Presentation by Andreea Mitirita 24/03/2017Irina Komarida
The document summarizes taxation regimes for the oil and gas industry in Romania. It discusses that Romania uses a concessionary tax system, where taxes are based on both revenue and profits. It notes that Romania currently uses a revenue-based royalty system but is considering a new mixed system that includes supplemental profit taxes. The document also provides an overview of production levels and forecasts for Romania's oil and gas industry, and discusses characteristics that attract investors like tax stability and competitiveness.
This document provides information about the 3Com 3CNJ1000 switch, including how to purchase it from Launch 3 Telecom. Launch 3 Telecom offers the 3CNJ1000 for sale online or via phone, and accepts various payment methods for purchase. They provide same-day shipping for orders placed before 3PM, along with order tracking and customer support. A warranty is included with all purchases from Launch 3 Telecom.
The story is about a shepherd boy who gets bored and falsely claims he sees a wolf attacking the sheep twice, causing the villagers to stop believing him. The third time there is a real wolf, but the villagers do not come to help because they think he is lying again. By the end of the day the sheep have scattered without help. The boy learns that crying wolf when there is no real threat causes others to not believe him when he truly needs help.
The second story is about a princess who loses her ball down a well. A frog offers to retrieve it if she lets him be her companion. She agrees but does not hold up her end of the bargain. After repeatedly pestering her, the frog is
The author feels they have greatly improved their skills with creative software like Adobe Photoshop and Quark since their preliminary task. They went from having little Photoshop knowledge to being able to independently create a magazine cover. Their preliminary Quark contents page was amateur but after learning proper techniques, their final product was a significant improvement. Side-by-side comparisons of the preliminary and final works show the progression in quality and skills.
Presentation by Andreea Mitirita 24/03/2017Irina Komarida
The document summarizes taxation regimes for the oil and gas industry in Romania. It discusses that Romania uses a concessionary tax system, where taxes are based on both revenue and profits. It notes that Romania currently uses a revenue-based royalty system but is considering a new mixed system that includes supplemental profit taxes. The document also provides an overview of production levels and forecasts for Romania's oil and gas industry, and discusses characteristics that attract investors like tax stability and competitiveness.
This document provides information about the 3Com 3CNJ1000 switch, including how to purchase it from Launch 3 Telecom. Launch 3 Telecom offers the 3CNJ1000 for sale online or via phone, and accepts various payment methods for purchase. They provide same-day shipping for orders placed before 3PM, along with order tracking and customer support. A warranty is included with all purchases from Launch 3 Telecom.
The story is about a shepherd boy who gets bored and falsely claims he sees a wolf attacking the sheep twice, causing the villagers to stop believing him. The third time there is a real wolf, but the villagers do not come to help because they think he is lying again. By the end of the day the sheep have scattered without help. The boy learns that crying wolf when there is no real threat causes others to not believe him when he truly needs help.
The second story is about a princess who loses her ball down a well. A frog offers to retrieve it if she lets him be her companion. She agrees but does not hold up her end of the bargain. After repeatedly pestering her, the frog is
The author feels they have greatly improved their skills with creative software like Adobe Photoshop and Quark since their preliminary task. They went from having little Photoshop knowledge to being able to independently create a magazine cover. Their preliminary Quark contents page was amateur but after learning proper techniques, their final product was a significant improvement. Side-by-side comparisons of the preliminary and final works show the progression in quality and skills.
The Energy Community Secretariat supports Ukraine's Draft Law No. 5322, which aims to transpose the EU's REMIT Regulation on wholesale energy market integrity and transparency into Ukrainian law. The Secretariat is responsible for supervising Ukraine's transposition of agreed energy legislation as part of its Energy Community Treaty obligations. Draft Law No. 5322 is fully aligned with REMIT Regulation requirements, unlike previous draft laws. Upon adoption of Draft Law No. 5322, Ukraine will fulfill its obligation to transpose REMIT Regulation into its national legislation by the deadline of November 2019. The Secretariat offers further support for REMIT Regulation implementation.
This document summarizes recent developments in global coal markets:
- Atlantic thermal coal markets ended the week on a bearish note as European demand remained weak. Colombian coal was traded for delivery to Asia.
- Mediterranean thermal coal prices rose $2 on stronger energy markets, with deals reported between $68-72 per metric ton for Turkey.
- China's thermal coal prices are expected to find support as power generation grew 1% in March and utilities stock up for peak summer demand.
EasyJet has experienced strong growth and financial performance in recent years. It has a leading position in many key European markets and routes. However, it faces some challenges including increasing airport charges, intense competition, and potential disruption from its founder's disputes with the board. Overall, easyJet is well positioned to continue growing its network and capturing opportunities from rising tourism, but must manage costs and risks carefully to sustain its success.
This document discusses the debt situation and prospects of DTEK Energy, a Ukrainian energy company. It notes that DTEK Energy initiated a six-month standstill with bondholders to negotiate a debt restructuring. The company aims to reschedule debt repayments until 2023 without a principal haircut. The document estimates that under a debt repayment scenario from 2017-2023, the net present value of DTEK Energy's outstanding debt would be 60% of par value. It also discusses expectations for a recovery in DTEK Energy's coal mining and financial performance in 2016.
Metinvest Ferrexpo update_april_2016 (steel, iron ore market)Andriy Gerus
This document recommends buying bonds issued by Ukrainian steel companies Metinvest and Ferrexpo. It argues that despite low current bond prices, both companies will generate positive cash flows going forward due to lower costs from currency devaluation and recovering steel and iron ore prices. The document projects that Metinvest bonds could recover to 78-83 cents on the dollar and Ferrexpo bonds to 79 cents by 2019, as the companies' financial results improve and leverage decreases. It acknowledges risks like further conflict or creditors rejecting debt restructuring, but overall presents a positive outlook for the bonds.
The Energy Community Secretariat supports Ukraine's Draft Law No. 5322, which aims to transpose the EU's REMIT Regulation on wholesale energy market integrity and transparency into Ukrainian law. The Secretariat is responsible for supervising Ukraine's transposition of agreed energy legislation as part of its Energy Community Treaty obligations. Draft Law No. 5322 is fully aligned with REMIT Regulation requirements, unlike previous draft laws. Upon adoption of Draft Law No. 5322, Ukraine will fulfill its obligation to transpose REMIT Regulation into its national legislation by the deadline of November 2019. The Secretariat offers further support for REMIT Regulation implementation.
This document summarizes recent developments in global coal markets:
- Atlantic thermal coal markets ended the week on a bearish note as European demand remained weak. Colombian coal was traded for delivery to Asia.
- Mediterranean thermal coal prices rose $2 on stronger energy markets, with deals reported between $68-72 per metric ton for Turkey.
- China's thermal coal prices are expected to find support as power generation grew 1% in March and utilities stock up for peak summer demand.
EasyJet has experienced strong growth and financial performance in recent years. It has a leading position in many key European markets and routes. However, it faces some challenges including increasing airport charges, intense competition, and potential disruption from its founder's disputes with the board. Overall, easyJet is well positioned to continue growing its network and capturing opportunities from rising tourism, but must manage costs and risks carefully to sustain its success.
This document discusses the debt situation and prospects of DTEK Energy, a Ukrainian energy company. It notes that DTEK Energy initiated a six-month standstill with bondholders to negotiate a debt restructuring. The company aims to reschedule debt repayments until 2023 without a principal haircut. The document estimates that under a debt repayment scenario from 2017-2023, the net present value of DTEK Energy's outstanding debt would be 60% of par value. It also discusses expectations for a recovery in DTEK Energy's coal mining and financial performance in 2016.
Metinvest Ferrexpo update_april_2016 (steel, iron ore market)Andriy Gerus
This document recommends buying bonds issued by Ukrainian steel companies Metinvest and Ferrexpo. It argues that despite low current bond prices, both companies will generate positive cash flows going forward due to lower costs from currency devaluation and recovering steel and iron ore prices. The document projects that Metinvest bonds could recover to 78-83 cents on the dollar and Ferrexpo bonds to 79 cents by 2019, as the companies' financial results improve and leverage decreases. It acknowledges risks like further conflict or creditors rejecting debt restructuring, but overall presents a positive outlook for the bonds.