Automotive
Tarom 1Q Loss Narrows By 24% To RON49M
Romanian state-owned airliner Tarom reported a loss of 49 million lei (EUR1.1 million) in the first quarter of the year, 24% narrower than in the first quarter of 2012 and lower than the RON...
Ford Romania Starts Production Of New 1.5L EcoBoost Engine At Craiova Plant
U.S. carmaker Ford on Monday started the production of its new 1.5-liter EcoBoost engine at its plant in Craiova, southern Romania.
Transport Minister Says He Has Not Traveled By Train In Many Years
Transport Minister Relu Fenechiu nonchalantly said in an interview Sunday he has not traveled by train in three or four years, not even after he became Minister four months ago. But how can...
Daimler To Build Romanian Engine Part Plant In Arad
German group Daimler plans to build an engine part plant in Arad, western Romania, according to Manfred Engelmann, president of the German-Romanian economic association.
Grampet Might Build Rolling Stock Plant In Cuba
Romanian group Grampet, owned by businessman Gruia Stoica, might build a rolling stock plant in Cuba in partnership with Cuban authorities.
Transport Minister: Former Executive Board Of CFR SA Planned To Lay Off 6,000 People
The management plan proposed by the former executive board of Romanian state-owned railway operator CFR SA did not have enough definite objectives and stated the layoff of 6,000 people, Tran...
Romania Extends Bid Filing Deadline For CFR Marfa Privatization Until May 8
Romania’s Transport Ministry said Saturday it has extended the paper filing deadline for the prequalification phase of an auction to sell a majority stake in state-owned freight railway carr...
CFR Marfa’s Board Chairman Named GM At Bucharest Airport Company
Liviu Radu, Managing Board chairman at Romanian state-owned freight railway carrier CFR Marfa, Friday has been appointed general manager at the Bucharest National Airport Company (CNAB), the...
Grup Feroviar Roman Buys Taskbook For CFR Marfa Privatization, Might File Bid
Romanian freight railroad transporter Grup Feroviar Roman (GFR) bought the taskbook for the privatization of state-owned freight railway carrier CFR Marfa, businessman Gruia Stoica, owner of...