Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
Lawyers: Restricting Right To Foreclose State's Shares Is Unconstitutional
The Romanian Government's plan to suspend for five years its creditors' right to seize or place distraint on shares in state companies is in breach of the Constitution and of EU law, and wil...
De'Longhi To Acquire Nokia Facility In Romania
Household appliances producer De'Longhi will buy the Nokia factory in Cluj, Romania, having signed an agreement to this end with the Finnish communications company.
Grand Hotel du Boulevard Could Become An Office Building
Grand Hotel du Boulevard, one of the oldest hotels in Bucharest, which has functioned under this name since 1877, could be turned into an office building.
Taxpayers In Romania Queue Up To Pay Their Taxes
Crowding and discontent, this was the atmosphere on Tuesday morning in front of the Fiscal Administration of Bucharest's 2nd district, where around 100 people were queuing up to submit the n...
First Year Of Fondul Proprietatea On The Stock Exchange: Expectations Have Only Been Partly Met
The listing of investment fund Fondul Proprietatea (FP.RO) on the Bucharest Stock Exchange (BVB) on January 25, 2011 was the chance for the capital market to be reborn and for former owners...
SIVECO Taps Middle East Through Dubai
SIVECO, the largest Romanian software developer, at the end of last year opened a representative office in Dubai and plans to tap 10 more international markets this year, Irina Socol, presid...
Basescu To Address Public On Wednesday
Romanian President Traian Basescu on Tuesday said he will have "a talk with the Romanians" Wednesday, which will be his first since the beginning of protests against the government and polit...
Freeing Up Radio Frequencies Used By Defense Ministry To Cost EUR234.4M
Freeing up the radio frequencies that will be auctioned off in Romania this year to broadband telecom service providers will cost EUR234.4 million, of which EUR30 million will be covered by...
Romania's Creditors Barred From Placing Distraint On Shares In State Companies For Five Years
Romania's Government will bar the state's creditors from launching forced execution proceedings or placing distraint on shares in national companies received as guarantees, and will also ref...
Over 2,500 Protesters Marched To TVR HQ
More than 2,500 protesters have left Bucharest's Victoriei Square on a march down Aviatorilor Boulevard to Dorobantilor Avenue, planning to rally again outside the headquarters of the public...
POS Transactions Using Visa Cards Up 30% In Fiscal Year Ending September 2011
The number of Visa cards in circulation in Romania grew by 4.5% in the fiscal year ending in September 2011, to 6.85 million, while the value of POS transactions increased by around 30%, the...
Visa Wants To Introduce Mobile Phone Payments In Romania This Year
Visa will begin talks with Romanian banks to introduce smartphone payment services, possibly as early as this year, said Catalin Cretu, Visa Europe general manager for Romania.