Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
Bitdefender: We Might Have A Round Of Investments Next Year
Bitdefender, the company created by Florin and Mariuca Talpes, might have a new round of investments next year to get funding for the expansion of its enterprise security solutions business.
Number Of Counterfeit Bills Doubled Last Year To Four In A Million
Four in one million bank bills are forged in Romania, half as many as in Europe, where the likelihood of coming across a fake bill is 8-9 out of one million bills in circulation.
Political Instability Worsens As Romanians Vote To Keep Or Remove President From Office
The start of suspension proceedings against president Traian Basescu makes way for a long period of uncertainty because after suspension will come weeks of campaign ahead of the referendum w...
This Year’s Wheat Harvest Is Lower But Better, Top Farmer Says
The wheat harvest will be lower but better this year because of the high temperatures of the last few weeks, says Adrian Porumboiu. The former football referee turned entrepreneur owns the R...
Energy Trader Makes Four Times More Money Than Hidroelectrica
While the Romanian state’s most valuable asset, Hidroelectrica, is insolvent, companies that buy energy at below market prices and sell it on make significant profits, ending up with turnove...
Sports Retailer Hervis Expects 22% Higher Sales This Year After 16% Growth In 2011
Catalin Pozdarie, the Romanian who has been running sporting goods retailer Hervis since its arrival on this market in 2007, expects sales to be 22% higher in 2012, in line with the first ha...
A&D Pharma Aims For Over EUR800m In Revenue This Year
A&D Pharma, the largest company in the local drug industry, expects consolidated revenue of more than EUR800 million this year, slightly up from the EUR772 million in 2011.
Government Considers Lowering Drug Clawback Tax
Romania's Government is considering lowering the clawback tax charged to drug producers, with the hit in budget revenue to be borne by the Health Ministry.
Moody's Downgrades Transelectrica To Non-Investment Grade
Moody's Investor Service has downgraded the long-term corporate family rating of Romanian power transmission company Transelectrica from Baa3 to Ba1, the first non-investment grade, and assi...
Government Reorganizes Consumer Protection Authority
Romania's Government has issued a decision on the organization and operation of the National Consumer Protection Authority (ANPC), which will have eight regional offices instead of 42 office...
Hidroelectrica To Renegotiate Contract With EFT On Friday, Alro And Alpiq Next Week
The administrators of Romanian state-owned power producer Hidroelectrica, which is insolvent, will renegotiate the company's direct energy sale contract with EFT on Friday, and then with Alr...
CNADNR Awards RON150M Contract For Road Modernization In Gorj County
Romania's public roads authority CNADNR has awarded a contract worth 149.7 million lei (EUR33 million), for the rehabilitation of a 33 km segment of national road DN66, between Bumbesti-Jiu...