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Ioana Manda Runs Renault's Romanian Vehicle Testing Center As Of June
Automotive

Ioana Manda Runs Renault's Romanian Vehicle Testing Center As Of June

Ioana Manda has taken over as head of the Titu Technic Center (CTT) – part of engineering center Renault Technologie Roumanie, starting June 2016.

Ecaterina Craciun · 09.06.2016 · 12:19 · 1 min
Aerostar Bacau Shareholders To Elect New Executive Board
Automotive

Aerostar Bacau Shareholders To Elect New Executive Board

Romanian aircraft construction and repair firm Aerostar Bacau (ARS.RO) summoned its shareholders at a meeting scheduled for July 5 to elect a new Executive Board for a four-year period, unti...

Ecaterina Craciun · 03.06.2016 · 12:13 · 1 min
Dumagas: We Have No Other Way But Grow
Automotive

Dumagas: We Have No Other Way But Grow

Transport and logistics company Dumagas held by private equity firm Bancroft is looking for new customers in Eastern Europe and Turkey.

Loredana Frățilă-Cristescu · 31.05.2016 · 10:51 · 2 min
ASF: Average RCA Tariffs For Transporters Flat On Month In April
Banks-Insurance

ASF: Average RCA Tariffs For Transporters Flat On Month In April

The average premium for civil liability car insurance policies RCA concluded for utility vehicles and trucks, for a 12-month period, remained unchanged in April 2016 compared with a month ea...

Ecaterina Craciun · 26.05.2016 · 14:24 · 1 min
Hertz Romania Opens Office In Iasi
Automotive

Hertz Romania Opens Office In Iasi

Hertz Romania, leader on the rent-a-car market and one of the players with the fastest growth on the operating leasing market, will open its first office in the region of Moldavia, in the ci...

Ecaterina Craciun · 24.05.2016 · 14:23 · 1 min
Renault Looking At Two Offers For Its New Romanian Headquarters
Real Estate

Renault Looking At Two Offers For Its New Romanian Headquarters

Groupe Renault Romania, which has the entire range of operations from car design to car, engine and component manufacturing, sales and logistics on the local market, is looking for a new pla...

Loredana Frățilă-Cristescu · 24.05.2016 · 00:00 · 2 min
Bergerat Monnoyeur: Farm Machinery Market To Grow At Least 25% In 2016
Companies

Bergerat Monnoyeur: Farm Machinery Market To Grow At Least 25% In 2016

Tractor sales in Romania are expected to exceed the 2,000-unit mark in 2016, after ranging between 1,800 and 1,900 units annually, throughout the years, while the construction machinery mark...

Ecaterina Craciun · 22.05.2016 · 15:30 · 1 min
Severnav Switches To RON452.000 Loss In 1Q/2016
Automotive

Severnav Switches To RON452.000 Loss In 1Q/2016

Romanian ship builder Severnav (SEVE.RO) switched to a loss of RON452,000 in the first three months of 2016, compared with a profit of RON45,000 in the same period a year ago.

Ecaterina Craciun · 19.05.2016 · 10:57 · 1 min
Porsche Romania Sees More Than EUR450M Revenue In 2015
Automotive

Porsche Romania Sees More Than EUR450M Revenue In 2015

Porsche Romania, the largest local auto importer, posted EUR453 million revenue last year, an increase of 14% on 2014. This makes 2015 its best year after 2009, when revenue stood at EUR382...

Loredana Frățilă-Cristescu · 19.05.2016 · 10:00 · 1 min