Automotive
The Largest Companies In Romania
OMV Petrom (SNP.RO) remained the largest company in Romania in 2011, with a turnover of almost EUR4 billion, shows a ZF analysis based on data provided by the company or on ZF estimates. Thi...
Bucharest Airport Company Revenue Up 17% In 2011, To RON530M
The Bucharest Airport National Company (CNAB) announced Wednesday its revenue increased 17.4% last year, from 450.8 million lei (EUR101 million) in 2010 to RON529.6 million, while profit gre...
TAP Portugal To Operate Bucharest-Lisbon Direct Flights Starting July 1
Portuguese national airline TAP Portugal will operate direct flights on the Bucharest-Lisbon route starting July 1, and estimates it will carry some 14,500 passengers this year, of whom over...
Romanian Postmaster Expects 10% Higher Turnover In 2012, Of EUR11M
Romanian postal services operator Postmaster estimates its turnover will reach EUR11 million in 2012, up over 10% on the year, Postmaster representative Mihai Preotescu told a news conferenc...
CFR To Get State Loan For Paying Debts To Energy Suppliers
Romania's Government will give national railway administrator CFR a loan to pay its arrears to the private energy suppliers and will issue an ordinance whereby CFR will pay only the principa...
Cluj Authorities To Give Airlines EUR5M Subsidy To Serve New Routes
The Cluj County Council on Monday approved financial aid of more than EUR5.2 million until 2020 for certain airlines, to launch new flights or raise their frequency, with a view to increasin...
CFR Leases Three Rail Sections To Private Operators At Prices Starting From RON12,700/Yr
Romanian railway administrator CFR SA has leased three rail sections managed by the CREIR Bucuresti and CREIR Timisoara branches to private operators at prices starting from 12,700 lei (EUR2...
Head Of Largest Steel Plant: Dacia Saved Renault From Bankruptcy
Dacia is one of the “success stories” of the Romanian and international economy because it saved French group Renault from bankruptcy and is a model for ArcelorMittal Galati, said Bruno Ribo...
Market Of GPS Tracking Systems Seen Up By 40,000 Vehicles In 2012
The local market of GPS vehicle tracking systems will increase by over 10% in 2012, from EUR9.2 million in 2011.