Automotive
Settlement Board Blocks Auction For Consultant On Comarnic-Brasov Highway
Romania’s national settlement board has suspended an auction launched by the public road authority CNANDR for consultancy services to update a feasibility study in view of awarding a lease f...
ACEA: Romania Sees Highest Increase In New Car Registrations In EU In Jan-April
New car registrations in Romania climbed 24.5% to over 18,000 units on the year in the first four months of 2012, the strongest increase in the European Union, while the European auto market...
Number Of Used Cars Registered For The First Time In Romania Up 32% In Jan-April
The number of second hand cars registered for the first time in Romania increased by 32% in the first four months of the year to 46,620 units, from 35,400 units in the same interval a year a...
Altur Slatina 1Q Net Profit Halves To RON293,000
Romanian car parts maker Altur Slatina (ALT.RO) Tuesday said its net profit halved to 293,000 lei (EUR66,000) in the first quarter of 2012, compared with the same interval a year ago.
Price Of Clunkers Vouchers Triples
Vouchers for the clunkers scheme are traded on the market at prices ranging between RON2,600 and RON3,000, three times more than in previous years, according to a ZF analysis.
Electroaparataj Switched To RON3.77M Loss In 2011
Romanian electrical equipment producer Electroaparataj Bucuresti (ELJ.RO) Monday said it switched to a loss of 3.77 million lei (EUR850,000) last year, versus a profit of RON4.94 million a y...
Ponta: Government Stopped Financing Infrastructure Development Program
The Romanian Government decided to terminate the National Infrastructure Development Program (PNDI) and stop financing works carried out through the program, Prime Minister Victor Ponta told...
UAMT Oradea 1Q Sales Up 22.8% To RON24.3M
Romanian car parts maker UAMT Oradea (UAM.RO) Friday said its turnover climbed 22.8% in the first quarter to 24.33 million lei (EUR5.5 million) from RON19.81 million in the same interval a y...
APIA: April Car Sales +14% On Month, -21% On Year
Romanian new passenger car sales rose 14.4% on the month to 6,650 units in April, but were down 21.4% from the year-ago period, the Automotive Manufacturers and Importers Association, or API...