Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
CNADNR's Investment Spending Up 0.27% This Year
Romanian road authority CNADNR's budgeted investment spending will be raised this year by 21 million lei (EUR4.8 million) or 0.27%, to RON7.751 billion, of which almost half will come from f...
Romania To Reduce Phone Interconnection Fees By 30% This Year
Romanian telecom regulator ANCOM will reduce mobile and landline telephony interconnection fees by more than 30% this year, meaning clients will be charged less for calls outside their netwo...
Mandatory Private Pension Funds Posted 11.7% Yield In May '08-Dec '11
The weighted average yield of Romania's mandatory private pension funds (Pillar II) between May 2008 and December 2011 was 11.7%, more than double the annual average inflation rate for the p...
Greenpeace Activists Occupy Romanian Environment Ministry
Around 20 Greenpeace activists entered the headquarters of Romania's Environment Ministry on Tuesday, having eluded gate security, demanding to speak to minister Laszlo Borbely about the Ros...
Green Energy Gets Over EUR95M Subsidies In 2011, 2012 Expectations At EUR300M
Producers of energy from renewable sources, such as wind, sun and water, last year collected over EUR95 million from green certificates received for the electricity delivered into the system...
Ruling Coalition Intensifies Populist Pressure To Raise Wages. Prime Minister Talks About “Slight Increases”
The Government is caught in the middle of electoral pressure, street protests and forecasts of an economic growth slowdown. Monday morning, with the International Monetary Fund breathing dow...
To Merge Or Not To Merge, That Is Alpha Bank’s Question
After being announced in late August 2011, the merger of Greek banking groups Alpha Bank and Eurobank, which should have created the third-ranking lender by assets on the Romanian market – A...
Tsokanis, Romtelecom: We’ll Do More With Less
The IT department of Romtelecom, one of the leading providers of landline telephony, Internet and TV services on the market, will have to do more with a lower budget this year, after having...
Sarantis Expects 11% Growth In 2012
Sarantis, the owner of cosmetics producer Elmiplant, has budgeted growth of 11% compared with 2011, to 178 million lei (EUR41.5 million at an exchange rate of RON4.3 to the euro).
Romanian Fashion Stores Crushed By Aggressiveness Of Foreign Brands. House Of Art, The Latest Victim
Staff Collection, the company operating the House of Art stores, and Corssa (Fox stores) have recently gone insolvent, thus adding two more names to the list of the local fashion companies ‘...
Alfred C. Toepfer Makes First Greenfield Investment In Romania
Alfred C. Toepfer, one of the most powerful grain traders in Romania, is investing EUR6 million in Moldova Noua (SW of the country) where it will build its first greenfield project, a silo a...
Private Pension Assets Seen Up 40% This Year, To Over EUR2.3B
The assets of Romanian mandatory (Pillar II) and voluntary (III) private pensions will exceed EUR2.3 billion by the end of this year, from around EUR1.6 billion in December 2011, due to incr...