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Manuela Panescu
- Fields
- Capital Market, Companies, Banks-Insurance
- Writing for ZF since
- 2012
- Articles
- 1.453
UTI Group Makes Structure Changes To Prepare Listing On Regional Stock Exchange
Several companies in the UTI group have merged into one group this year – UTI Grup Romania - in order to prepare the company’s listing on a regional stock exchange, which is set to take plac...
Flydubai Starts Romanian Operations, Wants 7 Flights Per Week
Ghaith al Ghaith, CEO of flydubai, the low-cost airline of the Dubai emirate, which on Monday entered the Romanian market with three weekly flights on the Bucharest-Dubai route, says the com...
Kenvelo Plans To Open 10 Timeout Stores By Easter
The Kenvelo group, with a chain of more than 70 Kenvelo, Lee Cooper and Tom Tailor stores in Romania, is also developing the US TimeOut brand on the local market.
Premier: Romania Acknowledges Annulment Of Oltchim Bid, Sale Failure
The Romanian Government acknowledged the annulment of the auction regarding the sale of the state-owned stake in chemical plant Oltchim Ramnicu Valcea (OLT.RO) and the failure of the privati...
Health Minister Vasile Cepoi Steps Down
Romanian Health Minister Vasile Cepoi resigned from his position Monday and sub-secretary of state Raed Arafat has agreed to take over his duties and attributions.
Bucharest Bourse Ends Higher, But Traded Values Touch New Lows
The Bucharest stock exchange closed higher Monday, amid the lowest turnover in the last 17 months.
Leu Closes Higher Vs Euro, Amid Alleged Central Bank Intervention
Romania’s leu gained ground against the euro Monday, ending at 4.5218/4.5231 units, dealers suspecting a central bank intervention.
Romania To Put Oltchim Under Voluntary Liquidation Unless Sale Succeeds
The Romanian Government pledged to put chemical company Oltchim (OLT.RO) under voluntary liquidation unless the privatization succeeds in the agreement with the International Monetary Fund.
Carrefour Signs Lease Agreement In Korona Mall, Brasov
French group Carrefour Monday signed an agreement concerning a 8,500-square meter leasing area in Korona entertainment and shopping centre in the central town of Brasov, developed by Polish...
Romania May Reintroduce Vacation Vouchers In 2013
Romania may reintroduce vacation vouchers in 2013 and state companies and institutions would be compelled to grant a maximum 3.600 lei (EUR800) voucher per employee, according to a measure u...
Bucharest Bourse Ends Slightly Down, Eyes On Financials
The Bucharest stock exchange closed slightly down Friday, with the overall turnover lifted by trades with shares of SIF Oltenia (SIF5.RO) and Fondul Proprietatea Fund (FP.RO).
EU: Romania Lacks Vision, Strategy For 2014-2020 Budget
The Romanian Government process on drafting the budget for 2014 to 2020 is not suitable, lacks vision and strategy, failing to take into consideration the European Commission’s recommendatio...