Automotive
CFR: Poor Rail Infrastructure Results In Train Slowdowns
Passenger and freight trains in Romania currently travel at an average speed of 43 km/h and 21 km/h, respectively, which is lower by nearly 20km/h than the speeds they would reach in the pas...
CFR SA Revenues Up 3.5% In 1H, To RON1.16B
Revenues of Romanian state-owned railway company increased 3.5% in the first half of the year, to RON1.16 billion, as railway traffic declined around 5%, the company said Wednesday.
Grampet-GFR Participates In Privatization Of Greece’s Train OSE
Romanian group Grampet-GFR, controlled by businessman Gruia Stoica, said Wednesday it will participate in the privatization of Greece’s state-owned freight railway operator Train OSE.
Largest 100 Employers Lost 36,000 Employees Since 2008
The 100 largest employers in Romania, which together have 520,000 employees (12% of the total number in the economy), reported a decline of 36,000 employees between 2008 and 2012, according...
Dacia’s UK Market Share Slightly Up To 0.63% In January-July, With 8,297 Cars Registered
Romanian carmaker Dacia saw a slight increase in market share in the UK in January-July, to 0.63% from 0.6% in the first half of the year, with 8,297 cars registered, ranking ninth out of 38...
UCM Resita 1H Turnover Down 61.3% On Year To RON26.4M
Romanian insolvent engine manufacturer UCM Resita (UCM.RO) said Tuesday its turnover fell 61.3% on the year to 26.45 million lei (EUR5.9 million) in the first half of 2013, while its loss ro...
New Passenger Vehicle Registrations In Romania Rose 17.8% In 1H To Almost 131,000 Units
New passenger vehicle registrations in Romania rose 17.8% in the first half of 2013 and new commercial vehicle sales inched up 0.1% compared with the similar interval a year ago, the country...
Romania Sees Steepest Dacia Car Sale Decline In Europe
Romania was the European market where Dacia declined the most in the first half of 2013, with registrations of the Romanian-branded car down by 23% compared with the similar interval a year...
Best-Case Scenario For Construction Market In 2013: Stagnation As Few Projects Will Go On The Block
Romania builds less and less as the state drastically cuts funds for investments and private companies act cautiously and put off new projects. Some of the country’s largest construction fir...