Translator RO-EN
Manuela Panescu
- Fields
- Capital Market, Companies, Banks-Insurance
- Writing for ZF since
- 2012
- Articles
- 1.453
Bucharest Bourse Ends Down, Oltchim Shares Fall 15%
The Bucharest stock exchange closed lower Wednesday, in quiet market, with the shares of chemical company Oltchim Ramnicu Valcea (OLT.RO) down almost 15% after failure of the privatization p...
Survey: Romanian Institutional Investors Want Shares In IT, Agriculture Companies
Romanian institutional investors may take part in the listing offers of companies with reduced representation on the Bucharest Stock Exchange, such as the IT, agriculture, retail, and food&b...
Basescu Appoints Victor Ponta As Interim Health Minister
Romanian president Traian Basescu named Wednesday Premier Victor Ponta as interim health minister through presidential decree.
Wizz Air To Charge EUR10 For Large Carry-On Luggage
Romania’s low-cost airline company Wizz Air will take a EUR10 fee for hand luggage larger than 42x32x25 centimeters, the company told a news conference Wednesday.
UniCredit: Exports Revival Could Prevent Recession In 2012
Romania could prevent recession in the second half of 2012 and meet the budget deficit target of 2.2% of the gross domestic product GDP only through a boost of foreign demand, considering th...
Almost 1% In Proprietatea Fund Traded On Bucharest Bourse
Four stakes representing 0.97% in Romanian investment fund Fondul Proprietatea (FP.RO) were traded Tuesday on the Bucharest Stock Exchange in only 8 minutes, for 70 million lei (some EUR15.5...
Christian Tour Takes Over Europa Travel, Bibi Touring Tourism Agencies
Romanian tour-operator Christian Tour took over Europa Travel and Bibi Touring tourism agencies, planning to launch low cost vacations and domestic destinations packages, the company’s owner...
Regina Maria Opens Hospital In EUR7M Investment
Romanian private healthcare service provider Regina Maria, owned by private equity firm Advent International, Tuesday said it opened the first private hospital on the local market exclusivel...
Verbund: Romania Doesn’t Offer Best Conditions For Renewable Energy Investments
Romania does not currently offer the best conditions for investments in renewable energy, due to delays of state-owned companies in building energy production units and political instability...
Survey: Romania’s Masonry Products Volumes Down 11% In 1H
Sales of masonry products in Romania decreased 11% by volume in the first half of 2012 compared with the same period a year ago, due to unfavorable weather conditions and lower number of new...
Manager: ADM Farm Should Become A Top-5 Distributor By End-2014
Octavian Iacob, executive manager of drug distributor ADM Farm, says in the first six months of the year the company is in line with budget figures, so the 2012 financial year could end with...
Top Ten Private Universities Make EUR121 Million Revenue A Year
An analysis of the balance sheets of Romania’s ten largest private universities shows that they made EUR121 million in revenue from the tuition and other fees paid by their students.