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Manuela Panescu

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

Appliances Distributor Marelvi Eyes 10% Higher Sales In 2012, At EUR40M

Romanian appliances distributor Marelvi eyes a turnover of EUR40 million in 2012, up 10% on the year, fueled by higher demand for premium and incorporated appliance products.

Manuela Panescu · 18.09.2012 · 16:46 · 1 min
UniCredit Tiriac Bank Names New Chief Economist
Banks-Insurance

UniCredit Tiriac Bank Names New Chief Economist

Romanian lender UniCredit Tiriac Bank named Catalina Molnar as chief economist, replacing Dan Bucsa, who was promoted at the group’s London office for emerging markets analysis and research.

Manuela Panescu · 18.09.2012 · 15:06 · 1 min
Coface Romania’s Deputy CEO Promoted As Country Manager
HR

Coface Romania’s Deputy CEO Promoted As Country Manager

Coface Romania named Constantin Coman, currently deputy general manager on services segment, as country manager starting October 1, replacing Cristian Ionescu.

Manuela Panescu · 18.09.2012 · 14:33 · 1 min
Bucharest Compound Cortina Residence Auctioned Off For EUR9.2M
Real Estate

Bucharest Compound Cortina Residence Auctioned Off For EUR9.2M

Bucharest-based real estate compound Cortina Residence, under bankruptcy, will be auctioned off by its liquidator October 10, at a starting price of EUR9.2 million.

Manuela Panescu · 18.09.2012 · 12:26 · 1 min
Retail&Consumer

Italian Company Invests EUR50M In Panettone Factory NW Romania

Italy's Battistero will invest EUR50 million in a production facility for manufacturing panettone cake in Tetarom III industrial park from Jucu commune, northwestern Romania.

Manuela Panescu · 18.09.2012 · 12:16 · 1 min
EU Funds Absorption Disaster: Only EUR3.8M Attracted In August
Macroeconomics

EU Funds Absorption Disaster: Only EUR3.8M Attracted In August

Romania’s EU funds absorption rate in August was close to zero after in July the local authorities had suspended sending to Brussels the refund requests for projects that were supposed to be...

Manuela Panescu · 18.09.2012 · 00:00 · 1 min
Dacia Presents New Logan And Sandero Models In Paris
Automotive

Dacia Presents New Logan And Sandero Models In Paris

Dacia launches its new-generation Logan in Paris next week, a model known for the time being just as X52, and its new-generation Sandero, eight years after French-held Renault took the world...

Manuela Panescu · 18.09.2012 · 00:00 · 1 min
Sony: Electronics And IT Market In Romania To Grow By 10% In Next Three Years
Technology &Telecoms

Sony: Electronics And IT Market In Romania To Grow By 10% In Next Three Years

The electronics and IT equipment market in Romania and Bulgaria will grow by 10% over the next three years, driven by the rising technology investments the people of the two countries will m...

Manuela Panescu · 18.09.2012 · 00:00 · 2 min
Mineral Water Market Up 8% In First 8 Months
Retail&Consumer

Mineral Water Market Up 8% In First 8 Months

Romania’s mineral water producers saw their sales up 8% on year in the first eight months of 2012, driven by the hot weather this summer and the increased interest in a healthy lifestyle amo...

Manuela Panescu · 18.09.2012 · 00:00 · 3 min
Marisan Cold Cuts Producer: Two Plants, 125 Stores And EUR35 Million Annual Turnover
Retail&Consumer

Marisan Cold Cuts Producer: Two Plants, 125 Stores And EUR35 Million Annual Turnover

Romania’s cold cuts Marisan producer, owned by the Anghel family, owns two production plants, has a 125-store chain and a total annual turnover of EUR35 million after going into business 18...

Manuela Panescu · 18.09.2012 · 00:00 · 2 min
Banks-Insurance

Finance Ministry To Approve Eximbank’s Board Next Week - Sources

Romania’s Finance Ministry will decide next week whether it changes the present management Board of the state-run lender EximBank, named early 2009, sources close to the issue said Monday.

Manuela Panescu · 17.09.2012 · 19:39 · 1 min
Capital Market

Condmag Invests RON53M In Operations Upgrade

Romanian oil and gas pipe maker Condmag Brasov (COMI.RO) Monday said it will invest 53 million lei (EUR11.8 million) in upgrading the construction works of the main pipelines, RON20 million...

Manuela Panescu · 17.09.2012 · 18:40 · 1 min