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Manuela Panescu

Fields
Capital Market, Companies, Banks-Insurance
Writing for ZF since
2012
Articles
1.453
Fomco Solar Systems Opens Photovoltaic Park In Central Romania, After EUR4.5M Investment
Energy

Fomco Solar Systems Opens Photovoltaic Park In Central Romania, After EUR4.5M Investment

Romania’s Fomco Solar Systems opened Friday the first photovoltaic park in the central county of Mures, in a EUR4.5 million investment.

Manuela Panescu · 12.10.2012 · 17:04 · 1 min
Oltchim Employees Receive Half-Wage, Meal Vouchers For August
Social/Politics

Oltchim Employees Receive Half-Wage, Meal Vouchers For August

The employees of Oltchim Ramnicu Valcea received Friday half of their back wages as well as their meal vouchers for August, according to acting trade union leader Corneliu Cernev.

Manuela Panescu · 12.10.2012 · 15:11 · 1 min
Private Healthcare Operators: New Investments Are Announced, But “Things Are Tougher” In Cities Outside Bucharest
Health

Private Healthcare Operators: New Investments Are Announced, But “Things Are Tougher” In Cities Outside Bucharest

The market of private medical services will grow at a lower rate in the coming period than in previous years and the first talks have emerged about the industry getting crowded.

Manuela Panescu · 12.10.2012 · 00:00 · 2 min
Mega Image Plans To Open Seven New Stores By Yearend
Retail&Consumer

Mega Image Plans To Open Seven New Stores By Yearend

Retailer Mega Image, part of Belgian group Delhaize, on Thursday said it plans to open seven new stores by yearend, the first being opened October 13 nearby capital city Bucharest.

Manuela Panescu · 11.10.2012 · 18:27 · 1 min
Transport Ministry Official: Sibiu-Pitesti Highway Completed In 2020
Automotive

Transport Ministry Official: Sibiu-Pitesti Highway Completed In 2020

Romania’s part of the Pan-European 4th Corridor will be completed in 2020, and the highway segment Sibiu-Pitesti will be financed with European Union funds assigned from 2014-2020 operationa...

Manuela Panescu · 11.10.2012 · 16:16 · 1 min
E&Y: Romania’s M&A Market At $900M In 1H, Up 86% On Year
Banks-Insurance

E&Y: Romania’s M&A Market At $900M In 1H, Up 86% On Year

Romania’s mergers and acquisitions (M&A) market increased 86% in value in the first semester of 2012, at $901 million, similar to the entire 2011, according to M&A Barometer survey of Ernst...

Manuela Panescu · 11.10.2012 · 15:18 · 3 min
KPMG: Proposed EU Audit Reforms Could Increase Business Costs, Reduce Audit Quality
Banks-Insurance

KPMG: Proposed EU Audit Reforms Could Increase Business Costs, Reduce Audit Quality

The proposed audit reforms put forward by the European Commission could significantly disrupt the audit market, reduce quality and generate additional costs for business, believes Michael An...

Manuela Panescu · 11.10.2012 · 00:00 · 5 min
Cojocaru, Volksbank: Trend Of Lending Is Shifting Towards Loans In Lei
Banks-Insurance

Cojocaru, Volksbank: Trend Of Lending Is Shifting Towards Loans In Lei

Lending to individuals remains frozen despite the promotional offers, so now banks are betting on loans in lei to companies.

Manuela Panescu · 11.10.2012 · 00:00 · 3 min
Bamesa Otel Came To Romania To Work With Dacia. Now It Adds Ford
Automotive

Bamesa Otel Came To Romania To Work With Dacia. Now It Adds Ford

Bamesa Otel, a joint venture established by Spain’s Bamesa and ArcelorMittal in 2005 to serve Dacia Renault, expects EUR110 million revenue this year.

Manuela Panescu · 11.10.2012 · 00:00 · 2 min
Capital Market

Former Sibex Head Reported Missing; Allegedly Ran With Clients' Money

Cristian Sima, who was dismissed Wednesday as general manager and Board chairman of Romania’s monetary and commodities exchange Sibex, could not be contacted since last Monday, while rumors...

Manuela Panescu · 10.10.2012 · 20:08 · 1 min
Romania To Set Transgaz Shares Price For Institutional Investors Based On Subscriptions
Capital Market

Romania To Set Transgaz Shares Price For Institutional Investors Based On Subscriptions

The shares price in state-run natural gas pipeline operator Transgaz Medias (TGN.RO) that Romania aims to sell to institutional investors will be settled based on subscriptions that must tou...

Manuela Panescu · 10.10.2012 · 19:03 · 1 min
Leu Ends Stronger Vs Euro, But Above 4.57 Units
Capital Market

Leu Ends Stronger Vs Euro, But Above 4.57 Units

Romania’s leu closed slightly higher against the euro Wednesday, though it returned above 4.57 versus the euro, in a session with low traded volumes.

Manuela Panescu · 10.10.2012 · 17:39 · 1 min