Automotive
Bucharest’s Theodor Pallady Blvd. Targeted By Investments Worth EUR500M
Bucharest’s Theodor Pallady boulevard will draw investment of more than EUR500 million over the next two years, especially in retail and on the auto segment, according to Bucharest District...
Top 10 Events In Infrastructure In 2011
The construction market received a new impetus in 2011, at least in the infrastructure sector, after contracts worth several billion euros for roads, railway and the subway were awarded. But...
Romania Signs Brokerage Deal For Tarom IPO
The Romanian Transport Ministry has signed an agreement with brokerage houses Carpatica Invest and Swiss Capital for the sale of a 20% stake in state-run airline Tarom, the ministry said in...
Dacia Registrations In EU Fell 4.6% On Year In First 11 Months, Despite Increase In November
Registrations of new Dacia cars in the EU increased 5.7% on the year in November, but declined 4.6% in January-November, and registrations on the Romanian market declined more than the EU, a...
Romania Takes EUR500M From EIB For Infrastructure, Eco Investment
Romanian authorities on Friday signed two deals with the European Investment Bank, for loans cumulating EUR500 million, aimed at funding the construction of a new subway line in Bucharest an...
Operational Leasing Seen Up 20% In 2012
Operational leasing company Arval, controlled by French giant BNP Paribas, has invested more than EUR16 million this year in order to expand the fleet of cars leased to companies to over 4,0...
Parliament Adopts Bill On Car Pollution Tax
The Romanian Chamber of Deputies on Thursday adopted a bill on the car pollution tax, which amends the first registration tax criticized by the Court of Justice of the European Union.
Metrorex Signs EUR66M Consulting Contract For New Mainline
Bucharest subway operator Metrorex signed a EUR66.6 million consulting contract with a Japanese-Romanian-French consortium to build a new mainline which will link the subway network to the H...
Romanian-Serbian Cross-Border Cooperation Program Allotted EUR20.1M For 2012-2013
The Romanian-Serbian cross-border cooperation program will have a budget of EUR20.1 million between 2012 and 2013, of which EUR17.1 million represents EU financing and the remainder is natio...