Automotive
Minister: Three Companies Bought Taskbook For CFR Marfa Privatization
Romanian Transport Minister Relu Fenechiu said Wednesday three companies have bought the taskbook for the privatization of state-owned freight railway carrier CFR Marfa.
Electroputere 1Q Loss Widens To RON13M
Romanian electric engine maker Electroputere Craiova (EPT.RO) Wednesday said its loss widened 60% to 12.9 million lei (EUR2.9 million) in the first quarter, hurt by lower sales.
Romania’s Car Production Close To Exceeding Italy’s
Romania could assemble almost 450,000 cars in 2013, while Italy’s production will go down towards 360,000 cars, according to the trends in the first quarter of 2013, when local production ro...
APIA: Car Sales Fall 11% To 18,137 Units In First 4 Months
Romanian new passenger car sales fell 11.4% to 18,137 units in the first four months of 2013, from 20,482 units in the year-earlier period, the Automotive Manufacturers and Importers Associa...
Tarom Loss Narrows To RON66M In January-April 2013
Romanian state-owned airliner Tarom reported loss of 66 million lei (EUR15.1 million) in the first four months of 2013, lower by RON30 million compared to the loss estimated in the airliner’...
Blue Air’s New Owner Seeks Brand Consolidation, Larger Fleet, Higher Sales In 2014-2015
The new owner of Romanian low-cost airline Blue Air wants to consolidate the company’s position on the market, bigger sales in 2014-2015, and a bigger fleet, company officials said Sunday.
Romanian Low-Cost Airline Blue Air Sold For EUR30M
Romanian low-cost airliner Blue Air has been sold to a Romanian-owned company in a EUR30 million deal, which includes taking over commitments of EUR28 million.
Porsche Leasing Romania To Provide 607 Vehicles To Posta Romana For EUR8.23M
Porsche Leasing Romania will provide 607 vehicles to Romania’s state-run postal service operator Posta Romana and the value of the contract won by Porsche Leasing amounts to EUR8.23 million...
Dacia New Car Registrations In EU Up 28% In April
Romanian automaker Dacia’s new car registrations in the European Union grew by 28.2% in April and by 18.3% in January through April this year, while the EU car market has seen growth for the...