Automotive
Romaero 1Q Revenue Down 4% On Year At RON20M
Romanian aircraft repairs and maintenance company Romaero Bucuresti (RORX.RO) on Friday said its revenues fell 4% on the year to 20 million lei (EUR4.5 million) in the first quarter of 2014,...
Energy Privatizations Chief Appointed Tarom Board Chairman
Gabriel Dumitrascu, head of the privatization division with the Department for Energy, was elected Thursday chairman of the board of Romanian state-owned airline Tarom, replacing Dante Stein...
Super Sports Cars Sales Up In January-April
Sales of super sports cars were the only ones to go up on the over EUR200,000 price segment in January-April, while luxury car sales went down.
Proprietatea Fund: Transport Ministry Sacks Managing Board Of Bucharest Airport Company
Romania’s Transport Ministry dismissed Thursday the Managing Board of the Bucharest National Airport Company and named a new Board which will act on an interim capacity, investment fund Fond...
Highway Connecting Constanta To Nadlac To Be Completed By 2020
By 2020, more than 30 years after the fall of the communist regime, Romania should finally have a highway connecting Constanta in the southeast to Nadlac on the Hungarian border in the north...
Romania Mulls Introducing Highway Tax In 2015 Or 2016
Romanian authorities might introduce a highway tax on Bucharest-Pitesti (A1) and Bucharest -Constanta (A2) in 2015, at the beginning of the rehabilitation works, or in 2016, after their comp...
Insurers In Romania To Have Joint Database For CASCO Fraud Prevention
The national association of Romanian insurers UNSAR plans to create a joint database, by the end of 2014, which will enable insurance companies to cross-check vehicle damages covered by volu...
Eroilor-Drumul Taberei Subway Section To Be Completed In 2H 2016
The Eroilor-Drumul Taberei section of Bucharest's fifth subway mainline will be completed in the second half of 2016 and the entire mainline should be finished in 2020, Catalin Homor, invest...
Roads Authority Head: Contract To Build Comarnic-Brasov Highway To Be Signed In June
The contract to construct under concession the highway linking Comarnic to Brasov will be signed in June and works are due to start in July, Narcis Neaga, general manager of Romania’s roads...