Automotive
Eurolines To Invest EUR14M This Year In Buses And New Tour Agencies
Romanian tourism group Eurolines, owned by businessman Dragos Anastasiu, will invest RON14 million this year to renew its tour bus fleet and increase its car rental fleet, develop its tour a...
Largest Leasing Companies In 2013
The affiliation of a leasing company to a major bank does not guarantee a strong position on the market, especially when bad debt affects the leasing portfolio, as well.
Cement Producers Saw Sales Decline Again In 2013
Last year brought a new decline on the Romanian cement market, which ZF values at some 600-700 million euros, as the state’s infrastructure investment slid and private investors shied away f...
Bosch Invested EUR77M In Center In Cluj, To Be Officially Opened In May
Germany’s Bosch has invested EUR77 million in its research and production center in Cluj, Romania, which started operating at the end of last year and which will be officially open on May 9,...
Infrastructure Works Down Again In 2013 After Two Years of Slight Growth
Infrastructure works witnessed a new decline of almost 2% last year, as the government cut investments and EU funds for roads and railways were frozen in the first half. Furthermore, it is n...
Renault Gets EU Funds To Develop Euro 6 Engines In Romania
The Auto Muntenia competitive cluster, which includes Automobile Dacia, Renault Technologie Roumanie and the University of Pitesti, is to get a grant of EUR15 million from the European Union...
Maure: Dacia Must Stay Competitive, Keep A Tight Grip On Wage Costs
The production facility in Mioveni (southern Romania) of carmaker Automobile Dacia must keep its competitive edge with respect to other Renault plants, like the one in Morocco, through good...
New Ford Focus To Be Equipped With 1.5l EcoBoost Engine Made In Romania
The EcoBoost 1.5-liter engine made in Craiova, Romania, will equip the new Ford Focus, the U.S. carmaking giant announced Monday.
EU: Romania Should Grant Incentives To CFR For Cutting Charges
The European Commission Thursday asked Romania to observe EU legislation, providing financial equilibrium of the main Romanian infrastructure manager, by granting incentives in order to redu...