Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
Iproeb Bistrita 1Q Turnover Down 17% To RON21.5M
Romanian cable maker Iproeb Bistrita (IPRU.RO) Friday announced its turnover decreased 17% in the first quarter, to 21.5 million lei (EUR4.9 million), and reported profit of only RON40,000,...
Prefab Revenue Down 45% In 1Q To RON8.5M
Romanian building materials maker Prefab (PREH.RO) announced its revenue dropped 45% in the first quarter, to 8.5 million lei (EUR1.9 million) from RON15.7 million a year earlier, while net...
Happy Tour Not Planning More Acquisitions, Despite Number Of Offers
Happy Tour, the largest Romanian tour agency by turnover, has received offers from more than 15 other large and medium-sized agencies looking to be taken over, but the company is not plannin...
Court Bars Decision To Set Up Hungarian Teaching Division At Targu Mures University
The Romanian Government decision establishing a Hungarian teaching division in the University of Medicine in Targu Mures was suspended Friday by a ruling of the Targu Mures Court of Appeals,...
Ponta: New Ruling Coalition Has 231 Seats In Parliament
Romanian Prime Minister-designate Victor Ponta said Friday that, as two more MPs have joined the Liberal Party, the new ruling coalition USL has 231 seats in Parliament, exactly the number n...
MKB Expected To Sell Romexterra Below Asset Value
The MKB group took an impairment of around EUR169 million on its Romanian investment as early as last year, at a time when the management expected to sell Romexterra Bank for a low price, wh...
Government Change Delays Romania's Privatization Plans
Oltchim Ramnicu Valcea (OLT.RO), the largest chemical plant in Romania, posted losses of 82.8 million lei (around EUR19 million), which means that for every day its privatization is delayed,...
Romania Is Among C&A’s Top Manufacturers, Alongside Bangladesh And Pakistan
Clothing retailer C&A, one of the largest players in Europe, manufactures around eight million clothing items under contract in Romania, and then sells them from its European stores.
Mechel Campia Turzii Loss Widened To RON107M In 2011
Romanian steel works Mechel Campia Turzii (INSI.RO) last year posted losses of 107.2 million lei (EUR25.3 million), 40% higher than in 2010, but expects the losses to decrease by 31% this ye...
Tender Grup To Probe 5,300 Square Km Oil Block In West Africa
Tender Grup, controlled by Romanian businessman Ovidiu Tender, has signed a lease agreement with the Agency for Management and Cooperation between Senegal and Guinea-Bissau for the geologica...
Shareholders Approve Creation Of Power Company CE Oltenia
The shareholders of Romanian energy complexes Craiova, Rovinari and Turceni on Monday approved their merger into Complexul Energetic Oltenia, according to a report sent Thursday to Fondul Pr...
Romania Unable To Meet Deadline For Tender On Study For Broadband Internet Project
The tender for a feasibility study for the Ro-NET project, to develop broadband Internet infrastructure in Romania, which will receive EUR84 million from the EU, cannot be held by the deadli...