Automotive
CNADNR's Investment Spending Up 0.27% This Year
Romanian road authority CNADNR's budgeted investment spending will be raised this year by 21 million lei (EUR4.8 million) or 0.27%, to RON7.751 billion, of which almost half will come from f...
Development Ministry To Hold New Auction For Road Upgrade In NE Romania
The Romanian Development Ministry has published a new auction announcement to award a contract worth 360.4 million lei (EUR83 million), VAT excluded, to upgrade roads in Suceava county, nort...
Tarom Carried 2.2 Mln Passengers In 2011, Lost Leading Position On Romanian Market
Romanian state-run airline Tarom carried 2.19 million passengers last year, the same as in 2010, while low-cost airline Wizz Air became leader with 2.7 million passengers, up 23% on the year...
CNADNR Signs EUR27.4M Road Upgrading Contract
Romania’s national roads authority CNADNR on Monday signed a 161.03 million lei (about EUR27.4 million) contract with Romanian-Italian consortium CCCF Drumuri si Poduri Timisoara - Co.Ge.Fa...
Boc: Bosch Asked Government For Financial Aid To Develop Investment In Cluj County
Germany's Bosch asked the Romanian Government for financial aid to develop an investment project in Cluj County, northwestern Romania, Prime Minister Emil Boc said Monday.
Government Suspends Car Pollution Tax – Sources
Romania's Government on Monday decided that the car pollution tax, charged on the first sale of cars registered before 2007, would be suspended until next year, with a refund offered to car...
Metrorex To Pay Alstom RON157M For Maintenance In 2012
Bucharest subway operator Metrorex last year paid maintenance contractor Alstom 146 million lei (EUR33.68 million) and estimates these expenses will rise in 2012 by 7.5%, to RON157 million,...
January: Good For Furniture Industry And Private Clinics, Uncertain For Retail, Weak For Restaurants
The street protests of the past couple of weeks and the bad weather have been felt in companies’ accounts, but only for a few days, without significantly affecting full-month results.
Goodyear: Romanian Tire Market Has High Growth Potential To 15 Million Units
The Romanian tire market has a high growth potential and will be considered mature when it reaches about 15 million units, from the current 3 million, said Michel Rzonzef, vice-president for...