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Manuela Panescu

Fields
Capital Market, Companies, Banks-Insurance
Writing for ZF since
2012
Articles
1.453
Romania Mulls Hiking Budget Revenues Up To 40% Of GDP By Cutting Taxes
Macroeconomics

Romania Mulls Hiking Budget Revenues Up To 40% Of GDP By Cutting Taxes

Romania’s designated Finance Minister Daniel Chitoiu aims to increase the level of budget revenues to 38% or 40% of the gross domestic product in 2016, from 32% of GDP in the present, by cut...

Manuela Panescu · 21.12.2012 · 15:29 · 1 min
Capital Market

CNVM: Capital Hikes Through Cash Inflow To Be Operated By Brokers As Of 2013

Any share capital hike through cash inflow of the companies listed on the Bucharest Bourse will be operated by brokers as of January 15, according to the Romanian Securities Commission, or C...

Manuela Panescu · 21.12.2012 · 15:27 · 1 min
Spirits Importers Expect Up To 5% Growth In 2013
Retail&Consumer

Spirits Importers Expect Up To 5% Growth In 2013

The spirits market, estimated at about EUR1 billion, will grow by no more than 5% in 2013, reveals a ZF analysis based on the forecasts of the largest companies in this industry.

Manuela Panescu · 21.12.2012 · 00:00 · 3 min
Romania Plans To Change "First Home" Into "New Home" Program
Real Estate

Romania Plans To Change "First Home" Into "New Home" Program

Romania’s new government intends to replace the "First Home" program with the "New Home" one, which will only facilitate the acquisition of new homes.

Manuela Panescu · 20.12.2012 · 18:23 · 1 min
Romania’s New Governing Program For Energy Sector Adds Few Projects To Old Targets
Energy

Romania’s New Governing Program For Energy Sector Adds Few Projects To Old Targets

Romania’s new government program mostly targets projects unaccomplished by the former executives over the last 10 years, and aims to reinstate an authority with tasks in the sector of energy...

Manuela Panescu · 20.12.2012 · 18:10 · 2 min
SIFs, Proprietatea Suspended From Trading On CNVM Regulation Amendment
Capital Market

SIFs, Proprietatea Suspended From Trading On CNVM Regulation Amendment

The Bucharest Stock Exchange Thursday suspended from trading the shares of the five regional investment funds SIFs and of Fondul Proprietatea (FP.RO) to announce the amendment of some regula...

Manuela Panescu · 20.12.2012 · 16:01 · 1 min
REWE Opens Five More Penny Market Units In Romania
Retail&Consumer

REWE Opens Five More Penny Market Units In Romania

REWE Romania on Thursday said it opened five more units under the Penny Market brand in Romania, bringing its local network to a total 142 units.

Manuela Panescu · 20.12.2012 · 14:42 · 1 min
MOL Romania Opens New Gas Station In EUR1.3M Investment
Energy

MOL Romania Opens New Gas Station In EUR1.3M Investment

Hungary’s oil and natural gas company MOL said Thursday it invested about EUR1.3 million in a new gas station in Romania, expanding its local network to 135 units.

Manuela Panescu · 20.12.2012 · 14:06 · 1 min
Romania Amends Tax Code To Give Mayors Carte Blanche On Tax Increase
Social/Politics

Romania Amends Tax Code To Give Mayors Carte Blanche On Tax Increase

The Romanian Government will approve an emergency ordinance amending the Tax Code, which allows mayors to decide whether to increase local taxes and duties by indexing with the inflation rat...

Manuela Panescu · 20.12.2012 · 12:43 · 1 min
Leu Above 4.47 Vs Euro In Early Trade
Capital Market

Leu Above 4.47 Vs Euro In Early Trade

The Romanian leu traded around 4.47 units versus the euro Thursday morning, in a quiet market with very low traded volumes.

Manuela Panescu · 20.12.2012 · 11:18 · 1 min
Bucharest Stocks Open Down, Fondul Proprietatea Lifts Liquidity
Capital Market

Bucharest Stocks Open Down, Fondul Proprietatea Lifts Liquidity

The Bucharest-listed shares opened down Thursday after seven consecutive days of increase, on average trading volumes, driven by Fondul Proprietatea (FP.RO).

Manuela Panescu · 20.12.2012 · 10:58 · 1 min
Green Power Producers Get EUR260M Subsidies In 11 Months
Energy

Green Power Producers Get EUR260M Subsidies In 11 Months

Green power producers got more than EUR260 million via the support scheme of the Romanian government in the first eleven months, according to the data published by national grid company Tran...

Manuela Panescu · 20.12.2012 · 00:00 · 1 min