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CNADNR’s Debts To Constructors To Be Paid In Tranches
Real Estate

CNADNR’s Debts To Constructors To Be Paid In Tranches

The 1.3 billion lei (EUR284 million) debts of Romanian national roads authority CNADNR to road constructors will be paid in tranches, and the payment calendar has yet to be decided, Prime Mi...

Ioana Tudor · 22.10.2012 · 19:03 · 1 min
DHL Sells Cargus Parcel Business To Abris Equity Fund
Automotive

DHL Sells Cargus Parcel Business To Abris Equity Fund

German postal and logistics group Deutsche Post DHL has reached an agreement with private equity fund Abris Capital Partners to sell its Romanian domestic express delivery business Cargus.

Florentina Dragu · 22.10.2012 · 17:13 · 1 min
Two More State-Owned Companies Appoint Private Managers
Automotive

Two More State-Owned Companies Appoint Private Managers

Romanian state-owned port administrator Administratia Porturilor Maritime Constanta and navigable Danube canal administrator Administratia Canalelor Navigabile have finished the selection of...

Ioana Tudor · 22.10.2012 · 16:53 · 2 min
Government Mulls Granting A Single Voucher Under Cash-For-Clunkers Program
Automotive

Government Mulls Granting A Single Voucher Under Cash-For-Clunkers Program

Romanian Prime Minister Victor Ponta on Friday said the Government is considering capping the number of car scrapping vouchers to a single voucher, compared with three vouchers granted curre...

Ecaterina Craciun · 19.10.2012 · 16:41 · 1 min
Romania Changes Once Again Car Registration Tax With Pollution Tax
Automotive

Romania Changes Once Again Car Registration Tax With Pollution Tax

The Romanian Government will change once again the tax system levied to car owners as of 2013, replacing the first registration tax with an environment tax, calculated according to the pollu...

Manuela Panescu · 19.10.2012 · 14:16 · 1 min
Automotive

Van Oord Wins Contract To Extend Constanta Dam, Auction Contested

Dutch company Van Oord Dredging and Marine Contractors has won a contract to lengthen the dam in the Port of Constanta, and the awarding procedure was contested by gas service company Grup S...

Ioana Tudor · 18.10.2012 · 18:51 · 1 min
Low-Cost Airline War Fought Over Passenger Luggage
Automotive

Low-Cost Airline War Fought Over Passenger Luggage

Almost one million passengers will pay a higher fare after low-cost airline Wizz Air decided to charge for carry on luggage. Who stands to gain and who stands to lose from it?

Tudor Ioana Raluca · 18.10.2012 · 00:00 · 3 min
Dacia’s Boss About Tangiers Plant: It’s In The Rearview Mirror And That’s Where It Should Stay
Automotive

Dacia’s Boss About Tangiers Plant: It’s In The Rearview Mirror And That’s Where It Should Stay

Dacia’s plant in Mioveni has entered its second development phase with the start of production for the new generation of Logan and Sandero cars, where work on the assembly line is not done b...

Manuela Panescu · 18.10.2012 · 00:00 · 4 min
Tarom Has New CEO, Board President
Automotive

Tarom Has New CEO, Board President

Romanian state-owned airline Tarom named Heinrich Vystoupil, former head of Austrian Airlines Romania and Moldova, as chief executive officer, while Dan Pascariu, president of UniCredit Tiri...

Manuela Panescu · 17.10.2012 · 21:11 · 2 min