Automotive
CFR Threatens Measures Against Debtors
Romanian state-owned railway administrator CFR SA will start taking measures against rail transport operators failing to pay off their debts towards CFR by April 9, company general manager D...
ANAF, CFR Marfa To Take Over CFR Debts
Romania’s tax authority ANAF will take over an overdue debt of 119 million lei (EUR27 million) state-run railway operator CFR has to privatization authority AVAS, and then rail carrier CFR M...
CFR Cut State Budget Debts By 13% In 1Q/2013
Romanian state-owned railway administrator CFR SA on Monday said it reduced its debts by 13% in the first quarter of the year, to 540 million lei (EUR122.4 million) from RON620 million, afte...
Porsche Leasing Romania Files Single Bid For Posta Romana’s Car Fleet
Porsche Leasing Romania submitted, at the end of March, the only offer within the auction set up by state-run postal company Posta Romana to award a contract estimated at EUR8.23 million, VA...
Kia: Car Market Will Shrink By 10% To 20% This Year
The auto market might shrink again by up to 20% this year if the authorities return to the old version of the clunkers program, which uses nominal vouchers, says Dan Chitaru, chairman of Kia...
Budget For Romania’s Roads And Highways 5% Lower Than 2012 Spending
The company in charge of Romania’s highways and national roads, CNADNR, will get 5.8 billion lei (EUR1.3 billion) budget this year, down 27% on the allocation in early 2012 and 5% less than...
Dacia’s Market Share In Great Britain At 0.33% In 1Q
Romanian carmaker Dacia secured a 0.33% market share after its first quarter in Great Britain, due to 1,978 new car registrations on the British market in the mentioned period, according to...
Carmaker Dacia Notches Up Record Export Shipment
Carmaker Dacia on Friday exported its biggest single shipment of vehicles, namely, 6,000 cars made at its plant in Mioveni, southern Romania.
Three-Firm Consortium Wins Auction To Build New Runway At Iasi Airport
A consortium made up of firms Max Boegl, Vega 93 Galati and UTI Grup Friday won an auction to design and build a new runway at the Iasi Airport, and the contract is worth over 1.3 million le...