Automotive
EU Approves EUR751M Financing For Romanian Railway Upgrade
The European Commission on Thursday approved financing of EUR751 million to Romania for the upgrade of a railway section that will cost EUR884 million.
CFR Awards RON500M Railway Upgrade Contract
Romania’s state-owned railway company CFR has awarded a contract worth 498.2 million lei (EUR113.6 million), net of VAT, for upgrades on rail sections Coslariu (Alba county) - Simeria (Huned...
Renault Might Add Turkey To List Of Dacia Manufacturing Locations
Renault is in talks with Turkish carmaker Karsan Otomotiv to have Dacia Dokker made at the Akcalar plant in Bursa, Turkey, according to wardsauto.com, a website specializing in the automotiv...
DHL Romania Posts Single-Digit Revenue Rise, From EUR25M In 2011
DHL Romania, part of German network DHL, registered a single-digit rise in 2012 revenue, from around EUR25 million in 2011, and it might post similar or higher growth in 2013, DHL Romania’s...
Romania Signed No Highway Construction Contract In 2012
Six national road repair projects, construction of three bypasses and road strengthening works – these are the main contracts signed by the company in charge of Romania’s national roads and...
Radacini Group Keeps Turnover Steady Thanks To Utility Vehicle Contracts
Radacini Group, one of the largest car dealers in Romania, with annual turnover of over EUR100 million, has kept its turnover steady in the past few years by taking part in auctions and by d...
Mihail Kogalniceanu Airport Wants To Upgrade Aircraft Stands For RON130M
The Mihail Kogalniceanu international airport in Constanta county, southeastern Romania, wants to contract aircraft stand upgrading works estimated at 130.1 million lei (EUR29.7 million), VA...
Valmar, APIA: Environment Stamp Duty Properly Calculated
The environmental stamp duty computational formula complies with the requirements of the European Commission and will help reduce imports of polluting cars, says Brent Valmar, vice-president...
Romania Delays State-Owned Companies' Sale Calendar; Pledges To Continue Reforms
Romania will launch an initial public offering of 15% in state-owned natural gas producer Romgaz by the end of October 2013, seven months later than initially planned, according to the count...