Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
Porsche Romania To Pay RON243M Dividend
Porsche Romania will pay its shareholders dividends of 243.6 million lei (EUR54.58 million) from retained profit.
BRD VP: Failure Of T-Bill Auction May Be Linked To Hidroelectrica Insolvency
The failure of Romania's treasury bill auction earlier this week can partially be the result of the announcement of Hidroelectrica's insolvency, which kept some banks out or made them demand...
Bucharest Court Approves Hidroelectrica's Insolvency
The Bucharest Court on Wednesday approved the start of insolvency proceedings for Romanian hydropower producer Hidroelectrica, lawyer Remus Borza said.
ANAF Unfreezes Public TV Network's Accounts For Six Months
Romania's tax authority ANAF will unfreeze the accounts of public television network TVR for six months, during which time the network will be reorganized, people close to the matter told ME...
Orange Romania CEO: Demand Stabilizing On Telecom Market
Demand is stabilizing on the Romanian telecom market, sending a positive signal to the major operators, Orange Romania CEO Jean-Francois Fallacher said Wednesday in the conference ZF Bankers...
Romania's GDP Per Capita At 49% Of EU Average In 2011
The gross domestic product per capita in Romania was equal to 49% of the EU average in 2011, three percentage points higher than in 2010, while in other Eastern European states this indicato...
Hornbach Invested Almost EUR150M In Romania In Five Years On The Market
German DIY retail chain Hornbach has invested EUR148.3 million in Romania in its five years on this market, directing the funds toward the five stores, employee training and the construction...
Italy’s Walter Tosto Targets EUR60M Revenue For 2013 From Nuclear Power Equipment
Italian manufacturer of oil and gas industry equipment Walter Tosto plans to reach EUR60 million in revenue in Romania next year through Fecne Nuclear Component Bucuresti (formerly known as...
Management Incompetence Turns Into National Economy Sabotage
Remus Vulpescu, the lawyer appointed by Prime Minister Victor Ponta to run Hidroelectrica, the largest state-owned company, says the decision to file for insolvency was made on Friday, after...
Enache, Continental Hotels: I Can’t Start Building Without Predictability
The leu's depreciation, the local elections and European crisis have caused stagnation of revenue for the Continental Hotels chain in the first half of 2012, says majority shareholder Radu E...
Romania's Retail Market Flat At EUR16B In 2011
The Romanian retail market stagnated at about EUR16 billion last year, after two years of decline. This is the first positive signal coming from an industry that started declining in 2009, a...
Culture Minister Resigns From Cabinet
Romanian Culture Minister Mircea Diaconu said Tuesday he is stepping down from the Cabinet, after he lost his final appeal against a ruling of incompatibility.