Automotive
Tarom Expects To Turn To Profit Only In 2015
The Managing Board of Romanian state-owned company Tarom approved Monday the airline’s management plan, which states the company will return to profit only in 2015.
Transport Ministry Selects Deloitte-Led Consortium To Advise On CFR Marfa Sale
Romania’s Transport Ministry on Friday awarded a 2.5 million lei (EUR570,000), VAT included contract to a consortium led by U.S. consultancy firm Deloitte to advise on the sale of state-owne...
Dacia CEO: We Have To Keep An Eye On Our Competitiveness
Dacia’s Romanian plant in Mioveni will also compete starting this year against Renault’s plant in Chennai, India, where Renault is manufacturing Dacia Duster for the UK.
CNADNR Seeks Constructor To Design, Build Craiova-Pitesti Highway
Romanian roads authority CNADNR wants to select a company to design and construct through a concession agreement a 121-kilometer highway linking Craiova and Pitesti.
Mercedes Moves To Insolvent Swan Pipera Complex
Mercedes-Benz Romania, the local subsidiary of Daimler, which imported and sold 3,300 cars on this market last year, has recently signed the lease for 3,000 square meters of office space in...
Altur Slatina 2012 Profit More Than Doubles To RON5.4M
Romanian car parts maker Altur Slatina (ALT.RO) Friday said its net profit more than doubled to 5.39 million lei (EUR1.2 million) in 2012, from RON2.57 million a year earlier.
British Airways: Romanians' Flight Bookings Boosted Company's Revenue Locally
Emil Delibashev, head of British Airways for the Balkans and Hungary, said Romanians’ ticket reservations for non-stop flights to London and for transatlantic flights to the US and Canada bo...
Vae Apcarom Proposes 24% Lower Dividend For 2012
Romanian rolling stock maker voestalpine Vae Apcarom (APC.RO), owned by Austria's voestalpine, Wednesday proposed paying out its shareholders a gross dividend of 0.068 lei (EUR0.0156) a shar...
Romania Loses Production Of New Ford Model To India
Ford’s EcoSport small SUV Ford, which was expected to be the second model to be manufactured by Ford in its Romanian plant in Craiova, will be made for the European market in India, at the C...