Automotive
Bosch To Invest EUR43M To Expand Production Facility In C Romania
German conglomerate Bosch will invest about EUR43 million by the end of 2013 to expand its production facility in Blaj, central Romania, and buy new production equipment, the company said in...
Metrorex Receives Five Bids For Subway Line Extension
Bucharest subway operator Metrorex received five bids for the construction of the Parc Bazilescu-Straulesti subway line from three consortia and two companies.
Dacia To Launch Story Limited Series For Sandero And Logan Models
Romanian carmaker Automobile Dacia, owned by French group Renault, is set to launch in March, the limited series Story available for its Sandero and Logan models, at prices set in ratio with...
Big Car Dealers Extend Warranty Period To Draw Clients Into Service Centers
Whether new cars are sold or not, the over 4.2 million existing cars in Romania have to be maintained and repaired. This is the new battlefield for car dealers on the local market, with ever...
Relocation Of Low-Cost Airline Flights To Boost Business For Otopeni Operators
The largest airport in Romania, Henri Coanda (Otopeni), will see passenger traffic increase by 45% to 47% as of March 25, when all the low-cost flights currently operated from the Baneasa Ai...
Chimpex 2011 Net Profit Up 4.8% To RON7.7M
Romanian port operator Chimpex Constanta (CHEM.RO) Wednesday said its net profit rose 4.8% to 7.73 million lei (EUR1.7 million) in 2011, from RON7.37 million a year earlier.
Over 11,000 New Jobs And Investments Of EUR1 Billion Announced In First Two Months
Retailers, IT firms, manufacturers of auto parts, outsourcing centers, as well as investors in wind farms have announced they will create over 10,000 jobs this year on the Romanian market, w...
Almost 30% Of Romanians Fix Their Own Cars; 45% Use Brand Repair Shops
Some 45% of Romanians use branded auto repair shops, 28% prefer the prices charged by independent shops, while 27% fix up their car themselves, says a survey by Auto.ro and market research c...
Fleet Management Services Targets 20% Rise In Turnover To EUR3.6M In 2012
Fleet Management Services (FMS), controlled by investment fund Gemisa Investments, targets a 20% increase in turnover this year, to EUR3.6 million, compared with last year's turnover of EUR3...