Curs BNR — 12.11.2026 EUR 5,3459 USD 4,8155 GBP 6,3935

Translator

Radu Bostan

Reporter

Fields
Social/Politics, Automotive, Banks-Insurance
Writing for ZF since
2011
Articles
2.182
Transport Ministry Pledges To Privatize CFR Marfa By December
Automotive

Transport Ministry Pledges To Privatize CFR Marfa By December

Romania's Transport Ministry has pledged to privatize railway freight carrier CFR Marfa by December 2012, says a statement released Wednesday, after minister Ovidiu Silaghi's meeting with th...

Radu Bostan · 08.08.2012 · 20:54 · 1 min
Transport Minister Replaces Tarom GM
Social/Politics

Transport Minister Replaces Tarom GM

Romania's Transport Minister, Ovidiu Silaghi, has appointed Sorin Georgescu, representative of Tarom in Rome, to the position of general manager of the airline.

Radu Bostan · 08.08.2012 · 20:05 · 1 min
Automotive

Transport Ministry Won't Privatize Any Company In 2012 – Government Document

Romania's Finance Ministry says in a document that the Transport Ministry will not carry out any privatizations this year, although the stand-by agreement with the IMF, European Commission a...

Radu Bostan · 08.08.2012 · 18:32 · 1 min
Banks-Insurance

Eureko Asigurari's Portfolio Shrunk 8.9% In 2011

The portfolio of Romanian insurer Eureko Asigurari shrunk by 8.9% last year, to 34,738 contracts, while revenue from underwritten premiums climbed 1.7% to 42.04 million lei (EUR9.26 million)...

Radu Bostan · 08.08.2012 · 17:50 · 1 min
Technology &Telecoms

ANCOM To Pay RON1M For Statistical Reporting System

Digital Data Services will develop an IT system for the collection, processing and reporting of statistical data by telecom operators for Romanian telecom regulator ANCOM, through a contract...

Radu Bostan · 08.08.2012 · 15:42 · 1 min
Automotive

UACE To Build Aircraft Parts For Export In Maramures, Romania

Aluminum component manufacturer Universal Alloy Corporation Europe (UACE) will build metallic structures for companies such as Airbus, Alenia and Boeing, after developing its production faci...

Radu Bostan · 08.08.2012 · 15:08 · 1 min
Automotive

Suceava, Romania To Upgrade 12 Streets For EUR8.3M

The city of Suceava, northern Romania, will rehabilitate 12 streets and two bridges through a EUR8.3 million project funded through the Regional Operations Program (ROP), mayor Ion Lungu ann...

Radu Bostan · 08.08.2012 · 13:35 · 1 min
Auction To Select Consultant For Posta Romana Privatization Planned For Sept 10
Companies

Auction To Select Consultant For Posta Romana Privatization Planned For Sept 10

Romania's Communications Ministry has announced it will hold the auction to select a consultant to advise the sale of a 20% stake in national postal operator Posta Romana on September 10.

Radu Bostan · 07.08.2012 · 12:49 · 1 min
IMF Worried About Impact Of Political Situation On Romania's Economy
Banks-Insurance

IMF Worried About Impact Of Political Situation On Romania's Economy

Erik de Vrijer, head of the IMF mission to Romania, said Tuesday in the meeting with acting president Crin Antonescu that the Fund is worried about the impact of the current political situat...

Radu Bostan · 07.08.2012 · 12:10 · 1 min
Isarescu: Political Feud Weights On Leu, Will Soon Affect Financing Costs
Banks-Insurance

Isarescu: Political Feud Weights On Leu, Will Soon Affect Financing Costs

Mugur Isarescu, governor of Romanian central bank BNR, on Monday warned politicians that Romania would not only be penalized through the depreciation of the leu for the unending scandal, but...

Radu Bostan · 07.08.2012 · 00:00 · 2 min
RBS To Lay Off 350 Employees As Part Of Plan To Abandon Retail Division
Banks-Insurance

RBS To Lay Off 350 Employees As Part Of Plan To Abandon Retail Division

UK’s state-run RBS is taking concrete steps towards putting into practice its strategy to withdraw from its Romanian retail business and focus on services for corporate clients: 350 employee...

Radu Bostan · 07.08.2012 · 00:00 · 1 min
Metro Heads For 550 “La Doi Pasi” Stores
Retail&Consumer

Metro Heads For 550 “La Doi Pasi” Stores

Metro Cash & Carry has reached a chain of over 300 franchised stores opened under the name “La Doi Pasi,” while a further 250 stores are in the process of being set up.

Radu Bostan · 07.08.2012 · 00:00 · 2 min