Automotive
CNADNR Signs Contracts To Build Two Sections Of Lugoj-Deva Highway
Romania’s national roads authority CNADNR has signed the contracts to build the second and third sections of the Lugoj-Deva highway, which had been awarded in May.
Sebes-Turda Highway To Cost Nearly EUR1B, Double From Initial Estimates
The construction of the 70 km-long Sebes-Turda highway will cost nearly EUR1 billion, double from nearly EUR554 million estimated in summer.
Over Half Of Cars Registered Since Start Of The Year Are Older Than Ten Years
More than 107,000 cars older than ten years have been registered in Romania since the beginning of the year.
Nicolae Demetriade Resigns From Tarom
Nicolae Demetriade has resigned from the position of chief executive officer (CEO) of state-run airline Tarom, and of member in the company’s Executive Board.
Romania Sees Highest Car Production Growth Rate In Europe
A new record year for Dacia’s plant in Mioveni and Ford’s production in Romania, which will reach 60,000 cars at its plant in Craiova, have increased car production locally by 20% this year,...
Olive, Dacia: Local Suppliers Help Us Keep Tangiers In Rearview Mirror
Last week’s visit by French group Renault head Charlos Ghosn in Romania highlighted again the competitiveness of the plant in Mioveni compared with the plant in Tangiers, Morocco, where Rena...
Lack Of New Highway Construction Sites Dampens Economic Growth
No new highway construction site has been inaugurated since the beginning of the year, while auctions for new projects are postponed. Chances are slim for work on a new highway to start befo...
EC Approves 2014-2020 Transport Infrastructure Policy; Romania Present Through Two Corridors
The European Commission has approved the European Union’s infrastructure policy for 2014-2020 and two of the nine key transport corridors included in the strategy take in Romania, which may...
Volksbank Romania VP Named Chairman Of CFR’s Managing Board
Volksbank Romania’s vice-president Florian Kubinschi has been appointed chairman of the managing board of Romanian state-owned railway operator CFR SA.