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Manuela Panescu
- Fields
- Capital Market, Companies, Banks-Insurance
- Writing for ZF since
- 2012
- Articles
- 1.453
Construction Sector Faces Funds Cut, Delayed Cash-ins
The major problems faced by Romanian construction sector are the funds cut for the already started projects, the high level of state arrears and the slow pace of paying the debts to entrepre...
Dacia Reconquers Paris With New Logan, Sandero And Stepway Models
Dacia has returned to the spotlight of the Paris Motor Show with its new Logan, Sandero and Stepway models.
Sales Of Domestic Solar Water Heaters Down Despite Market Potential
Sales of residential solar panels went down by as much as 20% in the first half of 2012, the worst affected being the cheaper systems.
AFI Invests EUR25M In Second Office Building In Bucharest
AFI Europe, the owner of the AFI Palace Cotroceni Bucharest, will start a EUR25 million investment in the second office building of the AFI Business Park.
Sika Ponders Whether To Buy Plant Or Build It From Scratch
Romanian subsidiary of chemical Swiss producer Sika intends to expand its operations either through a takeover or a greenfield investment, after boosting its turnover 30-fold in its ten-year...
Eximbank Changes Management
The Romanian Government Thursday decided to replace the president of state-run lender EximBank, Ionut Costea, with Traian Halalai, currently deputy manager at Banca Romaneasca.
European Commission Classifies 13 Infringement Procedures Vs Romania
The European Commission decided Thursday to classify 13 infringement procedures against Romania, while a number of 42 such actions are ongoing, according to Ministry of European Affairs.
TVR To Lay Off 872 Employees
The managing board of Romanian national television company SRTv decided Thursday to lay off 872 employees starting October 1, as part of the company’s economic recovery program, 90 people le...
AFI Europe Plans To Complete Three Malls, One Office Building On Short-Term
Real estate developer AFI Europe Romania plans to complete, on short-term, the shopping centers in the southern town of Ploiesti, Bucharest-based Bucurestii Noi and western town of Arad as w...
Chimcomplex Fails To Buy Oltchim’s Debt To Electrica
Romanian chemical plant Chimcomplex Borzesti (CHOB.RO), owned by businessman Stefan Vuza, has not bought the EUR150 million debt of chemical plant Oltchim Ramnicu-Valcea (OLT.RO) to state-ru...
Bucharest Bourse Ends Lower, Dragged Down By Transgaz
The Bucharest stock exchange closed down Thursday, mainly influenced by the decline of state-run natural gas pipeline operator Transgaz Medias (TGN.RO), while the overall traded value was li...
Romania Could Face EU Infringement Over Frequent Changes To Procurement Law
The European Commission might start infringement procedures against Romania over frequent changes of public procurement law, which affects the business environment and indicates a lack of le...