Automotive
Survey: 22% Of Romanians Buy Car Insurance Online
A Consumer Barometer survey by Google, TNS Infratest and IAB Europe shows that 22% of Romanians buy car insurance online, which is close to the European average of 26%.
GFR In Talks With Key Financial Institutions To Get Money For CFR Marfa Takeover
Romanian private railway company Grup Feroviar Roman (GFR) is holding talks with major international financial institutions to obtain financing to take over state-owned freight railway carri...
Romanian Grampet Wins Auction To Privatize Croatia’s HZ Cargo
Romanian group Grampet, owned by businessman Gruia Stoica, has won an auction to privatize Croatia’s state-owned freight railway company HZ Cargo.
Aerostar Bacau Profit Up 6.1% In 1H To Over RON7M
Romanian aircraft construction and repair firm Aerostar Bacau (ARS.RO) registered profit of 7.1 million lei (EUR1.6 million) in the first half of 2013, 6.1% higher from RON6.7 million in the...
Cargill And TTS To Invest EUR15M In Expanding Grain Terminal In Constanta Port
U.S. agri-food company Cargill and freight transport company Transport Trade Services (TTS) will invest EUR15 million in extending grain terminal Canopus Star in the Port of Constanta.
Romanian Roads Authority Wants To Build Sebes-Turda Highway For RON2.5B
Romania’s national roads authority CNADNR wants to award a contract to build a 70-kilometer highway, which will link Sebes to Turda.
Number Of Second Hand Cars For Sale For Over EUR20,000 Up 20% In 1H
The number of second hand cars up for sale at EUR20,000-100,000 on online platform online Autovit.ro increased 21% in the first half of 2013, while the number of cars for sale at EUR3,000-10...
Astra To Insure Tarom’s Fleet For Seventh Consecutive Year
Romanian insurance company Astra said Thursday it won an auction to insure the fleet of state-owned airline Tarom, for the seventh consecutive year, and the contract is valid between Septemb...
LeasePlan 1H Sales In Romania Rose 9.4% To About EUR21M
Car leasing company LeasePlan Romania registered turnover of EUR20.9 million in the first half of 2013, up 9.4% on the year, and its profit rose 9.1% to EUR71.9 million.