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Banks-Insurance

Financial Watchdog Tightens Rules For Insurers Selling Mandatory Car Policies

Insurers that issue mandatory civil liability car insurance (RCA policies) will have to meet a certain level of solvency for their general insurance activity and will be forced to list broke...

Oana Gavrila · 30.07.2014 · 15:20 · 1 min
Less Than 4 Cars/1,000 Employees Registered In 38 Of Romania’s 42 Counties
Automotive

Less Than 4 Cars/1,000 Employees Registered In 38 Of Romania’s 42 Counties

In eight of Romania’s 42 counties, less than 100 new cars were registered in the first six months of 2014, according to data provided by the Driver License and Vehicle Registration Departmen...

Catalina Apostoiu · 30.07.2014 · 00:00 · 1 min
Blue Air Reintroduces Bucharest-Torino Flight In September
Automotive

Blue Air Reintroduces Bucharest-Torino Flight In September

Romanian low-cost airliner Blue Air will reintroduce Bucharest-Torino flight on September 30, which will be operated twice a week, on Tuesdays and Saturdays.

Gabriela Stan · 28.07.2014 · 12:04 · 1 min
Sales Of Expensive Cars Lag Behind Auto Market
Automotive

Sales Of Expensive Cars Lag Behind Auto Market

Registrations of new premium and luxury cars increased by just 6% in the first half of the year, according to the Driver License and Vehicle Registration Department (DRPCIV), to a little mor...

Loredana Frățilă-Cristescu · 28.07.2014 · 10:36 · 1 min
Ryanair Expects 190,000 Passengers In First Year With Flights From Otopeni
Automotive

Ryanair Expects 190,000 Passengers In First Year With Flights From Otopeni

After having unexpectedly renounced flights from the airports of Constanta (to Pisa and Milan) and Targu Mures (to Brussels), giant low-cost carrier Ryanair is focusing on the Henri Coanda (...

Catalina Apostoiu · 28.07.2014 · 00:00 · 1 min
CFR Revamped 6 Train Stations With EU Funds In 1H
Companies

CFR Revamped 6 Train Stations With EU Funds In 1H

Romanian railway administrator CFR SA finalized the upgrade works at train stations Slatina, Resita Sud, Zalau, Bistrita Nord, Giurgiu Oras and Botosani in the first six months of the year,...

Gabriela Stan · 25.07.2014 · 17:25 · 1 min
Dacia And Ford Slow Down In H1
Automotive

Dacia And Ford Slow Down In H1

Dacia and Ford assembled 210,519 cars in the first half, 6% fewer than in the year-ago period, according to the Automotive Manufacturers and Importers Association (APIA).

Loredana Frățilă-Cristescu · 25.07.2014 · 00:00 · 1 min
GE To Export 60% More From Romania This Year After Lufkin Takeover
Energy

GE To Export 60% More From Romania This Year After Lufkin Takeover

US giant General Electric will operate exports worth $110 million from Romania this year, almost 60% higher than last year’s, with the main growth driver being the takeover of Lufkin group’s...

Catalina Apostoiu · 25.07.2014 · 00:00 · 2 min
Romanian Blue Air Interested In Cyprus Airways Privatization
Companies

Romanian Blue Air Interested In Cyprus Airways Privatization

Romanian low-cost airliner Blue Air and investment fund Renaissance Capital, owned by Russian businessman Mikhail Prokhorov' Onexim group, plan to bid in the privatization of Cyprus Airways,...

Oana Gavrila · 24.07.2014 · 11:17 · 1 min