Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
Volksbank Rescued For The Third Time By Austrian State, Keeps Plans To Exit Romania
Austria's government invests a further EUR250 million in Volksbank’s capital after taking a 70% loss from a previous EUR1 billion injection, this being the third time since 2008 that the Aus...
Beer Market Slightly Up In 2011
The beer market rose by almost one percent last year, which is the first positive sign for an industry that lost almost 20% of its volume in 2009 and 2010, ZF has calculated based on the dat...
Romanian DIY Retailer Dedeman Aims For EUR500M Sales
Romanian do-it-yourself retailer Dedeman, controlled by brothers Adrian and Dragos Paval in Bacau, continues to surprise with rising sales, which came close to the EUR500 million mark last y...
Only Four Malls Put H&M, Zara, New Yorker And C&A Under The Same Roof
Four of the most popular international retailers with operations on the local market, H&M, Zara, New Yorker and C&A, which already own more than ten stores in Romania, can be found under the...
Over 11,000 New Jobs And Investments Of EUR1 Billion Announced In First Two Months
Retailers, IT firms, manufacturers of auto parts, outsourcing centers, as well as investors in wind farms have announced they will create over 10,000 jobs this year on the Romanian market, w...
Over Half Of Romanian Students Become Unemployed Or Inactive Upon Graduation – Study
More than half of Romanian graduates become unemployed or inactive, and less than 2% of the employed population is looking for a new job, according to a study by union center BNS, which reco...
Romania Approves State Aid For Coal Mine Closures, 200 Employees To Be Laid Off This Year
Romania's Government has approved state aid for coal producer CNH Petrosani to close its nonviable mines and lay off around 200 employees this year.
EU Funds For HR Development Have Done Nothing For Romanian Labor Market – Study
Structural funds for human resource development in Romania have no macroeconomic effects; their absorption does not improve the state of the labor market or counter the crisis, says a study...
Generic Drug Producers Might Drop Unprofitable Products, Because Of Taxes
The members of the Romanian Association of Generic Drug Producers (APMGR) will challenge the clawback tax administratively and in court, and could stop supplying less profitable products.
Almost 30% Of Romanians Fix Their Own Cars; 45% Use Brand Repair Shops
Some 45% of Romanians use branded auto repair shops, 28% prefer the prices charged by independent shops, while 27% fix up their car themselves, says a survey by Auto.ro and market research c...
Romanian Insurer PAID's Portfolio Expected To Halve To 300,000 Policies By June 2012
The Romanian Pool of Insurance Against Natural Disasters (PAID) estimates it will administer around 300,000 mandatory home insurance policies by the middle of this year, down by half compare...
Growth Rate Of VAT Revenues Halves In January
The growth rate of revenues from the value added tax slowed down in January to 15%, half of the growth recorded in the same month of 2011. The slowdown of revenues collected came as the base...