Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
Most Indebted Companies On The Stock Exchange
The cumulated debts of listed companies went up from 25 billion lei (EUR5.7 billion) at the end of 2008 to RON34 billion (EUR7.7 billion) at the end of 2011. During the same period the compa...
Ministries In Charge Of EU Fund Management May Hire Extra Staff – Draft
The Romanian ministries in control of structures responsible for EU fund management will be allowed to hire temporary employees, according to a draft ordinance published on the website of th...
CSA Authorizes New Chairman Of Astra Asigurari
Romanian insurance regulator CSA has authorized a proposal by the shareholders of Astra Asigurari making Alexander Adamescu the new chairman of the board, replacing Radu Mustatea, who steppe...
Procurement Settlement Board Cancelled Tenders Worth EUR1.3B In 2011
Romania's National Contestation Resolution Council (CNSC) last year cancelled public procurement tenders worth an estimated EUR1.3 billion, compared with EUR2.7 billion in the previous year,...
Land Is Romania's Main Means Of Production And Must Not Be Sold Off – Farming Association
Land is Romania's main means of production and a national possession that must not be sold to foreign interests, Laurentiu Baciu, head of agriculture producers' association LAPAR, said in a...
Prime Minister Wants Parliament To Endorse Anticorruption Strategy
Romanian Prime Minister Mihai Razvan Ungureanu will propose the signing by the Parliament of a political declaration on the application of the 2012-2015 National Anticorruption Strategy, whi...
New Energy Bill Introduces Criteria For ANRE Members, Deregulation And Smart Meters
The bill on electricity and the organization and operation of the energy market watchdog, ANRE, approved by the government at the end of last week and sent to the Parliament, includes some n...
Dacia’s Duster Overtakes Logan Sales For The First Time
The tough winter, poor road conditions and the absence of the clunkers scheme led sales of Dacia’s Duster SUV in Romania to overtake those of Logan for the first time in February, after the...
Treasury Head Cristian Sporis Has EUR1 Million In Liquid Assets
Cristian Sporis, who recently put his banking career on hold to become a secretary of state with the Finance Ministry, where he is in charge of the Treasury, has accumulated about EUR1 milli...
Romania Is Attractive For Business, But Excessive Bureaucracy Is A Problem, Says H&M Country Manager
One year after H&M’s entry on the local market, Carlos Duarte, country manager of H&M Romania, talks about the retailer's plans an interview with ZF, his first since the retailer opened its...
Atlas Telecom Failed To Bounce Back In 2011
Romtelecom’s first competitor on the landline telephony segment, Oradea-based Atlas Telecom Network, has EUR70 million in debt and was unable to make as little as EUR1 million in revenue in...
Clunkers Program Now Open To Companies
Automobile makers and distributors, as well as scrap collectors, can sign up for the 2012 edition of Romania's car scrappage program, which will become open to individuals on April 3.