Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
How Much It Would Have Cost Mark Zuckerberg To Get A Home Loan In Bucharest
How much would Mark Zuckerberg have paid, had he taken out a loan in Romania? Twice as much as he is due to pay for his loan in the US.
Head Of BNR Supervision: Most Banking Business Models Pursue Big Interest Margins
Banks are keeping deposit interest rates high, in a bid to replace sources of external funding with liquidity from the local market, but this can lead to poor resource management, as well as...
Warm Weather And Europa League Final Drive Beer Consumption Up
Beer sales returned to slight growth in April and increased by 16% in May, offsetting the decline of the first few months of the year, according to the data of the National Statistics Instit...
Competition Watchdog OKs Alico's Takeover Of Aviva Operations
Romania's competition watchdog in June authorized the takeover of Aviva Asigurari de Viata and Aviva Pensii ABC Asigurari by Alico Asigurari Romania, controlled by American group MetLife.
Posta Romana Seeks RON100M Loan For Working Capital
Romania's national postal company Posta Romana will hold a tender in September for a loan of 100 million lei (EUR22 million) for 12 months, to finance its working capital.
Government Gives Mayors Back RON107M From Funds Taken Away In May
Romania's Government Wednesday decided to give local authorities back 107.5 million lei (EUR23.5 million) of the funds provided by the previous Ungureanu Cabinet for current expenses and wit...
ING Pensii CEO Named Head Of Romanian Private Pension Association APAPR
ING Pensii CEO Marius Popescu has taken over the chair of the Association of Romanian Privately Administered Pensions (APAPR), after former chairwoman Cornelia Coman was appointed head of IN...
Hidroconstructia Keeps Top Position In Romanian Builders’ Ranking
The top ten Romanian construction companies posted about EUR1.3 billion revenue together last year, almost 14% of the construction market. Compared with 2010, the cumulated revenue of the to...
Finance Ministry Uses Foreign Currency Buffer, Pushes ROBOR Below 2%
Sales of foreign currency from the reserve of the state’s Treasury to central bank BNR, a significantly lower offering of short-term government securities, the halving of overall amounts bor...
State Made To Pay For Fondul Proprietatea's Failure
The Romanian state is forced by a Bucharest court of law to make cash payments to a former owner because he can only sell at a loss the shares received in investment fund Fondul Proprietatea...
KFC and Pizza Hut Expect 5-7% Growth
Mark Hilton, the Brit put in change of the KFC and Pizza Hut chains in Romania last year, expects their sales to go up by 5% to 7% after seeing a rise in the number of customers and transact...
Insurance Market Net Loss Up Eight Times In 2011 To RON330M
Romania's insurance sector posted net losses of 329.7 million lei (EUR72.2 million) in 2011, up eight times compared with 2010, according to Finance Ministry data centralized by MEDIAFAX.