Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
Toys Make Over EUR100 Million Market
Romanians spend half a billion lei (over EUR100 million) on toys and games a year and the amount will continue to increase. The local toy market might even see annual growth of 14% from 2010...
HP Romania, Novensys Awarded EUR25M Contract For Health Card System
HP Romania and Novensys Corporation will provide Romania's National Health Insurance House (CNAS) with the IT solution used to introduce the electronic health insurance card, through a contr...
Romstrade's Turnover Grew 30% In 2011
Romanian construction firm Romstrade, owned by Nelu Iordache, posted 30% higher turnover in 2011, from EUR134.4 million in 2010, and anticipates it will increase to EUR200 million this year.
Romania To Publish Procurement Notice For New Study On Comarnic-Brasov Highway In March
Romania's Transport Ministry will publish notices of intent in March for a revised feasibility study on the Comarnic-Brasov highway section, a project abandoned in 2010, and for the construc...
Investment Bankers About The State’s Listings: "If You Like Poland, You Will Love Romania"
The Government has reiterated its commitment to list state-run companies, sitting at the same table with Wall Street bankers.
Foreigners May Buy Romanian Farmland Starting 2014
Foreign investors will be able to buy farmland without restrictions as of 2014, given that extending the restrictions would entail a modification of Romania’s EU accession treaty.
How Come Petrom’s Profit Margins Are Higher Than ExxonMobil And BP’s?
Petrom, the largest company in Romania, left the market in awe on Wednesday when it announced EUR887 million in net profit against EUR5.3 billion revenue. With these financial indicators, Pe...
Eighty Event Rooms In Bucharest Five-Star Hotels Generate EUR40M Revenue
There are 80 event rooms in the five star hotels in Bucharest, which can accommodate 12,000 people together. Most of these rooms have been renovated over the last three years, and required h...
Drogerie Markt To Open 14 Stores In 2012
German cosmetics and consumer goods retail network Drogerie Markt (DM), which entered Romania in 2007, plans to open 14 new stores on the local market.
Romania Allots RON750,000 For Morphine For Cancer Patients
Romania's Government has allotted 750,000 lei (EUR172,000) for the urgent purchase of morphine necessary for the treatment of cancer patients.
Court Annuls Conviction Of Businessman Dinel Staicu
The Bucharest Court of Appeals has annulled the conviction of businessman Dinel Nutu, formerly known as Staicu, in the case of the fraud at the International Bank of Religions (BIR).
Cigarette Black Market Down To 13% In January, From 15% In Nov 2011
The value of the Romanian cigarette black market shrank in January to 13% of the total sales, from 15% in November 2011, cigarette producer JTI Romania announced Thursday, citing a study by...