Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
Alum Tulcea Plans Investments Of $6.8M This Year
Romanian alumina producer Alum Tulcea (BBGA), controlled by the Vimetco group through Alro Slatina, is planning investments worth $6.85 million this year.
SIF Transilvania Approves RON0.17/Share Dividend For 2011
Romanian regional investment fund SIF Transilvania (SIF3.RO) on Thursday approved paying a gross dividend of 0.1712 lei (EUR0.04) per share from the 2011 profit, 5.7 times higher than the di...
Turbomecanica Eyes Return To Profit In 2012, After Four Straight Years Of Losses
Romanian aircraft parts manufacturer Turbomecanica (TBM) estimates it will switch to net profit of 34.3 million lei (EUR7.84 million) this year, after total losses of RON66.6 million in the...
SIF Transilvania Posts 54% Higher Revenue In 1Q, RON90.9M
Romanian regional investment fund SIF Transilvania (SIF3.RO) Thursday reported revenue of 90.9 million lei (EUR20.8 million) in the first quarter, 54.1% higher on the year.
Romanian Railway Admin Signs EUR183.5M Contracts For Infrastructure Projects
Romanian railway administrator CFR on Thursday signed nine contracts, worth a total EUR183.5 million and financed from European funds, for infrastructure upgrade projects.
Private Pension Administrators To Report On Investments To Regulator Every Week
Romanian private pension fund administrators will be required to send a detailed report on their investments to regulator CSSPP every week, in accordance with two bills that amend current ru...
Romanians With Low Household Water Consumption Spend More To Evacuate Rainfall
Rainwater evacuated through the public sewage system in Romanian towns costs more than household water, because of an anomaly in a price formula that has not been improved in decades, despit...
Fondul Proprietatea Shareholders Ask For Dividend Payments To Be Sped Up
The shareholders of Fondul Proprietatea asked for the process of dividend payment to be sped up in Wednesday’s general meeting of shareholders in which the payment of dividends worth 531 mil...
Agricover Becomes Voestalpine’s Partner In Export Terminal
Agricover, one of the top five grain traders on the domestic market, bought 24% in Danube Grain Services from two individual shareholders. The other owner of the company is Austria’s Voestal...
Bridge Bank Procedures Almost Ready
The Romanian central bank's plan for coping with problems in the banking sector is almost ready. The measures go from the transfer of assets from ailing banks to healthy banks, up to the set...
Volksbank To Become Newest State-Owned Bank In Romania
Volksbank Romania, the only bank in Central and Eastern Europe still held by Austrian group Volksbank, will be indirectly controlled by the government in Vienna as of Thursday once the natio...
Carrefour To Open Mall In Ploiesti After EUR65M Investment
Carrefour Property, the real estate arm of French giant Carrefour, is investing EUR65 million in a mall in Ploiesti (southern Romania) together with an investment fund, thus ignoring specula...