Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
Lucian Isar Resigns As Romanian Minister For Business
Lucian Isar has resigned as Romanian minister-delegate for the Business Environment and will be replaced with Mihai Voicu, vice-president of the Liberal Party.
Socot Targu Mures 1H Revenue Down 23% To RON46M
Romanian hydro-technical construction company Socot Targu-Mures (SCTO.RO) reported its first semester revenue decreased 23% on the year, to 46.7 million lei (EUR10.6 million), while pre-tax...
Immofinanz Revenue In Romania Up To EUR47.1M In FY 2011-2012
Real estate investment firm Immofinanz reported revenue of EUR47.1 million from rents in Romania in the financial year ended July 31, which made up 8% of the company's total revenue.
PM Shuffles Ministers Of Interior, Justice, Foreign Affairs
Romanian Prime Minister Victor Ponta has proposed Mircea Dusa for Minister of Interior, Radu Stroe for Minister-delegate for Administration, Titus Corlatean for Minister of Foreign Affairs,...
Auchan To Buy Hypermarket In Pitesti From NEPI For EUR28.7M
French retailer Auchan will buy a hypermarket in Pitesti, Romania from South African investment fund New Europe Property Investments (NEPI) for EUR28.7 million.
Government Lowers Expectations For Sale Of State Properties, After Failed Auctions
Romania's Government has drastically scaled back its expectations for the sale of state-owned buildings managed by RA-APPS, from 706 million lei (RON151.89 million) to RON296.2 million, as m...
Basescu Warns Delays In Ruling On Referendum Outcome Damage Romania's Credibility Abroad
Romania's suspended president, Traian Basescu, said Friday he is not surprised by the Constitutional Court's postponement of its ruling on the outcome of the referendum, as a result of a "tr...
Romanians Would Rather Pay EUR20,000 Hands Down For A Mercedes ML Than Invest On Stock Exchange
Entrepreneur Octavian Badescu, who at 36 owns several businesses and has a portfolio of several hundred thousand euros on the Romanian and US stock exchanges, says Romanians tend to avoid th...
Agro Chirnogi Reaps 5 Tons Of Wheat Per Hectare, Double The Market Average
Agro Chirnoghi, part of the Maria group controlled by a group of Lebanese businessmen, has, thanks to irrigation, managed to obtain an average production of 5 tons of wheat per hectare, down...
Government Promises Scheme To Aid SMEs In IT Sector
The Government will start talks this autumn over a state aid scheme for small and medium-sized enterprises in the IT sector, after this week it approved EUR100 million in aid for the large c...
OMV Petrom Completes Trials Of Brazi Thermal Power Plant
OMV Petrom (SNP.RO) has completed the trials of its thermal power plant at Brazi, meaning the plant can begin supplying energy to the market, the company announced Thursday.
Constitutional Court Postpones Ruling On Referendum For September 12
Romania's Constitutional Court has postponed for September 12 its ruling on the referendum to impeach President Traian Basescu, to first check voter lists, according to people close to the m...