Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
Greek Banks Have Fewer Loans In Their Balance Sheets, Deposits Are EUR1B Lower
The slimmer balance sheets, the decline of loan sales and implicitly of banks’ revenues forced Greek banks to close down tens of units and fire several hundred employees.
Hochland Makes Exports Major Part Of Its Strategy
Hochland Romania, the country’s largest local cheese producer, says the exports of its two plants in Sighisoara and Sovata (central Romania) have become a strategically important component a...
Nicolae Sarcina Buys Four Former PIC Stores
Gorj-based businessman Nicolae Sarcina, who controls the Succes business, is set to buy four of the five hypermarkets of insolvent PIC chain, according to sources close to the deal.
Transport Ministry Reports Archaeological Discovery On Site Of Orastie-Sibiu Highway
Romania's Ministry of Transport on Sunday announced the discovery on the site of the Orastie-Sibiu highway of a cache of bronze and iron pieces dating from the Iron Age.
CNADNR To Rent 256 Vans For EUR11M
Romanian road authority CNADNR has received a single bid, from consortium Ager Business Tech - Operational Autoleasing, for an operating leasing contract for 256 vans necessary for road main...
Investors Are Not Interested In Financing ANL Homes Because Of Poor Returns
Real estate developers and construction firms are not interested in financing the Romanian Housing Agency's program to build homes for rent, believing the share of the rents they would recei...
IMF Team To Begin Fifth Review Of Deal With Romania On Tuesday
A delegation from the International Monetary Fund (IMF) will begin Tuesday the fifth review of a EUR3.5 billion precautionary agreement signed last spring.
Romania To Give Public Sector Day Off On April 30, 2012
Romania's Government will declare April 30, 2012 a non-working day for the public sector, to be recouped in a Saturday in May, so that the May Day vacation might be longer, Prime Minister Mi...
Piraeus Bank Romania Pretax Profit Falls To EUR31M In 2011
Piraeus Bank Romania, the local unit of Greek financial group Piraeus, reported a pretax profit of EUR31 million in 2011, down 64.5% from EUR51 million a year earlier.
NBG Switches To EUR13M Loss In Romania In 2011
The National Bank of Greece (NBG) posted losses of EUR13 million in Romania last year, compared with profits of EUR13 million in 2010, as a result of falling revenue.
EFG Eurobank Posts Losses Of EUR25M In Romania In 2011
The EFG Eurobank group, the majority shareholder of Bancpost, reported losses of EUR25.1 million in 2011 in Romania, after net profits of EUR15.8 million in 2010.
Alpha Bank 2011 Pretax Profit In Romania Falls To EUR12M
Alpha Bank Romania's pre-tax profit dropped 75.4% last year, from EUR49.2 million in 2010 to EUR12.1 million, the bank's Greek parent group announced Friday.