Automotive
Navrom Galati Switched To Profit Of RON2.21M In 2011
Romanian river navigation company Navrom Galati (COVG.RO) switched to profit last year, posting net earnings of 2.21 million lei (EUR500,000), after losses of RON3.45 million in 2010, accord...
Dacia Registrations In France Down 28.5% In Jan-April, To 24,668 Units
Registrations of new Dacia cars in France fell 28.5% in the first four months of 2012 to 24,668 units, from 34,513 units in the same period a year ago, the French carmakers association CCFA...
Romania's Operating Leasing Market Up 24% In 1Q, To 40,356 Vehicles
Romania’s operating leasing market rose 24% to 40,356 managed vehicles in the first quarter of the year, up 8% from December 2011, according to data from the local Association of Operating L...
Servtrans Owner Gets 800 Railroad Cars, Prepares Company Sale
Railway transport company Servtrans Invest, controlled by businessman Cristian Burci and insolvent since last summer, took over the lease for 838 freight cars signed with BCR Leasing.
Public Radio Leased 32 Cars For EUR420,000
Romania's public radio company SRR has leased 32 cars through a contract worth around EUR420,000 with Premium Leasing SRL, a member of the Tiriac Group, controlled by Ion Tiriac.
Compa Sibiu Sees 2012 Turnover At RON520M, Up 9.3% On Year
Romanian car parts maker Compa Sibiu (CMP.RO) estimates turnover of 520 million lei (EUR118.2 million) in 2012, up 9.3% on the year, the company said in a statement Monday.
Mihail Kogalniceanu Airport To Be Upgraded In EUR40M Investment
Romania’s Transport Minister Alexandru Nazare on Monday said EUR40 million will be invested in upgrade works on the Mihail Kogalniceanu international airport in Constanta County, southeaster...
Aerostar Bacau 1Q Turnover Up 20% To RON37M
Plane construction and repair firm Aerostar Bacau (ARS.RO) on Monday reported a 20.33% turnover increase in the first quarter of 2012 to 37.05 million lei (EUR8.5 million) from RON30.79 mill...
CNADNR Receives 15 Bids For Public Road Upgrades
Romania's road authority CNADNR has received 15 bids from Romanian and foreign companies and consortia for upgrade works on national road DN 66 Bumbesti Jiu – Petrosani stretching onto 32 ki...