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Manuela Panescu

Fields
Capital Market, Companies, Banks-Insurance
Writing for ZF since
2012
Articles
1.453
Italian Group Finalizes EUR40M Investment In 140-Bed Hospital In Bucharest
Companies

Italian Group Finalizes EUR40M Investment In 140-Bed Hospital In Bucharest

Italian group Policlinico di Monza, which owns 10 private hospitals in Italy, has finalized a EUR40 million investment in a 140-bed hospital in Bucharest, with the unit already being operati...

Manuela Panescu · 30.10.2012 · 00:00 · 1 min
Romanian Outsourcing Sector Hired 11,000 Employees In Past Five Years
Companies

Romanian Outsourcing Sector Hired 11,000 Employees In Past Five Years

Outsourcing companies in Romania have hired over 11,000 people since 2008, with the total number of employees in the sector exceeding 30,000, but the legislation has not encouraged companies...

Manuela Panescu · 30.10.2012 · 00:00 · 2 min
Social/Politics

Senate Approves Own Budget Draft For 2013

The Romanian Senate approved Monday its own budget draft for 2013, which envisages expenditures of over 107,000 thousands lei, as well as the acquisition of over 150 vehicles for the members...

Manuela Panescu · 29.10.2012 · 21:56 · 1 min
Tarom’s Recently Selected CEO Refused Position, Other Managers Sign Deal
Automotive

Tarom’s Recently Selected CEO Refused Position, Other Managers Sign Deal

Heinrich Vystoupil, recently selected to fill the position of chief executive officer of Romanian state-owned airline Tarom, did not accept the terms included in his contract and refused the...

Manuela Panescu · 29.10.2012 · 20:58 · 1 min
Fiscal Council: Romania To Reimburse EUR13B Over Next Two Years, Foreign Currency Reserves At Risk
Banks-Insurance

Fiscal Council: Romania To Reimburse EUR13B Over Next Two Years, Foreign Currency Reserves At Risk

Romania’s Central Bank and the Finance Ministry will touch a foreign debt payment peak over the next two years as they will have to pay EUR13 billion, the president of the Fiscal Council Ion...

Manuela Panescu · 29.10.2012 · 20:21 · 2 min
Companies

Socot Targu Mures 9-Month Turnover Down 45%, To RON56M

Romanian hydro-technical construction company Socot Targu-Mures (SCTO.RO) Monday said it posted a 45% lower turnover in January to September, to 56 million lei (EUR12.6 million), compared wi...

Manuela Panescu · 29.10.2012 · 18:30 · 1 min
Bucharest Stocks End Down On Low Traded Values
Capital Market

Bucharest Stocks End Down On Low Traded Values

The Bucharest stock exchange closed down Monday, with the bourse’s liquidity at low values, mainly coming from Fondul Proprietatea (FP.RO), OMV Petrom (SNP.RO) and Banca Transilvania (TLV.RO...

Manuela Panescu · 29.10.2012 · 17:33 · 1 min
Willbrook International Cuts By Up To 35% Prices Of Oxford Gardens Compound Villas
Real Estate

Willbrook International Cuts By Up To 35% Prices Of Oxford Gardens Compound Villas

Realty developer Willbrook International on Monday announced it aims to put up for sale the villas from Oxford Gardens compound at prices by up to 35% lower.

Manuela Panescu · 29.10.2012 · 15:38 · 1 min
A Quarter Of The 1,000 Leading Business People In Romania Are Expats
Companies

A Quarter Of The 1,000 Leading Business People In Romania Are Expats

Almost a quarter of the 1,000 leading executives who run the largest companies and banks on the Romanian market are foreigners, but some of those who started their mandates in the past year...

Manuela Panescu · 24.10.2012 · 00:00 · 3 min
Top Five Restaurants In Bucharest’s Old Town Make Up To EUR12M Revenue A Year
Retail&Consumer

Top Five Restaurants In Bucharest’s Old Town Make Up To EUR12M Revenue A Year

The top five restaurants in Bucharest’s Old Town generate sales of EUR10 million to EUR12 million a year, that is 5% to 7% of the business generated by this place in the center of the city,...

Manuela Panescu · 24.10.2012 · 00:00 · 2 min
The Seitans Have Two Contracts Signed For Two New Luxury Stores After Opening Brunello Cucinelli
Retail&Consumer

The Seitans Have Two Contracts Signed For Two New Luxury Stores After Opening Brunello Cucinelli

The Seitans, one of the leading players on the Romanian luxury market, will open Casadei and Kiton boutiques in Romania in the coming years, which will add to the family’s portfolio of monob...

Manuela Panescu · 24.10.2012 · 00:00 · 4 min
EP Rejects Romania’s Nominee To European Court Of Auditors
Social/Politics

EP Rejects Romania’s Nominee To European Court Of Auditors

The European Parliament on Tuesday rejected Romanian European Affairs Minister Leonard Orban, the country’s nominee to the European Court of Auditors.

Manuela Panescu · 23.10.2012 · 21:04 · 1 min