Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
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...
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.
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...
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.
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...
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...
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...
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...
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...
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...
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...
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...