Automotive
Competition Council Fines 14 Car Part Suppliers For Non-Disclosure
Romania’s Competition Council has fined 14 car part suppliers a total 601,210 lei (around EUR140,000) because they refused to disclose information the watchdog claimed during an inquiry on t...
Continental Group To Hire 2,000 In Romania By End-2013
German auto group Continental will hire 2,000 people within its Romanian operations by end 2013, and will reach a total of 12,000 employees in the country.
Dacia Steps Up Production
Domestic car production has almost entirely recouped the decline witnessed in recent months, driven by Dacia, which modified its summer holiday calendar for the first time in the past decade...
Romania To Fine Constructors EUR65M For Delays On Railway Modernization
Romania's Transport Ministry will penalize the companies modernizing railway line Constanta-Brasov EUR65 million for delays, minister Anca Boagiu said Tuesday.
Continental To Expand Timisoara Tire Factory Through EUR40M Investment
The Romanian branch of German car part producer Continental is expanding its tire factory in Timisoara, investing more than EUR40 million and hiring 300 new employees, general manager Pedro...
Senate Committee Approves Romania’s New Car Pollution Tax
The administration committee in Romania’s Senate on Tuesday approved the Government’s bill that changes the current car pollution tax.
Dacia Car Registrations In France Down 23.3% In Jan-Sept To 62,520 Units
Registrations of new Dacia cars in France dropped 23.3% in the first nine months of the year to 62,520 units from 81,480 units in the same interval a year ago, according to data released Mon...
Finnair To Cancel Direct Flights To-From Romania
Finnish airline Finnair's direct flights to Romania will be cancelled starting on October 29, because they are not profitable, press officer Laura Varga told MEDIAFAX on Monday.
Romanian Te Rox Prod Invests EUR7.2M To Export Child Seats
Romanian child seatbelt maker Te Rox Prod on Monday said it plans to make and export child seats under its own brand, following an investment of EUR7.2 million in a production unit.