Automotive
Tenders For 100 Km Of Highway Still Open After Six Months
About 100 kilometers of highway for which tenders were held last August have yet to find a builder, because of a series of petitions challenging decisions, too much time taken to assess bids...
Dacia Manufactured 400,000 Duster SUVs
Romanian car manufacturing plant Dacia made a total of 400,000 Dacia Duster models, the carmaker said in a statement Thursday.
Rombat Sees Auto Market Flat At Best
Rombat Bistrita, Romania’s largest car battery manufacturer, expects the auto market to be flat in 2013 after five years of decline.
Rulmenti Barlad Posted $7M Profit In 2012
Romanian ball bearing maker Rulmenti Barlad (RBL.RO), owned by Turkish holding Kombassan, Wednesday said its profit was at $7 million in 2012, down 30% from the targeted amount due to a lowe...
Government Approves CFR Marfa Privatization Strategy On First Reading
Romania’s Government approved Wednesday, on first reading, a draft strategy for the privatization of state-run freight railway carrier CFR Marfa, and will give its final nod after public deb...
Fenechiu: Romania Aims To Sell CFR Marfa After Investors’ Test, With Lowest Debts
Romania aims to sell the majority stake in state-owned freight railway carrier CFR Marfa "with the lowest debts possible," the sale price being settled based on an "investor’s test" pre-appr...
CSAT Approves CFR Marfa Privatization
Romania’s supreme defense council CSAT approved Tuesday the privatization of state-owned freight railway carrier CFR Marfa, said Finance Minister Daniel Chitoiu.
BMW Romania Boss: Economy Needs Quiet To Develop
The political crisis last summer and the elections in December made a significant impact on the car sales in Romania. While the first half showed a slight rebound after more than five years...
Where Did EUR1.2B Go? An Analysis Of Romania's Road Infrastucture Spending
The top 30 payments made by the Romanian roads authority CNADNR last year show the inefficient infrastructure spending, with Bechtel receiving EUR76 million for 600 m of highway.