ZF newsroom
Tudor Ioana Raluca
- Fields
- Retail&Consumer, Social/Politics, Automotive
- Writing for ZF since
- 2011
- Articles
- 853
Romania Fares Well In EU Energy Production Rankings, But Has No Strategy
Romania features high in the rankings of energy production in the European Union -- it is number 5 in terms of oil and gas production and boasts major growth prospects given the recent Black...
Siminel Andrei Liquidates Two Vanguard Mutual Funds
Vanguard Asset Management, one of the pioneers of the Romanian mutual funds market, has decided to liquidate mutual funds Vanguard Protector and Fondul Oportunitati Nationale (FON) because t...
Ponta: Romania Will Have Lower-Than-Expected Budget Revenues In 2013
Romania’s state budget revenues in 2013 will be lower than expected due to changes to bank provision regulations, to payment delays caused by the reorganization of tax authority ANAF and bec...
Romania Might Either Lower Social Security Contributions Or Increase Nontaxable Wage Base In 2014
Romania’s Government wants to apply softer fiscal measures on the labor market next year and is considering either lowering social security contributions or eliminating the 16% income tax on...
New Insolvency Code Takes Effect On October 25; NGOs Denounce Article On TV, Radio Licenses
Romania’s new Insolvency Code was published in the Official Journal Friday and will take effect on October 25. It will also apply to insolvency requests currently under analysis.
Germany’s New Ambassador To Bucharest: Romania Attractive To German Investors
Romania is attractive to German investors because the local market is one of the largest in the region and has a tradition in engineering, energy reserves, arable land, beautiful tourist des...
Highway Construction Work Up Only 2% In August, From 5% In July
The ten leading highway construction sites in Romania advanced by an average of 2% between August 1 and September 1, show ZF calculations based on information provided by roads authority CNA...
Ghetea Not Worried About Loss To Banking System Due To Swiss Loan Court Cases
Radu Gratian Ghetea, president of the Romanian Banking Association (ARB), says he is not worried about loss to the banking system as a result of court cases that could be brought by individu...
Forests Cover Less Than 30% Of Romania
The forest area in Romania stands at about 6.6 million hectares, covering 27% of the country. This puts it on the 13th place in Europe by volume and 26th as percentage of land area, accordin...
Romania Will Get To 2008 GDP Level Only In 2014
Romania’s real GDP will return to the pre-crisis level in 2014, after six years and after borrowing EUR20 billion from international lenders. The country’s the public debt has doubled in the...
Fuel Demand Down 10%, Price Up 60% In Romania in 2008-2012
Romania has lost about 10% of its fuel demand in five years of crisis (2008-2012), one of the most serious declines in Europe out of nine members countries analyzed by ZF based on Euromonito...
Agrofam Owner Enters Organic Goat Cheese Niche, Gives Up Online Store
Stefan Poienaru, owner of major farming group Agrofam, has given up his online store selling meat and dairy products two years after launching it and now plans to focus exclusively on the pr...