Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
Private Pension Funds Gained 330,000 Participants In Last 12 Months
Romania's mandatory and voluntary private pension funds gained 332,190 contributors between July 2011 and July 2012, growing from 5.34 million to 5.67 million participants, according to data...
Belgium's Electrawinds To Build 100 MW Wind Park In SE Romania
Belgian company Electrawinds will build a 100 MW wind power park in Harsova, Constanta county, its second such project on the Romanian market.
Romania Increases Subsidies For Eco-Farming From EUR3M To EUR4M
Romania will increase the subsidies for eco-farming from EUR3 million to EUR4 million, and beneficiaries will no longer be required to have no debts to the state or local budgets.
Romanian Vehicle Market Shrinks Towards 12-Year Low
Vehicle sales shrank by 20% against the first seven months of last year in volume, to 50,000 units, according to data of the Automotive Manufacturers and Importers Association (APIA).
Bunge Negotiates Takeover Of Two Grain Silos In NW Romania
American company Bunge, which on the Romanian market is involved in the production of vegetable oil and in the trade of agricultural raw materials, is negotiating the takeover of two grain s...
One In Five Car Dealerships Went Bankrupt In Past Four Years
Almost a fifth of the 400 dealers present on the Romanian market in 2008 have closed down shop in the past four years, according to estimates in the sector, and pressure continues considerin...
Underground Parking Lot For 400 Cars In Central Bucharest Ready In A Month
Work is close to completion on the over 400-space underground parking lot in Bucharest’s central Piata Universitatii area, with engineers and workers on the project’s construction site on Su...
Tax Authorities Might Introduce Extra Penalties For Undeclared Fiscal Debts
Taxpayers will pay penalties of 30% of the principal for undeclared fiscal debts, on top of the interest and overdue penalties provided by current law, according to an ordinance drafted by R...
Hidroelectrica's Oversized Staff - One Of The Causes Of Insolvency
Hidroelectrica's personnel structure is "oversized" and the salary fund is "clearly out of proportion" with the company's economic indicators, says a report on the causes of the insolvency o...
Romania OKs RON85M Project To Develop Business Center In Giurgiu County
Romania's Regional Development Ministry has signed a financing contract to develop a business center in Calugareni, Giurgiu county, with EU cofinancing.
Cigarette Smuggling In Romania Down In July To Less Than 13% Of Market - Study
Cigarette smuggling in Romania decreased slightly in July, to 12.9% of the market, according to a study by Novel Research.
20 Stock Exchange Companies Stand Out From The Crowd In 1H
Around 20 companies out of the 75 listed on the regulated market of the Bucharest Stock Exchange stood out through the growth they recorded in the first half of the year in terms of profit a...