Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
Cluj Authorities To Give Airlines EUR5M Subsidy To Serve New Routes
The Cluj County Council on Monday approved financial aid of more than EUR5.2 million until 2020 for certain airlines, to launch new flights or raise their frequency, with a view to increasin...
U.S. Department Of State: Romania Has Problems With Corruption, Biased Judiciary
The U.S. Department of State says, in its 2011 report on human rights practices, that Romania continues to have problems with corrupt public officials, a sometimes partial judicial system, a...
Leu Depreciation Adds EUR100M To Borrowers’ Bill
The depreciation of the leu and the rise in money market interests add extra charges to the bill of the four million Romanians who took out loans from banks.
Head Of Largest Steel Plant: Dacia Saved Renault From Bankruptcy
Dacia is one of the “success stories” of the Romanian and international economy because it saved French group Renault from bankruptcy and is a model for ArcelorMittal Galati, said Bruno Ribo...
Palas Iasi, Most Expensive Real Estate Project Outside Bucharest, Enters Finishing Straight
The mall inside the Palas Iasi (NE Romania) project, the largest real estate investment outside Bucharest, will open on May 31. The project, which started eight years ago via a repeatedly ch...
Market Of GPS Tracking Systems Seen Up By 40,000 Vehicles In 2012
The local market of GPS vehicle tracking systems will increase by over 10% in 2012, from EUR9.2 million in 2011.
Finance Ministry Considers Yearly Profit Tax For Market Transactions
Romania's Finance Ministry is considering introducing a yearly tax on profitable capital market transactions, dropping the previous plan to tax each profitable transaction in turn, criticize...
MKB Romexterra Leasing Plans RON22M Capital Decrease
Romanian MKB Romexterra Leasing plans to reduce its share capital by 22.6 million lei (EUR5 million), from RON41.7 million to RON19.1 million, to cover the loss carried forward.
Only 10% Of Romanian Roma Worked Constantly In Last Two Years, Over 50% Did Not Work
Only 10% of the Roma in Romania have had a constant job in the last two years and, although 50% say they are self-employed, in fact 90% of them work illegally, says a study published Thursda...
Romania To Sell 40 Flats, Commercial Properties In Central Bucharest
RA-APPS, the Romanian authority that administers government-owned real estate, will auction off a large batch of properties in the center of Bucharest, including five business premises and 3...
Over 100 Employees Have Left Rompetrol This Year
Rompetrol, the second-largest player on the Romanian oil market, continued cost cuts in the first part of this year, with over 100 people having left the group since the beginning of 2012. R...
Orange HR Manager: Inspectors Should Be Paid Based On How Much They Fine Informal Labor
The Labor Ministry has enough statistics to solve deficiencies on the labor market, but it needs to find simple methods to increase budget revenues and to direct the money to areas where the...