Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
Mihai Tanasescu To Be Romania's First VP At EIB
Romanian former finance minister Mihai Tanasescu will be appointed vice-president of the European Investment Bank (EIB) for a six-year term, replacing Greek Plutarchos Sakellaris, the first...
UTI Group To Invest EUR50M In Local, Foreign Acquisitions
Romanian group UTI will invest EUR50 million over the next two years to buy several local and foreign companies involved in security, IT, traffic management, construction and facility manage...
CSA To Insure Employees For Up To EUR200,000 Per Person
Romanian insurance market regulator CSA wants to buy life insurance for its 178 employees, with benefits ranging between EUR25,000 and EUR200,000 per person, through a contract worth an esti...
Court Annuls Antitrust Fine Given To Aviva Pensii In 2010
The Bucharest Court of Appeals has cancelled a fine given by the competition watchdog to pension administrator Aviva Pensii in 2010, for an alleged agreement with 13 other companies over the...
Ford Romania To Boost Turnover To EUR1B By Yearend And Promises To Hire More Personnel
Ford Romania’s turnover this year will exceed EUR1 billion with a production of 500 cars per day starting in June, and the U.S. company plans to hire more personnel in a second wave of hirin...
Analysts Estimate Former Owners Must Have Collected At Least EUR180M For Azomures
Andreas Zivy, the Swiss businessman who controls grain trader Ameropa, became the chairman of Azomures’s board of directors as soon as the deal with the former owners was completed. The Turk...
Romania Revises 2012 GDP Growth Forecast Downwards To 1.7%
The revision of the economic growth forecast to 1.7% is the first official acknowledgement that the gross domestic product this year will be lower than the expectations in 2011, around which...
Real Estate Developer Has Plans For Romanian Farmland, Vineyard And Woodland
One of the shareholders of real estate company S+B Gruppe, the developer of the Pipera Business Tower office building, owns 700 ha of farmland in the Oltenia area and has tapped the wine mar...
Promenada Mall Has Billa, Flanco, Intersport, Inditex, C&A and H&M Among Tenants
With construction just begun and delivery scheduled for 18 months from now, the Promenada mall in northern Bucharest has already signed Billa, Flanco, Intersport, Inditex, C&A and H&M among...
Six Counties To Buy Fire Engines, Ambulances Through RON20M Project
Six Romanian counties, organized in an intercommunity development association, have signed a 20 million lei (EUR4.57 million) financing contract with the Development Ministry for the purchas...
Romanian-Built Ford B-Max May Be Ordered Starting Friday
The Ford B-Max, built at Ford's plant in Craiova, Romania, will be available for pre-orders from Friday, for prices starting at EUR13,400, VAT included, and will ship starting September 15.
2012 Banking Year Starts With Several Uncertainties
As if the uncertainty coming from foreign markets were not enough, the 2012 banking year appears to be marked by a number of doubts arising from within it and calling for an answer to be fou...