Automotive
Aerostar Net Profit Rises 21% To RON4.3M In January-September
Romanian aircraft builder Aerostar Bacau (ARS.RO) Friday said its net profit rose 20.8% on the year to 4.28 million lei (a little over EUR1 million) in the first nine months, despite lower s...
Romania Has Twice As Many Expensive Cars As It Does High-Earning Taxpayers
Greece’s tax evasion, blamed by the whole of Europe as a source of the Greek government’s excessive indebtedness, has been shown by the Athens press to be reflected in the fact that the numb...
Bank-Owned Firms Dominate Leasing Market
The ranking of the largest financial leasing companies did not radically change in the first half of this year, as the same companies dominated a market that is only now showing the first si...
Germany's Draexlmaier To Expand Production Capacity At Three Romanian Plants
German car part maker Draexlmaier wants to expand the production capacities of its plants at Satu Mare, Codlea and Hunedoara, and develop its collaboration with Romanian universities for emp...
Dacia Registrations In France Down 18.4% In Jan-Oct To 71,086 Units
Registrations of new Dacia cars in France dropped 18.4% in the first ten months of the year, to 71,086 units from 87,131 units in the same interval a year ago, according to data released Mon...
New Authority To Handle Road Transport Controls Starting In December
Traffic control in road transport, currently the responsibility of the Romanian Road Authority, Romanian Car Registry and National Roads and Highways Company (CNADNR), will be taken over by...
AutoItalia Targets 4.5% Market Share In 2012
Romanian car importer AutoItalia aims to increase its market share by one point, to 4.5%, next year, over its expanded portfolio that now includes the Jeep brand and a more aggressive commer...
CFR To Hold Auction To Lease 1,600 Km Of Railroad
Romanian railway administrator CFR SA will organize an open outcry auction on November 10 to lease about 1,600 km of the public railroad network to private operators, the company said in a p...
Government's List Of Priority EU Projects: Worth EUR7B And 0% Completed
Romania's Government has drawn up a list of 60 projects financed by the EU that will be monitored with priority, most of them at little over 0% completion despite being worth more than EUR7...