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CFR Marfa Switches From Profit To RON137M Loss
Automotive

CFR Marfa Switches From Profit To RON137M Loss

Romanian state-owned railway freight carrier CFR Marfa expects loss of RON137 million in its revised budget of revenue and expenditure for 2017, compared with the initially forecast profit o...

Ecaterina Craciun · 27.10.2017 · 17:26 · 1 min
Dacia Sees Revenue Up 8.4% To RON11.6B In H1
Automotive

Dacia Sees Revenue Up 8.4% To RON11.6B In H1

Renault-owned Automobile Dacia, the largest company in Romania by revenue, ended the first half with the highest six-month growth in the last four years and if the pace continues, full-year...

Loredana Frățilă-Cristescu · 25.10.2017 · 00:00 · 1 min
Canada’s Litens Automotive Group Opens Its Second European Factory, In Romania
Automotive

Canada’s Litens Automotive Group Opens Its Second European Factory, In Romania

Canadian car parts manufacturer Litens Automotive Group on Tuesday opened its second factory in Europe, in the vicinity of Romanian western city of Timisoara, where it plans to employ 250 pe...

Ecaterina Craciun · 24.10.2017 · 18:02 · 1 min
Autovit.ro: Nearly 380,000 Used Cars Registered In January-September 2017
Automotive

Autovit.ro: Nearly 380,000 Used Cars Registered In January-September 2017

Used car transactions in Romania hit a record high between January and September 2017, reaching 378,424 units, according to an analysis by car sales platform Autovit.ro, based on public data...

Ecaterina Craciun · 24.10.2017 · 16:59 · 1 min
New Commercial Vehicle Registrations Grow 2% in Jan-Sept
Automotive

New Commercial Vehicle Registrations Grow 2% in Jan-Sept

Registrations of new commercial vehicles in Romania grew 2% in January-September compared with the same period last year, to 17,371 units, data from the association of automotive manufacture...

Oana Gavrila · 24.10.2017 · 12:00 · 1 min
Transport And Logistics Becomes Third Largest Sector in Romanian Economy
Companies

Transport And Logistics Becomes Third Largest Sector in Romanian Economy

Transport and logistics, a sector operated by 53,000 companies in Romania, reached a total turnover of RON75.3 billion in 2016, 6% higher compared with 2015 and 50% higher than in 2008, Trad...

Oana Gavrila · 19.10.2017 · 16:49 · 1 min
World Bank to Support Highway Construction in Romania
Automotive

World Bank to Support Highway Construction in Romania

The World Bank has agreed to finance Romania for the construction of a highway section to Brasov, in the central part of the country, and will start its first technical mission end-October,...

Oana Gavrila · 18.10.2017 · 16:10 · 1 min
ACAROM: Registrations of New Commercial Vehicles Rose 15.9% In January-September 2017
Automotive

ACAROM: Registrations of New Commercial Vehicles Rose 15.9% In January-September 2017

The number of new commercial vehicles registered in Romania rose 15.9% in January-September 2017, to 78,769 units, according to data provided by the association of automotive manufacturers i...

Ecaterina Craciun · 17.10.2017 · 14:07 · 1 min
FAN Courier Turnover Up 10% in Jan-Sept
Companies

FAN Courier Turnover Up 10% in Jan-Sept

FAN Courier, the largest courier service company in Romania, on Thursday reported a 10% annual growth in turnover for the first nine months.

Oana Gavrila · 12.10.2017 · 11:01 · 1 min