Automotive
Romania's Operating Leasing Market Up 11% In 2012, To 41,500 Vehicles
Romania’s operating leasing market increased by 11% in 2012, to 41,500 managed vehicles, at a lower pace than estimated at mid-year due to a slowdown in the second half, according to data fr...
Vae Apcarom Revenue Slightly Up To RON96.6M In 2012
Romanian rolling stock maker voestalpine Vae Apcarom (APC.RO), owned by Austria's voestalpine, Tuesday said its revenue increased slightly to 96.6 million lei (EUR21.9 million) in 2012, from...
Garanti Leasing Estimates To Grant Financing Of RON10M This Year
Garanti Leasing, part of Garanti Romania, is launching its first financing line in lei for vehicles, equipment and real estate, and estimates to give loans of 10 million lei (EUR2.27 million...
Dacia Starts Deliveries To The UK
The first 300 right-hand drive Dacias were registered in the UK in January, according to the UK’s Society of Motor Manufacturers and Traders (SMMT).
Dacia Sandero Is Best-Selling Car In Spain
The first month of 2013 brought a rise in Dacia registrations on the main European markets, with the new Dacia Sandero being the best-selling car on the Spanish market.
Almost 40 Cars With A Price Tag Of More Than EUR100,000 Registered In January
Luxury car registrations surged in January to almost 40, according to the statistics of the Driver License and Vehicle Registration Department (DRPCIV).
Romania To Upgrade Rail Section For EUR1B
Romania’s Transport Ministry on Friday signed a financing contract of 4.98 billion lei (EUR1.1 billion) with state-owned railway company CFR for upgrades on rail section Sighisoara-Coslariu...
Insurers To Contribute 1% of RCA Underwritten Premiums To Road Accident Fund
Romanian insurers which sell mandatory car insurance policies RCA will transfer 1% of gross underwritten premiums on this segment to the fund protecting the victims of road accidents, accord...
Michelin Buys 20 Hectares Of Land For New Investments
Tire manufacturer Michelin bought 20 hectares of land in Zalau (NW Romania) for EUR1.6 million to expand its plant.