Automotive
Spanish Car Parts Maker Gestamp Taps Romanian Market By Acquiring Factory In Pitesti
Spanish car parts manufacturer Gestamp entered the Romanian market by acquiring the majority stake in a local company which makes products for Renault-Nissan Group, through carmaker Dacia.
Altur Slatina Plans To Sell Its Stakes In SIFs To Pay Back Its Debts
Shareholders of Romanian car parts maker Altur Slatina (ALT.RO) will discuss, at their next general assembly, the sale of stakes held by the company in the five regional investment funds (SI...
Dacia To Launch New Logan MCV Stepway At Geneva Motor Show
Dacia will launch the new Logan MCV Stepway model alongside a new limited edition available across several models at the Geneva Motor Show on March 7, Renault said in a statement Wednesday.
Henri Coanda And Baneasa, Among European Airports With Highest Air Traffic Growth In 2016
Bucharest's two airports, the Henri Coanda (Otopeni) and the Aurel Vlaicu (Baneasa) airports, were included by Airports Council International – Europe in a European ranking of airports seein...
Metrorex Has Over RON340M At Disposal For Investments In 2017
Bucharest subway operator Metrorex has at disposal, in 2017, RON234 million allocated based on government decree 83/2016, and over RON109 million representing money left unspent in 2016 and...
Lack Of Orders In Romania Drives Rolling Stock Manufacturers To Look For Contracts Elsewhere
Whereas all rolling stock from locomotives, subway trains, buses and street cars in service in Romania used to be made in Romania before the fall of the communist regime, now only a handful...
IAR Brasov Posted Higher Turnover In 2016, Of RON152M
Romanian state-run aircraft repair and maintenance company IAR Ghimbav (IARV.RO) on Wednesday said it registered a net turnover of RON152 million in 2016, higher than the turnover of nearly...
Romania To Become Center Of Excellence For Production Of H215 Helicopters
Airbus Helicopters wants to turn Romania into a center of excellence for the manufacturing of H215 helicopters, Olivier Michalon, Senior Vice President for Europe of Airbus Helicopters, said...
Romcab Files For Insolvency
Romanian cable maker Romcab Targu-Mures (MCAB.RO) has filed for insolvency, the company said in a statement to the Bucharest Stock Exchange.