Automotive
Romanian President Woos German Investors With “Large Privatization” Outlook
Romanian President Traian Basescu on Thursday said, after meeting German Chancellor Angela Merkel, that Romania will start a large privatization process, involving thermal power producers Tu...
Romania Approves Two Road Upgrade Projects, Worth RON309M
Romania's Government on Wednesday approved the technical-economic indicators for two projects, worth a total 308.84 million lei (EUR71 million), to strengthen three sectors of road DN 2A Har...
Wizz Air: Moving Low-Cost Flights To Bucharest’s Otopeni Airport To Trigger Airfare Hikes
Moving low-cost flights from the Aurel Vlaicu (Baneasa) airport to the Henri Coanda (Otopeni) airport, which charges higher tariffs, will force companies to increase airfares or exit the mar...
Orsova Shipyard 9-Month Sales Fall 29% To RON40.3M
Romanian shipyard Santierul Naval Orsova (SNO.RO) Thursday reported total sales of 40.29 million lei (EUR9.7 million) in the first nine months, down 29% from RON57.3 million in the year-earl...
Citroen: Sales Will Pick Up Once Boom-Era Loans Are Repaid
Car sales will continue to decline this year by almost 10%, compared with 2010. There is no market rebound in sight for the next year, either, given that companies are the only ones making l...
CFR Awards EUR317M Railway Upgrade Contract
Romania’s state-owned railway company CFR SA has awarded a contract worth 1.35 billion lei (EUR317.26 million), net of VAT, to the consortium Swietelsky - Strabag - Alstom - Arcada - Eurocon...
Bucharest-Ploiesti Highway To Open For Traffic Next Spring - PM
Romanian Prime Minister Emil Boc said Saturday the 62-kilometer highway linking capital Bucharest to Ploiesti will be open for traffic next spring at the latest.
Romania To Open 65 Km-Long Transylvania Highway Section In Nov 2012
The 65 km-long Suplacu de Barcau-Bors section of the Transylvania Highway might be open for traffic in November next year, but the project's final acceptance is scheduled for August 30, 2013...
Boagiu: EU Funds For Contested Highway Section Can Be Redirected
The EU financing for a section of the Timisoara-Lugoj Highway will not be lost and can be directed to other projects if the European Commission decides to withdraw the funding, said Romanian...