Automotive
Eurolines Sees Sales At RON243M In 2012, Up 32% On Year
Romanian tourism group Eurolines estimates its sales will increase 32% in 2012 to 243 million lei (EUR54 million), Dragos Anastasiu, the owner of the group, said Thursday.
Romania To Raise Diesel Fuel Duties To EUR391/Ton Next Year
Romania will increase excise duties on diesel fuels to EUR391 per ton from EUR374/ton on January 1, 2013.
Car Part Manufacturers Hired More Than 2,500 People This Year
Automotive component makers continued to hire and invest this year, a trend that started in 2011, in order to develop the business on the local market.
Niels Schnecker Named CFR Managing Board Chairman
Niels Schnecker has been appointed chairman of the managing board of Romanian state-owned railway operator CFR SA, Transport Minister Ovidiu Silaghi said Wednesday.
Romania Receives Extra RON170M, Several Assets Through Automobile Craiova Sale
Romania’s privatization authority AVAS said Wednesday the privatization of carmaker Automobile Craiova has been completed and the state received extra 170 million lei (EUR37.5 million).
Emerson: 2012 Was A Very Good Year For Cluj Operations
US-held Emerson has recruited about 600 people for its plants in the Tetarom II industrial park in Cluj (NW Romania), where it currently employs 1,500 people.
Luxury Brands On The Rise, Volume Brands Further Down On Auto Market
Luxury car sales have resumed the trend of 2007-2008, as the number of registered units doubled, while inexpensive ‘middle class’ brands are witnessing large declines, on Romania's dwindling...
Romania Puts Two Vital Highways Up For Concession: Craiova-Pitesti And Ploiesti-Focsani
The national roads authority in Romania (CNADNR) intends to put up for concession two contracts for designing and building Craiova-Pitesti and Ploiesti-Buzau-Focsani highways, which are set...
CNADNR Selects Consortium To Upgrade 44-Km Road In Gorj
Romania’s national roads authority CNADNR has selected consortium Comsa Sau (Spain) - Corporate Management Solutions (Romania) to upgrade a 44.6-kilometer road linking Rovinari to Bumbesti J...