Basescu: Romania Re-Allowing Public Institutions To Buy Cars Inopportune
President Traian Basescu said Friday the Romanian Government’s decision re-allowing the institutions and public authorities to purchase cars of up to EUR18,000 threshold is "one of the unins...
Borza: There Are In Fact 500 “Smart Guys” At Hidroelectrica
Money has been sucked out of Hidroelectrica through 500 overvalued commercial contracts, and the company’s ten contracts for selling electricity were only the tip of the iceberg.
Law Firm: Banks Will Get Rid Of “Skeletons” When New Projects Turn Profitable
Francisc Peli, founding partner of law firm PeliFilip and one of the most respected lawyers on the real estate segment, says management activities currently occupy 80% of his time.
M&A Market May End Better Than It Started In 2012
The mergers & acquisitions market has seen about 40 deals worth approximately one billion euros so far this year, with the three most important deals amounting to EUR350 million, according t...
Hidroelectrica Sells EUR22.4M Worth Of Electricity
Romania’s insolvent power producer Hidroelectrica Thursday sold 101.6 million lei (EUR22.4 million) worth of electricity on the local market OPCOM, energy exchange data showed.
Transelectrica Names New Provisory Surveillance Council
The stockholders of Romanian state-run power grid operator Transelectrica (TEL.RO) chose Thursday a new provisory Surveillance Council CS, which includes the former minister delegate for Bus...
UniCredit Leasing Sees 17% Higher Sales In 2012, To EUR220M
Romania’s UniCredit Leasing estimates it will grant financing worth EUR220 million in 2012, up 17% from a year before, and forecasts a 10% growth for 2013, the company’s chief executive offi...
Cocor Loss Widens To RON10.5M In First 9 Months
Shopping center Cocor Bucuresti (COCR.RO) reported a loss of 10.5 million lei (EUR2.31 million) in the first nine months, double from RON5 million during the similar period of 2011.
Mechel Campia Turzii Net Loss Widens To RON82.1M In Jan-Sep
Romanian steel works Mechel Campia Turzii (INSI.RO) Thursday said its net loss widened to 82.1 million lei (EUR18.1 million) in the first nine months, from RON69.3 million in the same period...
Small Renewable Energy Producers May Choose State Aid Different From Green Certificates
Romania’s small renewable energy producers could choose a different state aid from the green certificates mechanism, which could lead to lower prices to end-consumers.