Automotive
Romanian Sibiu-Pitesti Highway To Be Built With EU Funds
Romania's Transport Ministry has given up trying to finance the construction of the Sibiu-Pitesti highway through public-private partnership, announcing the project will attract European fun...
IMF Urges Romania To Adopt New Circulation Schedules For Metrorex In Line With "Market Demand"
Bucharest subway operator Metrorex will adopt new circulation schedules to bring transport capacity in line with market demand, by the end of June 2012, as per the agreement between the Roma...
IMF Urges Romania To Renegotiate Costly Contract For Rundown Rail Line
The International Monetary Fund has charged Romania's Government to renegotiate the contract for the Valcea-Valcele railway line, whose value has risen four times after it was unilaterally s...
GEFCO Romania Operates First Transport For Aerospace Industry
GEFCO Romania has operated its first transport in the field of aerospace industry, after it carried machines from the company World Machinery Works, based in Bacau, eastern Romania, to a maj...
New Renault Commercial Roumanie Boss Wants An Increase In Sales
Almost half of the 116,000 cars sold via the clunkers program last year were bought by people who had never owned a car before, thus radically changing the target of the program. In comparis...
IMF Asks Tarom To Return Leased Boeing Plane Or Pay Lower Rent
The International Monetary Fund has asked Romania's Government to return the last Boeing 737-800 aircraft leased by state airline Tarom four years ago, or to lower the rental cost to the mar...
IMF Gives CFR Deadlines To Upgrade Bucharest Main Station, Repair Old Line
Romania's state-owned railway administrator CFR has until the end of June to make a deal with Belgian constructor Eurostation for the modernization of Bucharest's main station, and will have...
Blue Air Expects Sales To Top EUR150M In 2012
Romanian low-cost airline Blue Air's turnover dropped by 9% last year, to EUR149.5 million, but the company estimates it will grow by 3%-4% in 2012.
Low-Cost Airline Blue Air To Move Flights To Otopeni Airport As Of March 25
Romanian low-cost airline Blue Air will move its flights, currently operated on Bucharest’s Aurel Vlaicu (Baneasa) airport, to Henri Coanda (Otopeni) airport, starting March 25, when it is s...