Automotive
Government Approves Emergency Ordinance On Mandatory Car Insurance Policies
The Romanian Government has approved on Wednesday an emergency ordinance regarding mandatory car insurance policies (RCA) under the form and with the provisions announced by Prime Minister D...
Rail Transport Operator Servtrans Invest Exits Insolvency
The Bucharest Court decided on September 9 to close the judicial reorganization procedure at rail transport operator Servtrans Invest S.A, following a request submitted by judicial administr...
APIA: Romanian Auto Market Rose 16% In January-August 2016
Romania's auto market grew 16% in annual terms in January-August 2016, in the context in which vehicle sales saw an increase of 14.8% to 70,606 units, and industry representatives kept the 1...
UPC Romania Closes Leasing Contract For Over 170 New Vehicles
Cable TV and telecom operator UPC Romania, member of Liberty Global, closed a leasing contract for over 170 new vehicles, acquired through OTP Leasing Romania and managed by Business Lease R...
Romanian Transporters Say Government Plans To Amend RCA Law
Romania’s Government plans to amend the law regulating the mandatory car insurance policies (RCA) through an emergency ordinance, but it will also keep the propositions made by employers’ as...
Grawe Romania Gets Licensed To Enter RCA Market
Grawe Romania, part of Austrian group Grawe, was licensed by the Financial Supervisory Authority (ASF) to sell mandatory car insurance policies (RCA) and voluntary car insurance (Casco).
Ford To Invest EUR130M In Automobile Craiova By 2019
U.S. carmaker Ford will invest a minimum additional sum of EUR130 million from own sources at its Romanian unit Automobile Craiova by the end of 2019, the Romanian Finance Ministry said in a...
Story Of Cristina Balan, The Romanian Engineer Part Of The Team That Designed Tesla Model S
Cristina Balan left Romania fourteen years ago and was part of the engineering teams that designed two of the most famous US products in the world – Tesla Model S and Boeing 787 Dreamliner.
Romania’s Bicycle Production Doubled In 2009-2015
Romania manufactured about 900,000 bicycles last year and climbed to fifth place among the manufacturers in the EU after having doubled production in 2009-2015. It is also among the largest...