Automotive
LeasePlan Romania 2011 Turnover Up 21% On Year, To EUR31M
Car leasing company LeasePlan Romania reported a turnover of EUR30.98 million in 2011, up 21% on the year, due to increasing interest for auto fleet management services, the company said Fri...
Romanian Shipyard Orsova Switched To RON1.6M Loss in 1Q
Romanian shipyard Santierul Naval Orsova (SNO.RO) on Friday reported losses of 1.6 million lei (EUR362,318) in the first quarter of 2012, versus a profit of RON187,444 in the same interval a...
Compa Sibiu 1Q Profit Up 17%, To RON10.3M
Romanian car part maker Compa Sibiu (CMP.RO) posted a profit of 10.35 million lei (EUR2.3 million) in the first quarter of the year, up 17% compared to the same period a year ago.
Ford Romania Boss: Craiova Is The Place To Be In Europe Now
Ford Europe completed the EUR675 million investments in the plant in Craiova six months ahead of schedule and began production of the EcoBoost engine, the final step before launching the man...
First Quarter Review: Consumption, Drugs And Mall Sales Up, Energy And Beer Sales Down
The start of the year came with different signals from the main sectors of Romania's economy, so a clear trend cannot be outlined for the first quarter of the year, according to data release...
Ford Starts Production Of EcoBoost Engine In Craiova
Ford has started production of the new 1.0 liter EcoBoost gas engine at its Craiova plant in southern Romania. A total of 30,000 units should be made by the end of the year, while next year’...
Autotechnica Fleet Services To Take Over Hertz Romania
Romanian operating leasing and fleet management company Autotechnica Fleet Services will take over, starting May 15, car rental franchise Hertz Romania, which will subsequently change its na...
British Airways Grows Faster In Romania Compared To Rest Of CEE
Emil Delibashev, commercial manager of British Airways for the Balkan area and Hungary, which operates non-stop flights on the Bucharest-London route, says revenues from the sale of airplane...
Metrorex Seeks To Buy Energy For RON62M
Bucharest subway operator Metrorex will hold a tender at the end of May to buy electricity for one year, through a contract worth an estimated 62.64 million lei (EUR14.22 million).