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Manuela Panescu

Fields
Capital Market, Companies, Banks-Insurance
Writing for ZF since
2012
Articles
1.453
Romania, World Bank Sign EUR1B Loan Agreement
Banks-Insurance

Romania, World Bank Sign EUR1B Loan Agreement

Romania’s Finance Ministry and the World Bank signed Wednesday the EUR1 billion loan agreement between the Eastern European country and the International Bank for Reconstruction and Developm...

Manuela Panescu · 11.09.2012 · 15:39 · 1 min
Deputies Approve ANRE Setup Ordinance
Energy

Deputies Approve ANRE Setup Ordinance

Romanian Chamber of Deputies approved Tuesday the Ordinance on the setup and functioning of the country’s National Regulatory Authority for Energy, or ANRE, admitting just part of President...

Manuela Panescu · 11.09.2012 · 15:28 · 1 min
PwC, KPMG File Bids For Consultancy Services In Posta Romana Sale
Companies

PwC, KPMG File Bids For Consultancy Services In Posta Romana Sale

PricewaterhouseCoopers (PwC) and KPMG filed Monday the bids for providing consultancy services in the sale of national postal operator Posta Romana, Communications minister Dan Nica said Tue...

Manuela Panescu · 11.09.2012 · 13:06 · 1 min
Leu Stable Vs Euro In Early Trade
Capital Market

Leu Stable Vs Euro In Early Trade

Romania’s leu opened flat against the euro Tuesday and traded slightly over 4.47 to the euro in early action, amid apathetic investors.

Manuela Panescu · 11.09.2012 · 11:29 · 1 min
Bucharest Stocks Slightly Lower In Early Action
Capital Market

Bucharest Stocks Slightly Lower In Early Action

Bucharest shares opened lower Tuesday, mirroring foreign markets and in low traded volumes.

Manuela Panescu · 11.09.2012 · 11:16 · 1 min
CFR Gets EUR174M Loan From EBRD
Banks-Insurance

CFR Gets EUR174M Loan From EBRD

Romania’s state-owned railway company CFR will receive a EUR174 million loan from the European Bank for Reconstruction and Development EBRD, guaranteed by the Government, for paying a state...

Manuela Panescu · 10.09.2012 · 13:49 · 1 min
Businessman Ioan Niculae Sells 92.54% Stake In Giurgiu Nav, A EUR3.8M Deal
Capital Market

Businessman Ioan Niculae Sells 92.54% Stake In Giurgiu Nav, A EUR3.8M Deal

Interagro, owned by businessman Ioan Niculae, sold the 92.54% stake in naval shipping company Giurgiu Nav on the Bucharest Stock Exchange Monday, for 17.37 million lei (EUR3.8 million).

Manuela Panescu · 10.09.2012 · 11:51 · 1 min
Bucharest Stocks Slightly Higher In Early Action, In Low Volumes
Capital Market

Bucharest Stocks Slightly Higher In Early Action, In Low Volumes

Bucharest shares opened higher Monday, amid low volumes and with most of investors adopting waiting positions.

Manuela Panescu · 10.09.2012 · 10:59 · 1 min
Erste: Romania May Launch Another International Tap Bond Issue By Yearend
Capital Market

Erste: Romania May Launch Another International Tap Bond Issue By Yearend

Romania may launch another international tap bond issue by the end of 2012, after the Finance Ministry Tuesday raised EUR750 million from a 10-year euro-denominated bond issue maturing in Ju...

Manuela Panescu · 07.09.2012 · 21:34 · 1 min
Bucharest Bourse Ends Up, Traded Values Touch 6-Month High
Capital Market

Bucharest Bourse Ends Up, Traded Values Touch 6-Month High

The Bucharest stock exchange closed higher Friday, with the overall traded value touching a six-month high, mainly supported by the deals with shares of Austrian Erste Group Bank (EBS.RO).

Manuela Panescu · 07.09.2012 · 17:54 · 1 min
Alico Eyes Changing Name Into Metropolitan Life
Banks-Insurance

Alico Eyes Changing Name Into Metropolitan Life

Alico Asigurări Romania, part of American group MetLife, filed the Insurance Surveillance Commission the paperwork to change its denomination into Metropolitan Life, the commission’s represe...

Manuela Panescu · 07.09.2012 · 17:30 · 1 min
Smithfield Romania Sales Up 10% In Fiscal 1Q, To $63.5M
Capital Market

Smithfield Romania Sales Up 10% In Fiscal 1Q, To $63.5M

U.S. pork producer and processor Smithfield Foods said its sales in Romania increased by 10% in the first fiscal quarter of 2012, to $63.5 million from $57.6 million during the same period a...

Manuela Panescu · 07.09.2012 · 14:55 · 1 min