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Manuela Panescu
- Fields
- Capital Market, Companies, Banks-Insurance
- Writing for ZF since
- 2012
- Articles
- 1.453
Bucharest Stocks End Down, No Reaction To GDP Data
The Bucharest stock market closed in the red Thursday, with the main investment funds covering most of the total traded value, in an apathetic market that showed no reaction to the economic...
Alro Wants $28M Loan For Working Capital
Romanian Alro Slatina (ALR.RO), the largest aluminum smelter in southeast Europe, will discuss in stockholders meeting December 18 on taking a nearly $28 million loan from Raiffeisen Interna...
Hunedoara Energy Holding Wants State Guarantees For EUR300M Loans
Romania’s Hunedoara energy holding Thursday said it is negotiating with state-run lender EximBank and the Economy Minister, the power producer's majority stockholder, a state guarantee for l...
Romania’s Leasing Market Seen Up To 15% Higher In 2013
Romanian leasing market may see a growth between 10% to 15% in 2012, from EUR1.35 billion expected in 2012, only if the the economy revives and investors regain their confidence, according t...
COMCM Constanta 9-Month Sales Slide 32%, RON15M
Romanian building materials producer COMCM Constanta (CMCM.RO) Thursday reported a 32% decline in sales to 15 million lei (EUR3.4 million) in the first nine months, from roughly RON22.2 mill...
Three Builders With EUR185M In Revenue Under Insolvency
Confort, Euroconstruct and N.M.Construct, the largest construction companies by revenue in Timis County, Western Romania, went insolvent this year.
UniCredit: Companies Ask For Euros, We Give Them Euros
Demand for corporate loans is in euros, and UniCredit Tiriac Bank continues to grant loans in foreign currency because it has the necessary resources to do that and believes it is difficult...
Intercontinental Hotel 9-Month Loss At RON3.6M
Compania Hoteliera Intercontinental Bucuresti (RCHI.RO), which manages the Intercontinental hotel in Bucharest, reported a loss of 3.6 million lei (EUR793,000) in the first nine months of 20...
Bucharest Stocks End Almost Flat, Traded Values Stay Low
The Bucharest stock market closed slightly lower Wednesday, with SIF Transilvania (SIF3.RO), Fondul Proprietatea (FP.RO) and OMV Petrom (SNP.RO) still covering most of the total traded value...
Romania’s Public Institutions Re-Allowed To Buy Cars
The Romanian Government re-allowed the institutions and public authorities to purchase cars regardless of the cash-for-clunkers program, the vehicles being compelled to have an engine of max...
NEPI’s 9-Month Profit Doubles To Almost EUR20M
South African realty investments fund New Europe Property Investments (NEPI) Wednesday said its profit attributable to equity holders totaled EUR19.9 million in the first nine months, over t...
Adrian Andrici Hikes Stake In Impact To 10.7%
Businessman Adrian Andrici bought Thursday a 1.44% additional stake in Romanian realty developer Impact Developer&Contractor (IMP.RO), widening its total owned interest in the company to 10....