Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
Rural Development Program Gets Extra EU Funds For Pig Welfare, Young Farmer Support
The European Commission has approved new changes to Romania's National Rural Development Program, which provides funds for pig welfare and increases the maximum level of support for young fa...
Basescu To Opposition: Amend Constitution, Reduce Presidential Term And I Will Resign
Romanian President Traian Basescu has written to the leaders of the opposition, asking them to take part in the debates on the Constitution's revision, which would reduce the presidential te...
Transport Ministry To Spend RON25M On Expropriations For Subway Line IV
Romania's Transport Ministry will pay around 25.06 million lei (EUR5.733 million) as compensation for the expropriation of several plots making up an area of about 42 hectares, necessary for...
Code Yellow Storm Advisory For N, E Romania On Sunday-Monday
Romanian meteorologists have issued a code yellow advisory for rain, sleet, snow and strong winds for 20 counties, valid starting Sunday at 6 p.m. until Monday at 3 p.m.
What’s Left Of MKB Romexterra After Three Years Of Crisis
MKB Romexterra has focused on cleaning up its loan portfolio over the past two years and is now getting ready to resume sales of loans to small companies and consumers.
EU Funding Disaster: Only EUR194M Absorbed In Three Months, A Quarter Of Target
In order to attract EUR3.5 billion targeted from the EU this year, Romania should have absorbed EUR875 million in 1Q, but it only managed to draw in EUR194 million.
Mortgage Lending Growth Slows Down In February
The mortgage lending growth pace in February was half the monthly average of 2011, because not even government-secured loans are drawing customers to banks.
Counties With The Most New Jobs
Almost half the 9,300 jobs created last year as a result of new investment, both domestic and foreign, were recorded in five Romanian counties: Timis, Satu Mare, Prahova, Tulcea and Caras Se...
GlaxoSmithKline’s Romanian Plant Reaches EUR100M Turnover
Europharm Brasov, the drug plant of UK giant GlaxoSmithKline, ended last year with turnover of around EUR100 million, up by around 10% on 2010.
Iftemie, Acer: Anything Past RON2,000 Is Hard To Sell
There is a certain sluggishness on the IT market, because users are very price conscious and also because many resellers do not make any effort to boost sales, says Bogdan Iftemie, Acer Roma...
GSK Romania Sales Up 11% In 2011, To EUR151.8M
GSK Romania, the local branch of British drugmaker GlaxoSmithKline (GSK), posted sales of EUR151.8 million last year, up 11% from 2010, according to the Cegedim data cited by the company.
EU-Funded Projects That Can't Be Finished By 2015 Will Lose Financing – Minister
Romania's European Affairs Minister, Leonard Orban, said Thursday that authorities will evaluate the implementation of every project receiving European funds, and financing will be withdrawn...