Automotive
APIA: Car Sales Down 13.2% On Year To 36,069 Units In January-July
Romanian new passenger car sales fell 13.2% on the year to 36,069 units in January-July, the Automotive Manufacturers and Importers Association, or APIA, said Friday.
Romaero Reduced Loss To RON6.7M In 1H; Turnover Down 14.7%
Romanian aircraft repairs and maintenance company Romaero Bucuresti (RORX.RO) reduced loss to 6.7 million lei in the first half of 2013, from RON23.3 million in the similar interval a year a...
Dacia and Ford Could Make Over 420,000 Cars In Romania In 2013
Carmakers Dacia and Ford could produce over 420,000 cars in Romania this year, 30% more than in 2012, if they keep up their current production pace.
Minister: Contract To Build Comarnic-Brasov Highway Should Be Signed End-October
Romania’s Minister-delegate for infrastructure Dan Sova said Wednesday the contract to construct the highway linking Comarnic to Brasov should normally be signed on October 30.
Used Car Imports Skyrocket In July
Romania’s used car imports reached the highest level in three years in July 2013, when 26,800 units were imported, up 72% on the year, according to the data provided by the Driving License a...
Decline In New Car Registrations In Romania Slowed Down In July
New car registrations in Romania dropped 5% to 5,700 units on the year in July, according to data provided by the Interior Ministry’s Driving License and Vehicle Registration Department (DRP...
Romanian Consumer Lending Companies Granted EUR195M Financing In 1H, Down 13%
Non-banking financial institutions members of the ALB Romania association, which make up for 84% of the local consumer lending market, granted financing of EUR195 million in the first half o...
Norway's Vard To Build Two Vessels In Romania For Brazil’s Petrobras
Norwegian shareholders of the shipyard in Tulcea, southeastern Romania, secured a contract worth $1.1 billion whose ultimate beneficiary is Brazilian state-run oil giant Petrobras, a group w...
Artego 1H Net Profit Rises 65% On Year To RON5M
Romanian rubber bands maker Artego Targu Jiu (ARTE.RO) Wednesday said its turnover fell 8.2% on the year to 84.28 million lei (EUR19.2 million) in the first half of 2013, but its net profit...