Automotive
Freight Carrier Grup Feroviar Roman Posts Six-Fold Higher Profit In 2011
Grup Feroviar Roman (GFR), the largest private railway freight carrier in the country, saw its net profit increase six-fold last year to 28.7 million lei (almost EUR6.5 million) and expects...
Transport Minister Names New GM At CFR Calatori
Romania’s Transport Minister Ovidiu Silaghi on Wednesday appointed Stefan Roseanu to the position of general manager of state-owned passenger railway company CFR Calatori, replacing Dorin Ma...
Arad Authorities Get EUR9M Loan From EBRD To Buy New Trams
Local authorities in Arad, western Romania, and the EBRD on Friday signed a EUR20 million loan agreement, with EUR9.4 million to be used to buy six new trams and the difference to refinance...
Arval Romania Eyes 32% Higher Turnover In 2012 Vs. EUR23.2M In 2011
Operating leasing company Arval Romania, part of French financial group BNP Paribas, targets a 32% increase in this year’s turnover compared to a 9.5% increase in last year’s turnover to EUR...
Daniel Antor Becomes CEO Of Tiriac Auto
Daniel Antor was appointed chief executive of Tiriac Auto, part of Tiriac Holdings and the largest network of dealers on the Romanian market, on Thursday, company officials said.
Remar Pascani Delivers First Of 15 Multiple Unit Trains For Moldova
Romanian rolling stock repair company Remar Pascani (RMAR.RO) said Thursday it delivered the first of the 15 diesel multiple unit passenger trains it will upgrade for the Moldovan national r...
CFR Gets State Loan To Pay Debts To Energy Suppliers
Romania's Government will give national railway company CFR a loan to pay its debts to the private energy suppliers, a decision taken with the International Monetary Fund's consent.
Dacia Launches MPV Lodgy In Romania, Car Available In Showrooms Starting Thursday
Romanian carmaker Dacia, owned by French group Renault, has launched its multipurpose vehicle Lodgy in Romania, and the family car will be available in showrooms starting Thursday.
Arad Beltway In Western Romania Open To Traffic
Works on the Arad beltway, western Romania, have been finished and the road has been opened to traffic Wednesday.