Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
Retrasib Turnover Down Slightly In 1Q 2012
Romanian transformer maker Retrasib Sibiu (RTRA.RO) reported turnover down 5% in the first quarter of 2012, to 7.5 million lei (EUR1.7 million), with profit up 17% to RON209,000 (EUR48,000).
UCM Resita Loss Widens To RON12M In 1Q 2012
The revenues of Romanian engine manufacturer UCM Resita (UCM.RO) declined by 16% in the first quarter, from 37.7 million lei (EUR8.53 million) to RON31.5 million, while losses increased by o...
Intercontinental Hotel Swings To Loss In 1Q 2012
Romanian hotel operator Compania Hoteliera Intercontinental Bucuresti (RCHI.RO), which manages the Intercontinental hotel in Bucharest, swung back to losses of 2.19 million lei (EUR495,000)...
CE Rovinari Selects China Huadian Engineering For EUR800M Project
Romanian state-owned thermal power producer CE Rovinari has accepted a bid from China Huadian Engineering for the construction of a power plant for EUR800 million, but if negotiations fail,...
Government Should Focus On EU Funds, Reducing Tax Evasion, Reviving Economy – Association
Attracting structural funds, reducing tax evasion and measures for economic recovery, alongside public-private partnership, are the main issues that should be on the new Government's mind, s...
Businessman Dinel Staicu Released On Bail
A Bucharest court on Thursday decided to release Romanian businessman Dinel Nutu (formerly Staicu), charged with defrauding Transgaz Medias, on bail.
Expert Chosen To Select CEN Oltenia CEO Gets To Work
The quest to identify the chief executive officer of Complexul Energetic Oltenia (Oltenia Energy Complex) has now begun with the choice of Kienbaum, Germany’s largest executive search firm,...
Richard Branson: For Success In Business, Follow Your Passion And Improve On Existing Services
Over 2,500 managers from local companies were present on Wednesday at a Bucharest conference held by British billionaire Richard Branson, founder of Virgin Group, an empire with 300 companie...
Brunello Cucinelli To Debut On Romania's Fashion Market
Carmen and Sorin Seitan, with 16 years’ experience in fashion retail, are opening a new luxury store this year. The two entrepreneurs will bring one of the world’s most expensive brands, Bru...
Euronet Paid $18 Million To Buy Payment Processor PayNet
Euronet Worldwide paid $18.3 million to some Greek investors to buy card-processing provider Smart PayNetwork (PayNet) at the end of last year, the company’s annual report reads.
Healthcare Budget To Lose RON1B Yearly By Eliminating Part Of Pension Contributions
Romania's social health insurance fund will be out more than 760 million lei (EUR172 million) this year, as a share of contributions from pensions over RON740 will no longer be charged, and...
Certasig Insured Europa League Final Opening Ceremony For EUR6.2M
Certasig has insured the opening ceremony of the Europa League final for EUR6.2 million, the most expensive policy sealed by a Romanian insurer for a local event.