Automotive
Romania May List 51% Of CFR Marfa Shares, Ministry Official Says
Romania’s Transport Ministry wants to change the privatization strategy of state-owned railway freight carrier CFR Marfa and plans to sell a 51% stake on the stock market, according to state...
Deutsche Bahn's Logistic Unit Posts 3% Lower Revenue In Romania
Logistic company DB Schenker, a unit of Germany’s Deutsche Bahn, posted 3.3% lower revenue in 2014, at EUR91.1 million, according to Finance Ministry data.
Raiffeisen Leasing Financing Seen Up 20% To EUR120M In 2015
Raiffeisen Leasing, one of the main five leasing companies on the local market, targets financing worth EUR120 million in 2015, up 20% on the year, at a market share of 8%, Felix Daniliuc, R...
ACEA: New Car Registrations In Romania Up 6.4% In January-May; Dacia Sales In EU Up 7%
New car registrations in Romania rose 6.4% to 25,842 units in the first five months of 2015, from 24.278 units in the year-earlier period, while sales of Romanian Dacia cars in the EU grew 7...
IAR Brasov Eye Higher Revenues Over Next Years On New Orders From Arab States
Romanian state-run aircraft repair and maintenance company IAR Ghimbav (IARV.RO) eyes higher revenues over the next years, fueled by an extended budget of the Defense Ministry and larger ord...
Automobile Dacia Sends Its Shareholders RON335M Dividends
The shareholders of Automobile Dacia, the largest carmaker in Romania and also the largest company in the country, approved payment of 335 million lei (EUR75 million) as dividends for the fi...
Romania Spent RON14B For 570 Km Highways In 25 Years
Romania spent RON14 billion (nearly EUR3.5 billion) for 570 kilometers of new highways over the last 25 years, mostly financed by the European Union, according to Business Construct magazine...
Daewoo-Mangalia Shipyard Posted Record-High Loss In 2014, At RON700M
Daewoo Mangalia Heavy Industries, or DMHI, the largest ship builder in Romania, posted a record high loss of 700 million lei (EUR157.6 million) in 2014, seven-fold higher from a year before,...
How Much Would Bucharest Airport Operator Be Worth On The Stock Market?
The listing of 20% to 30% in Bucharest Airports National Company (CNAB), whose majority shareholder is the government via the Transport Ministry, might help it raise 400 to 660 million lei (...