Automotive
EC Approves Financing For Three Road Infrastructure Projects In Romania, Worth Over EUR400M
The European Commissioner for Regional Policy, Corina Cretu, has approved financing for three road infrastructure projects in Romania, worth over EUR400 million.
Turbomecanica Posts RON6.8M Profit In 1H/2017
Romanian turbojet parts maker Turbomecanica Bucuresti (TBM.RO) registered a profit of RON6.8 million in the first six months of 2017, higher than RON4.1 million in the year-earlier period, a...
Ford To Halt B-MAX Production At Craiova Plant; Bets On Small SUV EcoSport
Ford on Monday said it will halt production of its B-MAX vehicle at its Romanian car factory in Craiova, from the first half of September, as minivans are being gradually replaced by SUVs an...
PwC: Political Consensus Crucial to Building Transport Infrastructure
Although Romania has one of the lowest scores in the European Union in terms of quality of infrastructure, according to the World Economic Forum's global competitiveness index, the country o...
APIA: New Car Sales Up Over 17% In January-June 2017
New car sales in Romania rose 17.1% on the year in January-June 2017, which also includes vehicles, with an increase of 21.7%, according to estimations released on Wednesday by the Romanian...
Daimler Trucks Launches TruckParts by Mercedes-Benz In Romania
Daimler Trucks introduced in Romania and Poland, in May 2017, as a world premiere, TruckParts by Mercedes-Benz, the latest parts brand for Mercedes-Benz Actros Classic trucks produced betwee...
EIB Lends EUR1B To Romania To Co-Finance Transport Infrastructure Projects With EU Grants
The European Investment Bank (EIB) is lending Romania EUR1 billion to co-finance with European Structural and Investment Funds priority transport infrastructure projects totaling EUR6.8 bill...
Coface: Romania Auto And Pharma Industries Rated At Minimum Risk; Metals And Construction At Medium Risk
Central and Eastern Europe benefited from improved risk assessment regarding some sectors of activity, in the second quarter of 2017, with the energy sector and metals industry being upgrade...
Local Authorities Issue Planning Permit for Craiova-Pitesti Expressway Lot
The Dolj county council has issued an urban planning permit for the planning and construction of a first lot of an expressway linking the cities of Craiova and Pitesti in southern Romania.