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Michelin: Romanian Winter Tire Market Surged 130% To 1.46M Units In Jan-Sep
Automotive

Michelin: Romanian Winter Tire Market Surged 130% To 1.46M Units In Jan-Sep

The Romanian winter tire market rose 130% in the first nine months of the year compared with the same interval a year ago, to 1.46 million units, Alina Ghica, marketing director of tire manu...

Ioana Tudor · 18.10.2011 · 14:35 · 1 min
Romania Ranked 17th In EU By New Car Registrations In Jan-Sept
Automotive

Romania Ranked 17th In EU By New Car Registrations In Jan-Sept

The Romanian car market was ranked 17th in the European Union regarding the number of new car registrations in the first nine months of the year.

Ioana Tudor · 18.10.2011 · 12:21 · 2 min
Romania Receives Single Bid For Tarom IPO
Capital Market

Romania Receives Single Bid For Tarom IPO

A consortium made of brokerage house Carpatica Invest and Swiss Capital Thursday has submitted the only offer to help with the sale of a 20% stake in Romanian state-run airline Tarom, people...

Florentina Dragu · 17.10.2011 · 17:42 · 1 min
Automotive

Romstrade Wins EUR14M Road Upgrade Contract In Giurgiu County

Local authorities in Giurgiu county, southern Romania, have awarded Romstrade a contract worth 63.6 million lei (EUR14.7 million), net of VAT, for the rehabilitation and upgrade of county ro...

Radu Bostan · 17.10.2011 · 16:01 · 1 min
Pirelli CEO On Romanian Investment: We Want To Be Where Growth Is
Automotive

Pirelli CEO On Romanian Investment: We Want To Be Where Growth Is

Italian tire-maker Pirelli, which has a production unit in Slatina, southern Romania, says the tire market is not crisis-stricken as the car market and the premium tire segment, on which the...

Oana Gavrila · 16.10.2011 · 17:58 · 3 min
Recruited By Ford In 1998, Catalin Constantin Builds A Career As Land Rover Sales Manager
Automotive

Recruited By Ford In 1998, Catalin Constantin Builds A Career As Land Rover Sales Manager

Catalin Constantin has been running Jaguar and Land Rover sales operations in Eastern Europe for six years. He currently lives in the United Kingdom and comes to Romania almost every month t...

Bogdan Alecu · 16.10.2011 · 15:57 · 2 min
CFR Marfa Posts 18% Annual Rise In Jan-Aug Operating Revenue
Automotive

CFR Marfa Posts 18% Annual Rise In Jan-Aug Operating Revenue

Romanian state-owned railway transporter CFR Marfa on Friday reported a 26% year-on-year rise in its January-August volumes, while operating revenue rose some 18%.

Andrei Cîrchelan · 14.10.2011 · 13:37 · 1 min
Automotive

RATB To Spend EUR760,000 On Monitoring System

Bucharest's public transport authority (RATB) will buy a monitoring system for 1,000 buses and 100 trolley buses, estimating that the EUR760,000 investment will be compensated in less than a...

Radu Bostan · 13.10.2011 · 19:30 · 1 min
Automotive

New Car Registrations Down 21.4% On Month In September

Romanian new car registrations fell 21.4% on the month to 6,875 units in September, but were modestly up from 6,860 units in the year-earlier period, Interior Ministry data showed Wednesday.

Florentina Dragu · 12.10.2011 · 13:22 · 1 min