Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
CFR Leases Seven Sections From Craiova Branch To Private Operator
Romanian railway administrator CFR SA has leased seven rail sections managed by the Craiova branch to RC-CF Trans Brasov for four years and an annual rent of 1.96 million lei (EUR448,800), w...
Private Pension Funds' Net Assets Up 4.2% In February, To RON7.48B
The assets of Romania's mandatory (Pillar II) and voluntary pension funds (Pillar III) reached 7.48 billion lei (EUR1.71 billion) at the end of February 2012, up 4.2% from January, private p...
Software Integrator iQuest Posts EUR16M Sales In 2011
German software developer iQuest's turnover rose 40% last year, to EUR16 million, with 94% of its revenue coming in from western European markets, although its Romanian business also grew si...
Top Owners Of Office Space And Malls Made Over EUR200M From Rents In 2011
The year 2011 was difficult for the owners of real estate on the local market, as only the companies that expanded their portfolio saw rental revenue go up, a ZF analysis shows.
South African Group Pays EUR43M For Battery Maker Rombat Bistrita
South African auto parts maker Metair Investments bought Rombat Bistrita, the largest Romanian-held auto parts maker, people close to the deal told ZF.
Accenture: We Recruit A Few Tens Of People Per Month To Replace Those Transferred Abroad
Accenture Romania, a management consulting and business process outsourcing (BPO) company that has reached over 400 employees on the local market, continues to recruit as it wins new project...
Free From BNR’s New Restrictions, Credit Cards Become Bankers’ Next Retail Bet
Now that consumer loans come with heavy restrictions imposed by Romania’s central bank, banks are turning to credit cards, unaffected by the new lending rules.
Alpha Bank Buries Merger With Eurobank. Romanian Subsidiaries Are On Their Own
The planned merger of Greek groups Alpha Bank and EFG Eurobank, which was supposed to create the third-largest bank by assets in Romania, only survived for six months, and was officially bur...
EnergoBit Seeks Investors For Development
EnergoBit, one of the leading companies on the Romanian energy equipment market, received offers from private investors willing to get a stake in it and provide financial backing to its proj...
7,000 Individual Farmers Own 8% Of Romania’s Arable Land
Almost 7,000 individual farmers together exploit 700,000 hectares of land, i.e. 8% of the arable land in Romania, according to data of the Agriculture Ministry. The business done by these pe...
Generali Romania Posts Loss Of RON83.2M In 2011
Insurer Generali Romania (formerly Ardaf) ended 2011 with losses of 83.2 million lei (EUR19 million), from a profit of RON266,579 in the previous year, while underwritten premiums dropped 22...
RCS&RDS To Bid On Mobile Licenses, Eyeing 4G Market
Romanian telecom operator RCS&RDS wants to become a 4G service provider and will take part in the auction for mobile telephony licenses, said development manager Valentin Popoviciu.