Articles 1 - 14 of 14 by " Octavian Calei"
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Finance Minister Unhappy With Tax Collection Level, Pledges Harsh Measures
1 apr 2014
Tax collection in the first three months of the year ‘was unsatisfactory,’ said Finance Minister Ioana Petrescu on ZF Live business show Monday, therefore, the minister announced “some very more
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Insurance Expert: ASF Should Be Dissolved, 60%-80% Of Employees Lack Necessary Training
17 mar 2014
The Financial Supervisory Authority should be dissolved, Cristian Constantinescu, one of the most experienced specialists in the insurance industry in Romania, told ZF in an interview. more
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Naspers To Enter New European Markets With eMag Brand
22 nov 2013
eMag, the largest IT&C retailer in Romania, which last year generated sales of EUR165 million, will be the command center of South African Naspers group’s expansion to other European markets on the more
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Tarom Loss At $22M In First 9 Months; Expected To Exceed $40M By Yearend
12 nov 2013
Romanian state-run airline Tarom’s losses amounted to $22 million in the first nine months of 2013 and are expected to reach at least $40 million by the end of the year, Nicolae Demetriade, former more
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Turdean, Farmec Cluj: We Need To Be Better Represented Abroad
18 oct 2013
Farmec Cluj, a Romanian company that has been manufacturing cosmetics for more than a hundred years is competing with multinationals and exporting to 35 countries throughout the world. In the last more
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Romania To Renegotiate Oil And Gas Royalties
15 oct 2013
The level of oil and natural gas royalties to the state budget is not sufficient and will be renegotiated at the end of next year, said Gheorghe Dutu, president of the National Mineral Resources more
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Ghetea Not Worried About Loss To Banking System Due To Swiss Loan Court Cases
4 oct 2013
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 individual debtors more
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Immochan Kicks Off Real Estate Project In Brasov
1 oct 2013
Immochan, the real estate division of French group Auchan, started construction of the first stage of real estate project Coresi Brasov in central Romania. more
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Stanescu, Marfin: The Bank Can Stand On Its Own If Cypriot Parent Bank Doesn’t Find A Buyer
3 iul 2013
Marfin Bank Romania, the local subsidiary of Cyprus Popular Bank group, which is under liquidation, is sufficiently strong to stand on its own if its majority shareholder in Cyprus cannot find a buyer more
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Dinescu, UNTRR: Calafat-Vidin Bridge Will Reduce Transporters’ Route Through Romania By 230 Km
18 iun 2013
The recently-opened road-rail bridge over the Danube River, linking Calafat (Romania) to Vidin (Bulgaria), will reduce transporters’ route through Romania by around 230 kilometers, Radu Dinescu, more
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Basescu Says Not Afraid Of Exchange Rate Fluctuations Getting Out Of Control
17 iun 2013
Romanian President Traian Basescu said he is not afraid the exchange rate fluctuations might get out of control, arguing things will get back to normal after significant capital outflows were also more
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Negritoiu: Romania Should Set Up Investment Fund To Capitalize Industrial Companies
14 iun 2013
The second day of ZF Bankers Summit ’13 brought up the weaknesses in the economy and the issue of insolvencies weighing on banks’ loan portfolios. One solution would be for the state to more
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MedLife: 5,000 Clients Pay RON100/Day For Private Medical Care
5 iun 2013
The market of private medical services is valued at EUR600 million, with over 50% of this value being subsidized by the state, said Mihai Marcu, president of MedLife, at ZF’s business show on more
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DTZ: Investors Spent EUR150M On Farmland This Year
30 nov 2012
Cristian Ustinescu, investment manager with real estate consultant DTZ, said at ZF Live on Thursday that 100,000 hectares of farming land changed hands this year. This should amount to EUR150 million, more