Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
Stirom 1H Revenue Down 12% To RON100M
Romanian glass container producer Stirom Bucharest (STIB.RO) reported revenue of 100 million lei (EUR22.7 million) in the first six months, down 12% on the year, and profit of RON4.8 million...
Laminorul 1H Losses Grow Sixfold, On Falling Sales
Romanian metal and alloy maker Laminorul Braila (LMRU.RO) Friday said sales fell to 110 million lei (EUR24 million) in the first half of 2012, from RON480.8 million in the first half of 2011...
IMF Rejects Romania's Plan To Lower VAT On Food, Introduce Progressive Taxation – Sources
The International Monetary Fund, the European Commission and the World Bank told the Romanian Parliament's committee for budget and finance that, for the time being, they do not agree with r...
EBS Romania 1H Turnover Up 56% To EUR6M
Software solutions provider EBS Romania reported turnover of EUR6 million in the first half of 2012, up 56% compared with the similar interval a year ago.
Prosecutor General Asks Parliament For Permission To Probe Former Minister Dobre
Romania's General Prosecutor's Office has asked the Chamber of Deputies for approval to begin the criminal investigation of Victor Paul Dobre, deputy and former Minister of Administration, w...
Analysts Say Derogation To Fiscal Law Signals Non-Predictability Of Fiscal Policies
The Finance Ministry is preparing to increase public sector wages through derogation to the law of fiscal responsibility, while cutting infrastructure spending in this year’s first budget ad...
Transport Ministry Asks Headhunters To Drop Recruitment Of CEOs For State Companies
The biggest campaign to recruit CEOs for state-owned companies subordinated to the Transport Ministry, which started a few days ago, risks to lose its credibility, after on Thursday represen...
Romania Asks IMF For Delay Before Introducing Copayment In Healthcare – Sources
Romania's Government has asked the International Monetary Fund to agree to delaying the introduction of copayment in healthcare, people close to the matter told MEDIAFAX, adding that the Fun...
Higher Healthcare Contributions Seen Leading To Illicit Labor, Layoffs
Charging healthcare contributions as a share of the national average wage for employees earning less will encourage illicit labor, layoffs and restrict the hiring of young graduates, especia...
Posta Romana Accumulates Losses Of Almost RON500M In Three Years
The total losses of the Romanian postal company in the past three years amount to 484 million lei (EUR106.6 million) and the company risks to collapse if its restructuring plan is not succes...
Finance Ministry Tries To Persuade IMF To Accept Measures To Stimulate Growth
The end of the week is expected to bring heated discussions between the Ponta government and the International Monetary Fund (IMF), as authorities make a last attempt to persuade foreign exp...
Cellini, Swarowski And Gucci Stores Want Sales Of Over EUR25M
Sodo Migliori group, which owns the Cellini stores, some of the Swarowski stores and luxury monobrand Gucci on the Romanian market, expects a turnover of over EUR25 million for this year, a...