Automotive
Manta, Chevrolet: Romanian Car Market To Return To The 1993 Level This Year
The Romanian car market is this year heading towards the volumes of the early 90s, when sales were dominated only by Dacia and imports were low, the purchasing power was affected by a very h...
Bucharest’s Subway Operator Metrorex Has New Managing Board
Romania’s Transport Ministry said Thursday it appointed a new Managing Board at Bucharest’s subway operator Metrorex.
Electroputere VFU 1Q Turnover Rose To RON32M
Romanian rolling stock repair company Electroputere VFU Pascani (RMAR.RO), former Remarul Pascani, registered turnover of 31.8 million lei (EUR7.2 million) in the first quarter of 2013, 3.6...
Altur Borrows RON12M From Raiffeisen Bank To Refinance Debt
Romanian car parts maker Altur Slatina (ALT.RO) Wednesday approved taking out a loan of up to 12 million lei (EUR2.7 million) from Raiffeisen Bank to refinance an accounts receivable credit...
Dacia Exported Over 2 Mln Cars Though Its Logistics Center In Mioveni
Romanian carmaker Dacia, owned by French group Renault, exports over 90% of its car production and has shipped to other countries over 2 million cars since 2005 through its logistics center...
Profits Of Ten Largest Romanian Builders Halved In 2012
The ten largest construction companies held by Romanian entrepreneurs posted EUR61.7 million net profit together in 2012, almost half of the 2011 figure, ZF has calculated based on Trade Reg...
Tarom Might Downsize Staff, Cut Wages
The management of Romanian state-owned airline Tarom is considering downsizing the company’s staff, lowering wages and eliminating flights to conflict zones, including Egypt, Tarom CEO Nicol...
VCST Opens Car Part Plant In Romania
Belgian company VCST inaugurated Monday a car part plant in Alba Iulia, central Romania, following an investment estimated at about EUR30 million.
Metrorex Awards EUR15.5M Contract For Additional Works At Fifth Subway Mainline
Bucharest subway operator Metrorex has awarded a contract of 69 million lei (EUR15.5 million), net of VAT, to consortium Astaldi - FCC - Delta ACM - AB Construct for additional works on a se...