Automotive
Austrian Kapsch Seeks Highway Taxation, Railroad Comm Projects In Romania
Austrian group Kapsch, with a turnover estimated at EUR1 billion in the current fiscal year, plans a strong development of its IT&C business line in Romania, but it is mainly focusing on pro...
Turkish Airline's Conquest Of The Romanian Market
One in two passengers flying to Asia chooses Turkish Airlines. Mehmet Akif Kilic, head of the Romanian branch, gave an exclusive interview to BUSINESS Magazin on the Turkish assault on the R...
ELJ Automotive To Supply Ford Romania
Romanian plastic component producer ELJ Automotive Titu has invested EUR7 million into expanding its production capacity, with EUR10 million more to be spent later, and has become a supplier...
Spanish Ideconsa To Construct Romanian Beltway For EUR7.4M
Romania’s national roads authority CNADNR has awarded a contract worth 32.029 million lei (EUR7.4 million), VAT excluded, to Spanish company Idecon S.A.U. to construct the Sacuieni town belt...
Carpatair Might Invest EUR15M In Hangar On Timisoara Airport
Romanian airline Carpatair might invest EUR15 million in a hangar in Timisoara, to provide maintenance for its aircraft and those of other companies, and which could be operational in about...
Delta ACM 93-Led Consortium To Upgrade Bucharest Beltway Section For EUR25M
Romania’s national roads authority on Wednesday awarded a contract worth 106.61 million lei (EUR24.79 million), VAT excluded, to consortium Delta ACM 93 - Azvirt LLC - Maxidesign to upgrade...
APIA: Romania 10-Month Car Sales Down 11% On Year To 78,848 Units
Romanian new passenger car sales fell 11% on the year to 78,848 units in January trough October, from 88,582 units in the year-earlier period, the Automotive Manufacturers and Importers Asso...
Blidar Looks For Business In South America To Make Up For Declines In Europe And Africa
Businessman Valer Blidar, one of the leading Romanian industrialists, who controls Astra Vagoane Calatori passenger car manufacturer, says he has started to look for business in South Americ...
Bucharest Beltway Upgrade Requires Additional Expropriations Worth RON14.6M
Romania's Transport Ministry will pay additional compensation of 14.62 million lei (EUR3.35 million) for expropriations for the upgrade of Bucharest's beltway, after the project's feasibilit...