Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
Agriculture Ministry To Sponsor Bill Promoting Sale Of Local Produce
Romanian Agriculture Minister Daniel Constantin said Sunday that he will sponsor a bill package to promote Romanian food products and stimulate their sale in hypermarkets.
Electrica GM Resigns
Ioan Folescu, general manager of Romanian energy supplier Electrica, resigned Friday, after the new administration expressed its doubts over his lack of political involvement.
Basescu: Tarom Direct Flights To USA Unlikely
Romanian President Traian Basescu said Saturday, in Chicago, during a meeting with Romanians living in the USA, that it is unlikely that Tarom will resume flights to the US, since they cause...
Posta Romana To Lay Off 6,500 Employees, Almost 20% Of Staff
Romania's state-owned postal operator, Posta Romana, will sack almost 20% of its staff to avoid insolvency, with 1,029 employees to leave over the next three months and a further 5,500 emplo...
Basescu: Romania Wins With Any Alternative Energy Project In Balkans
President Traian Basescu said Friday that any of the alternative energy supply projects in the Balkan region is a win for Romania, whether it is Nabucco, the South East Europe Pipeline or th...
Transport Minister: Work On Transylvania Highway To Move Ahead
Work on the Transylvania Highway will continue in Bihor county after the Transport Ministry will pay US constructor Bechtel 98 million lei (EUR22 million), minister Ovidiu Silaghi announced...
US Trader Goes From Wall-Street Investments To Buying Farmland In Romania And Bulgaria
Jeffrey Notaro, a trader who worked on Wall Street for 18 years, where he traded both bonds and futures contracts, set up investment fund Black Sea Agriculture seven years ago, together with...
Romanians Withdraw RON100 Billion From ATMs In One Year
Withdrawals from cash points exceeded 100 billion lei (almost EUR23 billion) between April 2011 and March 2012, five times the payments by card to merchants during the same amount of time, c...
Should The Economy Adjust To An Exchange Rate Of RON4.5 Per Euro?
The depreciation of the Romanian leu is helping exporters and encourages lending in local currency, but it is also boosting non-performing loans and increases people’s fears, which will impa...
ArcelorMittal Galati CEO: Productivity Must Increase, The Good Old Days Won't Return
Limits are only in our minds, and if the bad news is that it is tough out there right now and the good old days will not be back, there is also good news. This is but part of the philosophy...
Romania's Spending On Healthcare Is Lowest In EU, Study Finds
Romania spends less on healthcare as a share of the GDP than any other EU state – 5.6% in 2009, compared with the EU average of 9.9%, and 3.7% in 2011, which is only two thirds of the necess...
Nica: Without Restructuring Plan, Posta Romana Will Go Under
The board of Romanian state-owned postal operator Posta Romana will discuss Friday a plan to restructure the company and avoid bankruptcy, entailing a new organization, and the sacking of 10...