Automotive
Navrom Galati's 2013 Revenues Up 6.5% On Year At RON272M
Romanian river navigation company Navrom Galati (COVG.RO) registered revenues of 272.1 million lei (EUR60.9 million) in 2013, up 6.5% on the year, and net profit of RON4.6 million, from RON5...
CFR Marfa Names New General Manager
Romanian freight railway carrier CFR Marfa named a new general manager, Dan Valentin Belcea, who is former manager of advertising company Graffiti/BBDO, Prima TV station and International Ra...
Contracts With McDonald’s And Petrom Drove Havi Logistics To Over RON500M In Revenue
Havi Logistics, a major player on the Romanian logistics market after signing a contract with OMV Petrom Marketing in 2012, last year went beyond the 500 million lei mark (EUR113 million) in...
Dacia Can No Longer Hike Local Production Capacity
Renault will no longer extend its car production capacity in Romania, so that the demand surplus will be covered by the factory in Morocco, according to Constantin Stroe, vice-president of D...
CNADNR Seeks To Award EUR3.8B Worth Of Highway Contracts This Year
Romania’s national company in charge of highways and national roads CNADNR plans to award contracts for the construction of 375 kilometers of highways worth EUR3.8 billion this year, ZF has...
Under Insolvency, Frigoexpress Focuses On Foreign Markets
Oradea-based freight transporter Frigoexpress, which went insolvent in August 2013, cut its headcount and gave up 50 trucks as part of the restructuring process.
Continental And Daimler Team Up for Vocational Training System
Germany’s Continental and Daimler have teamed up on the Romanian market via their automotive divisions to create vocational school programs because the governments of the last few years have...
Romcab Hits EUR120M In Revenue On Cable Market
Romanian cable maker Romcab Targu-Mures (MCAB.RO), controlled by businessman Zoltan Prosszer, which several years ago struggled to exit reorganization, boosted revenue by 85% in 2013 alone a...
Romcab To Supply Products Worth EUR60 To Germany's Klaus Faber
Romanian cable maker Romcab Targu-Mures (MCAB.RO) Wednesday said it will supply products worth around EUR60 million to German company Klaus Faber, between 2014 and 2015.