Automotive
Conpet To Pay EUR58M To CFR Marfa For Oil Transport
State-run oil transporter Conpet Ploiesti (COTE.RO) will pay 255.1 million lei (some EUR58 million) to state-owned railway freight carrier CFR Marfa, in the next four years, for the transpor...
Dacia Head: Romania Needs More Flagship Companies To Grow, The Mioveni Plant Cannot Be The Only One
The local economy needs several leading companies, top performers in their field, which should also be known internationally, to support the country’s exports and image, in the context where...
Metrorex Wants To Buy Electricity Through Nearly EUR16M Contract
Bucharest subway transport operator Metrorex plans to purchase electricity for a one-year period, through a contract estimated at 69.5 million lei (EUR15.8 million), VAT included.
Aurel Radu Steps Down As General Manager Of Metrorex
Aurel Radu has resigned from the position of general manager of Bucharest subway transport operator Metrorex, following recent talks with Transport Minister Ioan Rus.
Ford Could Make EcoSport SUV In Romania Starting 2017
U.S. carmaker Ford could start production of a second model at its plant in Craiova, Romania, in the second part of 2017, the EcoSport SUV.
BMW Group Has No Plans To Start Production In Romania
BMW is the only German premium carmaker that is not expanding to Eastern Europe for the time being, in the context where Mercedes-Benz has invested EUR1 billion in Hungary (since 2008), Audi...
Tarom Fails To Significantly Curb Loss In 2014
Romanian state-run airline Tarom ended 2014 with a loss of 119 million lei (EUR27 million), just 8% lower than in 2013, and expects to register a negative result in 2015 as well, at RON8 mil...
Germany’s Hella Has EUR18M To Boost Car Part Production In Romania
German-held car part producer Hella, one of Romania’s 100 most valuable companies, is investing around EUR18 million to increase the production capacity of its electronics unit.
DPD Romania Turnover Grew 14% In 2014, To RON75.5M
Parcel delivery service company DPD Romania, owned by French group GeoPost, had a turnover of RON75.5 million in 2014, up 4% on the year, driven mainly by a rise in online shopping.