Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
IMF Lowers Romania's 2012 Economic Growth Forecast To 1.5-2%
The International Monetary Fund has revised the forecast for Romania's economic growth this year downward slightly, from 1.8-2.3% to 1.5-2%, but does not rule out the GDP increasing by more...
Tarom To Add New Bucharest-Budapest Flights Next Week
Romanian airline Tarom will increase the frequency of Bucharest-Budapest flights by seven per week, starting February 6, after Hungarian state-owned airline Malev filed for bankruptcy and gr...
National Cadastre Agency To Award EUR50M Contract For Land Book Digitization
Romania's National Cadastre Agency (ANCPI) on March 20 will hold an auction for the archival and digitization of 5.07 million land books, in a contract worth an estimated 217.7 million lei (...
Wizz Air Invests $100M In Budapest Operations After Malev Bankruptcy, Resumes Flights To Bucharest
Low-cost airline Wizz Air has announced it will invest $100 million to expand its operations in Budapest and will resume flights from the Hungarian capital to Bucharest, after state-owned ai...
Radio Comm Company SNR Awards RON9.2M Contract For Billing Software
Total Network Solution will provide Romania's national radio communications company SNR with a billing software application, for 9.23 million lei (EUR2.12 million), VAT included.
Indian Carmaker Tata Motors Negotiating Investment In Cluj, Romania
Authorities in Cluj county, Romania are in negotiations with Indian carmaker Tata Motors regarding an investment in the Tetarom 3 industrial park in Jucu commune.
Top Equity Fund General Manager: We’ll Support A Change Of SIF Management
Adrian Tanase, general manger of ING Investment Management, the manager of the largest equity fund, which invested EUR50 million on the stock market, believes that improvement of corporate g...
Alico: We Can Make Further Acquisitions If Opportunities Arise
US company MetLife, which has recently announced the acquisition of the local subsidiary of Aviva, is watching the Romanian market and does not rule out a potential acquisition of another co...
Five Years Since EU Integration: Where Does Romania Stand?
Has accession to the European Union brought Romania any palpable advantage? If the question seems nonsensical, let me rephrase it: has Romania in the five years since it joined the EU receiv...
Now That BNR Cut Key Rate To 5.5% When Will Loan Interests Follow Suit?
The central bank has cut the key rate by 0.75 percentage points since November, to 5.5% but a number of banks like BCR, Raiffeisen, Emporiki and Garanti did the exact opposite not long ago w...
Patriciu Requests Minimax’s Insolvency
Minimax Discount and Macro stores, the first bet of businessman Dinu Patriciu in retail, have asked for their insolvency in a petition submitted with the Ilfov court of law on February 1. Mo...
Government, IMF Keep Open Possibility Of Wage, Pension Raises
Romanian Prime Minister Emil Boc and the IMF delegation have agreed that the new letter of intent would retain the possibility of raising public sector salaries and pensions this year, the e...