Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
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...
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...
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...
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...
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.
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.
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.
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...
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...
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...
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...
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...