Automotive
Turbomecanica 9-Month Turnover Down 27% On Year, At RON25.2M
Romanian turbojet parts maker Turbomecanica Bucuresti (TBM.RO) Thursday said it registered 27% lower turnover of 25.2 million lei (EUR5.7 million) and loss of RON2.9 million on the year in t...
Carpatica Asig 9-Month Underwritten Premiums Up 73% On Year, To RON358M
Romanian insurer Carpatica Asig Tuesday said it underwrote premiums of 357.95 million lei (EUR80.6 million) in the first nine months of 2013, up 73% from RON206.98 million in the same period...
Ford Halts Engine Production In Romania, Resumes B-Max Assembly On November 20
U.S. carmaker Ford will halt its engine production in Craiova, southern Romania, for eight days in November, while the assembly of the B-Max, currently on hold, will be resumed around Novemb...
RCI Leasing Files Single Bid For Posta Romana’s Car Fleet Renewal
RCI Leasing Romania was the only company interested in leasing 132 vehicles to Romanian state-run postal operator Posta Romana.
Asirom Wants To Grow Less Reliant On Car Insurance
Asirom, a top ten insurer, wants to balance its portfolio by growing less reliant on auto liability policies and emphasizing more profitable segments such as home or life insurance policies,...
Businessman Valer Blidar To Deliver 73 Railcars To Czech Republic
Businessman Valer Blidar, one of the few industrialists of Romania, who owns railcar maker Astra Vagoane Calatori in Arad, has recently won a contract worth about EUR73 million to supply rai...
Romania Gets EUR1.3B From EU To Upgrade Railway, Ports
Romania’s Transport Ministry has been allotted EUR1.3 billion in European funds to upgrade the railway linking Craiova to Calafat, a EUR400 million investment, and modernize 16 ports.
DPD Romania 9-Month Sales Rise 24% To RON34.8M
Parcel delivery service company DPD Romania, a unit of French La Poste, Wednesday reported a 24% increase in its sales to 34.8 million lei (EUR7.84 million) in the first nine months, fueled...
New Blue Air Owner Wants To Increase Fleet, Aims To Carry 1.5 Mln Passengers In 2014
Company Blue Air - Airline Management Solutions, which bought Romanian low-cost airline Blue Air in May, plans to buy two more aircrafts and increase its fleet to eight airplanes and estimat...