Automotive
Renault Moves Production Of Renault Symbol To Romania
French group Renault, owner of Romanian carmaker Dacia, has relocated the production of the new Renault Symbol model at its plant in Mioveni (southern Romania), according to Renault official...
Dacia’s New Logan Available In Romania At Prices Starting With EUR6,690
Romanian carmaker Dacia’s new Logan model will be available for order in Romania starting Friday, at prices starting from EUR6,690, VAT included.
Continental Invested EUR271M In Romanian Tire Plant Over Past 12 Years
German car part producer Continental said Thursday it has invested over EUR271 million in its tire producing plant in Timisoara over the past twelve years.
Vae Apcarom 9-Month Net Profit Flat At RON5.2M
Romanian rolling stock maker voestalpine Vae Apcarom (APC.RO), owned by Austria's voestalpine, Thursday reported a net profit of 5.25 million lei (EUR1.2 million) in the first nine months, r...
Dacia: Seven In Ten Cars Sold To Companies
On a market still suffering from the difficult economy, more and more volume brands have shifted to sales of fleets, which are the only constant on the auto market of the last two years. As...
Preh Hires 120 More People In Brasov
Automotive component maker Preh Romania, one of the major local suppliers of Audi, BMW and Daimler, plans to hire 120 more people for its plant in Ghimbav, near Brasov (central Romania).
Romanian PM Confirms Talks To Delay Transgaz Offering
Romanian President Traian Basescu and the government agree to delay the sale of 15% in natural gas transporter Transgaz (TGN.RO) over an expected price increase in a couple of years due to t...
Romania To Delay CFR Marfa Privatization, Transgaz SPO - Sources
Romanian President Traian Basescu and Prime Minister Victor Ponta agreed on Wednesday to delay the privatization of state-run freight rail company CFR Marfa, as well as a secondary offering...
Romania’s Operating Leasing Market Up 14% In First 9 Months, To 41,500 Vehicles
Romania’s operating leasing market increased by 14% on the year to 41,500 managed vehicles in the first nine months of 2012 and by 11% compared to December 2011, according to data from the l...