Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
Over 60 Coffee Shops Disappear From Market In 3 Years Because Of High Prices And Faulty Management
In the past three years the Romanian market has lost over 60 coffee shops because prices were not adjusted to the local realities and because of faulty management. Another factor has been Ro...
Josef Goschy Makes Only EUR10/Day From Each Of His 3,500 Hotel Rooms
Josef Goschy, who owns 3,500 hotel rooms, says revenues collected by Unita Turism amounted to 30 million lei (around EUR6.7 million) between January and August, 15% more than in the similar...
Finance Ministry Proposes Making VAT Due On Invoice Payment For Small Firms
Romanian companies with sales lower than 2.25 million lei (EUR500,840) will pay VAT when cashing their invoices starting next year, while larger businesses will be unable to deduct VAT from...
Romanians Have Longest Workweek In EU, But Fewer Days Off
Full-time employees in Romania worked the longest weekly hours in the EU in 2011 – 41.3 hours, the same as in 2010, but had the fewest days off on public holidays and ranked next-to-last by...
Insurance Regulator Posts Loss Of RON19M In 2011
Romania's insurance market regulator CSA posted losses of 18.9 million lei (EUR4.2 million) in 2011, compared with profit of RON5.2 million in 2010, according to its yearly report.
Colliers: Over 300,000 Sqm Of Office Space To Be Delivered In Bucharest In Next 3 Years
Office premises with a total area of 130,000 square meters will be delivered in Bucharest by the end of next year, followed by other 200,000 square meters that should be completed by 2015, a...
Apartment Developers In Baneasa Have 400 Homes Left For Sale, Prices Start At EUR47,000
In five residential projects around Aurel Vlaicu (Baneasa) airport, where over 1,500 homes have been built in the past few years, developers have over 400 housing units left to sell or to re...
IMF To Finance Ministry: Rebuild Your Forex Reserve For Emergency Situations
The International Monetary Fund (IMF) warns the Finance Ministry that its “fiscal buffer” has diminished, after the Treasury had attracted less than it had planned to in recent auctions beca...
Euroins Romania 1H Premiums Double To RON228M
Insurer Euroins Romania underwrote premiums of 228 million lei (EUR50 million) in the first half of the year, double compared to the same interval in 2011.
Holcim Romania Cement, Clinker Sales Down 1% In 1H
Holcim Romania's sales of cement and clinker dropped 1% by volume in the first half of 2012, compared with the similar period of 2011, while prices increased by 1.2%, Swiss group Holcim anno...
Head Of CFR Calatori: Passenger Traffic Is Down 13.7% Because Of Insufficient Train Cars
State-run railway passenger carrier CFR Calatori sold 24 million tickets in the first six months of this year, down 13.7% on the similar period of last year and its turnover fell 7% to 763 m...
Romania Is Attractive For Wind Energy Investors Because Its Support Scheme Is 55% More Generous Than France’s
Romania is the country where the renewable energy division of Energias de Portugal (EDP), one of the major European energy groups, recorded the highest growths in the last year, with the Por...