Automotive
CFR Calatori After Its First Year Under Private Management
State-owned CFR Calatori, the largest railroad passenger carrier in Romania, ended last year with an operating loss estimated at 390 million lei (EUR88 million), from about RON537 million in...
Carpatair Takes The Polish Of Lublin To Vatican
Insolvent airline Carpatair, which no longer operates regular flights from Romanian airports, signed a contract with Polish tour operators for flights on the Lublin (Poland)-Rome (Italy) rou...
Dacia Employees Get Higher Wages And Two Bonuses In May
The management and unionists of Romanian automaker Dacia on Monday agreed to increase wages by 180 lei (EUR40.5) and grant two bonuses starting May.
Michelin To Close Tire Plant In Hungary, Relocate Production To Poland, Romania, Germany
French group Michelin will close its truck tire production plant in Budapest next year, and the plant’s production will be mainly relocated to the Michelin facilities in Olsztyn (Poland), Za...
Leoni Set To Invest EUR7M In Romania Car Wiring Plant
Automotive industry wiring manufacturer Leoni Wiring Systems Arad, a subsidiary of German group Leoni, has planned investments of around EUR7 million for this year to expand the car wiring p...
Dacia Sales In Germany Down 7.4% In April, To 4,292 Units
Romanian carmaker Dacia’s new car registrations Germany fell 7.4% in April to 4,292 units, despite an increase of over 25% in the first three months of the year, while the German car market...
Dacia Car Registrations In France Surged 45.6% In April To 11,287 Units
Romanian carmaker Dacia’s new car registrations in France saw the highest growth in April, of 45.6%, to 11,287 units, among car brands witnessing large sales, which is eight times higher tha...
Romaero 2013 Loss Narrows 57% On Year
Romanian aircraft repairs and maintenance company Romaero Bucuresti (RORX.RO) on Friday said its loss narrowed 57% to 19.7 million lei (EUR4.44 million) in 2013, as revenues increased and co...
Strabag: Romania Increasingly Appealing For Multinationals
Austria’s group Strabag, which built two highway sections between Deva and Sibiu, predicts the Romanian constructions market will advance by 5.8% this year as both private and public investm...