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Manuela Panescu

Fields
Capital Market, Companies, Banks-Insurance
Writing for ZF since
2012
Articles
1.453
Capital Market

Chimcomplex 9-Month Revenues Up 5% To RON154.3M

Romanian chemical plant Chimcomplex Borzesti (CHOB.RO) on Monday reported revenues of 154.3 million lei (EUR34.13 million) in the first nine months of 2012, up 5.7% compared with RON146 mill...

Manuela Panescu · 12.11.2012 · 18:35 · 1 min
Bucharest Stocks End Down, In Low Traded Values
Capital Market

Bucharest Stocks End Down, In Low Traded Values

The Bucharest stock market closed down Monday, amid traded values much lower than Friday, when special deals lifted the bourse’s liquidity to a 21-month high.

Manuela Panescu · 12.11.2012 · 17:30 · 1 min
Court Approves Adevarul Holding's Insolvency Request
Media

Court Approves Adevarul Holding's Insolvency Request

Romanian Bucharest Court approved Monday the general insolvency procedure of Adevarul Holding, which owns several magazines, tabloids or newspapers, including Adevarul daily.

Manuela Panescu · 12.11.2012 · 16:31 · 1 min
Social/Politics

Number Of Romanian Families Getting Social Aid Increased This Year

The number of the Romanian families getting social aid was 2.1% higher in January-September compared with the same period a year before, according to an analysis of the Labor Ministry.

Manuela Panescu · 12.11.2012 · 15:41 · 1 min
Banking System Still On Loss In 3Q
Banks-Insurance

Banking System Still On Loss In 3Q

The 41 banks in Romania posted an overall loss in the first nine months of this year, although the results represent an improvement on the EUR192 million-loss recorded in the first half of t...

Manuela Panescu · 12.11.2012 · 00:00 · 2 min
Bucharest’s Barbu Vacarescu-Floreasca Area May Turn Into New “City” Or A “Corporate Gridlock”
Real Estate

Bucharest’s Barbu Vacarescu-Floreasca Area May Turn Into New “City” Or A “Corporate Gridlock”

Bucharest could have a new modern business center in the Barbu Vacarescu-Floreasca area, which could turn into an area to be avoided by drivers because of heavy traffic.

Manuela Panescu · 12.11.2012 · 00:00 · 4 min
Government: Constructors Don’t Have Enough Employees Or Equipment To Continue Work
Companies

Government: Constructors Don’t Have Enough Employees Or Equipment To Continue Work

Construction work on highways and national roads is late because construction companies don’t have enough personnel and equipment for their projects, according to an analysis of the Prime Mi...

Manuela Panescu · 12.11.2012 · 00:00 · 2 min
New Logan, Renault’s EUR10B Bet
Automotive

New Logan, Renault’s EUR10B Bet

The second generation of the low-cost model initially designed for emerging markets in Eastern Europe and North Africa, Logan, will account for one third of Renault’s annual production of 2....

Manuela Panescu · 12.11.2012 · 00:00 · 2 min
Protruck Center Seeks Strategic Investor
Automotive

Protruck Center Seeks Strategic Investor

Protruck Center, a dealer of Iveco commercial utility vehicles and New Holland construction equipment in Romania, is considering bringing a strategic investor onboard, said the company’s maj...

Manuela Panescu · 12.11.2012 · 00:00 · 1 min
Who Left And Who Stayed In Romania’s Fashion Retail Business
Retail&Consumer

Who Left And Who Stayed In Romania’s Fashion Retail Business

The local fashion retail is radically different than it was three years ago as a result of the difficult economic environment and of the many changes of market actors.

Manuela Panescu · 12.11.2012 · 00:00 · 3 min
EC Report: 98% Of EU’s Funds Absorbed By Romania In 2011 Suspected Of Fraud
Social/Politics

EC Report: 98% Of EU’s Funds Absorbed By Romania In 2011 Suspected Of Fraud

The bulk or EUR505 million or a total of EUR515 million European Union’s funds absorbed in 2011 are suspected of fraud, said Catalin Ivan, the head of the Social Democratic PSD eurodeputies...

Manuela Panescu · 11.11.2012 · 15:59 · 1 min
Banks-Insurance

Romania Mulls Outsourcing Evaluation, Development Operations Of EU's Projects

The Romanian Government aims to outsource the evaluation and development operations of the European Union’s-funded projects, Premier Victor Ponta said Saturday.

Manuela Panescu · 10.11.2012 · 17:56 · 1 min