Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
Amway Romania Sales Down 14% In 2011 To RON78M
Direct sales company Amway Romania announced Tuesday that its turnover dropped 14% to 78 million lei (EUR17.5 million) last year, because of the difficult economic context.
Appetite For Luxury Cars Returns
The luxury car market overshot the EUR6.5 million mark in the first four months of the year, according to a ZF analysis based on the top of the line models of the most exclusive cars registe...
Romania's Public Debt Nears 40% Of GDP
Romania’s public debt is approaching its sustainability limit, 40% of GDP, the maximum level accepted by investors. At the price of creating a liquidity buffer, the growth of the public debt...
Software Companies Look Eastwards For Expansion
With the local software market stagnating at about EUR700 million last year, developers are looking increasingly more often at the international market to boost revenue. This is why the coun...
Pizza Hut Resumes Expansion After Four Years
The Pizza Hut restaurant chain is resuming expansion on the restaurant format after an about four-year break, and this could be a first signal that the company expects consumption to rebound...
Senate Adopts EU Fiscal Stability Treaty
Romania's Senate on Monday adopted the bill ratifying the European Union's fiscal stability treaty, following its adoption by the Chamber of Deputies two weeks ago.
More Than 1400 Employees Left Romanian Banking System In 1Q 2012
More than 1,400 employees left the Romanian banking system in the first three months of 2012, one of the most significant quarterly declines since the start of the crisis.
What's Next For Burduja, Raiffeisen's Number Two
Marinel Burduja is getting ready to conclude the most important period of his banking career - the ten years during which he built the corporate banking division of Raiffeisen, but says he i...
Ups And Downs On Auto Market: Growth For Expensive Brands And Trucks, Decline For Volume Brands
Seventeen auto brands out of 44 sold in Romania posted higher sales in the first four months of the year compared with the year-ago period, according to a ZF analysis based on the data provi...
Firms Liquidate Deposits Above EUR100,000 From Banks Because Of Lower Interest Rate
Almost 1,000 companies with bank deposits above 100,000 liquidated their deposits, while the number of depositors holding less than that amount fell by 7,800, according to the bank deposit g...
BNR’s Greatest Fear: Aggressive Lending Cut By European Banks
The fast, excessive and erratic reduction of lending by euro zone banks on the local market is the greatest risk threatening Romania, the central bank (BNR) believes, as a consequence of the...
Romania's Administration Idles While New State Secretaries Are Hired
Two weeks after the new Government took office, one quarter of the jobs of state secretaries with in the ministries are still not filled. The sharing out of jobs from state secretaries downw...