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Translator

Radu Bostan

Reporter

Fields
Social/Politics, Automotive, Banks-Insurance
Writing for ZF since
2011
Articles
2.182
Retail&Consumer

Boromir Prod 1Q Sales Down 18.3% To RON28.1M

Romanian milling and bakery company Boromir Prod Buzau (SPCU.RO) reported sales of 28.1 million lei (EUR6.4 million) in the first quarter, down 18.3% on the year.

Radu Bostan · 15.05.2012 · 18:48 · 1 min
Energy

Armax Gaz 1Q Sales Down 46% To RON17.9M

Romanian oil and gas equipment maker Armax Gaz Medias (ARAX.RO) reported sales of 17.9 million lei (EUR4.03 million) in the first quarter, down 46% from the RON33.4 million posted in the sam...

Radu Bostan · 15.05.2012 · 18:18 · 1 min
Retail&Consumer

Avicola Brasov 1Q Sales Up 25% To RON27.8M

Romanian poultry processor Avicola Brasov (AVLE.RO) reported sales of 27.8 million lei (EUR6.26 million) in the first quarter of 2012, up 25% on the year, and losses of RON167,000, from RON2...

Radu Bostan · 15.05.2012 · 18:09 · 1 min
Banks-Insurance

Astra Asigurari Switches To Loss In First Quarter

Romanian insurer Astra Tuesday said revenue from underwritten premiums fell 11.7% on the year in the first quarter, to 295.65 million lei (EUR66.57 million), while its bottom line turned neg...

Radu Bostan · 15.05.2012 · 17:34 · 1 min
Energy

France's Vinci To Improve Energy Efficiency Of Romanian Vulcan For EUR2M

Vinci Facilities Romania, part of French construction group Vinci, will rehabilitate and upgrade the equipment of steam generator maker Vulcan Bucuresti (VULC.RO), to improve its energy effi...

Radu Bostan · 15.05.2012 · 14:22 · 1 min
Banks-Insurance

CSA Received Three Bids For Employee Insurance Contract

Romanian insurance regulator CSA has received offers from Alico, Generali and ING Asigurari to provide life insurance for its 178 employees, through a contract worth an estimated 27.7 millio...

Radu Bostan · 15.05.2012 · 13:15 · 1 min
Baneasa Developments CEO: The Big Problem Is Romania Doesn’t Have Its Own Banks
Real Estate

Baneasa Developments CEO: The Big Problem Is Romania Doesn’t Have Its Own Banks

Georgios Argentopoulos, whom Gabriel Popoviciu and his business partners put in charge of the commercial area of the Baneasa project at the beginning of this year, intends to implement a cor...

Radu Bostan · 15.05.2012 · 00:00 · 4 min
How The Muntmark Family Became The Biggest Developer Of Wind Farms In Romania
Energy

How The Muntmark Family Became The Biggest Developer Of Wind Farms In Romania

The Muntmarks were among the first people to set their eyes on the wind power three years before Romania became a EU member and now one in two turbines in service are part of a farm they dev...

Radu Bostan · 15.05.2012 · 00:00 · 3 min
Price Of Clunkers Vouchers Triples
Automotive

Price Of Clunkers Vouchers Triples

Vouchers for the clunkers scheme are traded on the market at prices ranging between RON2,600 and RON3,000, three times more than in previous years, according to a ZF analysis.

Radu Bostan · 15.05.2012 · 00:00 · 1 min
Azomures Turnover Up 9% To RON446M In First Quarter
Energy

Azomures Turnover Up 9% To RON446M In First Quarter

Chemical fertilizer maker Azomures (AZO.RO) Monday said its turnover increased 9% in the first quarter, to 446.4 million lei (EUR102.5 million), while the net profit climbed 5%, to RON46.5 m...

Radu Bostan · 14.05.2012 · 20:30 · 1 min
Retail&Consumer

Electroarges 1Q Turnover Up 10.3% To RON39.2M

Romanian home appliance manufacturer Electroarges (ELGS.RO) said Monday its turnover increased 10.3% in the first quarter of 2012, to 39.2 million lei (EUR9 million), while profit increased...

Radu Bostan · 14.05.2012 · 19:44 · 1 min
Capital Market

SIF Oltenia 1Q Revenue Quadruples To RON27.7M

Romanian regional investment fund SIF Oltenia (SIF5.RO) reported revenue of 27.7 million lei (EUR6.3 million) and expenses of RON7.2 million (EUR1.6 million) for the first quarter, the compa...

Radu Bostan · 14.05.2012 · 19:18 · 1 min