Automotive
Holcim Romania Turnover Up 13% In 2011, To EUR225M
Cement maker Holcim Romania registered turnover of about EUR225 million in 2011, up about 13% on the year.
Ford And AVAS Sign Addendum To Car Plant Privatization Contract
U.S. carmaker Ford and Romanian privatization authority AVAS on Friday signed an addendum to the privatization contract for local car plant Automobile Craiova, whereby the number of cars For...
Farm Machinery Should Not Be Taxed As Transport Vehicles
Romania's Agriculture Ministry opposes taxing farm machinery the same as transport vehicles and is discussing the issue with the Finance Ministry, Agriculture Minister Stelian Fuia said Frid...
Five Groups And Consortia Filed Bids To Broker CFR Marfa Privatization - Sources
Five groups and consortia bid on a contract to broker the privatization of Romanian state-owned railway freight carrier CFR Marfa, which must be concluded by the end of October.
CFR Black Hole: EUR1.3 Billion Losses In Four Years
Poor management, the administration's lack of interest and the reduced investments in infrastructure have thrown railway companies CFR SA, CFR Marfa and CFR Calatori into a hole of cumulated...
Gefco: A New Plant Opens Every Month In Romania, Or A New Business Gets Expanded. You Don’t See That In France Or Czech Republic Any More
Christophe de Korver, general manager of Gefco Romania, says there are parts of this country that can be better served by the Koper harbor in Slovakia than by Constanta because of the highwa...
Government Expects Lowest Revenue From Car Pollution Tax Since Its Introduction
Romania's Government this year expects to collect the lowest revenue from the car pollution tax since it was introduced, no more than 275 million lei (EUR63 million), ten times less than the...
EU Refunded Romania Over EUR125M In February For Infrastructure Projects
The European Commission sent Romania's Transport Ministry refunds of more than EUR125 million in February, through the Transports Sector Operations Program (T-SOP), and is reviewing projects...
CFR Leases Seven Sections From Craiova Branch To Private Operator
Romanian railway administrator CFR SA has leased seven rail sections managed by the Craiova branch to RC-CF Trans Brasov for four years and an annual rent of 1.96 million lei (EUR448,800), w...