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Romanians Bought Luxury Cars Worth Over EUR1.2M In 4Q
Automotive

Romanians Bought Luxury Cars Worth Over EUR1.2M In 4Q

The market of super-luxury cars boomed in the last quarter of this year, when three cars worth a total of over EUR1.2 million, were delivered.

Bogdan Alecu · 15.12.2011 · 00:00 · 2 min
Basescu: Relocation Of Renault’s Romanian Production Out Of The Question
Automotive

Basescu: Relocation Of Renault’s Romanian Production Out Of The Question

Romanian President Traian Basescu said Wednesday Renault is one of the most stable investments on the local market, and added that a relocation of the French carmaker’s Dacia production in M...

Ioana Tudor · 14.12.2011 · 14:54 · 1 min
Automotive

Basescu Asks MPs To Review Bill Eliminating Design Protection On Visible Car Parts

Romanian President Traian Basescu on Wednesday sent back to Parliament for review a bill that eliminated legal protection for designs and models for visible car spare parts and urged lawmake...

Oana Gavrila · 14.12.2011 · 14:32 · 1 min
Social/Politics

Romanian Parliament OKs 2012 Budgets of Ministries of Transport, Environment

Romania’s Parliament on Wednesday adopted the 2012 budgets of the ministries of Transport and Environment, rejecting all amendments submitted by the opposition.

Oana Gavrila · 14.12.2011 · 13:55 · 1 min
RTR Boss: Competitiveness On Current Market, Biggest Challenge For Logan 2
Automotive

RTR Boss: Competitiveness On Current Market, Biggest Challenge For Logan 2

Sorin Buse, the Romanian who supervised a $1.1 billion greenfield investment in a Toyota plant in Woodstock, Ontario in Canada, says the biggest challenge for Logan 2, the model codenamed X5...

Bogdan Alecu · 14.12.2011 · 00:00 · 2 min
Boagiu Appoints Bucharest Metropolitan Transport Authority Head
Automotive

Boagiu Appoints Bucharest Metropolitan Transport Authority Head

Romanian Transport Ministry Anca Boagiu on Tuesday appointed Adrian Crit, former director of Bucharest’s public transport authority RATB, in the position of general manager of the Bucharest...

Ioana Tudor · 13.12.2011 · 19:33 · 1 min
Automotive

Drobeta Turnu Severin Beltway Opened To Traffic

Works on a 4-kilometer section of the Drobeta Turnu Severin beltway in Southern Romania were finished Monday and the ring road has been opened to traffic.

Ioana Tudor · 12.12.2011 · 19:21 · 1 min
Automotive

Romania, Bulgaria Sign Single Airspace Agreement

Romanian Transport Ministry state secretary Alexandru Nazare and Bulgarian Transport Minister Ivailo Moskovski signed an agreement in Brussels to set up a functional airspace block through w...

Ioana Tudor · 12.12.2011 · 17:21 · 1 min
Automotive

CFR Sigs Infrastructure Upgrade Contracts Worth EUR216M

Romanian railway administrator CFR SA on Friday signed eight contracts worth a total of EUR215.7 million to upgrade five train stations and repair the Vintu de Jos – Coslariu line and five t...

Ioana Tudor · 09.12.2011 · 20:09 · 1 min