Automotive
CFR Sets Up New Auction Tuesday To Lease Nearly 1,000 Km Of Public Railroad
Romanian railway administrator CFR will organize an outcry bid Tuesday, November 25, at the Romanian Commodities Exchange (BRM), in order to lease 27 rail sections covering 980.5 kilometers.
Court Approves Frigoexpres Reorganization Plan
Oradea-based freight shipping company Frigoexpres, which went insolvent in August 2013, has had its reorganization plan approved in court.
Only Four Out 11 Segments Grew Faster Than Overall Auto Market In Jan-Oct
Out of the 11 segments of the local auto market, only the luxury, subcompact, compact SUV and compact car segments saw a higher growth rate than the entire market's, 24%, in January-October...
Preh Romania Hires 100 More People In Brasov
Car part maker Preh Romania, a supplier of Porsche, Daimler, Audi or BMW, plans to recruit 100 people for its plant of Ghimbav, Brasov county. The company now has around 800 employees after...
Bucharest Seeks Maintenance Services On Traffic Bridges And Passageways For EUR100M
The Bucharest City Hall seeks to buy cleaning and maintenance services for the city's traffic bridges and passageways through a four-year frame agreement estimated at RON462 million (EUR104...
Ford To Lay Off Over 20% Of Staff At Its Romanian Plant
U.S. carmaker Ford will lay off 680 of some 3,200 employees at its plant in Craiova (southern Romania), meaning over 20% of its staff.
Cora Starts Home Deliveries In December; Launches coradrive.ro Service At Two More Stores In 2015
French-Belgian retailer Cora, which operates a 12-hypermarket network in Romania and holds the coradrive.ro service at cora Lujerului store, will start home deliveries in December, after con...
APIA: Romania Car Sales Up 24.2% To 68,830 Units In January-October
Romanian new passenger car sales rose 24.2% on the year to 68,830 units in January-October, the Automotive Manufacturers and Importers Association, or APIA, said Tuesday.
Government Approves Norms For Subsidized Car Loan Program
Romania's government on Tuesday approved the regulations for the car loan program "First Car", allowing buyers to get state-guaranteed loans.