Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
Political Instability May Cost Romania EUR1 Million A Day Because Of Higher Interest Rates
The persistence of political turmoil affects Romania’s perception by foreign investors and may lead to higher borrowing costs, which in turn will have a significant impact on the spending on...
Franklin Templeton Buys Petrom Stock Every Day
The emerging market funds managed by Franklin Templeton are buying OMV Petrom (SNP.RO) shares every day, according to the reports of brokerage firms.
How The New Head Of CFR Calatori Plans To Balance The Company Out
Despite having received state subsidies of EUR1.6 billion in the past five years, state-run passenger railway carrier CFR Calatori is still unable to cover its costs from ticket sales, while...
Cargill And Toepfer Together Post EUR1B Turnover
US grain traders Cargill and Alfred C. Toepfer, the top two players on the local market of farming raw materials, last year managed to post turnover of EUR1.1 billion together, Trade Registr...
Lidl Close To EUR400m Revenue Mark In 2011 After 16% Growth
Discount chain Lidl, the latest to enter the market of modern retail in Romania in 2011, when it started one of the most aggressive expansion campaigns, ended last year with 1.68 billion lei...
American General Wesley Clark To Advise PM Ponta On Security Matters
Romanian Prime Minister Victor Ponta on Thursday introduced Wesley Clark, retired general of the United States Army, as his new advisor on strategic, security and economic matters.
Government Changes Referendum Law To Impeach President With Majority Of Votes Cast
Romania's Government has issued an emergency ordinance amending the referendum law to provide that the President may be impeached with the votes of the majority of participants in the ballot...
Dafora Inks Three Deals With Romgaz Worth RON20M
Romanian drilling company Dafora Medias (DAFR.RO) has signed three contracts with state-owned natural gas producer Romgaz for drilling and preparation works, worth a total 20 million lei (EU...
Oil Terminal Chairman Resigns After Less Than One Month On Board
Sorin Viorel Ciutureanu, chairman of the board of Romanian oil storage and shipment firm Oil Terminal (OIL.RO), has stepped down less than a month after being appointed and has been replaced...
Renault, Dacia Car Registrations In Germany Down 4.4% In 1H
Registrations of Renault and Dacia automobiles in Germany dropped 4.4% in the first six months of the year, to 77,517 units, making up 4.7% of the market which grew by 0.7% to 1.634 million...
Stihl Romania Turnover Up 20% In 2011, Might Grow By 10% In 2012
The Romanian turnover of German power tool producer Stihl increased by more than 20% last year, from 84.2 million lei (EUR18.79 million) in 2010, and this year further growth of 10% is expec...
Government Fines Contractors For Delays To Bucharest-Ploiesti Highway Construction
Romania's Government will fine the contractors that are behind schedule on the construction of the Bucharest-Ploiesti highway and transfer the money to healthcare, to benefit people with inc...