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
Banks-Insurance

Romania To Introduce Ethical Codes In Pension Fund Management

Romania's Government will issue "ethical codes" applying to private pension fund management, in an effort to improve public confidence in fund administrators and ensure that contributors' mo...

Radu Bostan · 17.05.2011 · 15:33 · 1 min
Social/Politics

Police Protest Ends After Parliament Postpones Debate On Layoff Bill

The Romanian police protest outside the Parliament on Tuesday ended early, after lawmakers postponed the debate on the bill cutting 9500 jobs in the Interior Ministry.

Radu Bostan · 17.05.2011 · 14:43 · 1 min
Vienna Insurance Group Posts EUR5M Loss In Romania In 1Q
Banks-Insurance

Vienna Insurance Group Posts EUR5M Loss In Romania In 1Q

Vienna Insurance Group (VIG) reported a loss before taxes of EUR5 million in Romania in the first quarter, compared to a profit of EUR7.4 million in the same period a year ago, as gross unde...

Radu Bostan · 17.05.2011 · 14:33 · 1 min
Social/Politics

Over One Million Farmers Applied For Area-Based Aid In 2011

Romania's Agency for Agriculture Payments and Intervention (APIA) announced Tuesday that 1.04 million farmers have filed requests for area-based aid, for 9.2 million hectares.

Radu Bostan · 17.05.2011 · 14:05 · 1 min
Companies

Metrorex Eyes Mainline Extension For EUR300M

Bucharest subway operator Metrorex wants to add two stations to the M4 line, as well as a terminal hub with a parking lot, dispatcher and bus station, through an investment of about 1.22 bil...

Radu Bostan · 17.05.2011 · 13:46 · 1 min
Automotive

Shareholders Request Dissolution Of Ghimbav Airport Company

The company set up to build the International Brasov-Ghimbav Airport in central Romania will be put forward for voluntary dissolution by its shareholders, as negotiations with the main inves...

Radu Bostan · 16.05.2011 · 19:22 · 1 min
Social/Politics

Senate Adopts Letter Of Intent To IMF, Of September 2010

Romania's Senate on Monday adopted the bill ratifying the letter of intent to the International Monetary Fund, of September 2010, through which Romania drew the final tranche of the loan, wo...

Radu Bostan · 16.05.2011 · 17:56 · 1 min
Energy

Otopeni To Auction Off Infrastructure Works For EUR173M

The local authorities of Otopeni, Ilfov County, want to contract an infrastructure project worth an estimated 710.8 million lei (EUR173 million) for road modernization and the extension of t...

Radu Bostan · 16.05.2011 · 15:25 · 1 min
Banks-Insurance

ING Asigurari de Viata To Pay Dividend Worth EUR8.8M

Romania’s ING Asigurari de Viata will pay its major shareholder, Dutch company ING Continental Europe Holding, dividends worth 36 million lei (EUR8.8 million), amounting to 93% of the compan...

Radu Bostan · 16.05.2011 · 12:31 · 1 min
Social/Politics

Romania To Cut Over 7,000 Jobs In State-Owned Companies

Romania's government has pledged to cut more than 7000 jobs in state railway companies, energy suppliers and the national postal company, while lowering their running costs through renegotia...

Radu Bostan · 15.05.2011 · 17:40 · 1 min
Energy

Romania Vows Before IMF To Slash Heating Aid Before September

Romania's government committed in the letter of intent to the International Monetary Fund to eliminate the thermal energy subsidy by the end of August at the latest, and direct such aid only...

Radu Bostan · 15.05.2011 · 17:38 · 1 min
Social/Politics

Romania Pledges To Restructure Revenue Service By IMF June Board

Romania's Government will adopt an ordinance restructuring revenue service ANAF before the IMF's board meeting in June and will finish taking stock of all state company and budget arrears fr...

Radu Bostan · 15.05.2011 · 17:37 · 1 min