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Tarom Appoints Christian Heinzmann As New CEO
Companies

Tarom Appoints Christian Heinzmann As New CEO

The managing board of Romanian state-owned airline Tarom has appointed Christian Edouard Heinzmann as its new chief executive officer.

Oana Gavrila · 04.11.2012 · 18:06 · 1 min
Dacia Registrations In France Down 22.6% In October
Automotive

Dacia Registrations In France Down 22.6% In October

Romanian carmaker Dacia’s new car registrations in France dropped 22.6% in October to 6,626 units, on a market that fell 7.8% to 162,400 vehicles, according to the French carmakers associati...

Ioana Tudor · 02.11.2012 · 15:07 · 1 min
Ford Romania Produces 500 B-Max Cars Daily At Craiova Plant
Automotive

Ford Romania Produces 500 B-Max Cars Daily At Craiova Plant

Five hundred Ford B-max cars are produced daily at U.S. carmaker Ford’s plant in Craiova, southern Romania, and 2,630 units were exported in September, said Ford Romania general manager Zolt...

Ecaterina Craciun · 02.11.2012 · 10:10 · 1 min
Creditor Banks Become Minority Shareholders In IRS Rolling Stock Plants
Automotive

Creditor Banks Become Minority Shareholders In IRS Rolling Stock Plants

The banks that found a German private investor for Romanian insolvent group International Railways Systems also became a shareholder, in a first for the local market.

Neagu Bogdan Mircea · 01.11.2012 · 12:10 · 2 min
Wizz Air Passenger Numbers Up To 3 Million In Romania
Automotive

Wizz Air Passenger Numbers Up To 3 Million In Romania

Three of the 12 million passengers of Wizz Air travel to and from destinations in Romania, the country with the highest growth in the region for the airline.

Tudor Ioana Raluca · 01.11.2012 · 00:00 · 2 min
Otopeni Airport Inaugurates New Terminal Next Week, A EUR52M Investment
Automotive

Otopeni Airport Inaugurates New Terminal Next Week, A EUR52M Investment

The new departures terminals at Otopeni airport will become operational November 6, following a EUR52 million investment, the company’s communications manager Valentin Iordache told a news c...

Manuela Panescu · 31.10.2012 · 14:41 · 1 min
Citroen Imports Might Move To Peugeot Importer
Automotive

Citroen Imports Might Move To Peugeot Importer

Peugeot importer Trust Motors might soon take over the imports in Romania of Citroen, the second brand of France's second largest car maker PSA Peugeot-Citroen group, sources in the industry...

Loredana Frățilă-Cristescu · 31.10.2012 · 00:00 · 2 min
KLG Romania Boss: 2012 Failed To Confirm Our Expectations
Companies

KLG Romania Boss: 2012 Failed To Confirm Our Expectations

The growth of KLG came in 2012 from new clients, as many companies cut back on the storage space. Even so, the logistics and distribution company plans to build two new warehouses in Romania...

Tudor Ioana Raluca · 30.10.2012 · 00:00 · 3 min
Tarom’s Recently Selected CEO Refused Position, Other Managers Sign Deal
Automotive

Tarom’s Recently Selected CEO Refused Position, Other Managers Sign Deal

Heinrich Vystoupil, recently selected to fill the position of chief executive officer of Romanian state-owned airline Tarom, did not accept the terms included in his contract and refused the...

Manuela Panescu · 29.10.2012 · 20:58 · 1 min