Automotive
Bucharest Subway Operator Sees Budget For Fifth Mainline Halved
The budget allotted for the construction of Bucharest’s fifth subway mainline linking Drumul Taberei to Universitate was cut by more than half after the 2012 budget revision, subway operator...
Romania Pays More For Diesel Than Luxembourg Despite Eight Times Lower Wages
One liter of diesel oil in Romania was more expensive at the end of last month than in Luxembourg, despite the fact that a Luxembourger makes almost EUR2,300 per month, while an average Roma...
EU May Unfreeze Funds For Romanian Infrastructure After New Evaluation
EU funds for Romania's Transport Sector Operations Program (T-SOP), suspended pending checkups on their actual destination, might be unfrozen later in September, following a new evaluation,...
Renault Appoints New Manager To Romanian Factory
Renault has appointed Cornel Olendraru to replace Jacques Eudeline as general manager of Uzina Mecanica si Sasiuri Dacia (UMCD), one of the group's factories in Romania.
Dacia Car Registrations In France Up 21% In August, To 5,975 Units
Registrations of new Dacia cars in France rose 21% in August to 5,975 units and tempered their decline to only 1.7% in the first eight months of 2012, French carmakers association CCFA said...
Summer Months Good For Ferrari Sales In Romania
Registrations of Ferrari cars in Romania soared in the summer months, according to the statistics of the Driving License and Vehicle Registration Department (DRPCIV).
Transport Firm Transchim Asks For Insolvency
The managing board of Romanian freight transporter Transchim Bucuresti (TRAI.RO), owned by investment fund SIF Muntenia (SIF4.RO), unanimously decided to ask for the start of insolvency proc...
Japan Embassy: We Asked The Government For Enhanced Security At Airport
Natsuo Ameniya, ambassador of Japan to Romania, told Ziarul Financiar on Thursday that incidents such as the murder of the Japanese young woman, who was first accosted in Bucharest’s Otopeni...
Romania Seeks Advice To Slash Costs Of Planned Targu Mures-Iasi Highway
Romania's national roads administration CNADNR wants to buy technical and financial consultancy services, looking for ways to reduce the cost of the planned Targu Mures- Iasi highway, which...