Automotive
Construction Works On Nearly 150 Kilometers Of Highway Pushed Back To 2016
Almost 150 of nearly 200 kilometers of highway under construction in Romania at the moment should be completed in 2016. Works on some sections, such as Lugoj-Deva (2nd, 3rd and 4th sections)...
APIA: Romania Car Sales Up Nearly 30% In January-August
Romanian new passenger car sales rose 29.7% on the year to 53,816 units in January-August, the Automotive Manufacturers and Importers Association, or APIA, said Wednesday.
Romania Posts Fourth Biggest Growth In EU Car Sales In January-August
Romania registered the fourth largest increase in new car registrations in the European Union, of 25.8%, in the first eight months of 2014, and Dacia saw the highest growth, of 30.2%, to 247...
Romania's Leasing Market Up Over 20% In First Half
The leasing market grew by more than 20% in the first half driven by funding for vehicle purchases, while the equipment segment has yet to make a visible impact.
APIA: Truck Sales Up 34% In January-June
Sales of heavy trucks of over 18 tons used mainly for international shipments rose by more than 34%, to over 2,600 new units, in the first seven months of the year, according to the Romanian...
Damages Paid By RCA Insurers For Bodily Injury And Death Up 70% In 1H/2014
Damage payments for bodily injury and death covered by insurers issuing mandatory civil liability car insurance (RCA policies) stood at 277.06 million lei (over EUR62 million) in the first h...
Brokers, The Favorite Distribution Channel For Car Insurance In Romania
Carpatica Asig, Euroins and City Insurance lead in the ranking of insurers banking on brokerages for the distribution of their policies, with around 90% of premiums being generated through t...
Bucharest-Ploiesti Highway, Unconnected To Capital City For Another 2 Years
The first 6.5 km of the Bucharest-Ploiesti highway, which should link Romania’s capital city to the beltway, no longer have a completion deadline, after Italy’s Pizzarotti, which also built...
Gruia Stoica's Electroputere VFU Sells Train Cars To Belgian Firm For EUR2M
Electroputere VFU Pascani (RMAR.RO), part of Grampet group, owned by businessman Gruia Stoica, is selling 20 passenger train cars to Belgium company Daxi for EUR2 million.