Automotive
Ten Years Of Dacia Logan
Out of the 2.45 million cars assembled by Dacia and Renault last year, more than one million were built on the Logan platform that first went into production in Dacia's plant in Mioveni, sou...
Italy’s Maschio Gaspardo Gets EUR4.7M From Romanian State To Expand Plant
Italian-held Maschio Gaspardo, the largest producer of farm machinery in Romania, is to get state aid worth EUR4.7 million, representing 49% of the value of investments at its plant of Chisi...
Metrorex’s 2014 Budget Envisages Loss Of Over EUR15M
The Romanian Government on Wednesday approved the 2014 budget of Bucharest subway operator Metrorex, which envisages loss of over 66.5 million lei (EUR15.1 million) this year.
Metrorex Sets Up Auction To Award RON1.06B Construction Works
Bucharest subway operator Metrorex will set off auction procedures to award a contract for construction works on subway section Raul Doamnei-Eroilor, part of the fifth mainline linking Drumu...
APIA: Car Sales Up 30% To 30,167 Units In First Five Months
Romanian new passenger car sales rose 29.8% to 30,167 units in the first five months of 2014, from 23,245 units in the year-earlier period, the Automotive Manufacturers and Importers Associa...
ACEA: Romania Posts Highest Growth In EU Car Sales In May
New passenger car registrations in Romania rose 46.1% in May to 6.001 cars, the sharpest growth on EU market, while Dacia is among top car brands in Europe by sales increase.
CFR Resumes Auctions To Award EUR2.3B Contracts For Railway Section Upgrade
Romania’s state-owned railway company CFR has resumed auction procedures to award four contracts estimated at EUR2.3 billion, VAT included, for the rehabilitation of nearly 140 kilometers of...
CFR Marfa To Start Layoff Of Over 2,000 Employees Next Week
Romanian Transport Minister Dan Sova said Thursday that freight railway carrier CFR Marfa will set off the layoff process of over 2,000 employees next week, due to the company’s unfavorable...
UniCredit Leasing Gets EUR50M From EIB To Finance SMEs
UniCredit Leasing Corporation will get a EUR50 million credit line from the European Investment Bank (EIB), which it will use to finance small and medium-sized businesses.