Automotive
APIA: Car Sales Will Continue Downward Trend In 2012
Car sales in Romania will continue to fall this year, while dealers’ profit margin will remain close to zero, considering that profitability in the car industry was negative in the first fiv...
Renault To Invest Over EUR250M In Romania In 2012
French group Renault, owner of Romanian carmaker Dacia, will invest over EUR250 million on the local market this year, a company official said Wednesday.
Only 20 Km Of Bucharest’s Beltway Rehabilitated In Five Years
The Transport Ministry has spent EUR12 billon from 2008 through 2012 without making the beltway of Romania’s largest city a priority.
Romaero Eyes RON14M Capital Increase
Romanian aircraft repairs and maintenance company Romaero Bucuresti (RORX.RO) wants to increase its share capital by 14.1 million lei (EUR3.15 million) to RON29.7 million, the company said i...
President Basescu Buys 1st Ford B-Max Launched At Romanian Plant
President Traian Basescu bought Monday the first Ford B-MAX minivan model launched Monday in Craiova, southern Romania.
Ford To Build 1.5-Liter Engine In Craiova
Ford will build a 1.5-liter engine in its factory in Craiova, Romania, with production to start next year, the company announced Monday.
Ford Romania Starts B-Max Production At Craiova Plant
U.S. carmaker Ford on Monday has started the production of minivan B-Max at its plant in Craiova, southern Romania, and targets to manufacture 60,000 units this year.
Dacia Plant Halts Production Monday, Tuesday
Carmaker Dacia, owned by French group Renault, will halt production at its plant in Mioveni (southern Romania) Monday and Tuesday because of car part supply difficulties.
Ford Romania Operations Manager Zoltan Brassai To Take Over As GM On July 1
Ford Romania operations manager Zoltan Brassai will take over the position of general manager to replace Henrik Nenzen, who will withdraw at the end of June, the company said in a press rele...