Automotive
Fleet Sales Going Strong: Seven Out Of Ten Cars Are Bought By Companies
Companies account for 69% of overall car sales, while sales to individuals fell by 55% in the first ten months of 2012 compared with the similar interval a year ago, according to Business Ma...
Court Cancels State Aid Granted To Wizz Air By Timisoara Airport
The Pitesti Court of Appeals canceled on November 14 the state aid granted by the Timisoara Airport to low-cost airline Wizz Air, and the decision is final.
Roads Authority To Contract Works OF Over EUR60M For Targu Jiu Beltway
Romania’s national roads authority CNADNR plans to contract works estimated at over EUR60 million for the construction of the Targu Jiu beltway.
Dacia EU Registrations Down 6.8% In October
Romanian automaker Dacia’s new car registrations in the European Union dropped 6.8% in October to about 21,100 units, and the overall EU car market shrank 4.8% to some 959,400 units.
ACEA: New Car Registrations In Romania Down 13% In October Vs 4.8% Decline In EU
New car registrations in Romania saw a 13.4% decline to 6,782 units in October 2012, compared with a nearly three times lower decline of 4.8% in the European Union, to 959,400 units, accordi...
Altur Slatina 9-Month Sales Falls, Profit Rises
Romanian car parts maker Altur Slatina (ALT.RO) on Thursday said its turnover fell 14.5% in the first nine months to 88.13 million lei (EUR19.4 million), from RON103.08 million in the simila...
Romanian Leasing Market Declined 3% In Jan-Sept, To EUR979M
The Romanian financial leasing market declined 3% in the first nine months of the year, to EUR979 million, as financing was lower on the equipment and real estate segments, said Romanian lea...
Sales Of Cars In Romania Continue To Dive. Just 60,000 Units Sold In Ten Months
Romanian new passenger car sales fell 23.3% on the year to 60,446 units in the January-October period, from 78,846 units in the year-earlier months, the Automotive Manufacturers and Importer...
TMK-Artrom 9-Month Net Profit Falls 24% On Year
Romania’s TMK-Artrom Slatina (ART.RO), controlled by Russian steel pipe maker TMK, posted a net profit of 46.4 million lei (EUR16 million) in the January- September period, 24% lower on the...