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Translator

Radu Bostan

Reporter

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

Pensioners Might Be Refunded For Healthcare Contributions In 16 Tranches - Sources

Romania's Government and the IMF have discussed refunding pensioners their health insurance payments in 16 installments, corresponding to the 16 months (January 2011-April 2012) during which...

Radu Bostan · 08.05.2012 · 16:11 · 1 min
Energy

Metrorex Seeks To Buy Energy For RON62M

Bucharest subway operator Metrorex will hold a tender at the end of May to buy electricity for one year, through a contract worth an estimated 62.64 million lei (EUR14.22 million).

Radu Bostan · 08.05.2012 · 14:34 · 1 min
Social/Politics

Lower House Grants Tax Amnesty To Public Servants Forced To Return Bonuses

Romania's Chamber of Deputies on Tuesday adopted a bill granting tax amnesty to around 300,000 public sector employees obliged to give back bonuses received in 2008-2010.

Radu Bostan · 08.05.2012 · 13:45 · 1 min
Banks Pay Less To Attract Deposits In Lei, But Continue To Pursue Euro Deposits
Banks-Insurance

Banks Pay Less To Attract Deposits In Lei, But Continue To Pursue Euro Deposits

The average interest rate displayed by banks for household deposits in lei has diminished by a quarter of a percent in March to 6.24% a year, with the plentiful liquidity on the market putti...

Radu Bostan · 08.05.2012 · 00:00 · 3 min
Ropharma Owner Set To Boost Production To 10% Of Turnover
Health

Ropharma Owner Set To Boost Production To 10% Of Turnover

Businessman Mihai Miron, who controls pharmaceutical company Ropharma, says he plans to have production growth outstrip total turnover growth this year. This is the first time Mihai Miron ha...

Radu Bostan · 08.05.2012 · 00:00 · 2 min
Romania Faces Energy Shortage As Many Power Plants Are Obsolete
Energy

Romania Faces Energy Shortage As Many Power Plants Are Obsolete

Major energy groups operating in Romania say the local market might be faced with an electricity shortage as of 2016 because most of the country’s thermoelectric or hydroelectric power plant...

Radu Bostan · 08.05.2012 · 00:00 · 3 min
Bucharest-Ploiesti Highway Delayed Again
Automotive

Bucharest-Ploiesti Highway Delayed Again

The penalties of 0.05% a day have not had any effect on the three out of four construction companies which have not completed works on A3 Bucharest-Ploiesti highway, with one single section...

Radu Bostan · 08.05.2012 · 00:00 · 3 min
Automotive Production To Reach 400,000 Cars And Generate EUR5.4B Exports This Year
Automotive

Automotive Production To Reach 400,000 Cars And Generate EUR5.4B Exports This Year

More than 400,000 vehicles will be assembled in Romania in the two plants in Mioveni and Craiova (south of the country) this year, writes the “Auto Market 2012” yearbook published by ZF.

Radu Bostan · 08.05.2012 · 00:00 · 2 min
Romania's New Cabinet Endorsed By Parliament
Social/Politics

Romania's New Cabinet Endorsed By Parliament

Romania's new Cabinet, led by social democrat Victor Ponta, on Monday received the Parliament's endorsement.

Radu Bostan · 07.05.2012 · 20:05 · 1 min
Romania Has The Advantage Of The Flat Rate, But Loses Attractiveness Because Of Social Contributions – Survey
Analysis

Romania Has The Advantage Of The Flat Rate, But Loses Attractiveness Because Of Social Contributions – Survey

Romania remains attractive for Western European employers in terms of salary costs thanks to its 16% flat-rate income tax, but loses ground in terms of social security contributions, which a...

Radu Bostan · 07.05.2012 · 17:33 · 2 min
Parliament Committees Endorse Victor Paul Dobre As Minister Delegate For Administration
Social/Politics

Parliament Committees Endorse Victor Paul Dobre As Minister Delegate For Administration

Romania's joint Parliament committees on Monday endorsed Victor Paul Dobre as Minister Delegate for Administration, with 24 votes for, one vote against and one abstention.

Radu Bostan · 07.05.2012 · 16:08 · 1 min
Parliament Committees Endorse Ioan Mang For Education Minister
Social/Politics

Parliament Committees Endorse Ioan Mang For Education Minister

Romania's joint Parliament committees on Monday endorsed Ioan Mang for the office of Minister of Education.

Radu Bostan · 07.05.2012 · 15:50 · 1 min