Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
Does Romania Need A Technocratic Government?
A technocratic Government raises the major issue of the lack of political support in the long term because such a Government is ultimately endorsed by political parties working as ruling coa...
Emil Boc Resigns To Salvage PD-L's Election Chances
Prime Minister Emil Boc on Monday handed in his resignation under pressure from the party. The designated prime minister is Mihai Razvan Ungureanu, head of the Foreign Intelligence Service.
Vlad, Selgros: There Are Three Romanias - Villages, Cities And Bucharest
Alexandru Vlad, the chief executive of the local operations of cash&carry retailer Selgros, a EUR766 million business, says that Romania is divided into three distinct "countries," each of t...
Mega Image, Lidl And Profi Step Up Expansion, Plan To Open 170 Stores For 2012
Retailers Lidl, Mega Image and Profi will invest EUR120 to EUR150 million this year, according to ZF estimates. The money will be used to open about 170 stores on the local market, thus sett...
New Management Changes At Ursus
Ursus Breweries, the largest local company on the beer market by sales in 2010, has appointed Romanian Mihai Barsan as vice-president of marketing.
Ali Ergun Ergen Returns As CEO To Anchor Grup To Help Bucharest’s First Two Malls Back Up
Ali Ergun Ergen, who ran the Baneasa shopping center in northern Bucharest until the end of last year, has been appointed chief executive officer of Anchor Grup again. He was Anchor’s CEO du...
Basescu Nominates Mihai Razvan Ungureanu As New PM
Mihai Razvan Ungureanu, head of the Foreign Intelligence Service (SIE), was nominated Monday evening by Romanian President Traian Basescu as the new prime minister, replacing Emil Boc.
Romanian Administration To Carry On Regardless Of Political Context – Acting PM
Romania's Government will ensure the country's administration carries on as usual and will only adopt decisions, not ordinances or bills, acting prime minister Catalin Predoiu said Monday.
Launch Of First Romanian Nanosatellite Postponed Until February 13
The launch of GOLIAT, the first Romanian nanosatellite put in orbit through a program of the Romanian Space Agency (ROSA), has been postponed until February 13 because of unfavorable weather...
Interest Rates Are Declining Slowly, But Loans Are Still More Expensive Than In 2010
Romania's central bank (BNR) has managed, by easing its monetary policy, to make loans cheaper in December than in previous months, but interest rates are still above the level recorded at t...
Romania, A Country Crossed By Mountains, Has Less Than 2km Of Road Tunnels
Romania currently has nine road tunnels, with a cumulated length of 1.6 km, although it is crossed by mountains, which would justify more such tunnels. Hungary, a largely low-lying country,...
Romanian Central Bank Has A Program To Encourage Lending In Lei
The three consecutive cuts of the key monetary policy rate from 6.25% to 5.5% made by the central bank since November last year and the constant liquidity boosts through repurchase agreement...