Automotive
Chimpex Eyes 65% Increase In 2012 Profit To EUR3.4M
Romanian port operator Chimpex Constanta (CHEM.RO) estimates its net profit will rise 65% to EUR3.43 million in 2012, from roughly EUR2.1 million a year earlier, according to the company’s r...
Romania To Stop Infrastructure Development Program, Money Reserved For Contracted Projects
Romania will terminate the National Infrastructure Development Program (PNDI) because of financial constraints, so the earmarked budget will be reduced by 15.9 billion lei (EUR3.63 billion)...
Continental, Autoliv, Schaeffler And Yakazi To Hire Over 1,700 This Year
Some of the largest producers of components present on the Romanian market – Continental, Autoliv, Yazaki and Schaeffler Romania – have announced new programs of boosting employee numbers in...
Head Of Opel Romania Promoted In Charge Of 20 Countries
Constantin Avramescu, manager in charge of sales, marketing and aftersales within Opel Romania, has been appointed to a new position in the central management team of the German brand in Rus...
APIA: Passenger Car Sales Fall 6% On Year To 13,832 Units In 1Q
Romanian new passenger car sales fell 6% to 13,832 units in the first quarter, from 14,751 units in the year-earlier period, the Automotive Manufacturers and Importers Association, or APIA,...
Aecom Ingenieria To Offer Consulting Services For Development Of Transport Master Plan
Romania’s Transport Ministry on Wednesday signed a 9.5 million lei (EUR2.17 million) contract with Aecom Ingenieria SRL, which will offer consulting services for the development of a long-te...
One Km Of Highway Can Actually Cost As Little As EUR3.5M In Romania
The cheapest highway built in the past few years in Romania is Timisoara-Arad, where the cost per km is around EUR3.5 million, according to a ZF analysis based on information supplied by nat...
New Italian Airline Enters Romania
Air One, the low-cost unit of regular airline Alitalia, will enter the Romanian market on July 1 when it starts offering two flights a week on the Bucharest-Venice route, according to the co...
CSA To Analyze Risk Management With Data From Auto Insurers
Romanian providers of civil auto liability insurance (RCA) may be required to send an estimate regarding the segment's indicators every year to the market regulator, CSA, to be used in a ris...