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GFR: Most Asian Freight Carriers Avoid Romania Due To Its Poor Railway Infrastructure
Automotive

GFR: Most Asian Freight Carriers Avoid Romania Due To Its Poor Railway Infrastructure

The poor state of the Romanian railway infrastructure makes Asian freight railway carriers avoid Romania, Sorin Chinde, general manager of private railway company Grup Feroviar Roman (GFR),...

Ioana Tudor · 28.06.2013 · 13:58 · 1 min
Grup Feroviar Roman Aims To Make CFR Marfa Efficient
Automotive

Grup Feroviar Roman Aims To Make CFR Marfa Efficient

Romanian private railway company Grup Feroviar Roman (GFR), which will pay EUR202 million for a 51% stake in freight railway carrier CFR Marfa, said its main priority is to make the state-ru...

Ioana Tudor · 28.06.2013 · 13:58 · 1 min
Logan I Sales Driven By Local Market, Logan II By Exports
Companies

Logan I Sales Driven By Local Market, Logan II By Exports

The first generation of Logan put Dacia on the European map and drove the production of the plant in southern Romania up from 300 to more than 500 cars a day. Now Logan II is assembled in a...

Oana Gavrila · 28.06.2013 · 00:00 · 1 min
EU Money For Transport Is Released, But Money For Major Companies Remains Unavailable
Companies

EU Money For Transport Is Released, But Money For Major Companies Remains Unavailable

The Romanian Transport Ministry announced on Tuesday that the EUR4.5 billion European program for financing transport infrastructure has been unlocked, but it remains to be seen what will ha...

Oana Gavrila · 26.06.2013 · 00:00 · 1 min
Companies

Top 50 Largest Employers In Romania In 2012

The 50 largest employers in the economy had a total of over 350,000 employees last year, i.e. 8% of the total number of employees in the economy, shows data centralized by ZF based on inform...

Oana Gavrila · 26.06.2013 · 00:00 · 4 min
EU Unlocks Payments To Romania Under 2007-2013 Transport Operational Program
Automotive

EU Unlocks Payments To Romania Under 2007-2013 Transport Operational Program

The European Commission has unlocked payments for the 2007-2013 Transport Sector Operational Program (POS T), the Romanian Transport Ministry said in a statement Tuesday.

Oana Gavrila · 25.06.2013 · 15:43 · 1 min
Goodyear Dunlop Romania And Bulgaria Country Manager To Manage Ops In Four More Countries
Automotive

Goodyear Dunlop Romania And Bulgaria Country Manager To Manage Ops In Four More Countries

Ovidiu Balan, general manager of tire maker Goodyear Dunlop for Romania and Bulgaria, will be head of operations in Czech Republic, Slovakia, Hungary, and the Republic of Moldova as well sta...

Oana Gavrila · 25.06.2013 · 14:02 · 1 min
Banks-Insurance

Mures County Council Seeks EUR20M Loan For Public Projects

The Mures County Council seeks a 15-year loan for RON89 million lei (EUR19.8 million) to fund public investments.

Oana Gavrila · 24.06.2013 · 15:19 · 1 min
Tarom’s New CEO Says Company May Switch To Profit In 2014
Automotive

Tarom’s New CEO Says Company May Switch To Profit In 2014

Tarom’s chief executive officer Nicolae Demetriade said Monday there is no chance the state-owned airline, which registered loss of 64 million lei (EUR14 million) in January-May, will switch...

Ioana Tudor · 24.06.2013 · 14:18 · 1 min