Automotive
Deputy PM: Romania Needs Vocational Schools To Attract Third Carmaker
Infrastructure and highways are a solution for Romania to attract large investments in the auto industry only if the major companies can find the necessary skilled labor here.
Softronic Craiova Eyes RON105M Turnover In 2016
Craiova-based electric locomotive and multiple unit manufacturer, controlled by Romanian entrepreneurs, targets a turnover of RON105 million (EUR24 million) in 2016, compared with RON58.1 mi...
CFR Invests RON16M In Rail Infrastructure To Increase Train Speed
Romania's state-owned railway operator CFR SA said it continues the program of current maintenance and repair works on railway infrastructure components in order to lift speed restrictions a...
Astra Vagoane Calatori 2015 Revenue Down To One Third Of 2014 Level
Rolling stock manufacturer Astra Vagoane Calatori based in Arad and held by businessman Valer Blidar ended last year with 96 million lei (EUR21 million) revenue, down from RON290 million in...
Autoliv Romania Overshoots RON3B Revenue Mark
Automotive safety systems manufacturer Autoliv Romania, the local subsidiary of the Swedish Autoliv group, posted growth of 25% in revenue to more than 3 billion lei (EUR668 million) last ye...
Tiriac Moves Second-Hand Car Division To Make Room For Sports Complex In Otopeni
Romanian billionaire Ion Tiriac, owner of the Madrid Open tennis tournament, has relocated the used car sales division Tiriac Auto Rulate from the former site of Metro Otopeni to begin inves...
Tarom Dismisses Christian Heinzmann And Tiberiu Ticlea As Board Members
Shareholders of Romanian state-run airline Tarom decided in their general assembly of May 6 to dismiss Christian Edouard Heinzmann and Tiberiu Ticlea from the position of members in the comp...
Tarom Introduces New Flights From Bucharest To Hamburg
Romanian state-owned airline Tarom is introducing new flights from Bucharest (Romania) to Hamburg (Germany), as of May 9, 2016, which will be operated four times a week.
Automobile Dacia Turnover Up 1.76% To RON19.1B In 2015
Renault-owned carmaker Automobile Dacia reported a turnover of RON19.1 billion (EUR4.3 billion) in 2015, up 1.76% on the year, while the production sold accounted for RON14.5 billion, up 5.9...