Automotive
Dacia Unionists Threaten Protests Over Measure Impacting Retirement
Unionists of Romanian carmaker Dacia, owned by French group Renault, said Friday they will stage protests starting next week, including a full-blown strike, displeased that the management of...
Johnson Controls Paid More Than EUR10 Million For Romanian Automotive Supplier
US group Johnson Controls, which owns four automotive component plants in Romania, paid EUR10 to EUR15 million to buy the auto division of Spumotim Timisoara, which makes polyurethane foam f...
Romania To Continue Layoffs In Railway Sector, Close Lines For Which Auctions Failed
The Romanian Government will continue layoffs in the railway sector next year and will carry on auctions to lease 1,600 kilometers of extended railway, according to a letter of intent agreed...
35-Year Old Romanian Becomes Key Engineer At Audi
He wanted to take a job with Dacia but failed so that he stayed with Audi and is now in charge of the steering system of Audi A4 and Q5, the best selling models of the German carmaker. What...
Romania To Put 2 New Firms Under Private Admin, Removes CFR Marfa From List
Romania's government has taken out freight railway operator CFR Marfa from a list of state-owned companies to be run by private managers, while adding two new enterprises, according to the c...
Competition Council Fines 25 Road Builders EUR430,000 For Non-Disclosure
Romanian antitrust authorities slapped 25 road builders with fines worth a total 1.8 million lei (EUR430,000) because they refused to disclose information the watchdog claimed during an inqu...
Michelin Looks To Romania For New Investment, But Seeks Incentives
The Michelin group, one of the leading tire manufacturers worldwide, plans to expand production to Eastern Europe, which would serve the European market, through a new investment in a plant...
Johnson Control Buys Romanian Spumotim's Auto Division
U.S. car parts maker Johnson Control announced it has bought the automotive division of Romanian polyurethane foam maker Spumotim Timisoara, for an undisclosed amount.
Romania To Finish 90 Km Of Highway Next Year, Transport Minister Says
Romania’s Transport Ministry will finalize about 90 kilometers of highway in 2012 and 550 km of the fourth pan-European transport corridor should be open to traffic in 2013, Transport Minist...