Curs BNR — 13.11.2026 EUR 5,3498 USD 4,8428 GBP 6,4023

Translator

Radu Bostan

Reporter

Fields
Social/Politics, Automotive, Banks-Insurance
Writing for ZF since
2011
Articles
2.182
Banks-Insurance

Romania To Raise Capital Of SME Loan Guarantee Fund By RON250M In 2012

The capital of Romania's National SME Loan Guarantee Fund will be raised by 250 million lei (EUR57.5 million) in 2012, according to Prime Minister Emil Boc.

Radu Bostan · 11.11.2011 · 18:55 · 1 min
Automotive

CFR Awards Three Lease Contracts To Private Operators

Romanian railway administrator CFR on Friday awarded three lease contracts for railroad segments belonging to the Timisoara, Cluj and Galati branches, with the latter contract going to Grup...

Radu Bostan · 11.11.2011 · 18:47 · 1 min
Social/Politics

Government Sees Jobless Rate In 2012 Down Slightly To 4.5%

Romania's Government expects the average unemployment rate to drop slightly next year, to 4.5% from this year's projected 4.9%, with the number of people out of work to decrease by 35,000, d...

Radu Bostan · 11.11.2011 · 18:00 · 1 min
Social/Politics

Romania's Draft 2012 Budget Includes No Salary Or Pension Raises

Romania's draft budget for 2012 states pensions will be frozen in the entire year, with no mention of possible raises in the second half, and will again require a transfer of 13.8 billion le...

Radu Bostan · 11.11.2011 · 17:28 · 1 min
Social/Politics

Romania To Pay Court-Won Wage Rights In Quarterly Tranches In 2012

Romania's Government has reduced the share of salary rights won in court by public sector employees to be paid next year from 33% to 5%, disbursable in equal quarterly installments, accordin...

Radu Bostan · 11.11.2011 · 17:10 · 1 min
Otopeni Airport To Open New Departures Terminal In July 2012
Automotive

Otopeni Airport To Open New Departures Terminal In July 2012

Bucharest-Otopeni Airport will open a new terminal for international departures in June 2012, through a EUR62 million investment.

Radu Bostan · 11.11.2011 · 16:37 · 1 min
Social/Politics

Government To Cut Almost RON2B In Revenue For Local Budgets In 2012

Romania's Government next year will reduce the share of income tax collections provided to local authorities and will cut transfers to local budgets from taxes on pensions, denying mayors a...

Radu Bostan · 11.11.2011 · 15:53 · 2 min
Refunds For Romanian Scheme Scrappage Vouchers Disbursed Until December 23
Automotive

Refunds For Romanian Scheme Scrappage Vouchers Disbursed Until December 23

Romanian Environment Minister Laszlo Borbely said Friday that the last refunds for vouchers through the car scrappage program will be disbursed on December 23, instead of December 12, follow...

Radu Bostan · 11.11.2011 · 14:52 · 1 min
Basescu: Romania Aims To Have Zero Budget Deficit In 2013
Social/Politics

Basescu: Romania Aims To Have Zero Budget Deficit In 2013

Romanian President Traian Basescu said Thursday, in a meeting with German businesspeople, that Romania's objective is zero budget deficit in 2013.

Radu Bostan · 10.11.2011 · 19:11 · 1 min
Energy

Managers Look For Quality First When Choosing Fuel

The main criterion used by more than 60% of company managers to decide on a fuel product for their business is quality, but 44% of them are unhappy with the prices, says a survey by consulta...

Radu Bostan · 10.11.2011 · 16:43 · 1 min
Automotive

Romania Approves Two Road Upgrade Projects, Worth RON309M

Romania's Government on Wednesday approved the technical-economic indicators for two projects, worth a total 308.84 million lei (EUR71 million), to strengthen three sectors of road DN 2A Har...

Radu Bostan · 10.11.2011 · 14:33 · 1 min
Analysis

GfK: More Than Half Of Romanians Have Trouble Paying Bills, A Quarter Are In Debt

More than half of Romanians (56%) say they barely manage to cover their current expenses and almost a quarter (24%) say they are in debt, according to a study by GfK Romania, which points ou...

Radu Bostan · 10.11.2011 · 14:06 · 2 min