Automotive
CFR Calatori Eyes Return To Profit In 2014
Romanian state-run passenger rail carrier CFR Calatori expects it will turn to net profit of 70 million lei (EUR15.7 million) in 2014 after losses a year earlier, according to the company’s...
Romania's Road Authority Pledges To Complete 250 Km Of Highways/Year By 2020
The Ponta government promises a network of 2,440 km of highways by 2020, meaning 1,800 km overall or over 250 km per year would be added to the current network, considering that the roads au...
Car Sales See Best First Quarter After 2012
New car registrations saw the fastest growth pace on the last three years in March, as they rose 40% compared with the year-ago month, and went up by 20% to 13,345 units in the first quarter...
Bucharest Accounts For 70% Of Romania's Air Traffic
All the 16 international airports of Romania reported aggregated traffic of 10.7 million passengers in 2013, almost similar to previous year figures and just 6.6% more than in 2010, accordin...
Companies Get EUR684M State Aid Between 2008-2014
The value of state aid granted to 55 companies reached EUR684 million between 2008 and 2014, out of which EUR259.2 million were already paid, Livia Stan, general manager in the Romanian Fina...
Owner Of Romania’s Biggest Transporter Bets On Agriculture And Intermodal Transport
Ion Lazar currently owns the biggest transporter on the Romanian market, taking into account all the seven companies that make up Lazar group of firms.
How Romania Could Turn Danube Into Its Main Access Way Into Europe
With only 645 kilometers of highway and the railway that is lacking in various respects, Romania could turn the Danube into its main access way into Europe, considering 40% of the navigable...
Continental Invests EUR9.5M To Reduce Perception Of Smell At Timisoara Tire Plant
German auto group Continental will invest EUR9.5 million in a technical solution to diminish the perception of smell at its tire plant in the western city of Timisoara.
Romania Drew 32% Of EU Infrastructure Funds In 2007-2013
Romania absorbed around EUR1.4 billion (32% of the total) from the EUR4.3 billion the European Union made available for its transport infrastructure during the 2007-2013 period.