Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
UniCredit Tiriac Bank Appoints New Head Of Retail Division
Maurizio Volcich will take over as head of UniCredit Tiriac Bank's retail division, replacing Emanuele Butta, who has been appointed head of retail and executive vice-president of UniCredit...
Romtelecom Fined For Failing To Meet Obligations Under Mobile License
Romanian telecom regulator ANCOM has fined Romtelecom 200,000 lei (EUR45,000) for failing to meet its obligations under a mobile communications license, because the company installed only 78...
SE Europe Is No Longer In Fashion For Private Equity Funds
Attracting funding is currently the main problem for private equity funds in the region because investors in the US and in Western Europe are no longer interested in South Eastern Europe.
Euro 2012 Boosts Revenue Of JW Marriott Hotel
The European Football Championship brought twice the number of customers a regular night would have on the outdoor terrace of the five-star JW Marriott Hotel in Bucharest and therefore highe...
International Turmoil And Shortage of Cash Keep Retail Lending Frozen
Romanians did not rush to borrow money from banks in the first half of the year despite promotional offers. Those who will seek to a get a loan soon might pay high interests and find it more...
EBRD Might Fund EUR104M Project For Water Infrastructure In Valcea County
The European Bank for Reconstruction and Development (EBRD) is considering granting a loan of up to EUR13.85 million, alongside EUR76.9 million in EU cohesion funds, to Romanian company Apav...
Parliament Dismisses Ombudsman Gheorghe Iancu
Gheorghe Iancu was dismissed Tuesday as Romanian Ombudsman by the Parliament, which also decided that Valer Dorneanu will take over the position in an acting capacity.
Romania Stops Sending EU Refund Requests For Four Programs
Romania will stop sending the European Commission refund requests for four operational programs, from July 1 until a date that will be decided later, during which time the Commission will de...
New Healthcare Bill: In Vitro Fertilization, Plastic Surgery After 18 Not Subsidized
In vitro fertilization, plastic surgery after the age of 18, medical assistance at the workplace and certain recuperation and physiotherapy procedures will not be paid for from the national...
How Many Mutual Funds Yielded Higher Gains Than Bank Deposits
About 30 of the 63 mutual funds on the local market managed to beat bank deposit interests in the first half, which stood at 3.25% a year, even though many of the funds that posted lower yie...
Average Net Wage In BNR Three Times Higher Than Romania's Average Salary
The average monthly net salary in Romania's central bank, or BNR, was around 5,000 lei (EUR1,180), higher than the average gain in commercial banks and three times higher than the net wage i...
Farming Output Will Breathe Life Into The Economy In 2012 As Well
This year’s grain harvest is estimated at almost 18 million tons, just 7% lower than the record-high 2011 figures. Converted in money, as prices remained high, almost EUR5 billion should go...