Automotive
Ford’s B-Max Loses Ground In Europe, Drops To Third Place
The sales of the B-Max model made in Craiova, southern Romania, fell 9% in the first quarter of the year to less than 16,900 units in Europe, on a small multipurpose vehicle (MPV) market tha...
Arval: Economic Growth Set To Boost Operational Leasing Market
1Q’s 3.8% economic growth encouraged companies to expand their car fleets, believes Dan Boiangiu, general manager of operational leasing company Arval Romania, which ranks fourth on the mark...
Michelin Romania's Profit Doubled In 2013
Michelin Romania, the company that coordinates both the three tire plants of Romania and the commercial activity of Central and Southern Europe, including the Romanian market, hit a 6-year h...
Automobile Dacia Pays Dividends Of RON320.8M, 95% Of Profit
Romanian carmaker Automobile Dacia will start paying dividends on June 15 and will pay RON320.8 million, 95% of the net profit of RON337.4 million it made in 2013.
CNADNR Expects To Pay Up To RON40M To Finish Works On 2nd Section Of Nadlac–Arad Highway
Romania’s national roads authority CNADNR estimates to pay up to 177.4 million (EUR40.3 million), VAT included, for the completion of construction works on the second section of the Nadlac –...
IAR Brasov Postpones Decision On Helicopter Production Jointly With Airbus
Shareholders of Romania’s helicopters maintenance and repairing company IAR Brasov (IARV.RO) postponed Monday a decision on getting involved, jointly with Airbus Helicopters, in the producti...
Asirom To Insure Posta Romana Fleet For RON429,000, Half The Estimated Price
Insurer Asirom will provide mandatory car insurance (RCA) for the 606-vehicle fleet of state-owned postal operator Posta Romana, for RON428,681, nearly 55% lower than the postal operator had...
Dacia Sees Highest Car Registration Increase In France In January-May
The increase in new registrations of Romanian Dacia cars in France slowed down in May to 10.8%, compared to 45.6% in April, but remained the strongest growth among car brands witnessing larg...
Pirelli Tyres Romania, Set To Invest EUR105M In Slatina Plant By 2017
Tire producer Pirelli Tyres Romania has planned investments of EUR105 million in its plant of Slatina in the 2013-2017 period, a sum to which the Romanian government contributed EUR35 millio...