Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
EC: Romania Falling Further Behind Rest Of EU Because Of Poor Fund Absorption
Romania's poor absorption of European funds, only 3.5%, may cause the country to not only be allotted less money in the next EU fiscal plan, but also to lag further behind the rest of the Un...
Borbely: Environment Certificate For Certej Mining Project Might Be Issued By End-Year
Romanian Environment Minister Laszlo Borbely said Thursday that the ministry will issue the environment certificate for the Certej, Hunedoara county gold mining project by the end of the yea...
World Bank: A Quarter Of Romania's State-Owned Cos Are Practically Bankrupt
A quarter of Romania's 760 state-owned enterprises, such as RADET, CFR or Oltchim, are unprofitable, with nonviable assets and de facto bankrupt, meaning almost 100,000 employees would be le...
Government Considers Freezing Salaries, Pensions Until 2H 2012 – Sources
Romania's Government might freeze salaries and pensions at least until the second half of 2012, and evaluate the economic figures at the end of June to see whether raises are possible in the...
CFR To Receive Subsidies For Debts To Energy Suppliers
Romanian state-owned railway companies CFR Calatori and CFR Infrastructura will receive state subsidies to pay their debts to electricity suppliers, Bogdan Chiritoiu, president of the compet...
EP Urges EU States To Lift Labor Market Restrictions Against Bulgaria, Romania By End-2011
All EU member states must allow Romanians and Bulgarians access to the labor market by the end of 2011, ahead of the 2013 deadline, says a resolution adopted Tuesday by the European Parliame...
Tehnologica Radion Wins EUR3.5M Road Rehabilitation Contract In S Romania
The local authorities of Dolj county (S Romania) awarded a 15.3 million lei (EUR3.5 million) contract to Tehnologica Radion, for the rehabilitation of a 11 km stretch of county road 561B.
PwC: Romanian Employee Return On Investment Down 12% In 2010
The return on investment of Romanian employees dropped 12% last year, from 1.53 to 1.34, in terms of pre-tax revenue generated by each employee for every monetary unit (euro, dollar or leu)...
Basescu: Pensions, Public Sector Wages Will Not Be Cut In 2012
Romanian President Traian Basescu said Monday that pensions would not be reduced or additionally taxed, and that public sector salaries would not be cut in 2012.
CFR Received 11 Offers For EUR532M Line Upgrade Contract
Romanian railway administrator CFR SA received 11 offers for the upgrade of a 66.2 km-long segment of the Brasov-Simeria line, between Atel (Sibiu county) and Coslariu (Alba county), worth a...
Geoana: Boc Needs Parliament Mandate To Negotiate With IMF
Romanian Senate president Mircea Geoana said Monday that he will write to Prime Minister Emil Boc and ask him to request the Parliament's mandate before negotiating with the IMF, World Bank...
Romania, IMF Talks On 2012 Budget To Start From 2.3%-2.5% GDP Forecast
The talks between Romanian authorities and the stand-by agreement evaluation mission on the 2012 state budget will start from a forecast for economic growth of 2.3-2.5% and a budget deficit...