Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
Mohammad Murad To Begin Work On EUR8M Seaside Hotel
Lebanese businessman Mohammad Murad, the chairman of the Perla Majestic group operating in the Romanian tourism industry, will begin construction of a new hotel in the seaside resort of Navo...
Economy Ministry: Romgaz Unlawfully Spent Over RON238M
Romanian natural gas producer Romgaz has wrongly spent more than 123 million lei (EUR27 million) on machinery and equipment, and another RON115 million on activities that did not improve its...
Employers Must Get 48 Hours' Notice Before Strike Action – Draft
Employees may start strikes only with at least 48 hours' notice to the employer and only with the consent of at least half of the total number of union members, says a draft emergency ordina...
Oltchim To Be Placed Under Administration
Romania's Government has decided to place chemical producer Oltchim (OLT.RO) under administration, in order to make the company solvent and get it ready for privatization later in the year.
Carpatica Asig Eyes 40% Higher Premiums This Year
Romanian insurer Carpatica Asig wants to increase underwritten premiums by 40% this year, from just over 200 million lei (EUR45 million) in 2011.
Romanian Auto Industry's Turnover Seen Up 12% To EUR12.5B In 2012
The Romanian auto industry's turnover increased last year by 7.8%, to EUR11.4 billion, and might grow again in 2012 by 12.6%, to EUR12.5 billion, according to data presented by the Associati...
APIA: Fewer Romanians Buy Cars, Only Large Corporations Can Afford To Renew Fleet
Fewer and fewer natural persons buy cars in Romania, as generally only international companies can afford to renew their car fleet, said Brent Valmar, vice-president of the Automobile Manufa...
Only 20 Km Of Bucharest’s Beltway Rehabilitated In Five Years
The Transport Ministry has spent EUR12 billon from 2008 through 2012 without making the beltway of Romania’s largest city a priority.
Derelict Old Town Building Gets EUR12m Makeover Into Luxury Hotel
Lithuanian-held developer Europa Group has completed a EUR12 million investment in Europa Royale, a luxury hotel in the Unirii area of Bucharest (center of the city).
Printer Vendors Hope For Growth In 2012
As with other segments of the IT&C and electronic products market, the boom years 2007 and 2008 are the reference when it comes to sales of printers. However, the top companies expect growth...
Bucharest Stock Exchange Appoints Bogdan Patriniche General Manager
The boar d of the Bucharest Stock Exchange has asked Bogdan Patriniche, a specialist in financial instruments who works in London, to take over as general manager, and he accepted the offer...
Parliament Committees Endorse Ambassadors To Egypt, Belgium, UAE, Lithuania, Thailand
The Romanian Parliament's committees for foreign policy on Tuesday endorsed five proposals for ambassadors to Egypt, Belgium, the United Arabian Emirates, Lithuania and Thailand.