Automotive
Romania Might Offer Financial Support To Businesses Opening Stations For Electric Cars
Romania’s Environment Ministry will offer financial support to the businesses which will open stations for electric cars, Environment Minister Laszlo Borbely said Wednesday.
Kirchhoff Automotive To Invest EUR15M In Romanian Car Part Plant
German car part producer Kirchhoff Automotive will invest EUR15 million to build a plant on the industrial platform in Craiova, southern Romania, which will be staffed initially by 200 emplo...
Romania To Apply Current Car Pollution Tax Until 2013
Romania will apply the car pollution tax currently in effect until 2013, Environment Minister Laszlo Borbely said Wednesday at a conference organized by the Foreign Affairs Ministry.
Romania Wants Daewoo To Fund Mangalia Shipyard With $70M
The shareholders of southeast Romanian shipyard Daewoo Mangalia Heavy Industries, or DMHI, have started negotiations on an increase of share capital, where the South Korean investors would c...
Renault Romania Recalls 4,164 Dacia, 740 Renault Cars For Engine Valve Checkups
Renault Romania recalls 4,164 Dacia cars and 740 Renault cars over likely valve problems with engines produced in Spain, said Automobile Dacia representatives.
New Car Sales Up 10% In August
The car market continues to grow in the second half of the year, but companies no longer expect a “last minute” recovery of sales, not even supported by the car scrap scheme.
Clunkers Program Vouchers To Expire After November 23
The vouchers issued by Romania's Environment Fund Administration in 2011 through the clunkers program will expire after November 23, Environment Minister Lazlo Borbely warned Monday.
Romania To Select Broker For Tarom IPO October 18
Romanian Transport Ministry will select a broker to help with the public offering of a 20% stake in state-run airline Tarom on October 18, the ministry said Monday.
European Commission OKs EUR724M Funding For Two Romanian Highways
The European Commission has approved non-reimbursable funding for two Romanian highways that will cost EUR850.7 million to build.