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
Social/Politics

Boc: Ministers To Terminate Late, Fraudulent EU-Funded Contracts

Romania's ministers have been tasked to terminate EU-funded contracts whose implementation is unjustifiably overdue or which have been awarded through fraudulent auctions, a decision prompte...

Radu Bostan · 14.07.2011 · 13:54 · 1 min
Companies

Georgica Cornu Expects Confort’s Business To Stay At Least At 2010 Level

Timisoara-based builder Confort, part of the Izometal Confort group controlled by businessman Georgica Cornu, last year posted turnover of around 670 million lei (EUR156 million), up around...

Radu Bostan · 14.07.2011 · 00:00 · 1 min
Banks-Insurance

Authorities May Fine Uninsured Homeowners Only After August 2012

Romanian local authorities will be able to fine people without mandatory home insurance only starting with August 2012, according to Law 260/2008 as amended and republished, although the Int...

Radu Bostan · 13.07.2011 · 20:45 · 1 min
Social/Politics

Competition Watchdog Fines May Be Suspended In Court Only With Guarantee

The Bucharest Court of Appeals may suspend the Competition Council's decisions to charge a fine, only if the offending party pays up to 20% of the fine as guarantee, according to Romania's n...

Radu Bostan · 13.07.2011 · 20:24 · 1 min
Social/Politics

Competition Council Plenum Members To Be Proposed By Consultation College

The members of the Romanian Competition Council's Plenum will be appointed by the President of Romania, according to the proposals of the Consultation College and not the Government, which w...

Radu Bostan · 13.07.2011 · 19:54 · 1 min
Social/Politics

Prosecutor's Office To Investigate Anti-competition Crimes Without Watchdog Notification

The Romanian Prosecutor's Office will be able to investigate anti-competition crimes without being notified by the Competition Council, and prosecutors and antitrust inspectors will run thei...

Radu Bostan · 13.07.2011 · 18:32 · 1 min
Social/Politics

CFR SA To Award EUR59M Bridge Repair Contract

Romanian railway company CFR SA wants to repair the Gradistea bridge, located on the route Bucharest-Giurgiu and damaged by floods in 2005, through a project worth an estimated EUR59 million...

Radu Bostan · 13.07.2011 · 17:31 · 1 min
Social/Politics

Over 94% Of Financial Guard Employees Passed Evaluation

The results of the Romanian Financial Guard's employee evaluation show that, out of 740 registered candidates, 42 have failed the exam and will be laid off.

Radu Bostan · 13.07.2011 · 17:30 · 1 min
Romania Should Promote Mountains, Delta To Attract More Foreign Tourists - UNWTO
Social/Politics

Romania Should Promote Mountains, Delta To Attract More Foreign Tourists - UNWTO

The number of foreign tourists coming to Romania might double in the next 2-3 years if the authorities continue to promote the mountains, the Danube Delta, monasteries and life in the countr...

Radu Bostan · 13.07.2011 · 15:42 · 2 min
Real Estate

Bucharest Ranked 51st Of 62 Cities By Parking Rates In EMEA Region

Bucharest is 51st in a ranking of 62 cities in the Europe-Middle East-Africa region (EMEA) by parking rates, according to a survey by real estate services company Colliers International.

Radu Bostan · 13.07.2011 · 14:55 · 1 min
Banks-Insurance

Town Halls To Sell Mandatory Home Insurance Policies

Romanian insurer PAID will collaborate with local authorities to sell mandatory home insurance policies, its estimates showing that 60% of the houses in the country, around five million, are...

Radu Bostan · 13.07.2011 · 14:44 · 1 min
Romania Expects Extra RON318M For Medicine Budget, From Changes To Tax Clawback
Health

Romania Expects Extra RON318M For Medicine Budget, From Changes To Tax Clawback

Romania's Health Ministry expects an extra 318 million lei (EUR74 million) for its medicine budget, by changing the tax clawback charged to suppliers of drugs included in the national health...

Radu Bostan · 12.07.2011 · 17:44 · 1 min