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Lufthansa Names New General Manager For Romania
Automotive

Lufthansa Names New General Manager For Romania

Airline Lufthansa, one of the largest players on the Romanian market regarding passenger numbers, has a new general manager for Romania and the Republic of Moldova, Patrick Artiel, who repla...

Mirabela Tiron · 08.02.2012 · 00:00 · 1 min
Automotive

CFR Signed Contracts For Line, Station Upgrades Worth EUR479M

Romanian railway administrator CFR SA on Tuesday signed six contracts for the modernization of two rail sections and four stations, worth a total EUR479 million, while road authority CNADNR...

Radu Bostan · 07.02.2012 · 21:00 · 1 min
Energy

CFR Calatori Buys RON78M Worth Of Diesel Fuel From Oscar Downstream

Romanian state-owned railway passenger transporter CFR Calatori has bought Euro 5 diesel fuel from trader Oscar Downstream within a contract worth 77.82 million lei (EUR17.9 million), VAT ex...

Andrei Cîrchelan · 07.02.2012 · 13:25 · 1 min
Transport Ministry Starts Off On Selecting Broker For CFR Marfa Privatization
Automotive

Transport Ministry Starts Off On Selecting Broker For CFR Marfa Privatization

The Romanian Transport Ministry has published an auction announcement to select a broker to manage the privatization of freight railway operator CFR Marfa.

Ioana Tudor · 06.02.2012 · 19:07 · 2 min
Romania, A Country Crossed By Mountains, Has Less Than 2km Of Road Tunnels
Automotive

Romania, A Country Crossed By Mountains, Has Less Than 2km Of Road Tunnels

Romania currently has nine road tunnels, with a cumulated length of 1.6 km, although it is crossed by mountains, which would justify more such tunnels. Hungary, a largely low-lying country,...

Radu Bostan · 06.02.2012 · 00:00 · 3 min
IMF, EC Concerned About Romania's Infrastructure Development Program
Automotive

IMF, EC Concerned About Romania's Infrastructure Development Program

Romania's National Infrastructure Development Program does not abide by good fiscal practices and may be a liability for the 2012 budget, say International Monetary Fund and European Commiss...

Radu Bostan · 05.02.2012 · 19:20 · 1 min
Automotive

Romania Awards RON50M Contract For Ringroad Construction To Portugal's Soares da Costa

Romania's road authority CNADNR has awarded a 49.01 million lei (EUR11.27 million) contract for the construction of a 7 km-long ringroad for Tecuci, Galati county to Portuguese company Soare...

Radu Bostan · 05.02.2012 · 15:53 · 1 min
Tarom To Add New Bucharest-Budapest Flights Next Week
Automotive

Tarom To Add New Bucharest-Budapest Flights Next Week

Romanian airline Tarom will increase the frequency of Bucharest-Budapest flights by seven per week, starting February 6, after Hungarian state-owned airline Malev filed for bankruptcy and gr...

Radu Bostan · 03.02.2012 · 19:06 · 1 min
Wizz Air Invests $100M In Budapest Operations After Malev Bankruptcy, Resumes Flights To Bucharest
Automotive

Wizz Air Invests $100M In Budapest Operations After Malev Bankruptcy, Resumes Flights To Bucharest

Low-cost airline Wizz Air has announced it will invest $100 million to expand its operations in Budapest and will resume flights from the Hungarian capital to Bucharest, after state-owned ai...

Radu Bostan · 03.02.2012 · 16:58 · 1 min