Automotive
Head Of CFR Calatori: Passenger Traffic Is Down 13.7% Because Of Insufficient Train Cars
State-run railway passenger carrier CFR Calatori sold 24 million tickets in the first six months of this year, down 13.7% on the similar period of last year and its turnover fell 7% to 763 m...
Electroprecizia 1H Sales Up 14.1% On Year, To RON216.2M
Romanian electric engines maker Electroprecizia (ELZY.RO) reported sales of 216.2 million lei (EUR49.2 million) in the first half of 2012, up 14.1% from RON189.5 million a year ago, the comp...
Chimpex Switches To Loss Of RON5.8M In 1H 2012
Romanian port operator Chimpex Constanta (CHEM.RO) switched to losses in the first six months of the year, with 5.8 million lei (EUR1.28 million) in the red, from net profit of RON2.43 milli...
Ponta: Government Needs To Refund EUR400M Collected Illegally As Car Tax
Romania’s Government must refund a total EUR400 million to car owners who paid the illegal car tax charged by the former Government, Prime Minister Victor Ponta said Tuesday.
Romanian Railway Company Gets Three Bids For RON530M Line Upgrade
Romania’s state-owned railway company CFR received three bids for the upgrade of a portion of railway part of the fourth pan-European transport corridor, an investment estimated at 530.5 mil...
Socep 1H Turnover Slightly Down To RON28.1M
Romanian harbor operator Socep Constanta (SOCP) on Tuesday reported a slight decline in its first-half turnover to 28.1 million lei (EUR6.2 million) and its net profit nearly halved to RON2....
Turnover Of Nelu Iordache’s Air Taxi Company Plunges 50%
Demand for air taxi services fell 50% as some of the businesspeople and managers of large companies stopped going to meetings with rented helicopters, which cost no less than EUR800 per hour...
APIA: Passenger Car Sales Down To 41,533 Units In January-July
Romanian new passenger car sales fell 20.5% on the year to 41,553 units in the January-July period, from 52,247 units in the year-earlier months, the Automotive Manufacturers and Importers A...
UAMT Oradea 1H Turnover Up 25% To Nearly RON50M
Romanian car parts maker UAMT Oradea (UAM. RO) on Monday reported a turnover of 49.6 million lei (EUR11.3 million) in the first half of 2012, up nearly 25% from RON39.8 million in the year-e...