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Manuela Panescu

Fields
Capital Market, Companies, Banks-Insurance
Writing for ZF since
2012
Articles
1.453
Companies

AVAS Takes Under Administration Aversa’s Debts

Romanian privatization authority AVAS will take under administration the debts managed by the country’s fiscal watchdog ANAF over pump factory Aversa, under bankruptcy, according to a legisl...

Manuela Panescu · 26.09.2012 · 16:08 · 1 min
Ponta Asks Economy Minister To Draft Special Administration Strategy At Oltchim
Energy

Ponta Asks Economy Minister To Draft Special Administration Strategy At Oltchim

Romanian Premier Victor Ponta Wednesday asked economy minister Daniel Chitoiu to draft the Government backup strategy by Monday deadline of signing the Oltchim (OLT.RO) sale deal by the winn...

Manuela Panescu · 26.09.2012 · 14:48 · 1 min
Bucharest Bourse Ends Higher, Traded Value Falls To 3-Week Low
Capital Market

Bucharest Bourse Ends Higher, Traded Value Falls To 3-Week Low

The Bucharest stock exchange closed higher Tuesday, with most investors in waiting mode, which dragged the traded value to a 3-week low.

Manuela Panescu · 25.09.2012 · 17:22 · 1 min
Competition Pulls Private Healthcare Services Costs Down, Number Of Patients Rises
Health

Competition Pulls Private Healthcare Services Costs Down, Number Of Patients Rises

Romania’s private healthcare services got cheaper while the number of clients increased over fierce competition in this sector, Fady Chreih, chief executive of medical services provider Regi...

Manuela Panescu · 25.09.2012 · 16:11 · 1 min
Oltchim Employees To Resume Protests Wednesday
Energy

Oltchim Employees To Resume Protests Wednesday

The employees of Romanian chemical plant Oltchim Ramnicu-Valcea (OLT.RO) will resume protests Wednesday over unpaid wages from August and the halt in the company's operations.

Manuela Panescu · 25.09.2012 · 13:35 · 1 min
Investors In Poland, Czech Republic Interested In CFR Marfa Sale
Automotive

Investors In Poland, Czech Republic Interested In CFR Marfa Sale

Companies from Poland and the Czech Republic showed interested in taking over railway freight carrier CFR Marfa, while several Romanian transport companies are also expected to bid for the s...

Manuela Panescu · 25.09.2012 · 13:33 · 1 min
Leu Gains Ground Vs Euro In Early Trade, Touches 4.51 Units
Capital Market

Leu Gains Ground Vs Euro In Early Trade, Touches 4.51 Units

The Romanian leu gained ground versus the euro in early trade Tuesday, touching 4.51 units in the first trading hour, in a quiet market and with very low traded volumes.

Manuela Panescu · 25.09.2012 · 11:14 · 1 min
Bucharest Stocks Open Up, Recoup Previous Day Loss
Capital Market

Bucharest Stocks Open Up, Recoup Previous Day Loss

The Bucharest-listed shares opened slightly higher Tuesday, recouping part of Monday’s loss, though most of investors were absent from trading.

Manuela Panescu · 25.09.2012 · 10:54 · 1 min
Ghetea: SME’s Foreign Currency Lending Could Be Conditioned On Foreign Currency Resources
Banks-Insurance

Ghetea: SME’s Foreign Currency Lending Could Be Conditioned On Foreign Currency Resources

The new regulation on foreign currency lending to small and medium-sized enterprises (SMEs) could condition borrowing in hard currency by obtaining revenue in the said currency.

Manuela Panescu · 25.09.2012 · 00:00 · 2 min
Capital Market

Two Sibex Stockholders Ask New Meeting To Revoke Managers

Two stockholders of Romania’s monetary and commodities exchange SIBEX Monday asked for a new stockholders’ meeting to revoke the Boardpresident Cristian Sima and other two managers.

Manuela Panescu · 24.09.2012 · 18:26 · 2 min
Bucharest Stocks End Down, Mirroring Foreign Markets
Capital Market

Bucharest Stocks End Down, Mirroring Foreign Markets

The Bucharest stock exchange closed lower Monday, mirroring international markets, as buyers played cautious while the sellers have visibly cut prices.

Manuela Panescu · 24.09.2012 · 17:32 · 1 min
Pharmaceutical Sector Needs Fund Recycling, Not A Clawback Tax
Health

Pharmaceutical Sector Needs Fund Recycling, Not A Clawback Tax

Romanian pharmaceutical sector needs special regulations to support funds recirculation instead of investing these funds in the construction of hospitals or increasing wages in the health se...

Manuela Panescu · 24.09.2012 · 16:19 · 2 min