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Manuela Panescu
- Fields
- Capital Market, Companies, Banks-Insurance
- Writing for ZF since
- 2012
- Articles
- 1.453
China Huadian To Invest Over $1B In New Power Plant At Rovinari
China Huadian Engineering will invest over $1 billion in the construction of a power plant with a capacity of at least 500 MW at Romanian state-owned thermal power producer CE Rovinari, the...
Bucharest Stocks Open Higher, In Low Volumes
The Bucharest stock exchange opened higher Wednesday morning, in low traded volumes, while European Bourses were undecided in early trade.
Romanian Leu Opens Higher Vs Euro, On Alleged Central Bank Intervention
Romania’s leu gained ground versus the euro in early trade Wednesday, at 4.6150 units, and dealers suspect the central bank’s indirect intervention.
Bucharest Bourse Ends Slightly Down, Proprietatea Fund Supports Volumes
The Bucharest stock exchange closed slightly down Tuesday, amid average volumes mainly supported by a deal with a 0.73% stake in Romanian investment fund Fondul Proprietatea (FP.RO).
Romanian Employers Say VAT Cut For Basic Foods Will Reduce Prices By 15%
The recent Government decision to cut the value added tax VAT for the basic food products to 9% as of 2013 will trigger a 15% price decrease for these products and a significant reduction of...
A 0.7% Stake In Proprietatea Fund Traded For EUR10M On Bucharest Bourse
A 0.73% stake in Romanian investment fund Fondul Proprietatea (FP.RO) was traded mid-session Tuesday on the Bucharest Bourse, for 46.7 million lei (EUR10 million).
Romania Wants To Cut VAT For Basic Foods To 9% As Of 2013
Romania's Government decided to cut the value added tax VAT for the basic food products from 24% to 9% as of 2013, as part of a package of measures for the agricultural sector, official sour...
Bucharest Stocks Open Undecided, Amid Low Volumes
The Bucharest stock exchange opened undecided Tuesday morning, amid low traded volumes and mirroring Western European markets.
Leu Hits An All-Time Low At 4.6460 Units Vs Euro In Early Trade
Romania’s leu hit another all-time low against the euro Tuesday morning, at 4.6460 units, amid very low traded volumes and euro buying orders.
Government To Subsidize Irrigation Systems Energy
The Romanian Government will subsidize the energy necessary for the irrigation systems in order to fight the effects of this year's drought, Premier Victor Ponta said Monday.
Ponta: Romanian Leu Back On Track As Of Next Week
Romanian leu exchange rate against the euro will turn to “normal” as of next week, and the leu will gain ground once the political turmoil has ended, Premier Victor Ponta said Monday.
AVAS Asks Government Input In Fortus Iasi Bankruptcy Issue
Romanian Privatization Authority AVAS Monday asked Premier Victor Ponta to agree upon taking over the receivables of the country’s tax authority ANAF at Fortus Iasi, on ANAF accepting the co...