Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
Oil Terminal Board Chairman Steps Down
Andrei Todea, chairman of the board of Romanian oil storage and shipment firm Oil Terminal (OIL.RO), has stepped down and has been replaced in an acting capacity with Sorin Viorel Ciutureanu...
Arad Authorities Get EUR9M Loan From EBRD To Buy New Trams
Local authorities in Arad, western Romania, and the EBRD on Friday signed a EUR20 million loan agreement, with EUR9.4 million to be used to buy six new trams and the difference to refinance...
Fight Over Control Turns SIF Muntenia Into Most Valuable Of The Five SIFs
The fight between a powerful group of shareholders and the current management of regional investment fund SIF Muntenia (SIF4.RO) over its EUR300 million assets helped its shares preserve the...
Four New Wind Farms Worth Over EUR230M Launched In 2012
Romania had fifteen wind farms worth more than EUR1.7 billion operational at the beginning of June. Four of the fifteen farms, whose total capacity stands at about 1,165 MW, more than a Cern...
How Much Further The Leu Can Depreciate And Who Would Be Affected By A Euro Worth RON5
The depreciation of the leu towards RON5 per euro would affect Romanians whose loans in euros are worth EUR3.5 billion and would lead to a deterioration of banks’ loan portfolios and an incr...
Daniel Antor Becomes CEO Of Tiriac Auto
Daniel Antor was appointed chief executive of Tiriac Auto, part of Tiriac Holdings and the largest network of dealers on the Romanian market, on Thursday, company officials said.
Milan Radin Brings Drogerie Markt Chain To 50 Stores In Five Years
Milan Radin, 36, left Romania when he was 15, back when the Iron Curtain had yet to fall. He came back in 2007 after persuading German-held drogerie markt to enter the Romanian market. The R...
Ponta Replaces Head Of Energy Regulator
Dan Iulius Plaveti has been recalled as president of Romania's National Energy Regulations Authority, by order of Prime Minister Victor Ponta, and replaced with Niculae Havrilet, former head...
ICCO, Lockheed Martin Invest $15M In Renewable Energy Production At Ghimbav
The ICCO group and US company Lockheed Martin on Thursday launched Romania's first private Smart Grid project, in the ICCO Ghimbav Industrial Park in Brasov county, with an investment of $15...
Terapia Ranbaxy Aims For 14% Growth In Sales In 2012
Cluj-based pharmaceuticals producer Terapia Ranbaxy, a unit of Japan's Daiichi Sankyo, expects sales on the domestic market to reach about 400 million lei (EUR90 million) this year, up 14% f...
Sergiu Manea Takes Charge Of ATE Bank Again
Sergiu Manea, one of the veterans of the Romanian banking system has returned as chief executive of ATE Bank, the local branch of the Agricultural Bank of Greece, replacing Sotirios Skandami...
Vasilescu: BNR Will Use “All Its Instruments” To Stop An Excessive Depreciation Of The Leu
The National Bank of Romania doesn’t plan on sitting idly by, but will use all the instruments at its disposal if an excessive appreciation of the US dollar might endanger the price stabilit...