Automotive
Turbomecanica’s Revenue Up 22.5% In 2012, To RON60.4M
Romanian turbojet parts maker Turbomecanica Bucuresti (TBM.RO) Friday said its revenues rose 22.5% last year to 60.4 million lei (EUR13.7 million), from RON49.3 million in 2011.
Valmar, APIA: Dealers Are Selling New Cars At A Loss
As a result of the economic crisis and the dealer discounts, cars in Romania have been among the cheapest in Europe in the last few years, said Brent Valmar vice-president of the Association...
Electroputere 2012 Loss Halves To RON24.2M
Romanian electric engine maker Electroputere Craiova (EPT.RO) Thursday said its loss halved to 24.23 million lei (EUR5.4 million) in 2012, with costs dropping at a faster pace than revenues.
ATP Exodus Sales Steady In 2012, At EUR71.3M
Romanian car dealer and car part supplier ATP Exodus Thursday said its sales amounted to EUR71.3 million last year, similar to the result registered in 2011.
Tarom Carried 2.2 Mln Passengers In 2012, Similar To 2011
Romanian state-owned airline Tarom reported 2.19 million passengers in 2012, similar to the previous year, and its transport capacity on regular flights decreased by 5%, the company said in...
Only 3% Of Romanian National Car Fleet Is Less Than 2 Years Old
The percentage of cars less than two years old has declined significantly in the past six years, from 23% in 2007, the boom year of the local car market, to 3% in 2012, according to data fro...
Ponta: Romania’s New Car Tax System To Be Approved Through Emergency Ordinance Tuesday
Romania’s Government will approve a new car tax system though an emergency ordinance Tuesday, Prime Minister Victor Ponta said Wednesday.
Government Approves CFR Marfa Privatization Strategy - Sources
Romania’s Government approved Wednesday the draft strategy for the privatization of state-owned freight railway carrier CFR Marfa, people close to the matter told Mediafax.
Posta Romana Wants To Buy 607 Vehicles Via Financial Leasing For EUR6.64M
Romania’s state-owned postal company Posta Romana will set up an auction, at the end of March, to award a contract estimated at EUR8.23 million, VAT included, for the purchase of 607 new and...