Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
Mechel Targoviste Sees Narrower Loss This Year, At RON116M
Romanian steel processor Mechel Targoviste (COS.RO) expects a net loss of 116 million lei (EUR26.5 million) this year, 13% lower than RON133 million in 2011.
PAID Shareholders Want To Issue Mandatory Home Insurance Policies Themselves
The new strategy of Romania's Pool of Insurance Against Disasters (PAID) is to raise the premium for mandatory home insurance and allow only PAID shareholders to sell such policies.
Boromir Prod Eyes Double Profit This Year
Romanian milling and bakery company Boromir Prod Buzau (SPCU.RO) plans to double its profit this year, to 2.7 million lei (EUR617,000), and to invest EUR2.6 million to expand its production...
SMEs Facing Enforced Execution May Access Loans Guaranteed By State As Of July 1
Romanian small and medium companies facing enforced debt payment proceedings will have access, as of July 1, to loans with government guarantees and counter-guarantees, as long as their dest...
Furniture Retailer kika Romania Turnover Up 6% In Last Financial Year
The turnover of furniture retailer kika Romania grew 6% in the financial year ended March, and the Austrian parent group expects it will increase by 5% to 10% this year.
Public Radio Earned RON195M From Radio Fee, RON4M From Advertising In 2011
Romania's state-owned radio broadcasting company SRR last year had revenue of 195.2 million lei (EUR44.6 million) from the radio fee, and over RON4 million from advertising, reporting total...
Top Projects Completed After Five Years Of EU Funding: Training Courses, Danube Depth Measurements And Master Plans
The best proof that Romania is lagging behind in terms of attracting European funds was given on Wednesday during a visit by the president of the European Council.
Quicker Payments To Budget Saved First-quarter Deficit Figures
The spectacular rise of collection from the corporate tax and the higher amount attracted to the budget in March from individual income taxes contributed to the rise of budget revenues by 16...
Dan Ioan Popp Replaced As Impact Chairman
Dan Ioan Popp, the founder the real estate developer Impact Developer&Contractor (IMP.RO), was replaced from his position as chairman of the board of directors during the general meeting of...
Mihalcea, D-Link: Replacements Can Be Found For RHS And Scop
The local electronics and appliances distribution market, worth an estimated EUR1.3-EUR1.5 billion per year, has not been very affected by the freeze of the accounts and the insolvency of IT...
Unirea Rent Down 28% Against 2008 Despite Big Fashion Retailers Joining Ground Floor
At the entrance to Unirea shopping center next to McDonald’s, one of the most popular meeting places for young people in Bucharest, customers continue to flock 5-10 minutes before 10 AM, wai...
C&A’s Romanian Sales Double In Fiscal 2011
Clothing retailer C&A, one of the largest in the world, made EUR45 million to EUR50 million in revenue in Romania in the fiscal 2011, double as much as in 2010, according to ZF estimates.