Automotive
Continental Plans To Reach EUR400M Turnover At Sibiu Plant In 2015
German auto components supplier Continental Automotive Systems is investing EUR35 billion to boost the production capacity of its Sibiu plant. The project, to be finalized in 2012, will expa...
Boc: Romania Might Implement Five Major Projects Through Public-Private Partnership
Romanian Prime Minister Emil Boc said the Government has five major projects it wants to implement through public-private partnership – a hydropower plant, two new reactors for the Cernavoda...
Romanian Development Ministry Awards EUR325M Contracts For Road Upgrade In Six Counties
Romania's Regional Development and Tourism Ministry has awarded three new contracts for road modernization in the counties Hunedoara, Timis, Arad, Bihor, Tulcea and Galati, worth a total 1.4...
Romanian Car Sales To Post Single-Digit Drop In 2011 - Dealers
The Romanian car market will drop in single digits this year compared to 2010, mainly due to lack of financing, according to car dealers polled by MEDIAFAX.
Tractor Scrappage Program Might Let Participants Use Three Vouchers Starting 2012
Romanian Environment Minister Laszlo Borbely said Friday participants in the clunkers program for tractors and self-propelled agricultural vehicles might be allowed to use three scrapping vo...
Boagiu: Construction Of Highway Sections Timisoara-Lugoj, Nadlac-Arad May Start
Romanian Transport Minister Anca Boagiu said Friday construction works on highway sections Timisoara - Lugoj and Nadlac - Arad in western Romania will start this fall.
Japan's Yazaki Officially Opens Wiring Factory In Caracal
Japanese car wiring producer Yazaki on Thursday officially opened its plant in Caracal, Romania – a EUR4 million investment in operation since March, which supplies parts for Ford.
Continental Wants To Work With Ford's Craiova Plant
Christian von Albrichsfeld, general manager of Continental Automotive Romania and head of the research and development division, says he would like to have a partnership with Ford for car co...
Finance Ministry Approves EUR10.5M In Aid For Cord Romania, ContiTech Fluid Automotive
Romania's Finance Ministry this week approved providing state aid in the amount of EUR10.5 million for investments carried out by Cord Romania and ContiTech Fluid Automotive.