Automotive
Ford Romania To Halt Production For 13 Days In October
Ford Motor Co. will suspend production for 13 days at its plant in Romania next month because of weak European market demand for its B-Max model, the company said Friday.
Timisoara Airport Seeks To Develop Modular Terminal For EUR112M
The international airport in Timisoara, western Romania, is looking to develop a modular terminal to improve connections between the airport and road transport means, hoping to raise passeng...
Romania Airports Need Infrastructure Investments Of EUR300M In Next 10 Years
Airports in Romania need at least EUR200-300 million for investments in new runways, terminals and infrastructure in the next ten years, David Ciceo, president of the Romanian Airports Assoc...
edy Spedition Wants To Go East
Trucking company edy International Spedition, which is now reorganizing its business, plants to expand to Russia, Turkey and Kazakhstan to boost profitability.
Mindrutescu Resigns As Chairman Of CFR’s Managing Board
Sorin Mindrutescu has resigned from the position of president of the managing board of Romanian state-owned railway operator CFR SA for personal reasons.
EBRD Lends EUR122.5M To Faurecia For Investments In Romania, 3 Other Countries
The European Bank for Reconstruction and Development will extend a EUR122.5 million financing line to French-based car parts producer Faurecia to fund investments in four countries, includin...
Romanian Insurance Market Rose 3.2% In 1H To RON4.3B
The Romanian general and life insurance market rose 3.2% in the first half of 2013 to 4.3 billion lei (EUR0.96 billion), while damages paid by insurers fell 1.2% to RON2.5 billion, according...
Romania New Car Registrations Rose At Fastest Pace In EU In August
New car registrations in Romania rose 25.5% in August to 6,300 units, the highest increase in the European Union, according to European carmakers association ACEA.
Blidar Expects 4-5 Times Higher Turnover This Year
Romanian industrialist Valer Blidar, owner of passenger railcar maker Astra Vagoane Calatori, says 2013 will be a much better year for his business than 2012, when “his company was barely br...