Automotive
Dacia Launches Limited-Edition Sandero Stepway2
Romanian carmaker Dacia on Thursday launched on the local market its limited-edition Sandero Stepway2, at prices ranging between EUR9,700 and EUR11,700, VAT included, the company said.
CNADNR Estimates Lower Costs For Road Maintenance In Craiova Region
Romanian road authority CNADNR has received eight bids for maintenance in 2012-2014 on roads managed by the Craiova branch, through a frame-contract worth an estimated 135.04 million lei (EU...
Renault Investments In Romania To Top EUR2B By Year-End
Investments of French carmaker Renault in Romania will exceed EUR2 billion this year, after Dacia’s owner pumped some EUR1.63 billion on the local market between 2000 and 2010, Wednesday sai...
Romania Cancels Road Authority Reorganization, Fearing Delays In EU Fund Absorption
Romania's Transport Ministry has dropped plans to reorganize road authority CNADNR by separating its activities, since the authority has received European Commission accreditation under its...
Romania Pays EUR1.3B For 17 Highway Construction Sites
The Romanian government had until the beginning of February paid almost EUR1.3 billion for the 17 highway construction sites currently underway, reveals a ZF analysis based on information su...
Government Postpones Canceling CFR SA's Debts To State Budget
Romania's Government has decided to delay converting the debts of railway administrator CFR SA, amounting to some 3.99 billion lei (EUR917 million) at the end of last year, into shares, foll...
UTI Group To Invest EUR50M In Local, Foreign Acquisitions
Romanian group UTI will invest EUR50 million over the next two years to buy several local and foreign companies involved in security, IT, traffic management, construction and facility manage...
Ford Romania To Boost Turnover To EUR1B By Yearend And Promises To Hire More Personnel
Ford Romania’s turnover this year will exceed EUR1 billion with a production of 500 cars per day starting in June, and the U.S. company plans to hire more personnel in a second wave of hirin...
Six Counties To Buy Fire Engines, Ambulances Through RON20M Project
Six Romanian counties, organized in an intercommunity development association, have signed a 20 million lei (EUR4.57 million) financing contract with the Development Ministry for the purchas...