Automotive
Romania, On Michelin’s Short List For New Investment
The Michelin group, one of the largest tire makers worldwide is considering opening a new plant in Romania.
Romania's Government Aims To Collect EUR40M From Tarom IPO
The Romanian government expects to collect between EUR20 million and EUR60 million for the 20% stake it plans to sell in airline Tarom on the local stock market.
Valmar, APIA: Romanian Car Sales Seen Below 80,000 Units In 2011
This year's car sales in Romania will amount to less than 80,000 units, way below the 100,000 units estimated by the Association of Automobile Producers and Importers (APIA), said the associ...
Romania To Eliminate Design Protection On Visible Car Parts
Romania's Chamber of Deputies last week adopted a bill eliminating legal protection for designs and models for visible car spare parts.
Dacia Registrations In France Down 14.5% In Jan-Nov To 81,517 Units
Registrations of new Dacia cars in France dropped 14.5% in the first eleven months of the year to 81,517 units from 95,354 units in the same interval a year ago, according to data released T...
Erste’s Head Of Infrastructure Finance: Romania Is The Most Important Market For Us
Werner Weihs-Raabl, head of group infrastructure finance and group public sector with Austria’s Erste, which owns the largest local bank, BCR, says Romania is the most important market now.
Wizz Air To Launch Bucharest-Palma de Mallorca Flight In June 2012
Low-cost airline Wizz Air will launch a flight from Bucharest to Palma de Mallorca (Spain) in June next year, the operator said Wednesday.
Boagiu: Entire Bucharest-Constanta Highway To Be Open For Traffic By Summer 2012
Romanian Transport Minister Anca Boagiu said that the entire Bucharest- Constanta highway will be open for traffic by summer next year, as work on the Cernavoda- Medgidia and Medgidia- Murfa...
Insurers To Face Penalties If They Breach Car Insurance Policy Terms
Insurers failing to observe the terms stated in mandatory car insurance policies (RCA) will have to pay damages to policyholders, Romanian insurance regulator CSA said in a press release Wed...