Curs BNR — 13.11.2026 EUR 5,3498 USD 4,8428 GBP 6,4023

Translator

Radu Bostan

Reporter

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

Local Administration’s Debt Doubles In Three Years To EUR3B

From next to zero ten years ago, the debt of the public administration has reached 13.7 billion lei (EUR3 billion), practically doubling in 3-4 years’ time. This deepens the public debt, whi...

Radu Bostan · 24.04.2012 · 00:00 · 1 min
Why Is No Top 10 Bank In Romania Run By A Woman?
Banks-Insurance

Why Is No Top 10 Bank In Romania Run By A Woman?

None of the top 10 banks in Romania are run by a woman, although more than two thirds of employees in the financial services sector are women, according to a ZF analysis. In the entire banki...

Radu Bostan · 24.04.2012 · 00:00 · 2 min
HR

Major Insurers Laid Off 8% Of Their Staff Last Year

Five of the top ten companies on the insurance market cut the number of employees by 8% last year, as the industry as a whole continued to restructure because of the significant business dec...

Radu Bostan · 24.04.2012 · 00:00 · 1 min
Social/Politics

Romania To Ask ECHR For Extra Six Months To Adopt Law On Nationalized Property

Romania's Government and the European Court of Human Rights will discuss a delay of at least six months for the amended law on nationalized property, which is due by July this year, to allow...

Radu Bostan · 23.04.2012 · 16:08 · 1 min
Dedeman To Open New Store In Ramnicu Valcea On Friday
Retail&Consumer

Dedeman To Open New Store In Ramnicu Valcea On Friday

Romanian construction material retailer Dedeman, the leader of the local DIY market, will open its 28th store Friday, in Ramnicu Valcea, following a EUR12 million investment.

Radu Bostan · 23.04.2012 · 14:53 · 1 min
H&M To Open 13th Romanian Store In Craiova On May 3
Retail&Consumer

H&M To Open 13th Romanian Store In Craiova On May 3

Swedish retailer H&M will open a store in the Electroputere Parc Craiova shopping center next week, bringing its Romanian network to 13 units.

Radu Bostan · 23.04.2012 · 13:20 · 1 min
Lacking Issuers, Bucharest Stock Exchange Gets New Index
Capital Market

Lacking Issuers, Bucharest Stock Exchange Gets New Index

The Bucharest Stock Exchange (BVB) will soon launch a new index that will track the most traded stocks on the market and complement the already existing six indices.

Radu Bostan · 23.04.2012 · 00:00 · 2 min
MedLife Creates Broker To Sell Insurance
Health

MedLife Creates Broker To Sell Insurance

MedLife, the largest private medical service operator on the local market, controlled by the Marcu family, is branching out into the private insurance market with MedLife Broker Asigurare Re...

Radu Bostan · 23.04.2012 · 00:00 · 1 min
Italo Romena: Hopefully New Sales Should Cover Loan Repayments
Banks-Insurance

Italo Romena: Hopefully New Sales Should Cover Loan Repayments

Italo Romena bank, which operates as a subsidiary of Italian group Veneto Banca, has set as a target for this year to hold on to its volume of financing of around EUR950 million, believing t...

Radu Bostan · 23.04.2012 · 00:00 · 3 min
Battle Starts Over EUR40B Stake Of Local Administration Spending
Social/Politics

Battle Starts Over EUR40B Stake Of Local Administration Spending

The annual spending of the local administration amounts to EUR10 billion, which means EUR40 billion in the four-years term in office of the administration - this is the huge stake of the Jun...

Radu Bostan · 23.04.2012 · 00:00 · 1 min
Romania Ranked Second In EU By New Car Registrations
Automotive

Romania Ranked Second In EU By New Car Registrations

The local market saw the second-highest increase in the number of new car registrations in the first quarter of the year, according to the statistics of the European Automobile Manufacturers...

Radu Bostan · 23.04.2012 · 00:00 · 1 min
Dacia Registrations In Europe Down 17% In Q1
Automotive

Dacia Registrations In Europe Down 17% In Q1

Dacia ended the first quarter of this year with a fewer registrations in Europe, which were down almost 13% to 56,700, according to the data of the European Automobile Manufacturers' Associa...

Radu Bostan · 23.04.2012 · 00:00 · 1 min