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Romanians Pay More For Electronics Than EU Average
Retail&Consumer

Romanians Pay More For Electronics Than EU Average

The prices of consumer goods and services in Romania are 60% of the European Union average, but Romanians pay more for electronics and about the same as the EU average for clothing and perso...

Radu Bostan · 22.06.2012 · 17:17 · 1 min
Romania To Extend By One Year Deadline To List Key State Companies
Capital Market

Romania To Extend By One Year Deadline To List Key State Companies

Romania’s government extends by one year, until December 31, 2013, a deadline to list minority stakes in several state-owned companies on the Bucharest Stock Exchange and on international ma...

Ioana Tudor · 22.06.2012 · 16:23 · 1 min
Automotive

Porsche Romania To Pay RON243M Dividend

Porsche Romania will pay its shareholders dividends of 243.6 million lei (EUR54.58 million) from retained profit.

Radu Bostan · 20.06.2012 · 17:26 · 1 min
New Car Tax Should Consider Households' Low Income - Minister
Automotive

New Car Tax Should Consider Households' Low Income - Minister

Romania's Environment Minister Rovana Plumb said Monday she has told the government workgroup in charge of reanalyzing the car pollution tax that there are six million people on the brink of...

Radu Bostan · 18.06.2012 · 15:06 · 1 min
Romania To Increase By 30,000 Number Of Vouchers For Clunkers Program
Automotive

Romania To Increase By 30,000 Number Of Vouchers For Clunkers Program

Romanian Environment Minister Rovana Plumb said Monday the number of scrappage voucher granted for the current edition of the cash-for-clunkers program will be increased by 15,000 by the end...

Ioana Tudor · 18.06.2012 · 13:30 · 1 min
Dacia Logan Sales Rebound Outside European Union
Automotive

Dacia Logan Sales Rebound Outside European Union

The Logan and Sandero models sporting Euro 4 engines and exported outside the European Union are the “surprise” source of growth for the production of Romanian carmaker Dacia this year, afte...

Radu Bostan · 18.06.2012 · 00:00 · 2 min
Dacia Factory Takes Timeout On June 18-19, July 2
Automotive

Dacia Factory Takes Timeout On June 18-19, July 2

Romanian carmaker Dacia's factory in Mioveni will not build any cars on June 18 and 19, as well as July 2, because of low demand and overstocking.

Radu Bostan · 16.06.2012 · 16:45 · 1 min
APIA: Car Sales Up 28% On Month In May, But Down 11% On Year
Automotive

APIA: Car Sales Up 28% On Month In May, But Down 11% On Year

Romanian new passenger car sales rose 27.7% on the month to 8,497 units in May, but were down 11% from the year-ago period, the Automotive Manufacturers and Importers Association, or APIA, s...

Florentina Dragu · 15.06.2012 · 12:36 · 1 min
ACEA: Romania Sees Third Largest Increase In New Car Registrations In EU In Jan-May
Automotive

ACEA: Romania Sees Third Largest Increase In New Car Registrations In EU In Jan-May

New car registrations in Romania rose 12.4% to 26,000 units on the year in the first five months of 2012, the third largest increase in the European Union, while the European auto market fel...

Ecaterina Craciun · 15.06.2012 · 11:32 · 1 min