Curs BNR — 13.11.2026 EUR 5,3498 USD 4,8428 GBP 6,4023

Translator

Radu Bostan

Reporter

Fields
Social/Politics, Automotive, Banks-Insurance
Writing for ZF since
2011
Articles
2.182
Siliken Solar Panel Plant In Timisoara Employs 500, Set To Export To US And Asia
Energy

Siliken Solar Panel Plant In Timisoara Employs 500, Set To Export To US And Asia

About a year ago, Spanish-held Siliken, an approximately EUR500 million business specializing in solar panel manufacturing, started operations in a plant in Timisoara, after investing EUR5 m...

Radu Bostan · 23.02.2012 · 00:00 · 2 min
Central Bank Deputy Governor Becomes President Of Commercial Arbitration Court
Banks-Insurance

Central Bank Deputy Governor Becomes President Of Commercial Arbitration Court

Bogdan Olteanu, deputy governor of the Romanian central bank, took over at the end of January as president of the Court of International Commercial Arbitration attached to Romania’s Chamber...

Radu Bostan · 23.02.2012 · 00:00 · 2 min
Top Two Road Builders Got EUR400 Million From CNADNR In 2011
Automotive

Top Two Road Builders Got EUR400 Million From CNADNR In 2011

Dorinel Umbrarescu, who owns construction company Spedition UMB, and Nelu Iordache, who controls Romstrade, collected about EUR400 million from the national company in charge of Romania’s na...

Radu Bostan · 23.02.2012 · 00:00 · 1 min
Automotive

Cluj-Based Importer EVW Holding Makes EUR70M Selling DAF Trucks

EVW Holding based in Cluj (NW Romania), the importer of the DAF trucks in Romania, controlled by two entrepreneurs and Dutch EVW group posted 293 million lei (EUR67 million) sales in 2011, u...

Radu Bostan · 23.02.2012 · 00:00 · 1 min
Negritoiu, ING: We Would Be Extremely Happy To Sell As Many Mortgage Loans In Lei As Possible
Banks-Insurance

Negritoiu, ING: We Would Be Extremely Happy To Sell As Many Mortgage Loans In Lei As Possible

ING Bank, the ninth largest bank on the Romanian market by assets, wants to make 2012 the year of lending in lei and plans to focus on selling products in local currency, from consumer loans...

Radu Bostan · 23.02.2012 · 00:00 · 3 min
Praktiker Romania's Restructuring: 500 Job Cuts In Three Years
Retail&Consumer

Praktiker Romania's Restructuring: 500 Job Cuts In Three Years

German do-it-yourself company Praktiker, which operates a 27-store network on the Romanian market, has reduced the number of employees from 2,500 to 2,000, while sales went down to half comp...

Radu Bostan · 23.02.2012 · 00:00 · 2 min
Retail&Consumer

La Mama Owner Plans To Open Pub In Historical Center

Businessman Catalin Mahu, who owns the La Mama restaurant chain and Cafepedia coffee shops, will this year invest EUR700,000 in a music pub in Bucharest’s historical center

Radu Bostan · 23.02.2012 · 00:00 · 1 min
Technology &Telecoms

ANCOM To Auction Off 365 MHz, Under New EU Radio Spectrum Policy

Romania's telecom regulator ANCOM will auction off 365 MHz in the 800, 900, 1,800 and 2,600 MHz frequency bands, and will be ready for the first stage of the transition to digital television...

Radu Bostan · 22.02.2012 · 16:25 · 2 min
Media

BestJobs: Over Two Thirds Of Consumers Are Influenced By Online Advertising

More than two thirds of Romanian consumers are influenced by online advertising, 23% are willing to purchase a product or service after seeing an online ad, and 29% after seeing a TV ad, say...

Radu Bostan · 22.02.2012 · 15:56 · 1 min
Automotive

Giurgiu, Romania Authorities Award EUR10M Road Rehab Contract To Romstrade & Partners

County authorities in Giurgiu, Romania have awarded a contract worth 44.4 million lei (EUR10.2 million), for the rehabilitation of certain local roads, to a partnership led by construction c...

Radu Bostan · 22.02.2012 · 13:41 · 1 min
Romania Has No Plans To Reduce VAT On Food - Agriculture Minister
Retail&Consumer

Romania Has No Plans To Reduce VAT On Food - Agriculture Minister

Cutting the VAT on food products is not on the Romanian Government's agenda for this year, since the current economic context does not permit fiscal relaxation, Agriculture Minister Stelian...

Radu Bostan · 22.02.2012 · 13:33 · 1 min
Technology &Telecoms

Romanian IT Integrator Novensys Sales Up 40% In 2011, To EUR28M

Romanian IT solutions integrator Novensys posted turnover of EUR28 million in 2011, up 40% compared with the previous year, the company announced.

Radu Bostan · 22.02.2012 · 13:32 · 1 min