Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
First Leader Change In Retail As Kaufland Overtakes Metro And Carrefour
Kaufland climbed to the top position among modern retailers in Romania in 2011, ending the year with EUR1.35 billion in sales.
World Bank Reduces Romania's Economic Growth Forecast To 1.2% In 2012
The World Bank has revised downward its forecast on Romanian economic growth to 1.2% in 2012 from 1.5% previously, warning developing countries to "prepare for a long period of volatility in...
Parliament: PM Will Represent Romania In European Council On June 28
Romania's Parliament on Tuesday adopted a declaration by ruling alliance USL, which says the Prime Minister will represent Romania in the European Council on June 28.
World Bank Approves EUR1B Loan For Romania
The World Bank's Board of Executive Directors on Tuesday approved a EUR1 billion precautionary loan for Romania, the Finance Ministry informs.
Parliament To Dismiss Board Of TVR
The Romanian national TV network's (TVR) report for 2011 was rejected Tuesday by the Parliament, meaning the network's board, chaired by Alexandru Lazescu, will be replaced.
Asirom Expects 7% Higher Revenue In 2012, From RON628M In 2011
Romanian insurer Asirom plans to increase its revenue from premiums by 5%-7% this year, from 627.9 million lei (EUR140.8 million) in 2011, and post net profit similar to last year's RON7.2 m...
New Five-Star Hotel Opens To Compete On Bucharest's EUR30M Event And Catering Service Market
The Antonescu family, which owns travel agency Marshal Turism, has invested EUR5 million into the latest five-star hotel in Bucharest, which it inaugurated on Calea Dorobantilor (central Buc...
Businesspeople Ask New Administration For Industrialization, EU Funds And Public Procurement From Romanian Companies
Votes counted at Sunday’s local elections have shown results not seen in 20 years. The number of votes obtained by the Social-Liberal Union (USL), alongside the ones obtained separately by t...
Cocor On The Verge Of Foreclosure By BCR
Cocor Bucuresti (COCR.RO), owner of the eponymous shopping center in downtown Bucharest, might be foreclosed on by BCR, according to a report sent to the Bucharest Stock Exchange on Monday.
Constantin Toma Sells 67% In Insurer Platinum To Gothaer
Constantin Toma, the man who created and ran Omniasig for sixteen years until 2011, sold the controlling interests in non-life insurance company Platinum to Germany’s Gothaer.
ANIS: Encouraging Creation Of Full-Range Software Firms Will Create New Jobs In IT
Romania doesn’t put out enough programmers to attract new investors in the IT industry, so one should support businesses that create software products and that can also generate jobs in othe...
Fitch Downgrades Banca Romaneasca To 'B-' With Negative Outlook
Fitch Ratings on Monday downgraded Romanian lender Banca Romaneasca's (BROM.RO) long-term issuer default rating to "B-," with negative outlook, because of the bank's dependence on its parent...