Automotive
CFR To Hold New Auction To Lease 13 Railway Sections
Romanian railway operator CFR will organize a new open outcry auction on May 2 to lease 13 sections of the public railroad network in Bucharest, Timisoara, Brasov and Iasi.
German Car Part Producer Kirchhoff Opens EUR12M Plant In S Romania
German car part producer Kirchhoff on Wednesday opened its first plant in Romania, which will supply components for minivan B-Max, which will be manufactured at Ford’s production unit in Cra...
Clunkers, Green House Program May Be Cut Short In 2012 Over Lack Of Funds
Romania's clunkers program and Green House scheme, which is designed to encourage the use of alternative energy systems, may be cut short in 2012 because the Environment Fund has a smaller b...
voestalpine VAE APCAROM Pays 60% Lower Dividend In 2012
Romanian rolling stock maker voestalpine VAE APCAROM (APC.RO), owned by Austria's voestalpine, Wednesday approved paying its shareholders a gross dividend of 0.09 lei (EUR0.02) a share from...
Dacia Logan Ready To Make Way For Second Generation
Dacia Logan, the ‘crazy bet’ of Louis Schweitzer, a range of models which sold more than 1.5 million units in eight years and made the French owners almost EUR15 billion in revenue, is getti...
Romania To Buy Legal Services For Transport Program Contracts, For EUR8M
Romania's Transport Ministry wants to buy legal assistance services for road authority CNADNR and railway admin CFR, for projects run through the Transport Sector Operations Program (T-SOP),...
Romania To Limit Infrastructure Program Budget To RON1B Per Year
Romania's Government has decided to resize the National Infrastructure Development Program (PNDI), by limiting its yearly funding to one billion lei (EUR228 million), available only to proje...
Romanians Might Need Driving License For Mopeds Starting 2013
Romanians who drive motorbikes will be required a driving license staring next year, according to a bill approved Tuesday by the Government.
Federal Mogul: Romania’s Car Parts Market Flat In 2011, To EUR1B, Seen Slightly Up In 2012
Romania’s car parts market stagnated to nearly EUR1 billion in 2011 and is seen growing slightly in 2012, according to estimates by the Romanian office of American auto parts supplier Federa...