Automotive
A 30-Year Old Romanian Woman Coordinates Europe Marketing For McLaren
Raluca Novak is 30 and nine months ago took over, in London, the position of marketing manager for Europe at McLaren Automotive, the luxury automaker, in charge with 11 markets in Europe. Pr...
Arval 2013 Turnover Up 18% To EUR34M
Operating leasing company Arval Romania, part of French financial group BNP Paribas, reported an 18% higher turnover in 2013, at EUR34 million, and the company estimates a 20% turnover incre...
Ford Fine Cancelled By Government Debt To Carmaker
US carmaker Ford will have to receive EUR15 million from the Romanian government even though the company should have been fined EUR14.25 million for its breach of the privatization contract.
Carpatair, No More Regular Flights From Romanian Airports
Carpatair, the private airline which went insolvent this year, no longer operates regular flights from Romania’s airports as the company’s reorganization plan has not been endorsed by credit...
Robert Bosch Romania Has New Managing Director
Mihai Boldijar was named the new managing director of Robert Bosch SRL and the representative of German group Bosch in Romania and Bulgaria at the beginning of the year, replacing Brigitte E...
Construction Sector Generates A Mere 8% Of Romania’s GDP
The construction sector, a EUR8 billion to EUR9 billion business a year, which should have helped Romania’s economy grow during the crisis, contributed a mere 7.9% to the gross domestic prod...
Logistics Operators: Romania Can Gain Business From Russia And Ukraine
Romania can gain logistics business from Ukraine and Russia due to the turmoil in the region, because manufacturers want logistics hubs in stable areas as close to their markets as possible,...
Logistics Inefficiency Boosts Shelf Price By 15%
Logistics-related costs trigger a 15% higher shelf price, given that the local infrastructure is inefficient and Constanta harbor is unattractive for international players, Dragos Geletu, KL...
Roads Authority Aims To Build 93 Km Of Highway In 2014 And 195 Km In 2015
Romania’s road authority CNADNR said it wants to build 93.1 kilometers of highway in 2014, based on a budget of 2.65 billion lei (EUR0.58 billion), lower by RON1.1 billion than in 2013.