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Manuela Panescu

Fields
Capital Market, Companies, Banks-Insurance
Writing for ZF since
2012
Articles
1.453
Tarom’s Stance On Alleged Strike: All Flights Will Meet Schedule
Companies

Tarom’s Stance On Alleged Strike: All Flights Will Meet Schedule

Romanian state-owned airline Tarom Saturday said that all the company's flights will operate according to schedule, denying any information from the media on a possible general strike in the...

Manuela Panescu · 10.11.2012 · 00:00 · 1 min
Banks-Insurance

Ponta: Romania's 2012 Foreign Direct Investments Seen At A Year Before Level, In Best Case Scenario

The volume of foreign direct investments in 2012 will be lower or equal to a year before, at EUR1.9 billion, while the forecast for 2013 is more optimistic driven by investments in the energ...

Manuela Panescu · 10.11.2012 · 00:00 · 1 min
Capital Market

Electroputere's 9-Month Loss Halves To RON26.4M

Romanian electric engine maker Electroputere Craiova (EPT.RO) Friday said it registered losses of 26.4 million lei (EUR5.84 million) in the first nine months, halved compared with RON48.9 mi...

Manuela Panescu · 09.11.2012 · 18:40 · 1 min
Macroeconomics

Erste: New Deal With IMF Would Strengthen Investors’ Confidence

The setting up of a new agreement with the International Monetary Fund IMF would strengthen investors’ confidence during a difficult period, representing "good news" for the financial market...

Manuela Panescu · 09.11.2012 · 18:29 · 1 min
Companies

Zentiva Romania 9-Month Profit Down 22.4%, To RON32.54M

Drug producer Zentiva Romania (SCD.RO) Friday announced its profit dropped by 22.4% in the first nine months, to 32.54 million lei (EUR7.3 million), from RON41.94 million during the same per...

Manuela Panescu · 09.11.2012 · 17:56 · 1 min
Banks-Insurance

Romania May Lose EUR1.26B EU's Funds For Economic Competitiveness In 2013

Romania may lose European funds of EUR1.26 billion in 2012, through Sectorial Operational Program Increase of Economic Competitiveness (POS CCE), unless attracting eligible projects co-finan...

Manuela Panescu · 09.11.2012 · 16:25 · 1 min
Lafarge Romania 9-Month Cement Sales Up 5.9% On Year
Companies

Lafarge Romania 9-Month Cement Sales Up 5.9% On Year

Cement maker Lafarge Romania, a unit of French group Lafarge, Friday said it posted 5.9% higher cement sales in the first nine months compared with a year before, driven by a positive trend...

Manuela Panescu · 09.11.2012 · 15:23 · 1 min
Telecom Operators: Regulatory Policies, Economic Development To Play Key Role In Market Evolution
Technology &Telecoms

Telecom Operators: Regulatory Policies, Economic Development To Play Key Role In Market Evolution

The Romanian government’s regulatory policies and the economic and technological development will play a key role in the future of the local telecom industry over the next year, according to...

Manuela Panescu · 09.11.2012 · 00:00 · 3 min
Capital Market

SIF Muntenia 9-Month Revenues Two-Fold Higher On Year, To RON167.88M

Romania’s regional investment fund SIF Muntenia (SIF4.RO) reported 2.2-fold higher revenues in the first nine months, to 167.88 million lei (RON37.8 million), mainly due to the sale of the l...

Manuela Panescu · 08.11.2012 · 18:25 · 1 min
Astra Asigurari 9-Month Underwritten Premiums Down 9.4%, To RON788.7M
Banks-Insurance

Astra Asigurari 9-Month Underwritten Premiums Down 9.4%, To RON788.7M

Romanian insurer Astra Asigurari (ATRA.RO) Thursday said its underwritten premiums totaled 788.67 million lei (EUR175.33 million) in the first nine months, down 9.4% from the same period a y...

Manuela Panescu · 08.11.2012 · 18:06 · 1 min
Bucharest Bourse Ends Down, On Low Liquidity
Capital Market

Bucharest Bourse Ends Down, On Low Liquidity

The Bucharest stock market closed down Thursday, on lower traded values mainly ensures by transactions with Fondul Proprietatea (FP.RO).

Manuela Panescu · 08.11.2012 · 17:10 · 1 min
Austrian Post Takes Over Romania's Postmaster
Companies

Austrian Post Takes Over Romania's Postmaster

Austrian Post Group, the national post office services company in Austria, Thursday said it fully took over Postmaster Bucuresti, after buying the 74% it did not own in the company.

Manuela Panescu · 08.11.2012 · 13:08 · 2 min