Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
How The Heavy Winter Affected The Logistics Operators
Trucks snowed in by the side of the road or in parking lots, supply vehicles that cannot reach retail pharmacies, kiosks or convenience stores, logistics warehouses isolated, and higher cost...
Deutsche Bank: European Bank Deleveraging, Long-Term Threat For Romania
The European bank deleveraging in Romania and the escalation of the sovereign debt crisis are the external risks Romania will continue to face, warn the analysts of Deutsche Bank, the larges...
Swiss Franc Deposits Generate 70% Yield During Crisis
Deposits in Swiss francs generated gains of almost 70% for the customers who bet on this currency in 2008, when a franc was traded for an all-time low of 2.2 lei, but bankers say few custome...
Eugen Banciu Informs German Partners He Wants To Sell Another 20% In Farmexpert
Businessman Eugen Banciu, who according to the latest information holds 40% in Romanian drug wholesaler Farmexpert, could sell some more of his shares, by exercising an older contractual cla...
Leonard Orban: I Am Not The Minister Of EU Funds, My Mandate Is Limited
Put in charge of the newly-created Ministry of European Affairs with the declared purpose of attracting more European money, five months on Leondard Orban stresses the limits of his mandate:...
How Much Bankers Get Back From A Loan In Default
Bankers manage to get back only 30% of unsecured consumer loans that default, with the rest amounting to losses, according to a study by the Romanian central bank BNR, conducted on a quarter...
The Group Joins Forces With US Omnicom
Romanian communication holding The Group, held by entrepreneurs Zoltan Szigeti and Mihaela Nicola, has merged its operations with the local unit of the U.S. Omnicom. This will get them contr...
Billa To Open At Least Ten Stores In 2011
German retailer Billa, part of the Rewe group, will open at least ten stores this year in Romania, and its investment budget, which includes remodeling of older stores, stands at EUR20 milli...
Lufthansa Group Flew Over 1 Million Passengers In Romania In 2011
German airline Lufthansa and its partners, Austrian Airlines and Swiss, last year carried over 1.1 million passengers from and to Romania, 15% more than in 2010, and will introduce 32 new we...
AFI Europe’s Target After EUR500M Investments: Four Malls And A Few Office Buildings In Two Years
David Hay, who has been running the Romanian subsidiary of AFI Europe for almost a year, has a clear target for the next two years: the local portfolio should reach four shopping centers and...
600 Brokers KOed By The Crisis
More than 600 brokers have left the trading pit since 2007 driven out by the crisis and the tiny traded volumes on the Bucharest stock exchange in the years after the collapse of Lehman Brot...
Petrom Expected To Announce Record Profit. Shares Gained 30% Since Start Of The Year
The largest company in Romania is expected to report a net profit ranging between EUR830 to EUR900 million on Wednesday, the largest ever made in the Eastern European country.