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Timisoara Airport Reports 39% Higher Traffic In August, To 70,000 Passengers
Companies

Timisoara Airport Reports 39% Higher Traffic In August, To 70,000 Passengers

International Airport "Traian Vuia" in Timisoara reported a 39% higher traffic on the year in August, to nearly 70,000 passengers, due to vacation flights, among others, but the number of pa...

Gabriela Stan · 12.09.2014 · 12:53 · 1 min
Toyota Romania Banks On 15% Sales Growth In 2014
Automotive

Toyota Romania Banks On 15% Sales Growth In 2014

Toyota Romania, the importer of Toyota and Lexus brands in Romania, owned by English group Inchcape Motors, expects its revenue to rise from EUR126 million in 2013 to EYR145 million in 2014...

Catalina Apostoiu · 12.09.2014 · 00:00 · 1 min
Lukoil Lubricants Launches Motor Oil For LPG-Fueled Vehicles, Targets RON860M Turnover
Automotive

Lukoil Lubricants Launches Motor Oil For LPG-Fueled Vehicles, Targets RON860M Turnover

Lukoil Lubricants East Europe, part of Russian oil group Lukoil, has launched several types of motor oil for vehicles running on gasoline and liquified petroleum gas (LPG) and targets RON860...

Oana Gavrila · 11.09.2014 · 15:40 · 1 min
No Private Or Foreign Airline Interested In Romanian Local Flights
Companies · Tarom sees traffic between domestic destinations go down 10% in 1H

No Private Or Foreign Airline Interested In Romanian Local Flights

On the local flight market it dominates, Romanian state-run airline Tarom saw traffic go down by 10% in the first half of this year against the same period of 2013.

Catalina Apostoiu · 11.09.2014 · 00:00 · 1 min
Coface: Road Transporters Prone To Insolvency
Automotive

Coface: Road Transporters Prone To Insolvency

Road transporters face fragile liquidity and are very exposed to negative shocks such as non-payment of receivables or declining sales, according to Coface Romania estimates.

Oana Gavrila · 10.09.2014 · 14:17 · 1 min
Excise Duty Hike Eats Into Atlassib's Profit
Automotive

Excise Duty Hike Eats Into Atlassib's Profit

Sibiu-based Atlassib company, Romania’s biggest international road passenger transport operator, carried more than 300,000 people in the first half of the year, 7-8% more than in the same pe...

Catalina Apostoiu · 09.09.2014 · 00:00 · 2 min
Tarom To Introduce Iasi-Dublin Flights Starting October
Automotive

Tarom To Introduce Iasi-Dublin Flights Starting October

Romanian state-owned airline Tarom said it will introduce direct flights on the Iasi-Dublin (Ireland) route stating October 30.

Ecaterina Craciun · 05.09.2014 · 16:51 · 1 min
Ponta: Romania And China Engrossed In EUR6B Projects For Energy Sector And Infrastructure
Energy

Ponta: Romania And China Engrossed In EUR6B Projects For Energy Sector And Infrastructure

Prime Minister Victor Ponta said Thursday that Romania and China are carrying out investment projects worth EUR6 billion, adding that in the current geopolitical context, with Romania backin...

Ecaterina Craciun · 04.09.2014 · 14:51 · 1 min
Automotive

Dacia Unveils Lodgy Stepway And New Generation Dokker Stepway At Paris Motor Show

Romanian carmaker Automobile Dacia, part of France's Renault, will unveil its new Dacia Lodgy Stepway and a new generation of the Dokker Stepway at the Paris Motor Show, which takes place on...

Oana Gavrila · 04.09.2014 · 14:42 · 1 min