Translator RO-EN
Ioana Tudor
- Fields
- Social/Politics, Capital Market, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 3.881
Romania Might Lower VAT On Bread To 9% Starting July 1
Romania might apply starting July 1 a pilot-project to cut VAT on bread from 24% to 9% if budget revenues increase so as to be able to cover a 200 million lei (EUR45.6 million) deficit the m...
Oltchim's Legal Administrator To Present Restructuring Solutions In April
The legal administrator of Romanian debt-mired chemical plant Oltchim (OLT.RO) will present in mid-April a report on the situation at the company and the steps to be taken to restructure the...
Romanian Roads Authority Head Resigns
Mircea Pop has resigned from the position of general manager of Romania’s national roads authority CNADNR, Prime Minister Victor Ponta said Monday.
Hospital Managers To Be Replaced If They Fail To Rein In Arrears
Romania will amend the contracts of hospital managers so that they can be replaced following quarterly evaluations, if the hospital registers arrears for three consecutive months, according...
Transgaz Wants To Ink Four-Year Insurance Policy To Cover Faulty Management
Romanian state-owned natural gas transporter Transgaz (TGN.RO) will organize an auction in the first half of February to buy a civil liability insurance policy targeting the company’s manage...
Vest Energo Wants To Borrow EUR16.5M To Refinance Loan, Built Two New Power Units
Romanian energy producer Vest Energo Bucharest (VESE.RO) wants to borrow EUR16.5 million from state-owned lender CEC Bank or other credit institutions for investments and to refinance an old...
Duraziv Sales Rose Slightly In 2012
Romanian building materials manufacturer Duraziv said Friday its turnover increased slightly last year from 76 million lei (EUR17.3 million) in 2011.
Gheorghe Racaru Renamed Head Of Romanian Low-cost Carrier Blue Air
Gheorghe Racaru has been reappointed general manager at Romanian low cost airline Blue Air, replacing Sherif Ussama, a company representative told Mediafax.
Bucharest Bourse Opens Up Amid Low Volumes
The Bucharest stock market opened slightly up Friday in an apathetic market and amid scarce traded volumes.
Leu Opens Flat Vs Euro In Quiet Market
The Romanian leu opened flat against the euro on Friday morning, in a quiet market and amid reduced volumes.
Rominsolv, BDO Business Restructuring Named Oltchim’s Interim Legal Administrators
A firm owned by lawyer Gheorghe Piperea and BDO Business Restructuring, part of international group BDO, have been appointed interim legal administrators of Romanian state-run chemical plant...
Oltchim’s Insolvency Approved By Managing Board
The Managing Board of Romanian state-run chemical plant Oltchim Ramnicu Valcea (OLT.RO) on Thursday voted for the company to file for insolvency to undergo reorganization, supporting a propo...