Automotive
Tarom To Operate Iasi-Cluj Flights Starting June 11
Romanian state airline Tarom on Wednesday said it will be operating flights on Iasi-Cluj-Iasi route, starting June 11, 2018.
Romania Picks Turkish Contractor to Build Two Thirds of Bucharest Ring-Road
Romania's roads authority has picked Turkish contractor Alsim Alarko Sanayi Tesisleri ve Ticaret to build the first two sections of the Bucharest ring-road, totaling around 32 km.
Banca Transilvania Group Sells Operating Leasing Division to Autonom
Banca Transilvania Financial Group has reached a deal to sell 100% of its operating leasing division BT Operational Leasing to rent-a-car company Autonom.
Passenger Car Registrations Fall 0.7% in 1Q
New passenger car registrations in Romania fell 0.7% in the first quarter compared with the first quarter of 2017, while cargo vehicle registrations grew 7.6%, data from the country's statis...
Michelin Expects Tire Sales To Rise By At Least 5% In 2018
Tire manufacturer Michelin expects sales of tires to continue to grow this year, as well, at a rate of at least 5%. As Romanians buy newer cars, tire makers will be delivering bigger tires,...
European Appetite For SUV Drives Romania’s Car Production Up 23% In Q1
Romania’s car production stood at almost 122,000 units in the first quarter, data from the country’s association of carmakers ACAROM and the Automotive Manufacturers and Importers Associatio...
Sales Of Trucks Continue To Lose Steam Despite Economic Growth
Sales of heavy trucks of over 16 tons fell by 25% to almost 6,500 units last year, Automotive Manufacturers and Importers Association (APIA) data show, and the pace slowed down in the first...
Yves Caracatzanis, Dacia: Want Investment? Invest In Education And Predictability
Romania still needs to work on predictability, infrastructure and education if it wants to attract new investors, said Yves Caracatzanis, managing director and chairman of the board of Autom...
Road Authority Awards RON882M Contract for Bucharest Ring-Road Section
Romania's roads authority has picked the consortium Spedition UMB SRL - Tehnostrade SRL - Artera Proiect SRL to build the third section of Bucharest's ring-road under a RON882.3 million cont...