Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
Cigarette Smuggling In Romania Hovers Around 13% Of Market - Study
Cigarette smuggling in Romania remained relatively constant in the first five months of 2012, being worth 13.3% of the total market in May, compared with 13.4% in March and 13% in January, a...
Average Drug Prices Have Doubled Since 2005
The average price of a pack of pills has doubled since 2005, reveals a ZF analysis based on the data provided by market research company Cegedim Romania.
Freight Carrier Grup Feroviar Roman Posts Six-Fold Higher Profit In 2011
Grup Feroviar Roman (GFR), the largest private railway freight carrier in the country, saw its net profit increase six-fold last year to 28.7 million lei (almost EUR6.5 million) and expects...
Romania Kickstarts Its Largest Telecom Auction
The Romanian Government on Wednesday gave the green light to the auction that will decide which mobile phone operators will provide communications services in Romania until 2029, by deciding...
Radu Georgescu: The Stock Market Will Take Avangate To $1B
The latest bet of Romanian entrepreneur Radu Georgescu has several knowns and one unknown. One of the knowns is $1 billion - this should be the value of his company, Avangate, which will be...
Government Sets Mobile Telephony License Fees, Eyeing EUR700M In Revenue
Romania's Government has set the minimum fees for mobile telephony licenses, estimating tenders will earn the budget at least EUR700 million.
AXA Insurance Romania CEO To Also Take Over AXA Insurance Hungary
Violeta Ciurel, CEO and president of AXA Life Insurance Romania, will also take over as president of AXA Insurance Hungary, starting on July 1.
Sorin Oprescu Reelected Mayor Of Bucharest – Official
Sorin Oprescu has been reelected Mayor of Bucharest, with 54.79% of the votes cast Sunday, while the runner-up, PDL deputy Silviu Prigoana, got 17.12% of the ballot, according to the final r...
Media Fact Book: Romania's Advertising Market Down 2% To EUR309M In 2011
The value of Romania's advertising market dropped 2% in 2011 compared with 2010, to EUR309 million, with cuts on every medium except the Internet, according to the Media Fact Book study publ...
Finance Ministry Pays More And Borrows Less On Local Market
Yields on government bonds have risen again in the past few weeks as has Romania’s CDS, as well as interest rates on the interbank market. This at a time when risk aversion in Europe is on t...
Carpatica Shares Recover From Shock Of Carabulea’s Conviction
The sentencing of Ilie Carabulea, Banca Carpatica (BCC.RO)’s largest shareholder, to 18 months in prison for bribery came as a shock to the market. The bank’s shares have somewhat recovered...
Greenest Day: Wind Farms Beat Nuclear Plant On May 13
Wind energy is no longer just a trend, because on May 13, wind turbines covered more of the national consumption of energy than the Cernavoda nuclear power plant. At the time, though, the nu...