Automotive
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...
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...
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.
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...
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 (...
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,...
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).
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...
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,...