Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
Top Fashion Retailers Plan To End Year With 50 New Stores And Over 1,000 New Employees
The five largest foreign fashion retailers on the local market, which control 220 stores generating over EUR220 million in revenue, set out to open more than 20 new stores in the second half...
Transport Ministry Companies Spent Millions Of Euro Illegally, Audit Finds
Companies controlled by Romania's Transports Ministry spent hundreds of millions of euros illegally or for unjustified reasons, according to an audit targeting the 2009-2012 period.
Economy Ministry Cancels Flawed Tenders Worth RON70M
Romania's Economy Ministry has cancelled four tenders held last year, with a total value of 70 million lei (EUR15.2 million) for mine closure works, arguing that the contracts were awarded "...
Government To Decide On Farmer Certificates Within Two Weeks
Romania's Agriculture Ministry has drafted a decision on farmer certificates, which will be discussed by the Government in the next two weeks, said minister Daniel Constantin.
Cesal Oradea Buys Deutek's Adhesive And Dry Mortar Plant
Construction materials manufacturer Cesal Oradea, held by Poland’s Atlas group, has bought the Deutek adhesive and dry mortar plant in Fundulea (southern Romania).
CBRE: Some Companies Offered As Little As EUR5/Sqm For Office Space
It is still a renter’s market out there, office landlords learn when negotiating with companies seeking space to rent, which are now offering as little as EUR5/sqm a month. This is the usual...
Vestas Installed EUR550M Worth Of Wind Turbines In Romania In Two Years
Vestas, the world's leading manufacturer of wind turbines, with almost EUR6 billion in revenue in 2011, has installed EUR550 million worth of wind turbines in Romania over the last two years...
Penny Market CEO Quits After Driving Revenue To Over EUR400m
Frank Wagner, chief executive officer of discount retail chain Penny Market, part of Germany’s Rewe group, has quit his position after two years. Revenue went up to more than EUR400 million...
Finance Ministry Plans Spending Restrictions If Public Debt Exceeds Certain Levels
Romania's Finance Ministry wants to introduce certain spending restrictions to take effect automatically when the net public debt goes over 35%, 40%, or 45% of the GDP, said state secretary...
Renault's Romanian Vehicle Testing Center Gets New GM
Management of Renault's technical center in Titu, the only vehicle testing facility in Romania, has been taken over by Anica Muntean, previously the center's technical director, who replaced...
Premium Car Sellers Have Most Profitable Employees
Importers of expensive cars had the most profitable employees last year. Each person working for BMW Group Romania, Porsche Romania and Mercedes-Benz Romania generated EUR45,000 to EUR550,00...
Romania Wants New Precautionary Agreement With IMF In Bid To Calm Markets
The announcement by Finance Minister Florin Georgescu on Wednesday that Romania will seek another two-year precautionary agreement with the IMF is a clear attempt to calm suspicions of forei...