Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
Parliament Approves New Heads Of Capital Market, Private Pension System Regulators
Romania's Parliament on Tuesday endorsed Carmen Negoita (PDL) as head of the National Securities Commission (CNVM) and Marian Sarbu (UNPR) as head of the Private Pension Supervision Commissi...
Romania To Cut Staff In Defense Sector By 9.2%, To 1,611 Employees
Romania's Government will limit the average number of employees in eight defense companies to 1,611 this year, 9.2% less than the size of the staff in 2011, but the salary fund will be raise...
Romania's President May Be Removed By Majority Of Registered Voters - Lower House
Romania's Chamber of Deputies approved President Traian Basescu's request for the reexamination of an act amending the referendum law, deciding that the president of Romania can be removed f...
Romanian Mayors Must Resign From Party After Taking Office - Bill
Romania's Chamber of Deputies has tacitly adopted a bill whereby mayors and county council presidents must resign from the parties that got them elected, immediately after taking office.
Government Postpones Canceling CFR SA's Debts To State Budget
Romania's Government has decided to delay converting the debts of railway administrator CFR SA, amounting to some 3.99 billion lei (EUR917 million) at the end of last year, into shares, foll...
Wind Power Accounts For 2% Of Energy Generated In 2011
For the first time in over two years since people started talking about the wind power boom, the windmills made their presence felt in 2011, generating 2% of the total energy produced in Rom...
MPs In Hurry To Appoint Heads Of Financial Market Regulators
Political parties on Monday in an unexpected move decided to appoint their candidates to the helm of the institutions that supervise the capital market (CNVM) and private pensions (CSSPP), a...
February’s Cold Weather Caused Budget Revenues To Rise By Just 1.2%
Romania’s budget was fully affected by the bad weather in February, moving from a surplus of 0.2% of GDP in January to a deficit of 0.4% of GDP in February.
Canadian Mystery Buyer Wins Cupru Min Auction With EUR200 Mln Offer
Canada-registered Roman Copper Corp, a company about which there is no data available, won the auction for Cupru Min, which holds 60% of Romania’s copper reserves. The Canadian company bid E...
Renato Keller Replaces Andreas Damaske At Helm Of Bayer Romania
Renato Keller is the new general manager of Bayer Romania, a company with activities in several sectors, but whose main business is in the drug industry. The Bayer business consists of the H...
Stake Of Home Insurance “War”: Sales Are Much Higher Than Claims Settled
Sales of voluntary home insurance totaled 641 million lei (EUR147 million) in 2011, up 70% on the previous year, in addition to more than RON35 million from mandatory insurance, according to...
Billa: This Will Be Our Best Year For Sales And Openings
Sorana Georgia, manager of supermarket chain Billa, says 2012 will be the best year for the company she runs both in terms of turnover and in terms of the number of openings. Billa’s estimat...