Automotive
Bucharest North Railway Station May Be Modernized In Partnership With Belgian Firm
The Bucharest North railway station might be modernized and turned into a transit point in a project worth over 1.5 billion lei (EUR0.33 billion), which should be carried out in partnership...
Tarom Has New Executive Board President
Dante Stein Thursday was appointed president of Romanian state-run airline Tarom’s Managing Board, the company said Friday.
Altur Slatina Swings To 9-Month Loss Of RON2.25M
Romanian car parts maker Altur Slatina (ALT.RO) Thursday said it switched to loss of 2.52 million lei (EUR0.5 million) in the first nine months of 2013, from profit of RON1.89 million in the...
TMK-Artrom Posts 9-Month Sales Of RON653M
Romania’s TMK-Artrom Slatina (ART.RO), controlled by Russian steel pipe maker TMK, on Thursday posted a net profit of 5.71 million lei (EUR1.3 million) in the January- September period, on t...
Romaero Cut Loss To RON11.7M In January-September
Romanian aircraft repairs and maintenance company Romaero Bucuresti (RORX.RO) reduced loss 2.6 times to 11.7 million lei (EUR2.6 million) in the first nine months of 2013, from RON31 million...
CFR Marfa 9-Month Loss Down Over 20% To RON135M
Romanian state-run freight railway operator CFR Marfa reduced loss by 20.8% in the first nine months of 2013 to 135.3 million lei (EUR30.3 million).
EXCLUSIVE: Romania To Restructure CFR Marfa “Aggressively”
Romania’s government and the International Monetary Fund have decided state-run freight railway operator CFR Marfa will be reorganized “aggressively” by cutting staff costs, scrapping old ra...
EXCLUSIVE: Romania To Lease Or Close Some 1,600 Km Of Railway Lines In 2013, 2014
Romania’s government will decide by the end of the year whether it will lease or close 1,600 kilometers of railway lines in 2013 and 2014, aiming to save some 70 million lei (EUR15.7 million...
Socep Constanta 9-Month Sales Hit By Slower Port Traffic
Romanian maritime port operator Socep Constanta (SOCP.RO) Thursday said its nine-month sales fell 7% on the year to 38.44 million lei (EUR8.63 million), hurt by slower traffic.