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Translator

Radu Bostan

Reporter

Fields
Social/Politics, Automotive, Banks-Insurance
Writing for ZF since
2011
Articles
2.182
Siemens Romania Turnover Exceeded EUR500M In Last Three Years
Technology &Telecoms

Siemens Romania Turnover Exceeded EUR500M In Last Three Years

German group Siemens' turnover on the Romanian market exceeded EUR500 million in the last three years from its operations in industry, energy, healthcare and IT.

Radu Bostan · 03.05.2012 · 16:28 · 1 min
Social/Politics

Ponta Hopes IMF Will Accept Public Sector Wage Raises

Romania's Prime Minister-designate, Victor Ponta, said Thursday that salary raises for the public sector are included in the government program, adding that he hopes negotiations with the IM...

Radu Bostan · 03.05.2012 · 15:45 · 1 min
Former Head Of Tax Authority Leaves Public Administration
Social/Politics

Former Head Of Tax Authority Leaves Public Administration

Sorin Blejnar, former head of Romania's tax authority ANAF, has announced he is resigning from the department for the investigation of large wealth, because he will not work in an administra...

Radu Bostan · 03.05.2012 · 14:32 · 1 min
Basescu: Moldova Won't Be Buffer State Between NATO And Russia
Social/Politics

Basescu: Moldova Won't Be Buffer State Between NATO And Russia

Romanian President Traian Basescu said Thursday that Moldova is unlikely to turn into a buffer-state between NATO and Russia, on account of Romania hosting elements of the missile defense sy...

Radu Bostan · 03.05.2012 · 14:02 · 1 min
Capital Market

Listed Companies Pay Highest Dividends On Record, But Investors Want Money Faster

Although stock exchange investors will collect record-high dividends, of over 3.6 billion lei (more than EUR800 million) this year, they are unhappy that some companies start to pay dividend...

Radu Bostan · 03.05.2012 · 00:00 · 5 min
H&M Raises Revenues Of AFI Cotroceni Mall By 15% In 1Q To EUR46M
Retail&Consumer

H&M Raises Revenues Of AFI Cotroceni Mall By 15% In 1Q To EUR46M

Retailers in AFI Palace Cotroceni mall in Bucharest, controlled by Israeli group AFI Europe, posted sales of EUR46.1 million in the first three months of this year, up 15% on the similar per...

Radu Bostan · 03.05.2012 · 00:00 · 2 min
Health

Farmaceutica Remedia Posts RON54M Turnover In 1Q 2012

Romanian drug distributor Farmaceutica Remedia Deva (RMAH.RO) posted turnover of 54 million lei (EUR12.4 million) in the first quarter of 2012, up 7% on the year, and profit down by 10%, to...

Radu Bostan · 02.05.2012 · 19:44 · 1 min
Automotive

Navrom Galati Switched To Profit Of RON2.21M In 2011

Romanian river navigation company Navrom Galati (COVG.RO) switched to profit last year, posting net earnings of 2.21 million lei (EUR500,000), after losses of RON3.45 million in 2010, accord...

Radu Bostan · 02.05.2012 · 17:55 · 1 min
Retail&Consumer

Avicola Bucuresti Turnover Up 10% In 2011, To RON26M

Romanian poultry producer Avicola Bucuresti (AVBW.RO) reported turnover of 26 million lei (EUR6.13 million) in 2011, up 10% from RON23.6 million in 2010.

Radu Bostan · 02.05.2012 · 17:54 · 1 min
Social/Politics

Outgoing Government Plans To Allot RON33M For Church Construction, Repairs

Romania's outgoing Cabinet wants to allot more than 33.6 million lei (EUR7.6 million) from the budget reserve fund to build and repair churches, arguing that they were damaged by last winter...

Radu Bostan · 02.05.2012 · 16:19 · 1 min
Volksbank Romania Head Johann Lurf Steps Down
Banks-Insurance

Volksbank Romania Head Johann Lurf Steps Down

Johann Lurf will step down as president of Volksbank Romania, after two years in the position, and the bank will have a replacement in June.

Radu Bostan · 02.05.2012 · 15:58 · 1 min
Social/Politics

Romania Must Access EUR2.5B In EU Funds For Agriculture By End-Year – Minister-Designate

Romanian Agriculture Minister-designate Daniel Constantin said Wednesday that the ministry must access around EUR2.5 billion in European funds by the end of the year.

Radu Bostan · 02.05.2012 · 15:23 · 1 min