Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
Freeze On Public Sector Hiring Kept Into Next Year, But Made More Flexible
Romania's Government will continue to downsize the public sector, by hiring only one person for each seven vacant positions, but will allow a certain amount of flexibility in order to preven...
Value Of Romanian E-commerce Up 38% In Month Before Easter
The value of Romanian e-commerce in the period before Easter increased by 38% compared with the same interval of 2011, as Romanians spent EUR15.9 million in domestic online stores between Ma...
Mediafax.Ro Now Available As iPad App
Mediafax.ro, one of the top Romanian news websites, is now available as an iPad application, allowing more dynamic delivery of exclusive, quick and unbiased content to its readers, says a pr...
Agricover Is A Prospective Acquisition Target For Cargill And Ameropa
Agricover, the only major trader of agricultural raw materials not backed by a multinational, is on the list of acquisitions of giants Cargill and Ameropa, market sources say.
Vaccine Market Dominated By Multinationals In The Absence Of Strong Local Producer
The vaccine business is worth about EUR30 million a year, with sales of tree million units. Despite it being a small market, international companies such as Sanofi and GlaxoSmithKline (GSK)...
Banks Sold EUR700M Bad Loans To Debt Collectors In 2011
Bankers sold non-performing loans worth EUR684 million in 2011 to firms specializing in debt collection, with most transactions being reported between September and December, as many banks s...
Roman Copper Corp Enlists Big Names In Battle Over Cupru Min
The winner of the Cupru Min privatization auction, Roman Copper Corp, has hired one of Romania’s top law firms, NNDKP, run by Ion Nestor, in a desperate attempt to resume talks about the tak...
Crowne Plaza Bucharest Hotel Trades One Star For Medical Conventions
The five-star Crowne Plaza Hotel in Bucharest, owned by businessman George Copos, applied for a downgrade to four stars, which will allow it to host events organized by pharmaceutical compan...
Housing Agency To Build Homes For Rent With Private Capital
Private investors may finance the construction by Romania's National Housing Agency (ANL) of homes for rent, after the Government approved a program for housing using private capital.
OMV Demands RON92M From Romania In International Arbitration Court
Austrian group OMV, the majority shareholder of Romanian oil company OMV Petrom, has filed a claim against the Romanian state with the International Court of Arbitration in Paris, demanding...
Romania Keeps 2015 As Target For Euro Zone Accession
Romania maintains its objective of joining the euro zone in 2015, by entering the ERM II in 2013-2014 and reducing the structural deficit to less than 0.7% of the GDP by 2014, according to t...
Astra To Insure Tarom's Fleet For Sixth Straight Year - Sources
Astra Asigurari has won the auction to insure the fleet of Romanian state-owned airline Tarom for the sixth consecutive year, people close to the matter told MEDIAFAX.