Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
DTZ: Bucharest Luxury Residential Market Dominated By Leases; Monthly Budget Stands At EUR3,000-20,000
Bucharest's luxury residential market was dominated this year by leases, with the monthly budgets for such properties ranging from EUR3000 to EUR20,000, according to a study by DTZ Echinox.
Norway To Give Romania EUR300M In Non-Refundable Aid To Reduce Pollution
The Norwegian government will give Romania non-refundable aid worth EUR306 million in 2012-2014, destined for companies using non-pollutant technologies.
Omniasig And BCR Asigurari Unable To Beat Astra Despite Merger
Omniasig and Astra continue to fight over the leading position on the general insurance market, as the cumulated revenue of Omniasig and BCR Asigurari, which merged last month, fell below As...
OMV: Petrom Will Remain An Integrated Company, But Any Fiscal Change Will Affect Investment Plans
Almost one year since becoming chief executive of OMV, Gerhard Roiss gives a few clues about the prospects of Romania's largest oil and gas producer, Petrom, as well as its future challenges...
Romstrade Plans To Double Revenue This Year
Romanian construction company Romstrade, controlled by businessman Nelu Iordache, has budgeted 140% growth of its revenue to some 1.25 billion lei (approximately EUR290 million) for this yea...
Wrigley Romania’s Chewing Gum Sales Reach EUR50M In 2011
Wrigley Romania, the producer of the Orbit chewing gum, posted sales of 214 million lei (around EUR50 million) last year, up about 4% on 2010.
Orange Keeps Profit Margin Above 20%
Orange, the largest company on the Romanian communications market, preserved its net profit margin at more than 20% of its revenue last year, which is close to the level in 2010, according t...
Insurer Astra Eyes Georgian Market, Worth EUR140M In 2011
The shareholders of Romanian insurer Astra (ATRA.RO) on July 2 will discuss setting up an insurance-reinsurance company in Georgia and contributing to its capital.
Romania To Cooperate With Prince Charles To Promote Tourism In Carpathians
Romania's Government will cooperate with the British Royal Family, specifically with Prince Charles' representatives, to promote tourism in the Carpathian Mountains, minister Eduard Hellvig...
What A “Grexit” Would Mean For Romania: Euro Above RON5 And Doubled Interest Rates
The leu’s depreciation by 10%-15% against the euro and the doubling of interest rates for lei on the interbank market would be the direct and fast effects on the Romanian market of the prosp...
Politicians Replaced Transelectrica CEO Five Times In Three And A Half Years
All the politicians in office at the Economy Ministry over the last four years have felt they had to appoint new chief executives at Transelectrica (TEL.RO), the company that operates the na...
Cheapest Stocks On The Bucharest Stock Exchange By P/E Ratio
About 30% of the companies listed on the Bucharest Stock Exchange are trading at a price-to-earnings (P/E) ratio of less than 10, while the P/E of 30% of them is negative, because of the los...