Automotive
Tarom Starts Voluntary Layoff Program, Wants To Cut Staff By 10% In 2013
Romania’s state-run airline Tarom on Thursday said it will set off a voluntary layoff program in March, which consists in cutting the company's staff by 10% by the end of 2013.
Romanian Dacia Employees Continue Protests
Part of the employees with Romanian carmaker Dacia, owned by French Renault, continue protests for the second day in a row over wage demands.
Transport Ministry Wants To Upgrade Constanta Port For EUR50M
Romania’s Transport Ministry wants to invest 215.8 million lei (EUR47.3 million) in upgrading the Constanta port by deepening its sailing line and basins, as well as increasing transport saf...
Some 5,000 Workers At Dacia Mioveni Stage Spontaneous Protest
Over 5,000 employees of carmaker Dacia’s plant in Mioveni, southern Romania, have ceased work Wednesday morning displeased that their wage demands have not been included in the new collectiv...
Dacia EU Registrations Up 12.1% In January-February, On Declining Market
Romanian carmaker Dacia, owned by France’s Renault, new registrations in the European Union in January-February increased 12.1%, to over 40,200 units, on a market that is still on a steep de...
CFR Marfa Eyes 2013’s Loss To RON211M, Double From RON95M Seen In 2012
Romanian state-owned freight company CFR Marfa forecasts losses of 211 million lei (EUR47.84 million) in 2013, 2.2-fold higher from RON95 million seen in 2012.
APIA: Car Sales Down 6% On Year In First Two Months
Romanian new passenger car sales fell 5.9% on the year to 7,547 units in the first two months, from 8,017 units in the year-earlier period, the Automotive Manufacturers and Importers Associa...
Tarom Expects Loss Of RON186M In 2013
Romanian state-owned airline Tarom expects losses of 186 million lei (EUR42.3 million) this year, according to the company’s draft revenue and expenses budget for 2013.
Metrorex Allots RON300M For Investments In 2013
Bucharest subway operator Metrorex allotted 299.7 million lei (EUR68.1 million) for investments this year, down from RON779 million in 2012, and estimates losses of RON24.8 million, accordin...