Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
Private Pension Guarantee Fund Might Be Running By End-Year
Romania's private pension system guarantee fund might become operational by the end of the year, if the Chamber of Deputies adopts the relevant bill during the current parliamentary session,...
Car Repair Shops Might Have To Let Customers Watch
Romanian auto repair shops might be required to allow their customers to watch the work being done to their vehicles, according to a bill to be debated next week by the Parliament, democrat...
CME Q1 Revenue Up 20% To $172.8M
Central European Media Enterprises (CME) reported 20% higher net revenue in the first quarter of 2011, up to $172.8 million, and the group expects its TV advertising markets to grow this yea...
Romanian Senate Adopts Mandatory Snow Tire Bill
Romania's Senate on Tuesday adopted the government emergency ordinance making snow tires mandatory during the winter.
Romania To Set Up Investment Fund For Profitable SMEs With Cash Problems
Romania's Government will create an investment fund, fed by the National SME Loan Guarantee Fund, the Romanian Counterguarantee Fund and Eximbank, to finance profitable SMEs with temporary c...
Amended Romanian Public-Private Law Punishes Tender Contestation Losers
Companies will no longer have to provide a 2% guarantee in order to contest a Romanian tender for a public-private partnership contract, but a guarantee of 1% of the contract's estimated val...
Six Indicted In Baneasa Airport Procurement Fraud Case
Romanian anticorruption prosecutors on Friday indicted six people, including four managers of the Bucharest Baneasa Airport, for causing damages of more than 23 million lei (EUR5.8 million)...
Romania To Digitize National Archives Services For RON26M
Romanian Interior Minister Traian Igas and Communications Minister Valerian Vreme on Thursday signed a 26 million lei (around EUR6.35 million) contract for a project to digitize the National...
Garanta Asigurari Net Profit Down 64.4% In 2010, To RON3.83M
Romanian insurer Garanta Asigurari last year posted a net profit of 3.83 million lei (EUR936,293), one third of its result in 2009, while underwritten premiums declined by 28% to below RON10...
Cernavoda-Medgidia Highway Segment To Cost Up To EUR170M
Completing the Romanian Cernavoda-Medgidia highway segment will cost between 500 and 700 million lei (EUR120-170 million), without VAT, according to public road authority CNADNR's new tender...
Union Leader Marius Petcu Indicted For Corruption
Romanian National Anticorruption Department prosecutors on Thursday indicted union leader Marius Petcu, who was caught rapid taking EUR40,000 in bribes.
Prime Minister Emil Boc Appointed Acting Labor Minister
Romanian President Traian Basescu on Thursday signed the decrees acknowledging Ioan Botis' resignation and appointing Prime Minister Emil Boc acting Labor Minister.