Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
Government Plans To Revise 2012 Budget In July-August
Romania's Government has announced it plans to carry out this year's first budget revision in the second semester, during the parliamentary recess, scheduled for July-August 2012.
Dima, CEZ Vanzare: Liberalization Of Energy Prices Will Be The Market’s Biggest Transformation
Although at least in theory all electricity consumers have been able to change their supplier since 2007, with the exception of large companies, few have given up the comfort of regulated pr...
Dobrogea Is Chock-full Of Wind Farms. Moldavia Is Next
South-eastern Romania is full to the brim with wind power projects, some of them already functional and some in various stages of approval, with wind farm investors now targeting Moldavia, a...
Raiffeisen Creates 'Online Shop' For Foreclosed Assets
Raiffeisen Bank Romania has started to organize its offer of foreclosed homes, land, cars and other assets, and put it on a specialized website along with photos, maps and technical specific...
High Discrepancy In Prices At Housing Fair In Bucharest
The most expensive apartment put up for sale at the tIMON real estate fair taking place at the end of this week in Bucharest costs 32 times more than the cheapest one, on a residential marke...
Why Romanian Wheat Was Eliminated From Iraq’s Purchase List
Romanian grain traders were eliminated in February and March from two tenders for wheat in Iraq worth a total of EUR20 million as a result of “faulty” deliveries made by Lebanese trader GT G...
Schlumberger Ploiesti Service Base To Operate As Hub For All Eastern European Markets
Schlumberger group, the world’s largest provider of services for the oil and gas industry, has chosen Ploiesti (southern Romania) for a world class facility staffed by 170 people and set to...
Government To Leave One Tax Office Per County, Merge Finance, Customs, Guard Departments
Romania's tax authority ANAF will be reorganized next year into eight regional branches and, in 2015, its network will be reduced to one officer per county (20% of the current network), whil...
Two Million Pensioners, Exempt From Health Insurance Contributions, To Cost Budget EUR1B
More than two million Romanian pensioners who earn less than 740 lei (EUR170) will no longer pay the 5.5% contribution to social health insurance, leaving the state budget without roughly EU...
Romania's Senior Population To Double Over Next 50 Years, While 20-55 Segment Halves
Romania's 65 and older population will almost double and the number of people aged 20-55 will halve over the next 50 years, impacting the labor market and substantially reducing the resource...
Government Reduces GDP Growth Targets, Anticipates Drastic Widening Of Trade Gap
Romania's Government has adjusted the GDP growth forecast for the next few years downward by one point and also expects the trade deficit to increase considerably in 2012, but it sees the Ro...
Government Informs EU Of Plan To Raise Public Sector Wages This Year
Romania's Government has informed the European Commission that it will raise public sector salaries this year to their level before the cuts in 2010, leading to a slight increase in personne...