Automotive
Minister Says Romania Will Inaugurate 142 Km Of Highway In 2013
Romania will inaugurate 142 kilometers of highway this year and will finish the construction of the highways linking Comarnic to Brasov and Craiova to Pitesti by 2016, Minister-delegate for...
Romania May Again Grant De Minimis Aid To Support SMEs
Romania wants to grant de minimis state aid of up to EUR200,000/firm over a three-year period to small and medium-sized enterprises which make investments and create new jobs.
Craiova-Pitesti Highway Investment To Be Recouped From Road Tolls In Up To 60 Years, Twice The Concession Period
The investment in the Craiova-Pitesti highway or expressway, which is set to be built under concession for EUR1,7 billion or around EUR40 million per km, will be recouped only from road toll...
Renault’s Revenues In Romania Rose To Almost EUR4B In 2012
Renault’s revenues in Romania rose slightly to EUR3.92 billion last year, according to corporate data, EUR2.85 billion of which contributed by carmaker Automobile Dacia.
Former Tarom GM Named Member In Airline’s Executive Board
Nicolae Demetriade, former general manager of Romanian state-owned airline Tarom, on Wednesday was appointed member in the company’s Executive Board, Tarom said Thursday.
Five Consortia File Bids To Build Craiova-Pitesti Highway
One Romanian consortium and four foreign associations filed bids to construct a 121-kilometer highway linking Craiova to Pitesti, southern Romania.
Fenechiu: All Papers For Prequalification Phase Of CFR Marfa Privatization Eligible
Romanian Transport Minister Relu Fenechiu said Thursday all papers filed for the prequalification phase of an auction to sell a majority stake in state-owned freight railway company CFR Marf...
Vae Apcarom 1Q Revenues Almost Double On Year, At RON25.7M
Romanian rolling stock maker voestalpine Vae Apcarom Buzau (APC.RO), owned by Austria's voestalpine, Thursday reported first-quarter revenues of 25.7 million lei (EUR5.8 million), almost dou...
Three Bidders File Papers For Prequalification Phase Of CFR Marfa Privatization
U.S. company OmniTRAX, Romanian private freight railway carrier Grup Feroviar Roman (GFR) and a consortium of two companies filed papers for the prequalification phase of an auction to sell...