Automotive
DB Schenker Rail Romania Revenue Up To EUR27M in 2013
Rail freight carrier DB Schenker Rail Romania, part of the German Deutsche Bahn group, ended last year with EUR27 million revenue, up 35% on 2012, according to company officials and ZF calcu...
Turbomecanica Eyes Return To Profit In 2014
Romanian turbojet parts maker Turbomecanica Bucuresti (TBM.RO) expects it will turn to net profit of 2.18 million lei (EUR0.49 million) in 2014, versus losses a year earlier, helped by an 8....
Two West-European Car Part Providers Mull EUR80M Investments In Romania
Two West-European car part providers plan to invest approximately EUR80 million on the Romanian market, Constantin Stroe, head of the association of automotive manufacturers in Romania ACARO...
ACC Producers Say Legislation Is Becoming Restrictive For Construction Sector
Producers of autoclaved cellular concrete (ACC) say 2013 did not bring a recovery in the construction sector and some of the measures authorities adopted, such as a higher fuel excise and a...
Renault 1Q Sales Slightly Down, Dacia Posts Highest Growth
Renault group revenues fell 0.1% in the first quarter, to EUR8.26 billion in the first quarter of 2014, as the euro’s gains on currency markets offset higher car deliveries, while Dacia regi...
Groupama Revenues Down 11% In 2013, To RON718M, On Reduced Car Insurance Exposure
Groupama Romania underwrote premiums of RON718 million in 2013, down 11% on the year, as it decided to reduce its exposure on the mandatory car insurance (RCA) segment, the company said Thur...
KLG Europe Logistics Romania Invests EUR5.6M In Central Hub Expansion
KLG Europe Logistics Romania is investing EUR5.6 million in the expansion of its central hub logistics platform in Bolintin-Deal, Giurgiu county, near Bucharest.
1,000 Trucks Daily On Romania's Roads To Supply Retail Stores
Romania’s 100 largest road transporters, which control over 90% of the market, have a total fleet of over 20,000 trucks. Of these, 1,000 trucks, namely 5% of the fleet, are daily on Romania'...
Roads Authority Signs Contracts To Build Two Sections Of Sebes–Turda Highway
Romania’s national roads authority CNADNR Thursday signed the contracts to build the third and fourth sections of the Sebes-Turda highway, which had been awarded in December 2013.