Automotive
Romania In Talks With Qatar Airways, Turkish Airlines, Emirates And Etihad About Otopeni And Tarom
Romanian Prime Minister Victor Ponta said the Government seeks to conclude a partnership with airline operator Qatar Airways for the modernization of Otopeni airport and the re-launch of sta...
Romania's Car Tire Market Expected To Reach EUR250M This Year
The car tire market (small cars to pick up trucks and all-wheel drive vehicles) is constantly increasing, a trend that will be visible throughout 2015 and confirms Romania’s economic growth...
Western Romania Developed With Infrastructure Investments, While Govt Overlooked Moldavia
The government’s investments in the road infrastructure in Transylvania and Banat allowed the area to attract investors and develop exports, while Moldavia was ignored. Ziarul Financiar pres...
Transport Ministry-Owned Companies Posted RON650M Profit In 2014
The companies subordinated to the Transport Ministry posted total profit of almost 650 million lei (EUR147 million) in 2014, after having posted total losses of RON460 million in 2013.
Environmental Fund Proposes RON20,000 Subsidy For Electric Cars
The Romanian environmental fund administration AFM proposes a RON20,000 subsidy for the purchase of electric cars and to finance the installation of charging outlets, said institution presid...
Bosch Gets EUR16.6M State Aid For EUR33M Investment In Blaj
Bosch Rexroth will receive EUR16,6 million state aid to invest EUR33 million in expanding its production of automotive sensor plant in Blaj, Alba county, that will create around 570 new jobs...
Romania Awards EUR1.6M Contract For Danube Bridge Feasibility Study
Romania's roads authority CNADNR signed Thursday a RON6.98 million (EUR1.58 million) contract, VAT included, for an updated feasibility study for a suspended bridge over the Danube River, in...
Leoni To Hire 500 For Its Automotive Cable Plant In Arad
Wiring manufacturer Leoni Wiring Systems Arad, a subsidiary of Germany’s Leoni group, will hire about 500 people for the automotive cable plant in Arad this year, to complement the 4,700 alr...
Federal-Mogul Builds Windshield Wiper Factory Near Ploiesti
U.S. company Federal-Mogul, which operates a brake pad factory in a private industrial park near Ploiesti, announced Thursday it will start construction on a new factory that will manufactur...