Automotive
Compa Sibiu 1H Net Profit More Than Doubles To RON18.5M
Romanian car parts manufacturer Compa Sibiu (CMP.RO) Friday said its net profit rose 56% to 18.5 million lei (EUR4.2 million) in the first half, from roughly RON12 million in the year-earlie...
Altur Slatina 1H Profit Rises Despite Lower Sales
Romanian car parts maker Altur Slatina (ALT.RO) Friday said its net profit rose 17.7% on the year to 1.3 million lei (EUR0.28 million) in the first half, despite a 11.4% decline in sales.
Transport Ministry Asks Headhunters To Drop Recruitment Of CEOs For State Companies
The biggest campaign to recruit CEOs for state-owned companies subordinated to the Transport Ministry, which started a few days ago, risks to lose its credibility, after on Thursday represen...
Ponta: Government Will Adopt Bill To Refund Car Tax Collected Illegally
Romania’s Government must adopt a normative act to return the car tax collected illegally and settle the legal actions started by car owners to recover their money, Prime Minister Victor Pon...
Vae Apcarom 1H Net Profit Halves To RON1.4M
Romanian rolling stock maker voestalpine VAE APCAROM (APC.RO), owned by Austria's voestalpine, Thursday said its net profit halved on the year to 1.4 million lei (EUR0.3 million) in the firs...
Transport Ministry Pledges To Privatize CFR Marfa By December
Romania's Transport Ministry has pledged to privatize railway freight carrier CFR Marfa by December 2012, says a statement released Wednesday, after minister Ovidiu Silaghi's meeting with th...
Transport Minister Replaces Tarom GM
Romania's Transport Minister, Ovidiu Silaghi, has appointed Sorin Georgescu, representative of Tarom in Rome, to the position of general manager of the airline.
Transport Ministry Won't Privatize Any Company In 2012 – Government Document
Romania's Finance Ministry says in a document that the Transport Ministry will not carry out any privatizations this year, although the stand-by agreement with the IMF, European Commission a...
UACE To Build Aircraft Parts For Export In Maramures, Romania
Aluminum component manufacturer Universal Alloy Corporation Europe (UACE) will build metallic structures for companies such as Airbus, Alenia and Boeing, after developing its production faci...