Automotive
CFR To Organize Auctions In January To Upgrade Rail Infrastructure For RON332M
Romanian state-owned railway operator CFR SA will organize several auctions in January to award eight rail infrastructure upgrade contracts, and the value of all contracts is estimated at 33...
Car Production In First 10 Months Higher Than 2012 Figure, Despite Slowdown Since August
Car production in Romania has been going down for three months now, and only Dacia somewhat rebounded in October, while Ford’s decline is getting worse. Does the target of 400,000 cars manuf...
China Looking To Spend Up To $10B On Infrastructure, Energy Projects In CEE
China is ready to explore with European Union countries various ways to use a special $10 billion financing line to support infrastructure and energy projects in central and eastern Europe,...
Dacia Could Resume Exports To Iran
The lifting of sanctions on Iran will lead to restarting exports of CKD kits (fully disassembled cars to be assembled in the destination country) from the Dacia plant in Romania to the Renau...
EIB, EBRD, WB Interested In Financing Romania’s Comarnic-Brasov Highway – Minister
The European Investment Bank, the European Bank for Reconstruction and Development, and the World Bank have expressed interest in financing Comarnic - Brasov highway, infrastructure minister...
Black Friday In Romania: eMAG Sells Four Cars At Start
Romanian online retailer eMAG sold two Ford Focus, a Ford Kuga and a Dacia Logan in the first minutes of its early Black Friday discount sales campaign.
Bosch Starts Activity In Research And Development Center In Cluj
Germany’s Bosch opened this week its new research and development center in Jucu, Cluj county, where it plans to hire 325 people by the end of the year, the company said in a press release T...
BearingPoint: Romania’s Car Industry Potential Higher Than In Other CEE Countries
Romania’s auto industry has higher potential compared to other states in Central and Eastern Europe (CEE) and its future growth will generate both risks and opportunities for the economies o...
Consultant: Romania’s Economic Growth Is Key To Reduce Used Car Imports
The solution to renew Romania’s car park and lower use car imports is to boost the income of potential buyers, instead of taking further regulatory measures, Stefan Penthin, partner at consu...