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Daimler Starts Construction Of New Transmission Plant In Sebes
Automotive

Daimler Starts Construction Of New Transmission Plant In Sebes

Star Transmission, the Romanian subsidiary of German group Daimler, started Friday the construction works for a new transmission plant in Sebes (central Romania), that will be completed in 2...

Gabriela Stan · 04.04.2014 · 18:04 · 1 min
Dacia Sales In UK Rose More Than Threefold In 1Q, To 6,800 Units
Automotive

Dacia Sales In UK Rose More Than Threefold In 1Q, To 6,800 Units

Sales of Romanian carmaker Dacia in the UK rose nearly 3.5-fold on the year, to over 6,800 units in the first quarter of 2014, while the British auto market climbed 13.7%, according to the B...

Ecaterina Craciun · 04.04.2014 · 14:29 · 1 min
UniCredit Tiriac Bank To Pay RON67M For 99.9% In UniCredit Leasing Romania
Companies

UniCredit Tiriac Bank To Pay RON67M For 99.9% In UniCredit Leasing Romania

Romania’s UniCredit Tiriac Bank plans to acquire 99.99% in sister company UniCredit Leasing Romania for 66.87 million lei (about EUR15 million).

Florentina Dragu · 04.04.2014 · 13:56 · 1 min
CFR Marfa Starts Layoff Process
Social/Politics

CFR Marfa Starts Layoff Process

Romanian freight railway carrier CFR Marfa started at the end of March the layoff process for a number of 2,500 employees, in accordance with the IMF agreement, Transport Ministry said in a...

Gabriela Stan · 04.04.2014 · 11:33 · 1 min
Ford Romania Halts B-Max Production For 23 Working Days Between April And June
Automotive

Ford Romania Halts B-Max Production For 23 Working Days Between April And June

U.S. carmaker Ford has decided to temporarily halt production of B-Max car model at its Romanian carmaking plant in Craiova for six working days in April, eight in May and nine in June, due...

Ecaterina Craciun · 03.04.2014 · 12:34 · 1 min
Flights’ Map For 2014 Summer Season
Automotive

Flights’ Map For 2014 Summer Season

This year’s summer season is set to bring more flights to foreign, but also Romanian destinations, with state-owned Tarom, as well as low-cost carriers Wizz Air and Blue Air betting on new r...

Catalina Apostoiu · 03.04.2014 · 00:00 · 2 min
Dacia Sales In Germany Grew Three Times Faster Than Auto Market In 1Q
Automotive

Dacia Sales In Germany Grew Three Times Faster Than Auto Market In 1Q

Dacia's new registrations in Germany increased 14.5% in the first quarter of the year, nearly three times faster than the German car market, to 11,423 units, but Dacia's growth has been slow...

Oana Gavrila · 02.04.2014 · 18:22 · 1 min
Romanian Fuel Prices, Higher Than In Austria
Energy

Romanian Fuel Prices, Higher Than In Austria

Romania entered the ranking of Europe’s 10 countries with the highest diesel oil prices per liter, ahead of countries such as Germany or Belgium, following the increase of the excise tax on...

Catalina Apostoiu · 02.04.2014 · 14:31 · 1 min
Gebrüder Weiss Romania 2013 Turnover Up 15% To EUR40.1M
Automotive

Gebrüder Weiss Romania 2013 Turnover Up 15% To EUR40.1M

Austrian logistics and transport company Gebrüder Weiss reported a turnover of EUR40.1 million in Romania in 2013, up 15% on the year, the company said.

Gabriela Stan · 02.04.2014 · 12:45 · 1 min