Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
Artego Targu Jiu 1Q Turnover Up 7.3% To RON48.5M
Rubber bands maker Artego Targu Jiu (ARTE.RO) reported turnover of 48.5 million lei (EUR11.1 million) in the first quarter of 2012, 7.3% higher on the year, while its profit climbed to RON2....
Romania To Raise Public Sector Wages By 8% On June 1 And 7.4% On Dec 1 - Draft
Romania's Labor Ministry has put up for public debate a draft ordinance raising salaries in the public sector by 8% as of June 1 and by a further 7.4% as of December 1.
GTC Group's Revenues From Romania, Bulgaria Up 41% In 1Q 2012
The revenues of development group Globe Trade Centers (GTC) in Romania and Bulgaria grew by 41% in the first quarter of 2012, compared with the same period of 2011, to EUR5.5 million, with t...
Teraplast Switches To Loss In 1Q 2012
Romanian construction systems maker Teraplast (TRP.RO) reported turnover of 37.5 million lei (EUR8.47 million) in the first quarter, 1.4% lower on the year, and losses of RON2.9 million, fro...
SSIF Broker Profit Up 86% In 1Q 2012, To RON4.25M
Romanian brokerage house SSIF Broker (BRK.RO) reported net profit up by 86% in the first quarter of 2012, to 4.25 million lei (EUR960,000), but its turnover dropped by almost 11%, to RON843,...
Romcarbon Switches To RON1M Loss In 1Q '12
Romanian plastic profiles producer Romcarbon Buzau (ROCE.RO) Friday said it turned to a net loss of 1 million lei (EUR0.22 million) in the first three months, compared to a net profit of RON...
Romania Below Global Average On Employee Work-Life Balance – Study
The work-life balance has improved all over the world, but in Romania it is eight points below the global average, says a survey by Regus, which polled 16,000 employees and businesspeople in...
Ford Romania Boss: Craiova Is The Place To Be In Europe Now
Ford Europe completed the EUR675 million investments in the plant in Craiova six months ahead of schedule and began production of the EcoBoost engine, the final step before launching the man...
Romanians Have EUR1.7B In Private Pension Accounts
The nine mandatory private pension funds (Pillar II) were managing 7.5 billion lei (EUR1.7 billion) at the end of April after RON260 million entered the accounts of the 5.6 million contribut...
Central Bank Worried About Capital Outflows From Banking Market
The significant reduction in the exposure of eurozone parent banks to financial markets in the region, including Romania, and the higher volatility of capital flows in general, have become t...
First Quarter Review: Consumption, Drugs And Mall Sales Up, Energy And Beer Sales Down
The start of the year came with different signals from the main sectors of Romania's economy, so a clear trend cannot be outlined for the first quarter of the year, according to data release...
Razvan Badalicescu, Former Head Of Citi’s Corporate Operations, Leaves RCS&RDS
Razvan Badalicescu, former executive vice-president in charge of the corporate banking division of Citibank, has left the telecom group RCS&RDS only a few months after joining the company's...